Radiant Cash Management IPO Details: Radiant Cash Management IPO date It is not yet certain that the IPO is pending Coming to market in December 2022 after market speculation. Radiant Cash Management IPO to increase by about ₹[.] crores over IPO this includes a reissue of ₹60 crores and an offer to sell up to 30,125,000 shares at ₹1 each. That Retail rate is 35%QIB is 50% and HNI is 15%.
Radiant Cash Management Services Limited (RCMS) was founded in 2005 by Colonel David Devasahayam. you 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 in terms of revenue or profitability as of fiscal year 2021 (Source: F&S Report).
Radiant Cash Management offers its services through 12,150 PIN codes in India covering all districts (except Lakshadweep) with 42,420+ touchpoints serving 4,700+ locations as of 31st July 2021. Their client base includes the largest foreign private and public sector banks and end users of our services include some of the largest e-commerce companies, retail chains, NBFCs, insurance companies, e-commerce logisticians, railways and petroleum distributors. That contains key client name 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 leader in the Retail Cash Management (RCM) segment.
- Serves 12,150 PIN Codes in India covering all districts (except Lakshadweep) with 42,420+ touch points serving 4,700+ locations.
- Have some of the big names in their client list.
Radiant Cash Management IPO Review (To Apply or Not)
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Radiant Cash Management IPO Date and Price Band Details
| IPO open: | December 2022 |
| Close IPO: | 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 range: | €[.] up to €[.] per share |
| Stock exchange listing on: | BSE & NSE |
| Retail Quota: | 35% |
| QIB quota: | 50% |
| NII rate: | fifteen% |
| Discount: | N / A |
| DRHP prospectus draft: | Click here |
| RHP prospectus draft: | Click here |
| List of anchor investors: | Click here |
Radiant Cash Management IPO marketless
Radiant Cash Management’s minimum IPO market lot is [.] Shares with ₹[.] application amount. Small investors can apply with up to 13 lots [.] shares or ₹[.] Crowd.
| application | batch size | shares | Crowd |
| retail minimum | 1 | – | €- |
| retail maximum | 13 | – | €- |
| S-HNI minimum | 14 | – | €- |
| B-HNI minimum | 68 | – | €- |
Radiant Cash Management IPO grant and listing dates
Radiant Cash Management’s IPO date is December 2022 and the closing date is December 2022. Radiant Cash Management’s IPO grant will close in December 2022 and IPO listing will close in December 2022.
| Price range announcement: | December 2022 |
| Allocation for anchor investors: | December 2022 |
| IPO opening date: | December 2022 |
| IPO Closing Date: | December 2022 |
| Allocation basis: | December 2022 |
| Refunds: | December 2022 |
| Credit to Demat account: | December 2022 |
| Radiant Cash Management IPO Listing Date: | December 2022 |
You can check the IPO subscription status and IPO allotment status on the respective pages.
Radiant Cash Management IPO Form
How do I apply for Radiant Cash Management’s IPO? You can apply for Radiant Cash Management’s IPO through ASBA available in your bank account. Just go to the online bank login and apply through your bank account by selecting Radiant Cash Management IPO in the Invest section. The other option is that you can apply for Radiant Cash Management IPO through IPO forms downloaded through NSE and BSE. View Radiant Cash Management Forms – Click on BSE Forms and NSE Forms. Blank IPO forms can be downloaded, filled out and submitted to your bank or broker.
Financial Report of Radiant Cash Management Company
| ₹ in crores | |||
| Year | revenue | expenditure | BEAT |
| 2020 | £252 | €202 | ₹36.50 |
| 2021 | £224 | £179 | £32.43 |
| 2022 3M | €60 | ₹50 | ₹7.44 |
Radiant Cash Management IPO Rating – FY2021
Check out Radiant Cash Management’s IPO valuation details such as:
| Earnings per share (EPS): | ₹3.20 per common share |
| Price-Earnings-P/E: | N / A |
| Return on Net Worth (RoNW): | 25.52% |
| Net Asset Value (NAV): | £12.55 per common share |
peer group
- Col. David Devasahayam
- dr Renuka David
Radiant Cash Management IPO Registrar
Link Intimate India Private Ltd
Telephone: +91-22-4918 6270
E-mail: [email protected]
Website: https://linkintime.co.in/
Checking Radiant Cash Management’s IPO allotment status
Check the Radiant Cash Management IPO allotment status on the Linkintime website allotment URL. Click here
Radiant Cash Management IPO Lead Manager
- IIFL Securities Ltd
- Motilal Oswal Investment Adviser Pvt Ltd
- JA Bank Limited
company address
Radiant Cash Management Services Limited
28, Vijayaragava Street,
T.Nagar, Chennai 600 017,
Tamil Nadu, India
Telephone: +91 044 4904 4904
E-mail: [email protected]
Website: https://radiantcashservices.com/
Frequently asked questions about the Radiant Cash Management IPO
What is Radiant Cash Management IPO?
Radiant Cash Management IPO is a motherboard IPO. You will raise ₹[.] Crores over IPO. The issue costs ₹[.] up to €[.] per equity share. The IPO is to be listed on the BSE & NSE.
When will Radiant Cash Management’s IPO open?
The IPO is scheduled to open in December 2022 for QIB, NII and retail investors.
What is Radiant Cash Management’s IPO investor share?
The investor share is 50% for QIB, 15% for NII and 35% for Retail.
How do I apply the Radiant Cash Management IPO?
You can apply for Radiant Cash Management IPO through ASBA online through your bank account. You can also apply for ASBA online through UPI through your stockbroker. You can also apply through your stockbroker by filling out the offline form.
How to Apply Radiant Cash Management IPO via Zerodha?
Log in to the console on the Zerodha website or application. Go to Portfolio and click IPO. You will see the IPO name “Radiant Cash Management”. Click on the 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 a Demat account with Zerodha.
How to Apply Radiant Cash Management IPO via Upstox?
Login to the Upstox application with your credentials. Select the IPO. You will see the IPO name “Radiant Cash Management”. Click on the bid button. Confirm your application. Now go to your UPI app on Net Banking or BHIM app to approve the mandate. Open a demat account with Upstox.
How to Apply Radiant Cash Management IPO via Paytm Money?
Log in to the Paytm Money application with your credentials. Select the IPO. You will see the IPO name “Radiant Cash Management”. Click on the bid button. Confirm your application. Now go to your UPI app on Net Banking or BHIM app to approve the mandate. Open a Demat account with Paytm Money.
What is Radiant Cash Management’s IPO size?
Radiant Cash Management IPO size is ₹[.] Millions.
What is Radiant Cash Management’s IPO price band?
Radiant Cash Management IPO price range is ₹[.] up to €[.].
What is the minimum and maximum lot size of Radiant Cash Management IPO?
The minimum bid is [.] Shares with ₹[.] Amount while is the max bid [.] Shares with ₹[.].
What is Radiant Cash Management’s IPO grant date?
Radiant Cash Management’s IPO grant date is December 2022.
What is Radiant Cash Management’s IPO listing date?
Radiant Cash Management’s IPO listing date is December 2022. The IPO is scheduled to be listed on BSE and NSE.
Note: The Radiant Cash Management IPO price range and IPO date has not yet been officially announced. The IPO gray market premium (Radiant Cash Management IPO Premium) will be added to the launch on the IPO gray market page).
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