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Radiowalla Network Ltd IPO

NSE SME Bookbuilding IPO Fresh Capital Closed
GMP +₹0 +0% Est. Listing ₹76
Issue Price
₹76
Face ₹10
GMP
+₹0
+0% premium
Est. Listing
₹76
GMP based
Lot Size
1,600
shares / lot
Min Amount
₹121,600
1 lot · 1,600 shares
Opens
TBA
Closed
Allotment
Important Dates
1/1 completed
Open
Close
Allotment
Refund
Demat
Listing
TBA
Open Date
TBA
TBA
TBA
Close Date
TBA
TBA
TBA
Allotment
TBA
TBA
TBA
Refund
TBA
TBA
TBA
Demat Credit
TBA
TBA
Done
Listing Date
05 Apr 2024
Fri Completed
Issue Details
Pricing & Size
Issue Price
₹76 Face ₹10
Lot Size
1,600 shares
Min Investment
₹121,600
Total Issue Size
18,75,200 shares (aggregating up to ₹14.25 Cr)
IPO Information
Issue Type
Bookbuilding IPO
Sale Type
Fresh Capital
Listing Exchange
NSE SME
Script / Ticker
-
Allocation Breakdown
Market Maker
1,12,000 (5.97%)
QIB Portion
8,80,000 (46.93%)
NII / HNI
2,65,600 (14.16%)
Retail
6,17,600 (32.94%)
Employee
-
Net Offer to Public
17,63,200 shares (aggregating up to ₹13.40 Cr)
Shareholding Pattern
Pre-Issue Shareholding
51,73,036 shares
Post-Issue Shareholding
70,48,236 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 1,600 ₹1,21,600
HNI / NII 2 3,200 ₹2,43,200
Objects of Issue
5 objectives
1
To meet out the expenses for Investment in Technology
2
To meet out the Capital Expenditure for the Company
3
To meet out the Working Capital requirements of the Company
4
To meet out the General Corporate Purposes; and
5
To meet out the Issue Expenses.
Lead Managers & Market Maker
Book Running Lead Managers
Narnolia Financial Services Ltd
Market Maker
SS Corporate Securities Ltd.
Prabhat Financial Services Ltd.
IPO Timeline
Open
TBA
Close
TBA
Allotment
TBA
Listing
05 Apr
✓ Done
Registrar Details
Maashitla Securities Pvt.Ltd
SEBI Registered Registrar & Transfer Agent
Phone
+91-11-45121795-96
Email
investor.ipo@maashitla.com
Company Contact
Email
compliance@radiowalla.in
Phone
+91 8044999917
Address
16A, Basement Floor, Maratha Bhavan, Millers Tank Bund Road, Vasanthnagar, Bangalore- Bangalore Urban, Karnataka, 560052
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹76
Est. Listing
₹76
Lot Size
1,600 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
GMP Updates
No GMP updates recorded yet. Every time the GMP changes, the date and time are saved here automatically.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
QIB — 8,80,000 (46.93%) — —
NII / HNI (Total) — 2,65,600 (14.16%) — —
Retail Investors — 6,17,600 (32.94%) — —
Market Maker * 1× 1,12,000 (5.97%) 1,12,000 (5.97%) ₹8.51 Cr
Total ** — 18,75,200 (100.00%) — —
* Based on ₹76.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
QIB
8,80,000 (46.93%)
NII
2,65,600 (14.16%)
Retail
6,17,600 (32.94%)
Market Maker
1,12,000 (5.97%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Day-wise Subscription
Day-wise subscription (Day 1, Day 2 ...) will appear here once the IPO is open and bidding numbers are recorded.
Financial Summary
Amount in ₹ Lakhs
Metric31 Oct 202331 Mar 202331 Mar 2022
Revenue871.991402.891050.12
PAT113.99102.1847.01
EBITDA———
Net Worth552.75335.0836.37
Total Assets883.29813.53527.53
Reserves576.16362.0958.25
Borrowings52.0578.7469.64
Key Financial Ratios
20.62
ROE
Return on Equity
21.28
ROCE
Return on Capital Employed
20.62
RONW
Return on Net Worth
0.09
D/E Ratio
Debt to Equity
0.65
P/BV
Price to Book Value
1.98
Pre EPS
EPS Pre-Issue
2.77
Post EPS
EPS Post-Issue
38.48
Pre P/E
P/E Pre-Issue
27.41
Post P/E
P/E Post-Issue
About Radiowalla Network Ltd

Incorporated in July 2010, Radiowalla Network Limited provides in-store radio services on a subscription model basis, which includes an exclusive radio channel for a brand. The company also offer corporate radio services, which provide private radio channels for employee engagement within an organisation. Additionally, the company provides advertisement services such as digital signage solution, content management services, and point of purchase advertising to our clients. Our services are exclusively catered to the business-to-business (B2B) sector.

The company provides services directly to other businesses under a Business-to-Business (B2B) model. They have expanded their business into two verticals.

1. Radio Engagement Solutions and Subscription services

2. Advertisement Solutions.

The company offers its services in countries such as UAE, Mexico, Sri Lanka and the Middle East as well.

The revenue of the company has increased from Rs. 585.05 Lakhs in the FY 2021 to Rs. 1049.91 Lakhs in FY 2022.

As of October 31, 2023, the company has 54 permanent employees.

Frequently Asked Questions
What is the issue price of Radiowalla Network Ltd IPO?
The issue price of Radiowalla Network Ltd IPO is ₹76 per share, face value ₹10.
What is the lot size?
Minimum lot size is 1,600 shares, requiring ₹121,600.
What are the IPO dates?
Dates not announced yet.
When is the listing date?
Tentative listing: 05 Apr 2024 on NSE SME.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹76 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Radiowalla Network Ltd IPO

Check on Registrar
Post-IPO Timeline
Listing Date
05 Apr 2024
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹76
Face ₹10
Lot Size
1,600
shares / lot
Min Amount
₹121,600
1 lot
Est. Listing
₹76
GMP +₹0
Key Dates
Listing
05 Apr Done
Registrar
Maashitla Securities Pvt.Ltd
A
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