ListedSMERADIOWALLA

Radiowalla Network Limited

Radiowalla Network Limited is a sme IPO raising ₹14 Cr at ₹72 – ₹76 a share. It listed on 5 Apr 2024 and trades at ₹28 today, −63.5% against its issue price of ₹76. It was subscribed 0.00× in total.

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₹76

Issue price

₹28

Price now

−63.5%

Since issue price

5 Apr 2024

Listed on

0.00×Subscribed (final) · all exchanges

No bids yet

populated partly populated we hold nothing here — the tab says why

Terms of the issue

The mechanics of what is being sold. Held for every issue we track.

Price band₹72 – ₹76

Cut-off price₹76

Issue size₹14 Cr

Shares per lot1600

Minimum application₹1,21,600

Minimum quantity1600

Face value₹10

Listing exchanges—

ISININE430U01019

Bidding hours10:00 – 17:00 IST

Bidding window27 Mar 2024 – 2 Apr 2024

SME

What being an SME issue means here. SME issues list on NSE Emerge or BSE SME. They disclose less than mainboard issues, trade far more thinly, and — by regulation — the minimum application is a full lot worth roughly ₹1–1.5 lakh rather than about ₹15,000. That is why the minimum above is so much larger than for a mainboard issue.

Not here yet

Valuation against the issuer's named peers, what the fresh money funds, and the anchor-investor allocation come from reading the prospectus, which we do for current and upcoming issues — historical issues will not gain them.