247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

Radiowalla Network Limited IPO (Radiowalla Network IPO) Details

Radiowalla Network Limited is an Advertising And Media based company, located in Bangalore, Radiowalla Network Limited IPO size was 14.25 Cr. and was issued at 76.00 per share. The share of Radiowalla Network Limited were listed at 126.15 per share and are currently trading at 98.35 per share.

Type :
Sub Sector : Radio On A Subscription Basis And Digital Sinage
SME IPO
NSE EMERGE

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
14.95 Cr.

PAT :
1.95 Cr.

Pricing Report

Issue Price :
76.00

Listing Price :
126.15

Current Market Price :
98.35

Issue Price vs CMP :
22.35 (29.41%)

listing Price vs CMP :
27.8 (22.04%)

Performance Report (CAGR* wise)

CAGR : 38.18
-ve 0 6 9 12+
Above Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About Radiowalla Network

Company Information
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 their clients. They exclusively cater to the business-to-business (B2B) sector.
In the realm of In-Store Radio, they furnish audio services to diverse clients, including malls, retailers, and hospitals, addressing their background audio requirements. They offer background music services, which involve providing a selection of music to enhance the ambient atmosphere of various spaces. They deliver AI-driven playlists of continuously updated music. In the domain of Corporate Radio, they extend audio services to corporate clients,
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Object of Issue
  • To meet out the expenses for Investment in Technology
  • To meet out the Working Capital requirements of 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

Radiowalla Network SME IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Apr, 2024
IPO Size :
14.25 Cr.
Market Cap :
53.57 Cr.   
IPO Subscription :
307.54 X     
PE Multiple :
27.41
IPO Registrar:
Maashitla Securities Private Limited

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FAQs

Radiowalla Network operates in Advertising And Media and Radio On A Subscription Basis And Digital Sinage. The Issue is listed on NSE EMERGE in Apr, 2024. Radiowalla Network IPO size was 14.25 Cr. with Issue price of 76.00 .

Radiowalla Network IPO subscription was 307.54 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Radiowalla Network IPO listed at a listing price of 126.15 against the offer price of 76.00.

The current market price of Radiowalla Network is 98.35.

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