Radiowalla Network Limited IPO GMP Today, Review, Price and Company Details

Radiowalla Network Limited, priced between ₹72 to ₹76 per share, boasts a Grey Market Premium of ₹40. Offering lots of 1600 shares, its subscription window is open from March 27 to April 2, 2024.
Radiowalla Network Limited IPO GMP Today, Review, Price and Company Details

As of now, on March 26, 2024, Radiowalla Network Limited’s IPO showcases an impressive Grey Market Premium of ₹40. Priced between ₹72 to ₹76 per share, subscriptions open from March 27 to April 2, 2024.

Trade Intraday, Equity and Commodity in Alice Blue and Save 33.3% Brokerage.

Radiowalla Network Limited IPO GMP Today

The Grey Market Premium for Radiowalla Network Limited’s IPO stands at ₹40 as of March, 26 with a price range of ₹72 to ₹76 per share.

Radiowalla Network Limited IPO Review

Radiowalla Network Ltd’s IPO journey reflects a dynamic trajectory. While revenue surged initially to ₹1399.47 lakhs in March 2023, a recent downturn to ₹871.86 lakhs by October 2023 raises caution, though improvements in equity and profitability metrics offer optimism. Equity surged significantly, with a debt-equity ratio improving drastically from 1.92 to 0.09, signaling a stronger financial position.

Despite recent revenue challenges, profitability remained reasonable, with profit after tax at ₹113.99 lakhs in October 2023. Diluted EPS showed significant growth from ₹11.16 to ₹24.24, reflecting improving earnings performance per share. However, RoNW fluctuated from 129.28% to 20.62%, indicating a decline in profitability relative to net worth. Nonetheless, liquidity improved, as evidenced by a better current ratio, enhancing the company’s ability to meet short-term obligations.

Radiowalla Network Limited IPO Date 

The IPO of Radiowalla Network Limited is scheduled to be open for subscription from March 27 to April 2, 2024.

Radiowalla Network Limited IPO Price

The price range for the IPO of Radiowalla Network Limited is set between ₹72 to ₹76 per share, with a face value of ₹10.

Radiowalla Network Limited

Radiowalla specializes in B2B customer engagement services, offering in-store radio and corporate radio solutions. Their services include background music and non-musical content tailored for enhancing ambiance and internal communication within retail, corporate, and healthcare sectors.

How To Apply For Radiowalla Network Limited IPO?

To apply for the Radiowalla Network Ltd  through Alice Blue, follow these steps:

1. Open a Demat and Trading Account with Alice Blue if you don’t have one.

2. Access IPO details for Radiowalla Network Ltd on the Alice Blue platform.

3. Place your bid for the desired number of shares within the IPO’s price range.

4. Confirm your information and submit your application quickly.

You can apply for Radiowalla Network Ltd IPO at Alice Blue in just a few clicks!

Read More News




Trade Intraday and Futures & Options