Radiant Cash Management IPO Date, Review, Price, Allotment, Analysis – IPO Watch
Written by Lucky Wilson | KGTO Writer on December 15, 2022
Radiant Cash Management IPO Details: Radiant Cash Management IPO date is not fixed yet, the IPO is to hit the market in December 2022 as per the market speculations. Radiant Cash Management IPO to raise around ₹[.] crores via IPO that comprises fresh issue of ₹60 crores and offer for sale up to 30,125,000 equity shares of ₹1 each. The retail quota is 35%, QIB is 50%, and HNI is 15%.
Radiant Cash Management Services Limited (RCMS) was founded by Colonel David Devasahayam in 2005. They are a market leader in the retail cash management (RCM) segment. They are one of the largest players in the RCM segment in terms of network locations or touchpoints served and on revenue or profitability as of Fiscal 2021 (Source: F&S Report).
Radiant Cash Management provides its services across 12,150 pin codes in India covering all districts (other than Lakshadweep) with more than 42,420 touchpoints serving more than 4,700 locations as of July 31, 2021. Their client base includes the largest foreign, private, and public sector banks, and the end-user of our services include some of the largest e-commerce companies, retail chains, NBFCs, insurance firms, e-commerce logistics players, railways, and retail petroleum distribution outlets. The key client name includes 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.
- Market leader in retail cash management (RCM) segment.
- Serving 12,150 pin codes in India covering all districts (other than Lakshadweep) with more than 42,420 touchpoints serving more than 4,700 location.
- Have some of the big names in their client list.
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|
|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 minimum market lot is [.] shares with ₹[.] application amount. The retail investors can apply up-to 13 lots with [.] shares or ₹[.] amount.
Radiant Cash Management IPO Allotment & Listing Dates
The Radiant Cash Management IPO date is December 2022 and the close date is December 2022. The Radiant Cash Management IPO allotment will be finalized on December 2022 and the IPO listing 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|
|Credit to Demat Account:||December 2022|
|Radiant Cash Management IPO Listing Date:||December 2022|
You can check IPO subscription status and IPO allotment status on their respective pages.
Radiant Cash Management IPO Form
How to apply for the Radiant Cash Management IPO? You can apply for Radiant Cash Management IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Radiant Cash Management IPO in the Invest section. The other option is you can apply for Radiant Cash Management IPO via IPO forms downloaded via NSE and BSE. Check out the Radiant Cash Management forms – Click BSE Forms & NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.
Radiant Cash Management Company Financial Report
|₹ in Crores|
Radiant Cash Management IPO Valuation – FY2021
Check Radiant Cash Management IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
|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|
- Col. David Devasahayam
- Dr Renuka David
Radiant Cash Management IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
Radiant Cash Management IPO Allotment Status Check
Check Radiant Cash Management IPO allotment status on Linkintime website allotment URL. Click Here
Radiant Cash Management IPO Lead Managers
- IIFL Securities Ltd
- Motilal Oswal Investment Advisors Pvt Ltd
- YES Bank Limited
Radiant Cash Management Services Limited
28, Vijayaraghava Road,
T. Nagar, Chennai 600 017,
Tamil Nadu, India
Phone: +91 044 4904 4904
Email: [email protected]
Radiant Cash Management IPO FAQs
What is Radiant Cash Management IPO?
Radiant Cash Management IPO is a main-board IPO. They are going to raise ₹[.] Crores via IPO. The issue is priced at ₹[.] to ₹[.] pr equity 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 investors’ 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 via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
How to Apply the Radiant Cash Management IPO through Zerodha?
How to Apply the Radiant Cash Management IPO through Upstox?
How to Apply the Radiant Cash Management IPO through Paytm Money?
What is Radiant Cash Management IPO Size?
Radiant Cash Management IPO size 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 minimum bid is [.] Shares with ₹[.] amount while the maximum 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 listing date is December, 2022. The IPO is to list on BSE and NSE.
Note: The Radiant Cash Management IPO price band and date are not officially announced yet. The IPO grey market premium (Radiant Cash Management IPO Premium) will be added to the IPO grey market page as it will start).
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