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Sar Televenture Ltd

Registered Office: P.No 346 A 2nd Flr Udyog Vihar,Phase 4, Gurugram - 122016, Haryana, India.
Phone : 0124 45133283   Fax:
Email :  info@sarteleventure.com  
Website :  www.sarteleventure.com

Composite issue of Sar Televenture Limited ("Company") comprising of further public offering of up to 71,42,500 equity shares of face value of Rs. 2 each ("fpo equity shares") for cash at a price of Rs. 210 per fpo equity share (including a premium of Rs. 208 per fpo equity share) ("fpo price") aggregating up to Rs. 149.99 crores ("Further Public Offer") of which 3,57,000 fpo equity shares of face value of Rs. 2 each for cash at a price of Rs. 210/- per fpo equity share, aggregating to Rs. 7.50 crores will be reserved for subscription by the market maker to the offer (the "Market maker reservation portion") and an offer of up to 1,50,00,000 fully paid-up equity shares of face value Rs. 2 each ("Rights Equity Shares") of the company for cash at a price of Rs. 200 per rights equity share (including a premium of Rs. 198 per rights equity share) aggregating up to Rs. 300.00 crores on a rights basis to the existing equity shareholders of the company ("Rights Issue") in the ratio of 1 rights equity shares for every 1 equity share held by the existing equity shareholders on the record date that is july 09, 2024. Together the further public offer and the rights issue is the "Offer". The further public offer less market maker reservation portion i.e. offer of 67,85,500 equity shares of face value of Rs. 2 each, at an issue price of Rs. 210 per equity share for cash, aggregating up to Rs. 142.50 crores is hereinafter referred to as the "Net Offer". The offer and net offer will constitute 19.23 % and 18.27 % respectively of the post- issue paid-up equity share capital of the company.

Issue Money Payable On
Opens on Closes On Application Allotment
22-Jul-24 24-Jul-24 210.00-0.00 0.00-0.00
Minimum Application for shares in Nos : 500   Further Multiples of : 500
  Rs(Cr.) Lead Managers to the Issue
Project Cost 0.00 Pantomath Capital Advisors Pvt Ltd
Project Financed through Current Offer 149.99  
Post Issue Equity Share Capital 4.43  
Issue Price 210.00  

Project

  • Funding setting up of Fiber to the Home (FTTH) network solutions for 300000 Homes passed
  • Funding setting up of a additional 1000 number of 4G/5G telecom towers
  • Funding incremental working capital requirements of the company
  • General corporate purposes

Promoted By

M G Metalloy Pvt Ltd

Listing At

NSE - SME

Registrar to the Issue

MUFG Intime India Pvt Ltd

Attention Investor:

1) "KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (Broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."         2) For Stock Broking Transaction "Prevent unauthorised transactions in your account Update your mobile numbers / email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile / email at the end of the day .... Issued in the interest of Investors."         3) For Depository Transaction "Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from NSDL on the same day....Issued in the interest of investors."         4) No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.