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 |
| 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
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