| Sar Televenture Ltd |
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| Composite issue of Sar Televenture Limited ("Company") comprising of further public offering of up to [*] equity shares of face value of (Rs)2 each ("fpo equity shares") for cash at a price* of (Rs)[*] per fpo equity share (including a premium of (Rs)[*] per fpo equity share) ("fpo price") aggregating up to (Rs)150.00 crores ("Further Public Offer") of which [*] fpo equity shares of face value of (Rs)2 each for cash at a price of
(Rs)[*]/- per fpo equity share, aggregating to (Rs)[*] 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 [*] equity shares of face value of (Rs)2 each, at an issue price of (Rs)[*] per equity share for cash, aggregating up to (Rs)[*] crores is hereinafter referred to as the "Net Offer". The offer and net offer will constitute [*] % and [*] % respectively of the post- issue paid-up equity share capital of the company.
*Subject to finalisation of the basis of allotment
Price Band: (Rs)200 to (Rs)210 per equity share of face value of (Rs)10/- each and the fpo price is 100 to 105 times of the face value at the lower price band and the upper price band respectively.
Bid can be made for minimum of 500 equity shares and the multiples of 500 equity shares thereafter.
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| Issue |
Money Payable On |
| Opens On |
Closes On |
Offer Price |
Application Money |
Allotment Money |
| 22-Jul-24 |
24-Jul-24 |
(₹ )200.00-210.00 |
(₹ )200.00-210.00 |
(₹ )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 |
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| Project Financed through Current Offer |
150.00 |
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| Post Issue Equity Share Capital |
0.00 |
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| Face Value |
2 |
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