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Radiowalla Network Ltd
Radiowalla Network Ltd
Registered Office : 603 Sudhama Niwas 16th Road,Khar (W),Mumbai Maharashtra 400052 Phone : +91 80449 99917
Fax :
Email : compliance@radiowalla.in
Website : www.radiowalla.in
Initial public offering of up to 18,75,200 equity shares of Rs. 10/- each ("Equity Shares") of Radiowalla Network Limited ("RNL" or the "Company") for cash at a price of Rs. 76/- per equity share (the "Issue Price"), aggregating to Rs. 14.25 crores ("The Issue"). Out of the issue, 1,12,000 equity shares aggregating to Rs. 0.85 crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. issue of 17,63,200 equity shares of face value of Rs. 10/- each at an issue price of Rs. 76/- per equity share aggregating to Rs. 13.40 crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 26.61 % and 25.02% respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10/- each and the floor price and cap price are 7.2 times and 7.6 times of the face value of the equity shares, respectively.
Opens On
Closes On
27-Mar-2024
02-Apr-2024
Application
Allotment
76.00
0.00
Minimum Application for shares in Nos : 1600.0 Further Multiples of : 1600.0
₹Cr
Lead Managers to the Issue
Project Cost (₹.Cr)
Project Financed through Current Offer (₹.Cr)
Post Issue Equity Share Capital (₹.Cr)
Issue Price (₹.Cr)
12.13
14.25
7.05
76.00
Narnolia Financial Services Ltd
- Investment in Technology
- Capital Expenditure
- Working Capital Requirement
- General Corporate Purposes
- Anil Srivasta
- Gurneet Kaur Bhatia
- Harvinderjit Singh Bhatia
- NSE - SME
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