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Radiowalla Network Limited

Radiowalla Network Limited

smelisted
Registrar: Maashitla Securities Private Limited · Listing 2024-04-05
IPO Timeline
Today · 20 Oct 2026
Opens
27 Mar 2024
Closes
02 Apr 2024
Allotment
29 Mar 2024
Refund
04 Apr 2024
Demat
03 Apr 2024
Listing
05 Apr 2024
Price Band
₹72–76
GMP
₹0
0%
Lot Size
1600 Shares
Min ₹121,600
Subscription
0x
Issue Size
₹14.25 Cr
Open
2024-03-27
Close
2024-04-02
Listing
2024-04-05

About the company

## **About  Radiowalla Network Limited** Incorporated in 2010,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 our 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 and deliver AI-driven playlists of continuously updated music. In the domain of Corporate Radio, theyextend audio services to corporate clients, encompassing both musical and non-musical components. The music facet comprises a specified background music to enhance the ambient atmosphere of the office places of our clients. The non-musical facet comprises internal communications, announcements, birthday wishes, significant company news, and any other information that the company intends to convey to its employees. Their background music services aim to create a pleasant and customised auditory experience tailored to the specific needs and preferences of our clients and their respective environments. Radiowalla Network Limited invites investors to join us on our journey towards retail excellence and sustainability. With a proven track record of success, a diverse portfolio of offerings, and a steadfast commitment to innovation, we are well-positioned for continued growth and prosperity. Together, let us shape the future of retail and create lasting value for generations to come. 1. To meet out the expenses for Investment in Technology 1.  Capital Expenditure for the Company 1. Working Capital requirements of the Company 1. General Corporate Purposes; and 1.  Issue Expenses. Here are key details about the Radiowalla Network Limited IPO: Company Name| **Radiowalla Network Limited**|  | Radiowalla Network Limited IPO Opening Date| **March 27, 2024** ---|---|---|---|--- Company Established On|**2010**Radiowalla Network Limited IPO Price band|**₹72 to ₹76 per share** ###

Strengths

    Risks

      Financial performance (₹ Cr)

      IPO Roadmap / Timeline

      Current Status · as of 20 Oct 2026
      Listed
      Listed on 05 Apr 2024
      Listed 928 days ago
      1. IPO Opens

        Completed
        27 Mar 2024

        Bidding starts for all investor categories

      2. IPO Closes

        Completed
        02 Apr 2024

        Last day to place your bid

      3. Basis of Allotment

        Completed
        29 Mar 2024

        Share allotment finalised

      4. Refund Initiation

        Completed
        04 Apr 2024

        Refunds credited for non-allottees

      5. Credit to Demat

        Completed
        03 Apr 2024

        Allotted shares credited to demat account

      6. Listing on Exchange

        Completed
        05 Apr 2024

        Shares list on NSE / BSE

      Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.

      Lot size & minimum investment

      Lot Size
      1600 shares
      Price / Share (upper)
      ₹76
      Min Investment (1 lot)
      ₹121,600
      Price Band
      ₹72–76
      Retail / Individual
      1 lot only
      Min lots
      1
      Min shares
      1600
      Min amount
      ₹121,600
      Max amount
      ₹121,600
      HNI
      Min 2 lots
      Min lots
      2
      Min shares
      3200
      Min amount
      ₹243,200
      Max amount
      ₹243,200

      Shares reserved per category & allotment probability

      QIB
      100% allotment
      Reservation
      50%
      Amount
      ₹7.13 Cr
      Shares offered
      962,838
      Shares bid
      0
      Subscribed
      0.00x
      NII
      100% allotment
      Reservation
      15%
      Amount
      ₹2.14 Cr
      Shares offered
      288,851
      Shares bid
      0
      Subscribed
      0.00x
      Retail
      100% allotment
      Reservation
      35%
      Amount
      ₹4.99 Cr
      Shares offered
      673,987
      Shares bid
      0
      Subscribed
      0.00x

      Retail is a lottery-based allotment when oversubscribed; QIB/NII get pro-rata. Probability ≈ 1 / subscription times (100% if under-subscribed).