SAR Televenture SME FPO Details, Financials, Valuation & Peers
Get everything you need to know about the SAR Televenture FPO. Explore SAR Televenture FPO details, including FPO dates, financial statements, valuation, peer comparison, and more.
Overview
SAR Televenture Limited is a leading telecommunication infrastructure provider in India, specializing in the installation and commissioning of telecom towers and fiber optic networks. Established as a private limited company on May 24, 2019, it was converted to a public limited company and subsequently listed its equity shares on the NSE Emerge Platform on November 08, 2023. The company provides a range of telecommunication solutions and support services to network operators and Internet Service Providers (ISPs) across various Indian states and the Andaman & Nicobar Islands.
Key Points:
- Telecommunication Infrastructure:
- Engaged in the installation and commissioning of telecom towers.
- As of May 31, 2024, installed a total of 413 towers across West Bengal, Bihar, Uttar Pradesh, Chandigarh, Odisha, Jharkhand, Himachal Pradesh, Punjab, and Andaman & Nicobar Islands.
- Licensing and Registration:
- Registered as Infrastructure Provider Category-I (IP-I) with the Department of Telecommunication (DOT).
- Permitted to lease out build sites (GBT/RTT/Pole sites and Out Door Small Cell), and establish and maintain assets like Dark Fibers, Right of Way, Duct Space, and Towers.
- Support Services:
- Provides project management for laying duct and optic fiber cables, construction of basic transmission and telecom utilities, dark fiber leasing, optical fiber network construction, and maintenance.
- Offers turnkey services for optic fiber projects to Telecom Network Operators, Broad Band Service Operators, and ISPs.
- International Expansion:
- Acquired SAR Televentures F.Z.E, UAE (formerly Shoora International – F.Z.E) in January 2023.
- The subsidiary is engaged in the laying and installation of fiber cables and trading of network equipment.
- New Business Ventures:
- Entered the Fiber to the Home (FTTH) business, providing high-speed broadband internet directly to households.
Objects of the Issue
- Funding setting up of Fiber-to-the-Home (FTTH) network solutions for 3,00,000 Home Passes;
- Funding setting up of an additional 1000 number of 4G/5G telecom towers;
- Funding incremental working capital requirement of the Company
- General Corporate purposes
FPO Details
Discover essential information crucial for understanding an FPO, including the Price Band, Fresh Issue, Offer For Sale, Total FPO Size and more. Explore these key details to gain insight into the company's public offering.
| Fields | Details |
|---|---|
| FPO Dates | 22 Jul - 24 Jul 2024 |
| FPO Price Band | ₹ 200 - 210 per share |
| Fresh Issue | ₹ 150 crore |
| Offer For Sale | NIL |
| Total FPO Size | ₹ 150 crore |
| Face Value | ₹ 2 |
| Listing On | NSE |
FPO Timeline
Explore important dates like FPO opening, closing, listing and others, outlining the journey of the Public Offering. This will help you grasp the entire FPO journey effortlessly.
| Event | Date |
|---|---|
| FPO Opening Date | 22 Jul 2024 |
| FPO Closing Date | 24 Jul 2024 |
| Basis Of Allotment | 25 Jul 2024 |
| Refunds | 26 Jul 2024 |
| Demat Transfer | 26 Jul 2024 |
| FPO Listing Date | 29 Jul 2024 |
Financial Statements
Explore a comprehensive financial data table showcasing key metrics including revenue, expenses, net income, and others. Gain valuable insights about the company's financial performance at a glance, facilitating informed decision-making and strategic planning for subscribing to the FPO.
