Radiant Cash Management Services Limited

Radiant Cash Management Services Limited

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₹14,850(150 Shares)

Minimum Investment

IPO Dates

Dec 23, 2022 – Dec 27, 2022

Price Band

₹94–99 per equity share

Lot Size

150

Listing

Jan 4, 2023

Listing At

BSE, NSE

Dec 23, 2022Open DateCompleted
Dec 27, 2022Close DateCompleted
TBAAllotment DateUpcoming
Jan 4, 2023Listing DateCompleted

Radiant Cash Management Services Limited Live Subscription Details

All IPOs
QIB1.01x
Retail0.21x
NIIs
0.66x

NII Sub-Categories

sHNI (< ₹10L)

Bids ₹2L to ₹10L

0.09x

bHNI (> ₹10L)

Bids above ₹10L

0.94x

Overall Subscription

Total Bids Received

0.53x

Radiant Cash Management Services Limited IPO Issue Details

Issue Price
₹94-99 Per Equity Share
Face Value
₹1 Per Equity Share
Listing At
BSE, NSE
Listing Date
Jan 4, 2023

Market Lot Details

CategoryLotsSharesAmount
Retail (Min)1150₹14,850
Retail (Max)131,950₹1,93,050
sHNI (Min)142,100₹2,07,900
sHNI (Max)6710,050₹9,94,950
bHNI (Min)6810,200₹10,09,800

Company Information

Incorporated in 2005, Radiant Cash Management Services Limited is the market leader in retail cash management services for banks, financial institutions, and organized retail and e-commerce companies ...

Valuations

RoNW

27.34%

Financial Information (₹ in Crores)

MetricFY 22FY 21FY 20FY 19
Total Assets190.57162.14157.62141.44
Total Revenue286.97224.16251.78223.13
Profit After Tax38.2132.4336.525.02
Net Worth

* All figures are in ₹ Crores unless otherwise stated.

Objectives of the Issue

  1. 1Funding working capital requirements.
  2. 2Funding of capital expenditure requirements for the purchase of specially fabricated armoured vans.
  3. 3General corporate purposes.

Radiant Cash Management Services Limited – Promoter(s)

Col. David Devasahayam
Dr Renuka David

Contact Details

Radiant Cash Management Services Limited IPO Documents

Frequently Asked Questions — Radiant Cash Management Services Limited IPO

The Radiant Cash Management Services Limited IPO price band is set at ₹94.00 to ₹99.00 per equity share.

The lot size for Radiant Cash Management Services Limited IPO is 150 shares per lot. The minimum investment amount is approximately ₹14,850.

The Radiant Cash Management Services Limited IPO opens on Dec 23, 2022 and closes on Dec 27, 2022.

Radiant Cash Management Services Limited IPO is expected to be listed on Jan 4, 2023 on BSE, NSE.

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