SAR Televenture Ltd (NSE – SME: SARTELE), a fast-growing firm specialising in integrated telecom infrastructure services, has published a large-scale fundraise, having raised ₹208.46 crore through issuing warrants. This capital injection was backed by a multitude of investors such as marquee funds, institutional investors, and the Promoter Group of the company. The successful raise highlights the high investor confidence in the growth strategy that SAR Televenture has put in place and its key position in the creation of the next-generation digital and telecom infrastructure in India.

Structure and strategic utilisation of capital

The issue of 1,00,70,500 warrants made the total size of the fundraise ₹208.46 crore. All the warrants were issued at a price of ₹207. Various key stakeholders and organisations were also involved in the capital raise, and this is an indication of widespread support for the expansion activities by the company.

One major source of capital was the institutional and strategic investors. Madhusudan Kela Shorthand Fund, in particular, contributed approximately ₹25 crore to the overall raise through the Founder Collective Fund. Other significant participants were Choice Strategic Advisors LLP, which contributed an estimated ₹25 crore. The biggest contributor to this warrants issuance was the company itself, Promoter Group, which showed great confidence in the direction of SAR Televenture by giving almost ₹82 crore.

The rest of the capital amounting to approximately ₹68 crore was raised through other institutional investors and market players. The strategic significance of this fundraising to future activities of the company was emphasised by the assistance provided by people such as Madhusudan Kela through the Founders Collective Fund.

The total capital proceeds amounting to ₹208.46 crore will be utilised to implement in various key areas that are aimed at boosting the scale and capacity of operations of the company. The major purposes of using the recently increased capital are multi-purpose, as they are aimed at both short-term operational requirements and long-term strategic development.

One of the central priorities is enhancing the working capital to ensure a smooth scale-up of its operations and be able to handle bigger projects and remain liquid as the business grows. The CAPEX (Capital Expenditure) requirements of SAR Televenture and its subsidiaries that are necessary to expand and upgrade infrastructure assets are also planned to spend substantial funds.

The capital will be utilised to vigorously initiate the expansion strategies across the gamut of telecom infrastructure services offered by the company. This capital injection will help to increase financial flexibility to allow the company to quickly seize new opportunities in the fast-changing telecom industry.

Financial performance and core offering

SAR Televenture Limited was founded in 2019. SAR Televenture Limited is a network solutions company that is integrated, and its business is to develop the required digital and telecom infrastructure in the next generation in India. The company has an IP-I registration by the Department of Telecommunications (DoT), which permits it to provide a complete package of services. These services can be provided by installing 4G/5G towers, installing FTTH (Fiber to the Home) and OFC (Optical Fiber Cable) networks, and supplying enterprise connections and broadband services.

In addition to the basic network services, SAR Televenture also provides smart connectivity solutions by collaborating with major telecom providers and major real estate developers. These solutions include IoT, home automation, access control, CCTV and energy management. The company has set up a UAE subsidiary, which contributes to its capacity by fiber cable laying and network equipment supply, and thus enhances its growing global presence.

The financial reports of the company show that the company has a solid base on which this expansion can take place. During FY25, SAR Televenture registered ₹349.93 crore revenue under operations. This was translated into an EBITDA of ₹55.39 crore with a healthy margin of 15.83%. The PAT (Profit After Tax) of the company in the FY25 was ₹46.90 crore with a high net margin of 13.40%.

This financial momentum extended into the next period, and the company reported on H1 FY26. In the first six months of the financial year, operations revenue has been ₹241.76 crore, EBITDA is ₹45.49 crore, and the better margin is 18.82%. H1 FY26 had a PAT of ₹36.26 crore, which is equivalent to a robust PAT margin of 15.00%.

Conclusion

The effective capital raising of the ₹208.46 crore capital by the issuance of the warrants is a turning point for SAR Televenture Ltd. The company has a substantial investment base, with strong support of its strategic investors, like the Founders Collective Fund and Choice Strategic Advisors, and a large investment contribution by its own Promoter Group, to take it to the next stage of growth. The capital will directly finance the enhancement of the working capital, promote necessary CAPEX, and stimulate growth efforts in its integrated telecom infrastructure solutions.