| Period Ended | 31st March 2021 | 31st March 2022 | 31st March 2023 | 31st March 2024 |
|---|---|---|---|---|
| Total Income | 0.91 | 4.75 | 32.52 | 124.17 |
| Total Expenses | 0.93 | 4.73 | 28.24 | 108.10 |
| Net Profit/Loss | -0.03 | 0.04 | 3.94 | 15.66 |
| NPM (*) | -2.99 | 0.78 | 12.10 | 12.61 |
| Total Assets | 1.45 | 4.11 | 24.22 | 266.42 |
| Total Liabilities | 1.56 | 4.19 | 12.37 | 194.61 |
* NPM represents the net profit margin, calculated as a percentage. All other figures are presented in crore (₹cr)
Valuation
Uncover significant valuation metrics such as EPS (Earnings Per Share), ROE (Return on Equity), ROCE (Return on Capital Employed), D/E Ratio (Debt-to-Equity Ratio), Current Ratio, and EBITDA Margin. These key indicators offer insights into the company's financial standing and performance, aiding in informed investment decisions.
| Period Ended | 31st March 2021 | 31st March 2022 | 31st March 2022 | 31st March 2024 |
|---|---|---|---|---|
| EPS | -1.71 | 1.78 | 181.28 | 14.20 |
| ROE (%) | NA | -47.94 | 33.20 | 21.81 |
| ROCE (%) | NA | 6.68 | 29.98 | 6.63 |
| D/E Ratio | -11.56 | -43.57 | 0.37 | 2.48 |
| Current Ratio | 2.82 | 1.54 | 1.53 | 9.19 |
| EBITDA MARGIN (%) | 11.91 | 13.29 | 17.57 | 14.19 |
* Compiled from DRHP/RHP for valuation purposes.
Peer Comparison
Compare key financial metrics with industry peers to gain valuable insights into the company's performance compared to its competitors.
| Name | Revenue | P/E | EPS | RoNW | NAV |
|---|---|---|---|---|---|
| SAR Televenture Limited | 124.12 | 14.79 | 14.20 | 21.81 | 47.87 |
| Suyog Telematics Limited | 166.61 | 17.79 | 59.38 | 21.22 | 267.58 |
| Kore Digital Limited | 103.51 | 47.26 | 34.51 | 15.37 | 186.56 |
* Revenue in (₹cr), RoNW in (%), EPS, NAV in (₹). P/E ratio is based on the highest price from the FPO price band.
Subscription Data from NSE and BSE
| Investor Type | Subscribed |
|---|---|
| Qualified Institutional Buyer (QIB) | 8.31 |
| Non-Institutional Investor (NII/HNI) | 8.34 |
| Retail Individual Investor (RII) | 6.52 |
| Total | 7.49 |
* All figures represent multiples of the subscription. Check subscriptions for other ongoing issues here.
FPO Registrar
MUFG Intime India Private Limited (Formerly known as Link Intime India Private Limited)
Phone: + 91 810 811 4949
Email: ipo.helpdesk@linkintime.co.in
Website: https://linkintime.co.in/
Company Promoters
- M.G METALLOY PRIVATE LIMITED
Lead Managers
- PANTOMATH CAPITAL ADVISORS PRIVATE LIMITED
Company Address
SAR Televenture Limited
P. No – 346A, 2 nd Floor, Udyog Vihar, Phase-4, Gurugram-122016, Haryana, India
Phone: +91 8587050050
Email: info@sarteleventure.com
Website: www.sarteleventure.com
FAQs
- What is the issue size of the SAR Televenture SME FPO?The SAR Televenture SME FPO has an issue size of ₹ 150 crore. This includes a fresh issue of ₹ 150 crore and an offer for sale (OFS) of NIL.
- What is the price band of the SAR Televenture FPO?The price band for the SAR Televenture FPO is ₹ 200 - 210 per share.
- What are the bidding dates for the SAR Televenture FPO?The SAR Televenture FPO will open for bidding on 22 Jul 2024 and close on 24 Jul 2024.
- What is the allotment date for the SAR Televenture FPO?The allotment date for the SAR Televenture FPO is 25 Jul 2024.
- What is the listing date for the SAR Televenture FPO?The listing date for the SAR Televenture FPO is 29 Jul 2024.
- What is the SAR Televenture FPO grey market premium?The grey market premium (GMP) for the SAR Televenture FPO is currently at ₹8, with an expected listing gain of approximately 3.81%. Remember, the grey market premium is not an official indicator, but it reflects market perception and demand for the IPO shares.