Radiowalla IPO

Incorporated in July 2010, Radiowalla Network Limited provides in-store radio services on a subscription model basis, which includes an exclusive radio channel for a brand. The company also offer corporate radio services, which provide private radio channels for employee engagement within an organisation. Additionally, the company provides advertisement services such as digital signage solution, content management services, and point of purchase advertising to our clients. Our services are exclusively catered to the business-to-business (B2B) sector. The company provides services directly to other businesses under a Business-to-Business (B2B) model. They have expanded their business into two verticals. 1. Radio Engagement Solutions and Subscription services 2. Advertisement Solutions. The company offers its services in countries such as UAE, Mexico, Sri Lanka and the Middle East as well. The revenue of the company has increased from Rs. 585.05 Lakhs in the FY 2021 to Rs. 1049.91 Lakhs in FY 2022. As of October 31, 2023, the company has 54 permanent employees.

The objects of the Issue are: - To meet out the expenses for Investment in Technology To meet out the Capital Expenditure for the Company To meet out the Working Capital requirements of the Company To meet out the General Corporate Purposes; and To meet out the Issue Expenses.

All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions. We are not a SEBI Registered analyst. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on Information published on this application. No financial information whatsoever published anywhere, within this application, should be considered as advice to buy or sell securities or invest in IPOs, or as a guide to doing so in any way whatsoever Please read all Tearms and conditions , and agree to use the App