Tuesday, May 7, 2024

Radiant Cash Management IPO Date, Review, Price, Allotment, Analysis – IPO Watch


Radiant Cash Management IPO Details: Radiant Cash Management IPO date just isn’t fastened but, the IPO is to hit the market in December 2022 as per the market speculations. Radiant Cash Management IPO to boost round ₹[.] crores by way of IPO that includes contemporary subject of ₹60 crores and provide on the market as much as 30,125,000 fairness shares of ₹1 every. The retail quota is 35%, QIB is 50%, and HNI is 15%.

Radiant Cash Management Services Limited (RCMS) was based by Colonel David Devasahayam in 2005. They are a market chief within the retail money administration (RCM) section. They are one of many largest gamers within the RCM section by way of community areas or touchpoints served and on income or profitability as of Fiscal 2021 (Source: F&S Report).

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Radiant Cash Management supplies its companies throughout 12,150 pin codes in India masking all districts (aside from Lakshadweep) with greater than 42,420 touchpoints serving greater than 4,700 areas as of July 31, 2021. Their consumer base contains the most important international, non-public, and public sector banks, and the end-user of our companies embody a few of the largest e-commerce corporations, retail chains, NBFCs, insurance coverage corporations, e-commerce logistics gamers, railways, and retail petroleum distribution shops. The key consumer identify contains Axis Bank Limited, Citibank, Deutsche Bank Limited, HDFC Bank Limited, ICICI Bank Limited, Kotak Mahindra Bank, Standard Chartered Bank, State Bank of India, The Hongkong and Shanghai Banking Corporation Limited, and Yes Bank Limited.

Important Details

  • Market chief in retail money administration (RCM) section.
  • Serving 12,150 pin codes in India masking all districts (aside from Lakshadweep) with greater than 42,420 touchpoints serving greater than 4,700 location.
  • Have a few of the large names of their consumer listing.

Radiant Cash Management IPO Review (Apply or Not)

Brokerage Firm IPO Review

  • Capital Market: To be up to date quickly
  • Religare Broking: To be up to date quickly
  • Hem Securities: To be up to date quickly
  • Arihant Capital: To be up to date quickly

Radiant Cash Management IPO Date & Price Band Details

IPO Open: December, 2022
IPO Close: December, 2022
IPO Size: Approx ₹[.] Crores
Fresh Issue: Approx ₹60 Crores
Offer for Sale: Approx 30,125,000 shares
Face Value: ₹1 Per Equity Share
IPO Price Band: ₹[.] to ₹[.] Per Share
IPO Listing on: BSE & NSE
Retail Quota: 35%
QIB Quota: 50%
 NII Quota: 15%
Discount: N/A
DRHP Draft Prospectus: Click Here
RHP Draft Prospectus: Click Here
Anchor Investors List: Click Here

Radiant Cash Management IPO Market Lot

The Radiant Cash Management IPO minimal market lot is [.] shares with ₹[.] software quantity. The retail buyers can apply up-to 13 tons with [.] shares or ₹[.] quantity.

Application Lot Size Shares Amount
Retail Minimum 1 ₹-
Retail Maximum 13 ₹-
S-HNI Minimum 14 ₹-
B-HNI Minimum 68 ₹-

Radiant Cash Management IPO Allotment & Listing Dates

The Radiant Cash Management IPO date is December 2022 and the shut date is December 2022. The Radiant Cash Management IPO allotment might be finalized on December 2022 and the IPO itemizing on December 2022.

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Price Band Announcement: December 2022
Anchor Investors Allotment: December 2022
IPO Open Date: December 2022
IPO Close Date: December 2022
Basis of Allotment: December 2022
Refunds: December 2022
Credit to Demat Account: December 2022
Radiant Cash Management IPO Listing Date: December 2022

You can test IPO subscription standing and IPO allotment standing on their respective pages.

