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Issue Open Date
|
27-Mar-24
|
|
|
|
Issue Closing Date
|
02-Apr-24
|
|
|
|
Application Money
|
100
|
|
|
|
Allotment Money
|
|
|
|
|
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Price Band
|
72
-
76
|
|
|
|
Minimium Application No.
|
1600
|
|
|
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Issue Size (Shares)
|
1875200
|
|
|
|
Market Lot
|
1
|
|
|
|
|
|
Objective
|
|
1. To meet out the expenses for Investment in Technology2. To meet out the Capital Expenditure for the Company3. To meet out the Working Capital requirements of the Company4. To meet out the General Corporate Purposes; and5. To meet out the Issue Expenses.
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|
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Category
|
No. of Shares
|
No. of Shares
|
Subscription Ratio
|
|
|
Offered / Reserved |
Bid For |
|
|
Non-Institutional Investors
|
|
130750400
|
|
|
Qualified Institutional Buyers
|
|
31102400
|
|
|
Retail Individual Investors
|
|
218620800
|
|
|
|
|
|
Business Description
Our Company 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. We exclusively cater to the business-to-business (B2B) sector.
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|
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Promoter's Holding
|
|
|
|
Total Share Capital
|
2886477
|
|
|
|
Offered to Public
|
1875200
|
|
|
|
Promoter's Holding (Pre-Issue)
|
55.8
|
|
|
|
Promoter's Holding (Post-Issue)
|
40.95
|
|
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|
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|
|
|
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|
|
Address |
603
Sudhama Niwas
16th Road
Khar (W)
Mumbai,
Maharashtra,
400052
Phone : 8044999917
Email : compliance@radiowalla.in
Website : www.radiowalla.in
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|
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Registrar |
Maashitla Securities Pvt Ltd.
451
Krishna Apra Business
Square
Netaji Subhash Place
Pitampura
New Delhi
|
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Listed at |
|
NSE
|
|
|
Lead Manager |
|
Narnolia Financial Services Ltd.
|
|
|
Promoters |
Anil Srivatsa
Gurneet Kaur Bhatia
Harvinderjit Singh Bhatia
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|
