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IPO Synopsis Radiowalla Network Ltd
Registered Office : 603 Sudhama Niwas 16th Road,Khar (W), Mumbai - 400052, Maharashtra, India.
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.  
Issue Money Payable On
Opens On Closes On Application Allotment
 27-Mar-24  02-Apr-24  76.00-0.00  0.00-0.00
Minimum Application for shares in Nos :  1600   Further Multiples of :  1600
  Rs Cr Lead Managers to the Issue
Project Cost  12.13 Narnolia Financial Services Ltd
Project Financed through Current Offer  14.25  
Post Issue Equity Share Capital  7.05  
Issue Price  76.00  
Projects
 Investment in Technology  Capital Expenditure
 Working Capital Requirement  General Corporate Purposes
Promoted By
 Anil Srivasta
 Gurneet Kaur Bhatia
 Harvinderjit Singh Bhatia
Listing At
 NSE - SME
Registrar to the Issue
No Data available..!
 
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