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IPO Snapshot    
Radiowalla Network Ltd.
Issue Open Date 27-Mar-24  
Issue Closing Date 02-Apr-24  
Application Money 100  
Allotment Money  
Price Band 72 - 76  
Minimium Application No. 1600  
Issue Size (Shares) 1875200  
Market Lot 1.00  
Objective
1. To meet out the expenses for Investment in Technology2. To meet out the Capital Expenditure for the Company3. To meet out the Working Capital requirements of the Company4. To meet out the General Corporate Purposes; and5. To meet out the Issue Expenses.
Category No. of Shares No. of Shares Subscription Ratio
  Offered / Reserved Bid For  
Non-Institutional Investors     130750400   NA  
Qualified Institutional Buyers     31102400   NA  
Retail Individual Investors     218620800   NA  
Business Description
Our Company 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 adve
more...
Promoter's Holding
Total Share Capital   2886477  
Offered to Public   1875200  
Promoter's Holding (Pre-Issue)   55.8  
Promoter's Holding (Post-Issue)   40.95  
Address
603
Sudhama Niwas
16th Road
Khar (W)
Mumbai ,
Maharashtra ,
400052
Phone: 8044999917
Email: compliance@radiowalla.in
Website: www.radiowalla.in
Registrar
Maashitla Securities Pvt Ltd.
451
Krishna Apra Business
Square
Netaji Subhash Place

Pitampura
New Delhi
Listed at
NSE
Lead Manager
Narnolia Financial Services Ltd.
Promoters
Anil Srivatsa
Gurneet Kaur Bhatia
Harvinderjit Singh Bhatia
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  • 9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
  • On an average, loss makers registered net trading loss close to ₹ 50,000.
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