IPO Trending
RADIOWALLASME / NSEListed
Radiowalla Network

Radiowalla Network Limited, established in July 2010, has become a prominent provider of in-store radio services under a subscription-based B2B model, offering brand-exclusive radio channels, corporate radio for employee engagement, and advertisement solutions such as digital signage and point-of-purchase advertising. Expanding beyond India, the company has established a presence in the UAE, Mexico, Sri Lanka, and the Middle East. With two key verticals—Radio Engagement Solutions & Subscription Services and Advertisement Solutions—Radiowalla has demonstrated significant revenue growth, increasing from ₹585.05 lakhs in FY 2021 to ₹1,049.91 lakhs in FY 2022. As of October 31, 2023, the company employs 54 permanent professionals, reinforcing its commitment to quality service and continuous expansion in the B2B media solutions sector.

₹72 - ₹76307.58x sub
Listed Price₹120.15
Listing Gain+58.09%

IPO Schedule & Timeline

Book Built Issue IPO
Open27 Mar 2024
Close02 Apr 2024
Allotment03 Apr 2024
Listing05 Apr 2024

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Retail6,17,600 shares
32.94%
Nii (hni) 2,65,600 shares
14.16%
Anchor5,26,400 shares
28.07%
QIB3,53,600 shares
18.86%
Market Maker1,12,000 shares
5.97%

Minimum Application Lots

Retail1 Lot (1,600 shares)
₹1,21,600
HNI2 Lots (3,200 shares)
₹2,43,200

Company Promoters

Mr. Anil SrivatsaMs. Gurneet Kaur BhatiaMr. Harvinderjit Singh Bhatia

Company Background

Radiowalla Network Limited, established in July 2010, has become a prominent provider of in-store radio services under a subscription-based B2B model, offering brand-exclusive radio channels, corporate radio for employee engagement, and advertisement solutions such as digital signage and point-of-purchase advertising. Expanding beyond India, the company has ...

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Oct-23 )₹871.99 Cr
Growth+47.9%
Revenue Trend (₹ in Crores)
0.0537.81.1k1.6kMar-21Mar-22Mar-23 Oct-23
PeriodRev (Cr)PAT (Cr)AssetsDebt
Oct-23 871.99113.99883.2952.05
Mar-23 1,402.89102.18813.5378.74
Mar-221,050.1247.01527.5369.64
Mar-21589.5410.18530.8183.04

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Oct-23 24.2420.62%21.28%0.6538.48
Mar-23 24.2530.49%35.86%00
Mar-2211.16129.28%113.40%00

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Maashitla Securities Private Limited

Allotment Finalized
Allotment Date
03 Apr 2024
Official Status
Out / Finalized
Registrar
Maashitla Securities Private Limited
Listing Date
05 Apr 2024

Official Allotment Verification Links

Official Registrar Portal
Maashitla Securities Private Limited

Direct allotment verification on the official registrar portal appointed for Radiowalla Network. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization03 Apr 2024Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date05 Apr 2024Trading commences on exchange

How to Check Radiowalla Network Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Radiowalla Network from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Allotment FAQs & Help

About Radiowalla Network IPO

Complete issue overview for Radiowalla Network (RADIOWALLA) IPO. The issue features an equity share price band of ₹72 – ₹76 per share with a minimum retail lot size of 1600 Shares (minimum application amount of ₹1,21,600). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions