Ace investor Ashish Kacholia-backed Radiowalla Network, one of the leading providers of B2B customer engagement services, announced the launch of its IPO on March 27. As of the filing of RHP, Kacholi
The company is aiming to raise Rs 14.25 via this IPO, which closes on April 2. The issue size is of 18.75 lakh shares at face value of Rs 10 each.
The IPO is priced in the range of Rs 72-76 per share, where investors can bid for 1,600 shares in 1 lot and its multiples thereafter.
In the IPO, around 5.26 lakh shares will be allocated to anchor investors, around 3.53 lakh shares are reserved for qualified institutional buyers, 6.17 lakh shares of retail investors and the rest for non-institutional investors.
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