SAR Televenture Limited IPO Message Board (Page 8)

Any one join 23 Lot

Seems hni will cross 600x. Tough luck for allotment.

Applied 2 application- 49 lots leach

​@AJS Very excited to see the results.

Applied 5 10Lot apps and 1 8Lot app in this script.

Have join you for 10 lots.. 4 app

Applied 3 applications of 9 lots each, please join as per your availability.

Applied 40 lot application

Hi Folks,
Please guide can we apply Sar televanture ipo or not

apply bindaas

Dear experts,
Is hni category allotment happens in proportionate basis means if hni subscribed 100 times and I apply 1 application of 10 lots then chances are 1:10 right ?

No , hni allotment basis proportional basis also lottery on lot wise..

If subscribe 100x
Then no of application received in 10 lot* 10/100=

Suppose only 4 application of 10 lot
Then 4*10/100= 0.4
Means zero lot in 10 lot application..
If 6 application of 10 lot then 6*10/100= 0.6 then 1 lot allotted on 6 applicant via lottery..

@GrayIsTheNewBlack Ji & Other Experts
Monday Ko allotment ho sakti hai kya ? site pe to monday ko dikha raha hai

IPO Open Date      Wednesday, November 1, 2023
IPO Close Date      Friday, November 3, 2023
Basis of Allotment      Monday, November 6, 2023
Initiation of Refunds      Tuesday, November 7, 2023
Credit of Shares to Demat      Tuesday, November 7, 2023
Listing Date      Wednesday, November 8, 2023
Cut-off time for UPI mandate confirmation      5 PM on November 3, 2023

Not expert, If Registrar follow timeline, then definitely Monday ko allotment hoga.
It will list on T+3 schedule...

​@Raavi ji, RHP me clearly mentioned hai ki allotment Monday, 6th Nov ko hoga.
And trading will commence on 8th Nov, Wednesday.

I hope the Registrar sticks to the timeline provided, lots of IPOs closing on 7th.

Decent LM, MM with only 1 past issue which has been a blockbuster
Similar companies, Kore Digital and Suyog Telematics, have high PE and gave good appreciation.
The Company is engaged in installation and commissioning of 4G and 5G Towers, Optical Fibre Cable (“OFC”) Systems and dealing in network equipments.
YoY sales and profit numbers are not comparable as in 21-22 company only had tower installation business. In 22-23, company earned 20% of its revenue from tower installation, 64% of revenue from fibre cable laying and installation and 16% of revenue from trading of network equipment.
Poor cash flow, due to continued practice of giving large advances to suppliers. PBT for 39 mths ending 30-Jun-23 was Rs 6.3 cr while CFOB4T for the same period was Rs 23.5 cr (-ve). During same period advances given to suppliers was Rs 27 cr.
Based on working capital estimates, revenue from tower installation is likely to be Rs 28 cr in 23-24. For the other 2 segments, no estimates provided.
In Q1, FY24 revenue from tower installation was 9%, revenue from fibre cable laying was 68% while revenue from trading of network equipment was 23%.
Also segment wise earnings are not provided.
Gurugram based company, having statutory auditor from Ahmedabad, appointed on 29-Jul-23 with effect fro 1-Apr-23 for 5 years.
Post IPO book value likely to be Rs 37 per share and at issue price, Price to BV is attractive at 1.5.
Issue proceeds to be used to fund capex, retire debt carrying interest rate of 15% and for working capital needs.
As on 30-sep-23, company had 38 employees. As per EPFO, it deposited PF of 8 employees for Sep-23 and 4 employees for Sep-22.
No significant litigation by or against company.
On page 171 of the prospectus, company claims that significant proportion of its revenues are derived from few customers. Its top 5 customers gave revenue of Rs 2.5 cr in 22-23 out of total revenue of Rs 32.47 cr, not even 10%. So how can this be significant.
Poorly drafted prospectus, pathetic disclosures, not at all investor friendly or usefull.
In other expense, site electricity expense which was Rs 1.06 cr in 22-23 is Rs 8 lacs in Q1FY24 while miscellaneous expense which was Rs 2 lacs I 22-23 is Rs 28 lacs in Q1FY24. Business promotion expense which was Rs 40 lacs in 22-23 is Rs 1 lac only in Q1FY24.
Meaning full analysis of revenue and expense not possible due to lack of segment wise financials.
All receivables as on 30-Jun-23, Rs 7.54 cr, are less than 6 months old.
Advance to creditors of capital goods which was Rs 7 cr as on 31-Mar-23 has gone up to Rs 23.3 cr as on 30-Jun-23.
Borrowings of the company carry interest rate of 15% to 20%.
Decent anchor book with sizeable participation from Winro Commercial and India Inflection Opportunity Fund (a fund managed by LM).
Looks to be a highy subscribed issue with a block / unblock routine for most applicants

​@YBPK Pls analyse ROCK DEALS & SWASTHIK POLY.

Waiting eagerly!

Indus tower is also available cheap which is bluechip stock and with similar valuation
Any reason why indus tower can't be compared with SAR Televenture ?

It will be subscribed heavily.. allotment will be very difficult

Apply for sure here....listing will be good and allotment will be tough...

25 lot application is open ?

@lokesh how many 25 lots.. :):)

SAR TELE VENTURES, perfect company to take take delivery if listing below 30₹ premium
Current trades happening 36/37 rs buyer side

Can we expect 3 day listing? Would be beneficial in utilizing fund for other upcoming IPOs.

As per this website allotment on 6 November

Must apply ipo. All the recently listed segment companies are doing good. This one Coming at good Valuation. Hni subscription will zoom tomorrow.

Sir
One lot i have. but LC Daily .wait or sale .Plz reply

LC will be break tomorrow...

ST 40000
APPLYING FOR GAIN

Any chances for T+3 listing?

anchor ko bhi portion hai
QIB ko bhi hai
HNI ke liye toh kuch rakha hi nhi only 350 lucky people will get