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 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.
Can we Subscribe Radiant Cash Management IPO?
Avoid.
What is Radiant Cash Management IPO GMP Today?
The Radiant Cash Management IPO GMP Grey market premium is 6 Rs.
What is Radiant Cash Management IPO Kostak Rates Today?
The Radiant Cash Management IPO kostak rate is 0 Rs.
What is Radiant Cash Management IPO Subject to Sauda Price Today?
The Radiant Cash Management IPO subject to sauda rates is 0 Rs.
Radiant Cash Management IPO Expected Returns?
The Radiant Cash Management IPO expected return is 6%.
Radiant Cash Management IPO GMP Rates day by day.
| Date | GMP |
| 03 Jan | 6 Rs |
| 02 Jan | 4 Rs |
| 31 Dec | 4 Rs |
| 30 Dec | 6 Rs |
| 29 Dec | 5 Rs |
| 28 Dec | 5 Rs |
| 27 Dec | 3 Rs |
| 26 Dec | 2 Rs |
| 23 Dec | 0 Rs |
| 22 Dec | 0 Rs |
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 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 |
Radiant Cash Management IPO GMP FAQ Question
- What is Radiant Cash Management IPO GMP Today?
The Radiant Cash Management IPO GMP Grey market premium is 6 Rs.
- What is Radiant Cash Management IPO Kostak Rates Today?
The Radiant Cash Management IPO Kostak Rates is 0 Rs.
- What is Radiant Cash Management IPO Subject to Sauda Price Today?
The Radiant Cash Management IPO subject to sauda rates is 0 Rs.
- Radiant Cash Management IPO Expected Returns?
The Radiant Cash Management IPO expected return is 6%.
