Radiowalla Network Limited

Radiowalla Network Limited

SMEClosed

₹1,21,600(1,600 Shares)

Minimum Investment

IPO Dates

Mar 27, 2024 – Apr 2, 2024

Price Band

₹72–76 per equity share

Lot Size

1600

Listing

Apr 5, 2024

Listing At

NSE SME

Mar 27, 2024Open DateCompleted
Apr 2, 2024Close DateCompleted
TBAAllotment DateUpcoming
Apr 5, 2024Listing DateCompleted

Radiowalla Network Limited Live Subscription Details

All IPOs
Retail353.91x
QIB / NII0.00x

Overall Subscription

Total Bids Received

307.59x

Radiowalla Network Limited IPO Issue Details

Issue Price
₹72-76 Per Equity Share
Face Value
₹10 Per Equity Share
Fresh Share
18,75,200 shares(aggregating up to ₹14.25 crore)
Listing At
NSE SME
Listing Date
Apr 5, 2024
Registrar
Maashitla Securities Private Limited

Reservation Details

NII14.16%

Shares Offered

2,65,600

QIB18.86%

Shares Offered

3,53,600

Anchor28.07%

Shares Offered

5,26,400

Market Maker5.97%

Shares Offered

1,12,000

Company Information

Radiowalla Network Limited was incorporated in July 2010. The company offers in-store radio services on a subscription model, which includes a private radio channel for a brand. The company also provi...

Valuations

EPS (Pre-IPO)

1.98

EPS (Post-IPO)

2.77

P/E (Pre-IPO)

38.48

P/E (Post-IPO)

27.41

RoNW

20.62%

P/B Value

0.65

Objectives of the Issue

  1. 1To meet out the expenses for Investment in Technology
  2. 2To meet out the Capital Expenditure for the Company
  3. 3To meet out the Working Capital requirements of the Company
  4. 4To meet out the General Corporate Purposes
  5. 5To meet out the Issue Expenses.

Radiowalla Network Limited – Promoter(s)

Mr. Anil Srivatsa
Ms. Gurneet Kaur Bhatia
Mr. Harvinderjit Singh Bhatia

Contact Details

Corporate Office

16A, Basement Floor, Maratha Bhavan, Millers Tank Bund Road, Vasanthnagar, Bangalore-560052

+91 8044999917

compliance@radiowalla.in

Visit Website

Radiowalla Network Limited Allotment & Registrar Details

Check Allotment

Maashitla Securities Private Limited

+91-11-45121795-96

Investor.ipo@maashitla.com

Visit Registrar Website

Radiowalla Network Limited IPO Documents

Frequently Asked Questions — Radiowalla Network Limited IPO

The Radiowalla Network Limited IPO price band is set at ₹72.00 to ₹76.00 per equity share.

The lot size for Radiowalla Network Limited IPO is 1600 shares per lot. The minimum investment amount is approximately ₹1,21,600.

The Radiowalla Network Limited IPO opens on Mar 27, 2024 and closes on Apr 2, 2024.

Radiowalla Network Limited IPO is expected to be listed on Apr 5, 2024 on NSE SME.

The registrar for Radiowalla Network Limited IPO is Maashitla Securities Private Limited. You can contact them at Investor.ipo@maashitla.com.

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