Radiant Cash Management IPO Date, Review, Price, Details

The Radiant Cash Management IPO has begun on 23-Dec-2022. It will close on 27-Dec-2022. The Total IPO Size is 387.94 Crore. The company set its IPO price is 94-99 Rs Per Share. Basically, there are three basic categories in Radiant Cash Management IPO Subscription 1) Qualified Institutional Buyers 2) Non-Institutional Investors 3) Retail Individual Investors (RIIs).

Radiant Cash Management is established in 2005.

Radiant Cash Management is integrated cash logistics player with leading presence in retail cash management (“RCM”) segment of the cash management services industry in India and are one of the largest players in the RCM segment.They provide services across 12,150 pin codes in India covering all districts (other than Lakshadweep) with about 42,420 touch points serving more than 4,700 locations as of July 31, 2021.

Marquee clients include some of the largest foreign, private and public sector banks, and the end user of thier services
include some of the largest e-commerce companies, retail chains, NBFCs, insurance firms, ecommerce logistics players, railways and retail petroleum distribution outlets.

They Provides below Services: 1) Network currency management, 2) Cash processing, 3) Cash Vans / Cash in transit.

Radiant Cash Management IPO Promotors

1) Col. David Devasahayam
2) Dr Renuka David

Radiant Cash Management IPO Date, Details & Price Band

IPO Opening Dates 23-Dec-2022
IPO Closing Dates 27-Dec-2022
Price Band 94-99 ₹
Approx Offer For Sale 327.94 Crore
Fresh issue 60 Crore
Total IPO size 387.94 Crore
Minimum bid (lot size) 150 Shares
Face Value 1 INR Per Share
Retail Allocation 35%
NIBs 15%
QIBs 50%
Listing On NSE, BSE

Radiant Cash Management IPO Market Lot

The Radiant Cash Management IPO minimum market lot is 150 shares With 14,850 ₹ Amount per application.

Lot No of Shares Amount
Retail Minimum 1 150 14,850 Rs
Retail Maximum 13 1950 1,93,050 Rs
S-HNI Minimum 14 2100 2,07,900 Rs
Retail Maximum 68 10,200 10,09,800 Rs

Restated Financial Record of the three year (Amt. in Crore)

Total Assets Total Revenue Profit After Tax Earnings per equity share (Basic) Net asset value per Equity Share (₹)
31-Mar-22 190.57 286.97 38.21 3.77 13.80
31-Mar-21 162.14 224.16 32.43 3.20 12.55
31-Mar-20 157.62 251.78 36.5 3.60 11.80

Radiant Cash Management IPO GMP & Grey Market Premium

Radiant Cash Management IPO GMP Grey market premium has been started today. Check Latest Radiant Cash Management IPO GMP, Kostak Rates and Subject to Sauda Price here.

Radiant Cash Management IPO DRHP & RHP

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Radiant Cash Management IPO Reviews

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Radiant Cash Management IPO Allotment Date & Details

Allotment Date 30-Dec-2022
Initiation of refunds 02-Jan-2022
Transfer of shares to Demat accounts 03-Jan-2022
Listing Date 04-Jan-2022

Registrar of Radiant Cash Management IPO

Link Intime India Private Ltd
C 101, 247 Park, L.B.S.Marg,
Vikhroli (West), Mumbai – 400083
Website: https://linkintime.co.in/
Email: [email protected]
Phone: +91-22-4918 6270
Fax: +91-22-4918 6060

Radiant Cash Management Contact Details

Radiant Building,
4/3 Raju Nagar, First Street,
Okkiyam Thoraipakkam,
Old Mahabalipuram Road,
Chennai 600 096,
Tamil Nadu, India;
Contact Person: Ms. Jaya Bharathi Karumuri,
Tel: +91 044 4904 4904
E-mail: [email protected];
Website: www.radiantcashservices.com

Radiant Cash Management IPO Lead Managers

IIFL Securities Limited
Motilal Oswal Investment Advisors Limited
YES Securities (India) Limited

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