Radiant Cash Management Services IPO Subscription Status [ Final ]

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.

Radiant Cash Management Services IPO Subscription Status Live ( Last updated on 27 Dec 2022 | 05:00:00 PM )

Day 1 (times) Day 2 (times) Day 3 (times)
QIB 0.05 0.16 0.98
NII 0.00 0.03 0.65
Retail 0.06 0.12 0.20
Total 0.04 0.11 0.52

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