SAR Televenture raises ₹450 cr in largest-ever public offer on SME platform
The composite public issue of ₹450 cr was a combination of the highest-ever rights issue of ₹300 cr and the second-largest FPO of ₹150 cr in the SME space.
The composite public issue of ₹450 cr was a combination of the highest-ever rights issue of ₹300 cr and the second-largest FPO of ₹150 cr in the SME space.
The stock listed at ₹171 on the BSE, a premium of 90% against the IPO price of ₹90 on the BSE.
The IPO received an overwhelming response from retail and non-institutional investors as quota reserved for them were booked 169.94 times and .94 times, respectively.
The homegrown integrated advertising agency aims to raise ₹41.80 crore at the upper end of the IPO price band of ₹62 to ₹65.