Radiowalla Network Limited IPO
₹72 - ₹76
1600
307.54
| Open Date: | 27-Mar-2024 |
| Close Date: | 02-Apr-2024 |
| Allotment Date: | 03-Apr-2024 |
| Listing Date: | 05-Apr-2024 |
| Listing Price: | N/A |
| Face Value: | ₹10 Per Equity Share |
| Issue Price: | ₹72-76 Per Equity Share |
| Issue Size: | Total Issue Size 1,875,200 shares (aggregating up to ₹14.25 Cr) : Fresh Issue 1,875,200 shares (aggregating up to ₹14.25 Cr) |
| Market Lot (Min Amount): | Retail - ₹121,600 : HNI - ₹243,200 |
As on | QIB | Nll | Rll | Total |
|---|---|---|---|---|
| Shares Offered/Reserved | 353,600 | 265,600 | 617,600 | 1,236,800 |
| Day 1 - 27-03-24 05:00 PM | 1.02x | 3.78x | 11.56x | 6.88x |
| Day 2 - 28-03-24 05:00 PM | 1.07x | 7.46x | 27.54x | 15.66x |
| Day 3 - 01-04-24 05:00 PM | 1.09x | 28.64x | 71.62x | 42.23x |
| Day 4 - 02-04-24 05:00 PM | 87.96x | 491.86x | 353.98x | 307.54x |
| Total No. of Application: | 136,637 (Approx.) | |||
| Retail Subscription on the basis of Apps: | 353.98x | |||
| Earning Per Share(EPS) | ₹1.98/- |
| P/E Ratio | 38.48 |
| RoNW | 20.62% |
| Net Asset Value (NAV) - Post Issue: | ₹95.93/- |
| Total Assets | Total Revenue | Profit After Tax | |
|---|---|---|---|
| 31 Oct,2023 | 883.29 | 871.99 | 113.99 |
| 31 Mar,2023 | 813.53 | 1,402.89 | 102.18 |
| 31 Mar,2022 | 527.53 | 1,050.12 | 47.01 |
| 31 Mar,2021 | 530.81 | 589.54 | 10.18 |
| Pre Issue Share Holding | 55.80% |
| Post Issue Share Holding | 40.95% |
| 1. Mr. Anil Srivatsa |
| 2. Ms. Gurneet Kaur Bhatia |
| 3. Mr. Harvinderjit Singh Bhatia |
The objects of the Issue are: -
- 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; and
- To meet out the Issue Expenses.
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.
No financial information whatsoever published anywhere, within this application, should be considered as an advise to buy or sell securities or invest in IPOs, or as guide to do so in any way whatsoever. All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions.
Also we are not a SEBi registered analyst comapny. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on information published on this application. Above information is based on information available as on date coupled with market perceptions.
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