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).
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)
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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.
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.
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
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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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