SMEClosed

Radiowalla Network Limited IPO Subscription Status

📅Offer Date: 27 Mar 2024 – 02 Apr 2024

Minimum investment
₹1,21,6001600 shares
View IPO details

Data sourced from BSE & NSE · Last updated

Total307.59x
QIB0.00x
NII0.00x
Retail353.91x

Radiowalla Network Limited IPO was subscribed 307.59x in total when bidding closed on 02 Apr 2024, with 0.00x in the QIB category, 0.00x in NII, 353.91x in retail. The issue ran from 27 Mar 2024 to 02 Apr 2024 at a price band of ₹72.00–₹76.00 per share.

QIB0.00xNII0.00xRetail353.91xTotal307.59x1×

Times subscribed by category against the 1× line.

354
≈ 1 in 354 retail allotment
low allotment chance

Based on retail subscription (353.91x). Final allotment decided by registrar's computerised lottery.

Subscription Details (No. of Shares)

CategoryOfferAppliedTimes
Retail6,17,60021,85,74,816353.91x
Total12,36,80038,04,27,312307.59x
QIB / NII3,53,60000.00x

Subscription in Crores (₹Cr)

CategoryOfferedDemandTimes
Retail4.691661.17353.91x
QIB / NII2.69—0.00x
Total7.381661.17307.59x

Values derived from share count × issue price (₹76.00)

What this means for allotment & listing

Because Radiowalla Network Limited closed oversubscribed, allotment follows the applicable category and exchange rules. A high subscription figure reflects strong demand but does not guarantee a premium listing, and a low figure does not guarantee a discount. This page is for information only and is not investment advice.

NSE SME listed · Bidding data sourced from BSE & NSE under SEBI ICDR regulations.

Radiowalla Network Limited IPO subscription FAQs