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Open
27 Mar to 2 Apr, 2024
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Close
27 Mar to 2 Apr, 2024
3
Allotment
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Listing
Fri, Apr 5, 2024
Price Band
₹72 to ₹76
Issue Size
18,75,200 shares (agg. up to ₹14 Cr)
Lot Size
1,600 Shares
Listing Date
Fri, Apr 5, 2024
Latest GMP
₹38
Est. Gain
50%
✦ AI Insight
GMP Trend
05-04-2024₹38Est. ₹114+50%
04-04-2024₹38Est. ₹114+50%
03-04-2024₹38Est. ₹114+50%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 213.63x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Oct 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 8.83 | 8.14 | 5.28 | 5.31 |
| Total Income | 8.72 | 14.03 | 10.50 | 5.90 |
| Profit After Tax | 1.14 | 1.02 | 0.47 | 0.10 |
| NET Worth | 5.53 | 3.35 | 0.36 | -0.11 |
| Reserves and Surplus | 5.76 | 3.62 | 0.58 | 0.12 |
| Total Borrowing | 0.52 | 0.79 | 0.70 | 0.83 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Maxposure Ltd. | SME | ₹20.26 Cr | ₹33 | 12.42 | ₹137.75 | +317.42% | ₹35.00 (+0.43%) |
| Inspire Films Ltd. | SME | ₹21.23 Cr | ₹59 | 0.02 | ₹67.85 | +15.00% | ₹8.25 (-4.62%) |
| Digikore Studios Ltd. | SME | ₹30.48 Cr | ₹171 | 4.63 | ₹283.50 | +65.79% | ₹51.40 (-3.11%) |
| Basilic Fly Studio Ltd. | SME | ₹66.35 Cr | ₹97 | 5.94 | ₹284.55 | +193.35% | ₹199.75 (+0.13%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Investment in Technology | 3.10 |
| 2 | Capital Expenditure | 1.90 |
| 3 | Working Capital Requirement | 4.50 |
| 4 | General Corporate Purposes | 2.63 |
| 5 | Issue Expenses | 2.13 |
About Radiowalla Network IPO
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.+ Read More
Contact Details
Radiowalla Network Ltd. Address16A, Basement FloorMaratha Bhavan, Millers Tank Bund RoadVasanthnagarBengaluru, Karnataka, 560052+91 8044999917compliance@radiowalla.inVisit Website