Open Date

27 Mar 24

Listing Date

Close Date

Allotment Date

05 Apr 24

Radiowalla Network IPO Date

03 Apr 24

02 Apr 24

Lot Size 

1600 shares

IPO Size

₹ 14.25 Cr.

Price Range

 ₹ 72 to ₹ 76

Min. Investment

₹ 115,200

Radiowalla Network IPO Details

1. The company has a global presence. 2. It offers services in multiple languages, including English, Hindi, Tamil, Kannada, Telugu, Gujarati, Marathi, Bengali, Punjabi, Arabic, and others. 3. The company has an empanelment with the Directorate of Advertising and Visual Publicity (DAVP) which has now been integrated into the Central Bureau of Communication (CBC).

Strengths

1. The business is significantly dependent on content creators and RJs for creating audio or radio content 2. It has reported negative cash flows in the past. 3. Its group entities have incurred losses in the past and may incur losses in the future. 4. Higher working capital requirements.

Risk

How to apply for Radiowalla Network IPO

To apply for Radiowalla Network IPO, follow the steps given below    • Login to your 5paisa account and select the issue in the current IPO section        • Enter the number of lots and the price at which you wish to apply for the Radiowalla Network IPO.        • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.     You will receive a mandate notification to block funds in your UPI app.

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