Sar Televenture Ltd IPO |
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 |
(Rs)210.00-0.00 |
(Rs)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 |
(Rs)210.00 |
|
|