Objective of the Issue

IPO Details, Price, Market Lot

FPO Details
IPO Open Date 22 July 2024
IPO Close Date 24 July 2024
IPO Issue Size 71,42,857 shares (aggregating up to ₹150.00 Cr)
Fresh Issue 71,42,857 shares (aggregating up to ₹150.00 Cr)
Offer for Sale NIL
Retail Portion Not less than 35.00% of the net offer
NII Portion Not less than 15.00% of the net offer
QIB Portion Not more than 50.00% of the net offer
Listing At NSE SME
FPO Price
Face Value ₹2 Per share
IPO Price Band ₹200 to ₹210 per share
Employee Discount
FPO Issue Type Book Built Issue
IPO Market Lot For Retail Investor
No. of Shares Per Lot 500 shares
Minimum Lot Size 1 Lot (500 shares)
Minimum Amount (Cut-off price) ₹1,05,000
Maximum Lot Size 1 Lot (500 shares)
Maximum Amount (Cut-off price) ₹1,05,000
IPO Market Lot For HNI
No. of Shares Per Lot 500 shares
Minimum Lot Size 2 Lots (1000 shares)
Minimum Amount (Cut-off price) ₹2,10,000

IPO Date, Listing Date, Allotment Date

Time Table (Tentative)
IPO Open Date 22 July 2024
IPO Close Date 24 July 2024
Basis of Allotment Date 25 July 2024
Initiation of Refunds 26 July 2024
Credit of Share to Demat Account 26 July 2024
IPO Listing Date 29 July 2024

Financial Report

Period Ended Assets
(₹ in Lakh)
Revenue
(₹ in Lakh)
P A T
(₹ in Lakh)
Net Worth
(₹ in Lakh)
Borrowings
(₹ in Lakh)
31 March 2024 26,641.86 12,416.97 1,566.17 7,180.41 17,787.41
31 March 2023 2,422.42 3,251.63 393.59 1,185.59 444.41
31 March 2022 410.83 475.35 3.71 -7.74 337.09
Period Ended 31 March 2024 31 March 2023 31 March 2023
Assets 26,641.86 2,422.42 410.83
Revenue 12,416.97 3,251.63 475.35
P A T 1,566.17 393.59 3.71
Net Worth 7,180.41 1,185.59 -7.74
Borrowings 17,787.41 444.41 337.09
Amount in ₹ Lakh

Company Promotor & Promotor’s Holding

Pre Issue Promotor Holding 66.27%
Post Issue Promotor Holding  

Company Address

REGISTERED OFFICE: P. No – 346A, 2nd Floor, Udyog Vihar, Phase-4, Gurugram- 122016, Haryana, India

CORPORATE OFFICE: B-16, First Floor, Sector-2, Noida, 201301 Uttar Pradesh, Indi

Email: info@sarteleventure.com 

Phone: +918587050050

Website: www.sarteleventure.com

IPO Registrar, Lead Manager, Prospectus

IPO Prospectus
IPO Registrar
LINK INTIME INDIA PRIVATE LIMITED
IPO Lead Manager
PANTOMATH CAPITAL ADVISORS PRIVATE LIMITED

FAQ