SAR Televenture IPO GMP

SAR Televenture Limited, a telecommunications solutions provider, is set to launch its SME IPO on the NSE Emerge platform. The IPO offers a total of Rs 24.25 Crores through 100% fresh issue. Investors can apply for this IPO from November 1st to November 3rd, 2023. Each share has a face value of Rs 2, and you can apply for a minimum of one lot, which consists of 2000 shares, or in multiples thereof. The price band for each share is between Rs 52 and Rs 55.

Also Read: SAR Televenture SME IPO GMP Hits 100% Premium Ahead of Listing

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SAR Televenture IPO GMP

The GMP data indicates a fluctuating but positive sentiment towards SAR Televenture’s IPO, with an expected listing price of Rs 108, representing a potential gain of 96.36%. However, it’s important to remember that GMP can be volatile and doesn’t guarantee the actual listing performance.

[Last Updated: 08-Nov-2023; 09:22] Here’s a summary of the recent GMP data for SAR Televenture IPO:

GMP DateIPO PriceGMPSub2 Sauda RateEstimated Listing Price
08-11-202355.00₹5380600₹108 (96.36%)
07-11-202355.00₹5380600₹108 (96.36%)
06-11-202355.00₹6395800₹118 (114.55%)
05-11-202355.00₹5583600₹110 (100%)
04-11-202355.00₹5583600₹110 (100%)
03-11-202355.00₹3959300₹94 (70.91%
02-11-202355.00₹2741000₹82 (49.09%)
01-11-202355.00₹2741000₹82 (49.09%)
31-10-202355.00₹2131900₹76 (38.18%)
30-10-202355.00₹2131900₹76 (38.18%)
29-10-202355.00₹23 (Up)35000₹78 (41.82%)
28-10-202355.00₹17 (Up)25800₹72 (30.91%)
27-10-202355.00₹0₹55 (0%)
26-10-202355.00₹0₹55 (0%)

SAR Televenture IPO Grey Market Premium (GMP)

The Grey Market Premium (GMP) for SAR Televenture’s SME IPO has been fluctuating in recent days, offering insights into investor sentiment. GMP is the unofficial and unregulated market where IPO shares are traded before their official listing. It indicates how the market expects the IPO to perform on the day of listing. A positive GMP suggests potential profit, while a negative GMP implies the IPO may be offered at a discount.

SAR Televenture IPO Dates

Here are the key dates associated with SAR Televenture’s SME IPO:

  • IPO Open Date: November 1, 2023
  • SME IPO Close Date: November 3, 2023
  • Basis of Allotment Finalisation Date: November 6, 2023
  • Refunds Initiation: November 7, 2023
  • Credit of Shares to Demat Account: November 7, 2023
  • IPO Listing Date: November 8, 2023

Investors should note these dates and consider them in their investment strategy.

About SAR Televenture

SAR Televenture Limited, established in 2019, is focused on providing telecommunications solutions to network operators in India. The company’s services include the installation and commissioning of 4G and 5G towers, fiber optic cable (OFC) systems, and trading network equipment. They are registered with the Department of Telecommunication (DOT) as a Category I (IP-I) infrastructure provider, allowing them to lease sites and construct and maintain facilities for lease, rental, or sale to telecommunications service licensees.

The company’s offerings also encompass project management for laying ducts and fiber, construction of basic transmission and telecommunication facilities, leasing of dark fiber, construction of fiber networks, maintenance of ducts and fiber, and turnkey fiber project services to various telecommunications network and broadband service operators and Internet service providers in Maharashtra.

One of SAR Televenture’s key strengths is its presence in high-growth telecommunications circles. It boasts an experienced and dedicated senior team across key functions, operates with an efficient business model, and has established strong relationships with its clients.

Final Thoughts

SAR Televenture’s SME IPO is generating substantial interest in the market, as indicated by the Grey Market Premium (GMP). However, it’s important to exercise caution and consider all factors before making an investment decision. GMP can be volatile, and the actual listing performance may differ from expectations.

Investors should thoroughly analyze SAR Televenture’s financials, industry prospects, and other relevant factors before deciding whether to invest in this IPO. The company’s track record and strengths in the telecommunications sector may make it an attractive investment, but risk assessment should always be a part of your investment strategy.

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