SAR Televenture FPO vs V.L.Infraprojects IPO

Comparision between SAR Televenture FPO and V.L.Infraprojects IPO.

IPO Details

SAR Televenture FPO is a SME Book Built Issue IPO proposed to list at NSE SME while V.L.Infraprojects IPO is a SME Book Built Issue proposed to list at NSE SME.

	SAR Televenture FPO	V.L.Infraprojects IPO
Logo
Issue Category	SME	SME
Issue Type	FPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	NSE SME	NSE SME
Lead Managers	Pantomath Capital Advisors Pvt Ltd	Beeline Capital Advisors Pvt Ltd
Registrar	Link Intime India Private Ltd	Skyline Financial Services Private Ltd
Market Maker	Asit C.Mehta Investment Interrmediates Ltd.	Spread X Securities Private Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of SAR Televenture FPO is up to ₹150.00 Cr whereas the issue size of the V.L.Infraprojects IPO is up to ₹18.52 Cr. The final issue price of SAR Televenture FPO is ₹210.00 per share and of V.L.Infraprojects IPO is ₹42.00 per share.

	SAR Televenture FPO	V.L.Infraprojects IPO
Face Value	₹2 per share	₹10 per share
Issue Price (Lower)	₹200.00 per share	₹39.00 per share
Issue Price (Upper)	₹210.00 per share	₹42.00 per share
Issue Price (Final)	₹210.00 per share	₹42.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	500 shares	3000 shares
Fresh Issue Size	71,42,857 shares	44,10,000 shares
Fresh Issue Size (Amount)	up to ₹150.00 Cr	up to ₹18.52 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	71,42,857 shares	44,10,000 shares
Issue Size Total (Amount)	up to ₹150.00 Cr	up to ₹18.52 Cr

IPO Timetable

SAR Televenture FPO opens on Jul 22, 2024, while V.L.Infraprojects IPO opens on Jul 23, 2024. The closing date of SAR Televenture FPO and V.L.Infraprojects IPO is Jul 24, 2024, and Jul 25, 2024, respectively.

	SAR Televenture FPO	V.L.Infraprojects IPO
Anchor Bid Date	Jul 19, 2024	Jul 22, 2024
Issue Open	Jul 22, 2024	Jul 23, 2024
Issue Close	Jul 24, 2024	Jul 25, 2024
Basis Of Allotment (Tentative)	Jul 25, 2024	Jul 26, 2024
Initiation of Refunds (Tentative)	Jul 26, 2024	Jul 29, 2024
Credit of Share (Tentative)	Jul 26, 2024	Jul 29, 2024
Listing date (Tentative)	Jul 29, 2024	Jul 30, 2024
Anchor Lockin End date 1	Aug 24, 2024	Aug 25, 2024
Anchor Lockin End date 2	Oct 23, 2024	Oct 24, 2024

Financials

SAR Televenture FPO P/E ratio is 14.79, as compared to V.L.Infraprojects IPO P/E ratio of 7.73.

SAR Televenture FPO

V.L.Infraprojects IPO

Financial

SAR Televenture Limited Financial Information (Restated Consolidated)

SAR Televenture Limited 's revenue increased by 281.87% and profit after tax (PAT) rose by 297.92% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	26,641.86	2,422.42	410.83
Revenue	12,416.97	3,251.63	475.35
Profit After Tax	1,566.17	393.59	3.71
Net Worth	7,180.41	1,185.59	-7.74
Reserves and Surplus	6,880.41	1,120.30	-11.91
Total Borrowing	17,787.41	444.41	337.09
Amount in ₹ Lakhs

V.L.Infraprojects Limited Financial Information (Restated)

V.L.Infraprojects Limited's revenue increased by 149.72% and profit after tax (PAT) rose by 175.76% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	5,691.39	2,836.24	1,955.40	1,641.29
Revenue	11,400.05	4,565.14	3,560.70	3,077.57
Profit After Tax	614.01	222.66	110.58	83.37
Net Worth	1,636.01	1,022.00	730.84	620.26
Reserves and Surplus	505.76	268.50	456.84	346.26
Total Borrowing	1,654.81	999.02	1,003.52	659.41
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

66.27%

90.91%

Promoter Shareholding (Post-Issue)

65.39%

P/E Ratio

14.79

7.73

Market Cap

₹65.99 Cr.

ROE

21.81%%

46.20%%

ROCE

6.63%%

39.09%%

Debt/Equity

2.48

EPS

₹5.43

RoNW

21.81%%

37.53%%

Shares Offered

In the SAR Televenture FPO retail investors (RII) are offered 24,93,750 shares while in V.L.Infraprojects IPO retail investors are offered 24,93,750 shares. Qualified institutional buyers (QIB) are offered 14,25,225 shares in SAR Televenture FPO and 8,34,000 shares in V.L.Infraprojects IPO.

	SAR Televenture FPO	V.L.Infraprojects IPO
Anchor Investor Reserveration	20,35,500 shares	12,48,000 shares
Market Maker Reserveration		2,40,000 shares
QIB	14,25,225 shares	8,34,000 shares
NII	14,43,750 shares	6,27,000 shares
RII	24,93,750 shares	14,61,000 shares
Employee	0 shares	0 shares
Others
Total	53,62,725 shares	29,22,000 shares

Bids Received (Subscription)

SAR Televenture FPO subscribed 7.49x in total, whereas V.L.Infraprojects IPO subscribed 636.17x.

	SAR Televenture FPO	V.L.Infraprojects IPO
QIB (times)	8.31x	203.73x
NII (times)	8.34x	726.56x
Big NII (times)
Small NII (times)
RII (times)	6.52x	844.22x
Employee (times)
Other (times)
Total (times)	7.49x	636.17x

Compare with others

SAR Televenture FPO	V.L.Infraprojects IPO
VVIP Infratech IPO	Aprameya Engineering IPO
V.L.Infraprojects IPO	Manglam Infra And Engineering IPO
RNFI Services IPO	Chetana Education IPO
Macobs Technologies IPO	Clinitech Laboratory IPO
Kataria Industries IPO	VVIP Infratech IPO
Tunwal E-Motors IPO	RNFI Services IPO
Three M Paper Boards IPO	Macobs Technologies IPO
Prizor Viztech IPO	Kataria Industries IPO
Sati Poly Plast IPO	SAR Televenture FPO
Sahaj Solar IPO	Tunwal E-Motors IPO

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