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 |