ISSUE OPEN
Radiowalla Network Ltd.
Min Investment
₹121600
Subscribed Times
256x
Issues size
₹14 Crores
Price Range
₹72 - ₹76
Open on
27 Mar'24
Close on
02 Apr'24

Application Details

Lot Size
1600
Issue Size
₹14 Crores
Issue Type
Book Building

IPO Timeline

27
Mar'24
Issue Open
02
Apr'24
Issue Close
03
Apr'24
Finalization of Basis of Allotment
04
Apr'24
Initiation of refund
04
Apr'24
Transfer of shares to Demat Account
05
Apr'24
Listing Date

Shares Offered

Qualified Inst. Buyers
50.00
Non Inst. Buyers
15.00
Retails Ind. Buyers
35.00

Subscription Status 

(as of 02 Apr 2024)
Overall Status256.32x
Qualified Inst. Buyers
81.13x
Non Inst. Buyers
316.51x
Retails Ind. Buyers
319.81x

Objects of the offer

1. Investment in Technology
2. Capital Expenditure
3. Working Capital Requirement
4. General Corporate Purposes
5. Issue Expenses

Company’s Financials

Mar 2021
Mar 2022
Mar 2023
Equity Capital
Reserves and Surplus
Total Debt
Gross Block
Net Sales
PBIDT
PAT
Dividend
EPS
Book Value

Peer Comparison

Scrip NameRevenue(cr)Net Profit(cr)EPSCurrrent Ratio
Network18 Media & Investments Ltd.9297.45-253.75-2.42-37.45
TV18 Broadcast Ltd.8975.97-48.61-0.28-165.5
Zee Entertainment Enterprises Ltd.8087.947.80.49297.86
Prime Focus Ltd.4644.26147.294.9120.64
Sun TV Network Ltd.3772.051706.4143.315.33
PVR INOX Ltd.3750.65-335.07-34.14-41.07
GTPL Hathway Ltd.3212.51079.5118.83
Dish TV India Ltd.2261.85-1683.54-9.14-1.96
Hathway Cable & Datacom Ltd.1980.9799.310.5639.7
Affle (India) Ltd.1433.96244.5917.4463.36

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Guide to IPO Investment

Company Contact Info

16A, Basement Floor,
16A, Basement Floor,Maratha Bhavan,Millers Tank Bund Road,Bengaluru,Karnataka-560052
Phone : 8044999917

Book Running Managers

Narnolia Financial Services Ltd.

Registrar & Transfer Agent

Maashitla Securities Pvt. Ltd.
451, Krishna Apra Business Square,Netaji Subhash Place,Pitampura,Delhi-110034
Phone : 45121795
Fax :/

Offer Related Information

Initial public offering of up to 1875200 equity shares of face value of Rs.10.00 each (Equity Shares) of Radiowalla Network Ltd.("The Company" or the "Issuer")
 for cash at a price of Rs.76.00 per equity share (including a premium of Rs.66.00 per equity share) ("Offer Price")
aggregating up to Rs.142515200 crores.
Offer Price: Rs.76.00 per equity share of face value of Rs.10.00 each.
The Offer Price is {ApplicationMoney/FaceValue} times of the face value
The minimum bid lot is 1600 equity shares and in multiples of 1600 equity shares thereafter
Single-click UPI-based IPO application
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