31 Mar 2021
Assets5.31
Total Income5.90
Profit After Tax0.10
NET Worth-0.11
Reserves and Surplus0.12
Total Borrowing0.83
At a glance
Updated 2026-09-15The shares listed at ₹120.15, a 58.09% move from the issue price. Radiowalla is a SME IPO with an issue size of ₹14.25 crore, proposed for listing on NSE SME. The offer opens on 27th Mar 2024 and closes on 2nd Apr 2024. The issue structure includes a fresh issue of ₹13.40 crore. The current listing schedule points to 5th Apr 2024.
Issue details
Listing atNSE SME
Issue typeBook Build Issue
Issue size₹14.25 Cr
Fresh issue₹13.40 Cr
Face value₹10
Price band₹72.00–₹76.00
Allotment3rd Apr 2024
Listing5th Apr 2024
Listing performance
Full performance ↗Issue price₹76.00
Listing price₹120.15
Current price—
Listing gain58.09%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹38.00
GMP / upper price50.00%
Est. listing₹114.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens27th Mar 2024
Closes2nd Apr 2024
Allotment3rd Apr 2024
Refund4th Apr 2024
Demat4th Apr 2024
Listing5th Apr 2024
Subscription demand
Full bidding ↗Total307.54×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 1600 | ₹121,600 |
Company
Use of proceeds
| Object | Amount |
|---|---|
| Investment in Technology | ₹3.10 Cr |
| Capital Expenditure | ₹1.90 Cr |
| Working Capital Requirement | ₹4.50 Cr |
| General Corporate Purposes | ₹2.63 Cr |
| Issue Expenses | ₹2.13 Cr |
Financial performance
Year-wise operating scale, profitability and balance-sheet context.Revenue8.72₹ Cr · -37.8% vs prior year
PAT1.14₹ Cr · +11.8% vs prior year
Assets8.83₹ Cr · +8.5% vs prior year
Net Worth5.53₹ Cr · +65.1% vs prior year
Borrowing0.52₹ Cr · -34.2% vs prior year
3-year financial trendRevenue / EBITDA / PAT
₹ crore31 Mar 2022
Assets5.28
Total Income10.50
Profit After Tax0.47
NET Worth0.36
Reserves and Surplus0.58
Total Borrowing0.70
31 Mar 2023
Assets8.14
Total Income14.03
Profit After Tax1.02
NET Worth3.35
Reserves and Surplus3.62
Total Borrowing0.79
31 Oct 2023
Assets8.83
Total Income8.72
Profit After Tax1.14
NET Worth5.53
Reserves and Surplus5.76
Total Borrowing0.52
KPIs
| 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 |
Valuation & shareholding
Pre-IPO EPS1.98
Post-IPO EPS2.77
Pre-IPO P/E38.48
Post-IPO P/E27.41
Promoter holding pre55.8%
Promoter holding post40.95%
Market cap₹53.57 Cr.
Peer comparison
| Company | EPS | P/E | RoNW | NAV |
|---|---|---|---|---|
| Radiowalla Network IPO | — | 27.41 x | — | — |
| Optimystix Entertainment IPO | — | 16.94 x | — | — |
| Simca Advertising IPO | — | 15.39 x | — | — |
| Value 360 IPO | — | 17.25 x | — | — |
Issue expenses
| Expense | Amount |
|---|---|
| Investment in Technology | ₹3.10 Cr |
| Capital Expenditure | ₹1.90 Cr |
| Working Capital Requirement | ₹4.50 Cr |
| General Corporate Purposes | ₹2.63 Cr |
| Issue Expenses | ₹2.13 Cr |
Registrar & lead managers
Registrar
Maashitla Securities Pvt.Ltd.Lead managers
- Narnolia Financial Services Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-09-15.
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