Radiowalla Network Limited IPO
Radiowalla Network Limited was a SME IPO in the Media & Entertainment sector, offered at ₹72–₹76 per share to raise ₹14 crore. It listed on 5 Apr 2024 at ₹120 and closed its first day at ₹126, a listing gain of +66.0% versus the ₹76 issue price. It now trades around ₹22 (-70.6% versus the issue price).
Frequently asked questions
- What were the Radiowalla Network Limited IPO listing gains?
- Radiowalla Network Limited listed on 5 Apr 2024 at ₹120, closing its first day at ₹126 — a listing gain of +66.0% versus the ₹76 issue price.
- What was the price band and lot size of the Radiowalla Network Limited IPO?
- The price band was ₹72–₹76 per share, with a minimum lot of 1,600 shares (₹1,21,600 at the upper band).
- Who were the registrar and lead manager for the Radiowalla Network Limited IPO?
- Maashitla Securities Private Limited was the registrar, and Narnolia was the book-running lead manager.