
## **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** ###
Bidding starts for all investor categories
Last day to place your bid
Share allotment finalised
Refunds credited for non-allottees
Allotted shares credited to demat account
Shares list on NSE / BSE
Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.
| Investor Type | Min Lots | Min Shares | Min Amount | Max Lots | Max Amount | Notes |
|---|---|---|---|---|---|---|
| Retail / Individual | 1 | 1600 | ₹121,600 | 1 | ₹121,600 | 1 lot only |
| HNI | 2 | 3200 | ₹243,200 | 2 | ₹243,200 | Min 2 lots |
| Category | Reservation | Shares Offered | Amount (₹ Cr) | Shares Bid | Subscribed | Allotment % |
|---|---|---|---|---|---|---|
| QIB | 50% | 962,838 | 7.13 | 0 | 0.00x | 100% |
| NII | 15% | 288,851 | 2.14 | 0 | 0.00x | 100% |
| Retail | 35% | 673,987 | 4.99 | 0 | 0.00x | 100% |
Retail is a lottery-based allotment when oversubscribed; QIB/NII get pro-rata. Probability ≈ 1 / subscription times (100% if under-subscribed).