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Sar Televenture Ltd
Registered Office:
P.No 346 A 2nd Flr Udyog Vihar,Phase 4, Gurugram - 122016, Haryana, India.
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
Opens On Closes On
22-Jul-24 24-Jul-24
Money Payable On
Application Allotment
210.00 0.00
Minimum Application for shares in Nos : 500  Further Multiples of : 500
()(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  
Projects
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