Sar Televenture Ltd IPO

Clientele base of three telecom service providers as a part of its portfolio.

Growing its constant presence in telecommunications sector with high growth potential.

Growth of business across jurisdictions.

Experienced and dedicated senior team across key functions.

As there are very limited players in the telecom service provider industry, the company depends on a limited number of customers for tower installation business. Loss of any customer due to any adverse development or significant reduction in business from its major customer may adversely affect its business, financial condition, results of operations and prospects.

The company has a limited operating history and may be subject to risks inherent in early-stage companies, which may make it difficult to evaluate its business and prospects. The company has incurred losses in the first two fiscal years since its inception. The company expect its operating expense to increase in the foreseeable future, and there is a possibility that its may not achieve profitability.

The Company is heavily dependent on factors affecting the growth of the business of wirelesstelecommunications and FTTH service.

The company derives majority portion of its revenue from operations from subsidiary. Loss of any of its subsidiary could adversely affect the companys business, results of operations and financial condition.

Any inability to protect the Companys possession to the land on which the Companys towers are located may adversely affect its business and operating results.

The Company has availed of an unsecured loan from its Corporate Promoter. Any demand for the repayment of such unsecured loan, may adversely affect its cash flow and financial condition.

Tower sharing market is very new and niche in Indian telecom industry. Entering the market and achieving scalability may be difficult and could disrupt its business and affect the company financial condition.

Failures to execute expansion success fully and effectively in its lines of business could disrupt its business and affect the companys financial condition.

The Company had negative cash flow during certain fiscal years; details of which are given below. Sustained negative cash flow could adversely impact its business, financial condition, and results of operations.

The current geographic concentration of its operations creates an exposure to local economies, regional downturns and severe weather or other catastrophic occurrences.