Loading...
Guest User
Welcome! Please login.
| IPO Listing At | NSE SME |
| SME IPO Issue Type | Book Build Issue |
| Total Issue Size | ₹14.25 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹14.25 Cr |
| Fresh Issue | ₹13.40 Cr |
| Face Value | ₹10 Per Equity Share |
| Price Band | ₹72.00-76.00 per share |
| Discount | Retail: 0.00 |
| NSE Code | RADIOWALLA |
| Registrar | Maashitla Securities Pvt.Ltd. |
| Lead Managers | Narnolia Financial Services Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 1,600 shares and in multiples thereof
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.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | 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 |
| 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 | ||||
| KPI | Oct 31, 2023 |
|---|---|
| ROE | 20.62% |
| ROCE | 21.28% |
| Debt / Equity | 0.09% |
| RoNW | 20.62% |
| PAT Margin | 13.07% |
| Price to Book Value | 0.65 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (₹) | 1.98 | 2.77 |
| P/E (x) | 38.48 | 27.41 |
| Promoter Holding | 55.80% | 40.95% |
| Market Cap | ₹53.57 Cr. | |
