Radiowalla Network
Radiowalla Network Info
Details about the Radiowalla Network IPO. Opening Date of Radiowalla Network is 27 Mar 24 and Closing Date is 02 Apr 24 . Face Value of Each share of Radiowalla Network is ₹10 per share. Price band of Radiowalla Network is ₹72 to ₹76. The Lot size of Radiowalla Network is 1,600 shares. Total issue size of Radiowalla Network IPO is ₹14.25 cr. Fresh Issue of Radiowalla Network IPO is 14.25 cr. This is a Book Building IPO. Expected to list on NSE SME. Share Holding Pre Issue of Radiowalla Network is 5,173,036. Share Holding Post Issue of Radiowalla Network is 7,048,236.
Business Summary
Radiowalla Network is incorporated in July 2010.
Radiowalla Network is into the business of Customer engagement services which includes in-store radio services (exclusive radio channel for a brand) on subscription model basis, corporate radio (private radio channels for employee engagement in organisation) and advertisement services which includes digital signage solution, content management services and point of purchase advertising to the clients.
Company exclusively cater to the business-to-business (B2B) sector.
Radiowalla Network IPO Details
| Open Date | 27 Mar 24 |
|---|---|
| Close Date | 02 Apr 24 |
| Face Value | ₹10 per shares |
| Price Band | ₹72 - ₹76 |
| Lot Size | 1,600 Shares |
| Total issue Size | 1,875,200 Shares ₹14.25 cr |
| Fresh Issue | 1,875,200 Shares ₹14.25 cr |
| Issue Type | Book Building |
| Listing At | NSE SME |
| Share Holding Pre Issue | 5,173,036 |
| Share Holding Post Issue | 7,048,236 |
| Market Maker | Ss Corporate Securities |
| Market Maker Portion | 112,000 Shares |
| RHP , DHRP | View RHP, View DRHP |
Radiowalla Network IPO Timeline
The Radiowalla Network Initial Public Offering (IPO) is set to open on 27 Mar 24 and will end its subscription phase on 02 Apr 24. You can check your allotment status for Radiowalla Network on 03 Apr 24. The refund process for your funds will start promptly on 04 Apr 24. Radiowalla Network IPO credit of shares will be on 04 Apr 24. The listing date for Radiowalla Network is on 05 Apr 24.
Open Date
Close Date
Basis Of Allotment
Initialization of Refund
Credit of Share
Listing Date
Radiowalla Network IPO Reservation
The Radiowalla Network IPO reserves shares for different investor categories. Approximately Not more than 50% of the Net Issue will be available for QIB, Not Less than 15% of the Net Issue will be available for NII, Not Less than 35% of the Net Issue will be available for Retail,
112,000 Shares will be reserved for subscription by Ss Corporate Securities
| Investor Category | Shares Offered |
|---|---|
| QIB | Not more than 50% of the Net Issue |
| NII | Not Less than 15% of the Net Issue |
| Retail | Not Less than 35% of the Net Issue |
Radiowalla Network IPO Lot Size
Bids can be made for minimum of 1600 shares and in multiple of 1600 equity shares thereafter
| Application | Lot | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1,600 | 121,600 |
| Retail (Max) | 1 | 1,600 | 121,600 |
| HNI (Min) | 2 | 3,200 | 243,200 |
Radiowalla Network IPO Promoters Holding
Promoters holding details for Radiowalla Network in the current issue is as follows: The share holding of promoters before the issue stands at 55.8%, and after the issue, it has been adjusted to 40.95%.
Promoters of Radiowalla Network are Anil Srivatsa, Gurneet Kaur Bhatia, Harvinderjit Singh Bhatia,
| Share Holding Pre Issue | 55.8% |
|---|---|
| Share Holding Post Issue | 40.95% |
Radiowalla Network Financial Information
Financial performance details for Radiowalla Network over the years are as follows: The table below presents key financial indicators, including Assets, Revenue, and Profit After Tax (PAT).
| Period | 31 Oct 23 | 31 Mar 23 | 31 Mar 22 | 31 Mar 21 |
|---|---|---|---|---|
| Assets | 883.29 | 813.53 | 527.53 | 530.81 |
| Revenue | 871.99 | 1,402.89 | 1,050.12 | 589.54 |
| Profit After Tax | 113.99 | 102.18 | 47.01 | 10.18 |
Radiowalla Network IPO Key Performance Indicator
Key Performance Indicators (KPIs) for Radiowalla Network are outlined below. Monitoring these KPIs provides insights into the company's operational and strategic performance. The table presents various performance indicators along with their corresponding values.
| KPI | Value |
|---|---|
| P/E (x) | 38.48 |
| ROCE | 21.28% |
| ROE | 20.62% |
| RoNW | 20.62% |
| EPS (Rs) | 1.98 |
Object of the Issue
- • To meet out the expenses for Investment in Technology
- • To meet out the Capital Expenditure for the Company
- • To meet out the Working Capital requirements of the Company
- • To meet out the General Corporate Purposes
- • To meet out the Issue Expenses
Contact Details for Radiowalla Network
Phone
Office
16A, Basement Floor, Maratha Bhavan, Millers Tank Bund Road, Vasanthnagar, Bangalore-560052.
Registrar Details for Radiowalla Network
Maashitla Securities Private Limited
Phone
Office
451, Krishna Apra Business Square, Netaji Subhash Place, Pitampura, Delhi - 110034, India
Lead Manager
- • Narnolia Financial Services Ltd