Radiant Cash Management IPO Form

How to use for the Radiant Cash Management IPO? You can apply for Radiant Cash Management IPO by way of ASBA obtainable in your checking account. Just go to the net financial institution login and apply by way of your checking account by choosing the Radiant Cash Management IPO within the Invest part. The different possibility is you may apply for Radiant Cash Management IPO by way of IPO varieties downloaded by way of NSE and BSE. Check out the Radiant Cash Management varieties – Click BSE Forms & NSE Forms clean IPO varieties obtain, fill, and submit in your financial institution or along with your dealer.

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Radiant Cash Management Company Financial Report

  ₹ in Crores
Year Revenue Expense PAT
2020 ₹252 ₹202 ₹36.50
2021 ₹224 ₹179 ₹32.43
2022 3M ₹60 ₹50 ₹7.44

Radiant Cash Management IPO Valuation – FY2021

Check Radiant Cash Management IPO valuations element like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) particulars.

Earning Per Share (EPS): ₹3.20 per Equity Share
Price/Earning P/E Ratio: N/A
Return on Net Worth (RoNW): 25.52%
Net Asset Value (NAV): ₹12.55 per Equity Share

Peer Group

  • Col. David Devasahayam
  • Dr Renuka David

Radiant Cash Management IPO Registrar

Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in/

Radiant Cash Management IPO Allotment Status Check

Check Radiant Cash Management IPO allotment standing on Linkintime web site allotment URL. Click Here

Radiant Cash Management IPO Lead Managers

  • IIFL Securities Ltd
  • Motilal Oswal Investment Advisors Pvt Ltd
  • YES Bank Limited

Company Address

Radiant Cash Management Services Limited
28, Vijayaraghava Road,
T. Nagar, Chennai 600 017,
Tamil Nadu, India
Phone: +91 044 4904 4904
Email: [email protected]tcashlogistics.com
Website: https://radiantcashservices.com/

Radiant Cash Management IPO FAQs

What is Radiant Cash Management IPO?

Radiant Cash Management IPO is a main-board IPO. They are going to elevate ₹[.] Crores by way of IPO. The subject is priced at ₹[.] to ₹[.] pr fairness share. The IPO is to be listed on BSE & NSE.

When Radiant Cash Management IPO will open?

The IPO is to open on December, 2022 for QIB, NII, and Retail Investors.

What is Radiant Cash Management IPO Investors Portion?

The buyers’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

How to Apply the Radiant Cash Management IPO?

You can apply for Radiant Cash Management IPO by way of ASBA on-line by way of your checking account. You can even apply for ASBA on-line by way of UPI by your inventory brokers. You can even apply by way of your inventory brokers by filling up the offline kind.

How to Apply the Radiant Cash Management IPO by Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Radiant Cash Management”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Radiant Cash Management IPO by Upstox?

Log in to the Upstox Application along with your credentials. Select the IPO. You will see the IPO Name “Radiant Cash Management”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Radiant Cash Management IPO by Paytm Money?

Log in to Paytm Money Application along with your credentials. Select the IPO. You will see the IPO Name “Radiant Cash Management”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is Radiant Cash Management IPO Size?

Radiant Cash Management IPO measurement is ₹[.] crores.

What is Radiant Cash Management IPO Price Band?

Radiant Cash Management IPO Price Band is ₹[.] to ₹[.].

What is Radiant Cash Management IPO Minimum and Maximum Lot Size?

The minimal bid is [.] Shares with ₹[.] quantity whereas the utmost bid is [.] shares with ₹[.].

What is the Radiant Cash Management IPO Allotment Date?

Radiant Cash Management IPO allotment date is December, 2022.

What is the Radiant Cash Management IPO Listing Date?

Radiant Cash Management IPO itemizing date is December, 2022. The IPO is to listing on BSE and NSE.

Note: The Radiant Cash Management IPO value band and date will not be formally introduced but. The IPO gray market premium (Radiant Cash Management IPO Premium) might be added to the IPO gray market web page as it is going to begin).

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– Source : IPOWATCH

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