SME SAR Televenture secures Rs 208 cr funding from Madhusudan Kela and others through innovative warrant issue

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SAR Televenture, a small and medium enterprise (SME) specializing in integrated telecom infrastructure solutions, has successfully raised Rs 208.46 crore by issuing over 1 crore warrants to various investors, including the Madhusudan Kela-backed Founder Collective Fund and Choice Strategic Advisors. The warrants were priced at Rs 207 each, with both Kela’s fund and Choice acquiring Rs 25 crore worth of warrants. The promoter group received warrants valued at Rs 82 crore, while the remaining Rs 68 crore was allocated to other investors.

The company plans to utilize the funds to enhance its working capital, support capital expenditure for itself and its subsidiaries, and drive expansion initiatives within the telecom infrastructure sector. The management believes that this fundraising will significantly bolster the company’s capacity to execute large-scale telecom projects and improve its financial flexibility to seize emerging opportunities.

Established in 2019, SAR Televenture provides a range of services including 4G/5G tower deployment, fiber-to-the-home (FTTH) and optical fiber cable (OFC) networks, enterprise connectivity, and broadband solutions. The company also offers smart connectivity solutions such as IoT systems and home automation. Its subsidiary in the UAE enhances its capabilities in fiber cable laying and network equipment supply.

Despite facing challenges with a 23% decline in share price over the past year, SAR Televenture’s stock has rebounded recently, delivering a 36% return over the last three months. The company’s financial performance for FY25 included revenues of Rs 349.93 crore and an EBITDA margin of 15.83%, with a net profit of Rs 46.90 crore. Managing Director Rahul Sahdev expressed gratitude for the strong support from investors, emphasizing that the capital infusion positions SAR Televenture for sustained growth and long-term value creation.