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|
|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 (₹)|
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
Radiant Cash Management IPO Reviews
Angel Broking – Update Soon
Radiant Cash Management IPO Allotment Date & Details
|Initiation of refunds||02-Jan-2022|
|Transfer of shares to Demat accounts||03-Jan-2022|
|Check Allotment Status||Click here|
Registrar of Radiant Cash Management IPO
Link Intime India Private Ltd
C 101, 247 Park, L.B.S.Marg,
Vikhroli (West), Mumbai – 400083
Email: [email protected]
Phone: +91-22-4918 6270
Fax: +91-22-4918 6060
Radiant Cash Management Contact Details
4/3 Raju Nagar, First Street,
Old Mahabalipuram Road,
Chennai 600 096,
Tamil Nadu, India;
Contact Person: Ms. Jaya Bharathi Karumuri,
Tel: +91 044 4904 4904
E-mail: [email protected];
Radiant Cash Management IPO Lead Managers
IIFL Securities Limited
Motilal Oswal Investment Advisors Limited
YES Securities (India) Limited