Radiant Cash Management IPO Date, Review, Price, Form & Market Lot Details

Radiant Cash Management is established in 2005 by Col David Devasahayam and Dr. Renuka David are the founders of the company.

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 our 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:-

Network currency management: Our services under this segment consist of cash collection from end user and deposit into our
current accounts and subsequent transfer to the client’s accounts either on the same day or on the next working day. We believe
that our network of more than 42,000 touch points and a wide network of bank accounts with various banks across the country,
allows us to offer a unique value proposition to our clients, especially private sector and foreign banks, with limited branch
networks.

Cash processing: As an integrated RCM service provider, we also offer value added cash processing services to our clients.
These primarily are in the nature of our trained executives sorting the notes into categories such as soiled, mutilated, fit,
issuable, counterfeit, ATM-ready bundles, etc.

Cash Vans / Cash in transit: We also offer specially fabricated armoured vans, on long term or ad-hoc hire for movement of
cash or bullion within our client’s network.

Other value added services: We also offer man-behind counter and currency chest operations to large retail stores and banks.
As on July 31, 2021, we had 11 vaults, 16 strong rooms, and 28 safes.

Radiant Cash Management IPO Details
Expected IPO Opening Dates 2022
Expected IPO Closing Dates 2022
Price Band Update Soon
Approx Offer For Sale 30,125,000 Equity Shares
Approx Fresh issue Update Soon
Approx Total IPO size 60 Crore
Minimum bid (lot size) Update Soon
Face Value 1 INR Per Share
Retail Allocation 35%
NIBs 15%
QIBs 50%
Listing On NSE, BSE
Radiant Cash Management IPO Market Lot
Lot No of Shares Amount
Minimum Update Soon Update Soon Update Soon
Maximum Update Soon Update Soon Update Soon

Financial Record of the last year (In Millions)

Financial Period : 31-Mar-2021 (Restated Consolidated)
Total Assets : –
Total Revenue : –
Profit After Tax : –
Basic Earnings Per Share (EPS) FY2021 : – INR

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Radiant Cash Management IPO Allotment Date & Details

Allotment Date 2022
Initiation of refunds 2022
Transfer of shares to Demat accounts 2022
Listing Date 2022
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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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