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Radiant Cash Management Services Limited IPO Subscription Status

📅Offer Date: 23 Dec 2022 – 27 Dec 2022

Minimum investment
₹14,850150 shares
View IPO details

Data sourced from BSE & NSE · Last updated

Total0.53x
QIB1.01x
NII0.66x
Retail0.21x

Radiant Cash Management Services Limited IPO was subscribed 0.53x in total when bidding closed on 27 Dec 2022, with 1.01x in the QIB category, 0.66x in NII, 0.21x in retail. The issue ran from 23 Dec 2022 to 27 Dec 2022 at a price band of ₹94.00–₹99.00 per share.

QIB1.01xNII0.66xRetail0.21xTotal0.53x1×

Times subscribed by category against the 1× line.

1
≈ 1 in 1 retail allotment
high allotment chance

Based on retail subscription (0.21x). Final allotment decided by registrar's computerised lottery.

Subscription Details (No. of Shares)

CategoryOfferAppliedTimes
QIBs78,37,12179,15,4921.01x
NIIs58,77,84138,79,3750.66x
SNIIs (<10L)19,59,2811,76,3350.09x
BNIIs (>10L)39,18,56036,83,4460.94x
Retail1,37,14,96328,80,1420.21x
Total2,74,29,9251,45,37,8600.53x

Subscription in Crores (₹Cr)

CategoryOfferedDemandTimes
QIBs77.5978.361.01x
NIIs58.1938.410.66x
Retail135.7828.510.21x
Total271.56145.280.53x

Values derived from share count × issue price (₹99.00)

What this means for allotment & listing

Because Radiant Cash Management Services Limited closed undersubscribed, allotment follows the applicable category and exchange rules. A high subscription figure reflects strong demand but does not guarantee a premium listing, and a low figure does not guarantee a discount. This page is for information only and is not investment advice.

BSE, NSE listed · Bidding data sourced from BSE & NSE under SEBI ICDR regulations.

Radiant Cash Management Services Limited IPO subscription FAQs