Radiowalla Network IPO Subscription Details

Bookbuilding IPO | ₹14 Cr | Listed at NSE SME | Wed, Mar 27, 2024 - Tue, Apr 2, 2024

Basis of Allotment - Radiowalla Network IPO

Category QIB NII Retail Total
Ex. Anchor Anchor Investor Total QIB
Allocation (No. of shares)3,53,6005,26,4008,80,0002,65,6006,17,60017,63,200
Allotment price (Rs.)767676767676
No.of applications3734011,7221,34,8491,46,611
No.of shares applied3,05,64,8005,26,4003,10,91,20012,98,27,20021,57,58,40037,66,76,800
Amount collected (Rs.cr.)232.29 4.00 236.29 986.69 1,639.76 2,862.74
No.of times subscribed86.441.0035.33488.81349.35213.63
No.of shares allotted3,53,6005,26,4008,80,0002,65,6006,17,60017,63,200
Amount (Rs.cr.)2.69 4.00 6.69 2.02 4.69 13.40
No.of allottees37340165386591

IPO Shares Offered

Radiowalla Network IPO is a public issue of 0.18 Cr equity shares. The issue offers 0.06 Cr shares to retail investors, 0.09 Cr shares to qualified institutional buyers, and 0.03 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
Market Maker1,12,0000.85 5.97%
QIB 8,80,0006.69 46.93%
    Anchor 5,26,400 4.00 28.07%
    QIB (Ex Anchor) 3,53,600 2.69 18.86%
NII* 2,65,6002.02 14.16%
Retail6,17,6004.69 32.94%
Total18,75,20014.25 100%

Radiowalla Network IPO Anchor Investor Allocation

A total of 5,26,400 shares at a price of Rs 76 per share will be allotted to the anchor investors.

Anchor investors bid opening dateMar 26, 2024
Anchor investor price₹76.00
Anchor investors as % of QIBs59.82%
No. of shares locked-in for 30 days2,63,200
No. of shares locked-in for 90 days2,63,200
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 RAJASTHAN GLOBAL SECURITIES PVT.LTD. RAJASTHAN GLOBAL SECURITIES 2,17,600 1.65 41.34 11.60
2 BENGAL FINANCE & INVESTMENT PVT.LTD. BENGAL FINANCE & INVESTMENT 1,56,800 1.19 29.79 8.36
3 NOVA GLOBAL OPPORTUNITIES FUND PCC-TOUCHSTONE NOVA 1,52,000 1.16 28.88 8.11
5,26,4004.0010028.07

IPO Subscription FAQs

The Radiowalla Network IPO is subscribed 307.54 times by Apr 02, 2024 18:21.

Radiowalla Network IPO Subscription

Investor Category Subscription (times)
Qualified Institutional87.96
Non Institutional491.86
Retail Individual353.98
Total Subscription307.54

Retail category of Radiowalla Network IPO subscribed 353.98 times as of date Apr 02, 2024 18:21. The public issue closes on Tue, Apr 2, 2024 for bidding.

An investor can apply in Radiowalla Network IPO online via bank (using ASBA) or the broker (using UPI). The Radiowalla Network IPO shares are offered online only.

The Radiowalla Network IPO is subscribed 307.54 times by Apr 02, 2024 18:21.

The Radiowalla Network IPO allotment status is expected on or around Wednesday, April 3, 2024. Visit Radiowalla Network IPO allotment status to check.

The Radiowalla Network IPO listing date is April 5, 2024. The equity share of Radiowalla Network IPO will list on NSE SME.

Visit Radiowalla Network IPO subscription status page for real-time bidding information about Radiowalla Network IPO.

Radiowalla Network IPO Timetable

IPO opens OnWednesday, March 27, 2024
IPO Closes OnTuesday, April 2, 2024
Finalisation of Basis of AllotmentWednesday, April 3, 2024
Initiation of RefundsThursday, April 4, 2024
Credit of Shares to Demat AccountThursday, April 4, 2024
IPO Listing DateFriday, April 5, 2024
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