Radiowalla Network IPO vs TAC Infosec IPO

Comparison between Radiowalla Network IPO and TAC Infosec IPO.

IPO Details

Radiowalla Network IPO is a SME Bookbuilding IPO proposed to list at NSE SME while TAC Infosec IPO is a SME Bookbuilding proposed to list at NSE SME.

Issue Size and Price

The total issue size of Radiowalla Network IPO is up to ₹13.40 Cr whereas the issue size of the TAC Infosec IPO is up to ₹28.49 Cr. The final issue price of Radiowalla Network IPO is ₹76.00 per share and of TAC Infosec IPO is ₹106.00 per share.

 Radiowalla Network IPOTAC Infosec IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹72.00 per share₹100.00 per share
Issue Price (Upper)₹76.00 per share₹106.00 per share
Issue Price (Final)₹76.00 per share₹106.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1600 shares1200 shares
Fresh Issue Size17,63,200 shares26,88,000 shares
Fresh Issue Size (Amount)up to ₹13.40 Crup to ₹28.49 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total17,63,200 shares26,88,000 shares
Issue Size Total (Amount)up to ₹13.40 Crup to ₹28.49 Cr

IPO Timetable

Radiowalla Network IPO opens on Mar 27, 2024, while TAC Infosec IPO opens on Mar 27, 2024. The closing date of Radiowalla Network IPO and TAC Infosec IPO is Apr 02, 2024, and Apr 02, 2024, respectively.

 Radiowalla Network IPOTAC Infosec IPO
Anchor Bid DateMar 26, 2024Mar 26, 2024
Issue OpenMar 27, 2024Mar 27, 2024
Issue CloseApr 02, 2024Apr 02, 2024
Basis Of Allotment (Tentative)Apr 03, 2024Apr 03, 2024
Initiation of Refunds (Tentative)Apr 04, 2024Apr 04, 2024
Credit of Share (Tentative)Apr 04, 2024Apr 04, 2024
Listing date (Tentative)Apr 05, 2024Apr 05, 2024
Anchor Lockin End date 1May 03, 2024May 03, 2024
Anchor Lockin End date 2Jul 02, 2024Jul 02, 2024

Financials & KPIs

Radiowalla Network IPO P/E ratio is 38.48, as compared to TAC Infosec IPO P/E ratio of 15.98.

 Radiowalla Network IPOTAC Infosec IPO
Financials

Company Financials (Restated Consolidated)

Period Ended31 Oct 202331 Mar 202331 Mar 202231 Mar 2021
Assets8.838.145.285.31
Total Income8.7214.0310.505.90
Profit After Tax1.141.020.470.10
NET Worth5.533.350.36-0.11
Reserves and Surplus5.763.620.580.12
Total Borrowing0.520.790.700.83
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets12.139.784.964.04
Total Income5.3110.145.245.16
Profit After Tax1.955.070.610.61
NET Worth9.637.682.612.00
Reserves and Surplus9.187.232.161.55
Total Borrowing0.280.360.890.22
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)55.8078.00
Promoter Shareholding (Post-Issue)40.9556.94
P/E Ratio38.4815.98
Market Cap₹53.57 Cr.₹111.08 Cr.
ROE20.62%22.51%
ROCE21.28%22.75%
Debt/Equity0.09
EPS₹1.98₹6.63
RoNW20.62%20.24%

Shares Offered

In the Radiowalla Network IPO Retail Individual Investors (RII) are offered 6,17,600 shares while in TAC Infosec IPO retail investors are offered 6,17,600 shares. Qualified Institutional Buyers (QIB) are offered 3,53,600 shares in Radiowalla Network IPO and 5,37,600 shares in TAC Infosec IPO.

 Radiowalla Network IPOTAC Infosec IPO
Anchor Investor Reservation5,26,400 shares8,06,400 shares
Market Maker Reservation1,12,000 shares1,41,600 shares
QIB3,53,600 shares5,37,600 shares
NII2,65,600 shares4,03,200 shares
RII6,17,600 shares9,40,800 shares
Employee
Others
Total17,63,200 shares26,88,000 shares

Bids Received (Subscription)

Radiowalla Network IPO subscribed 307.54x in total, whereas TAC Infosec IPO subscribed 422.03x.

 Radiowalla Network IPOTAC Infosec IPO
QIB (times)87.96x141.29x
NII (times)491.86x768.89x
Big NII (times)
Small NII (times)
RII (times)353.98x433.80x
Employee (times)
Other (times)
Total (times)307.54x422.03x

Compare with others

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Radiowalla Network IPO Vs TAC Infosec IPO