Sun. Jan 29th, 2023


Radiant Cash Management IPO Details: Date of IPO of Radiant Cash Management it’s still not fixed, the IPO is it hit the market in December 2022 according to market speculation. IPO of Radiant Cash Management to raise around ₹[.] million dollars via IPO comprising a fresh issue of ₹60 crore and an offer for sale of up to 30,125,000 equity shares of ₹1 each. The retail share 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 revenue or profitability as of FY2021 (Source: F&S Report).

Radiant Cash Management services 12,150 PINs across India covering all districts (except Lakshadweep) with over 42,420 touch points serving over 4,700 locations as on 31 July 2021. Its base of clients include the largest public, private and foreign sectors. Banks and end user of our services include some of the largest e-commerce companies, retail chains, NBFCs, insurance companies, e-commerce logistics agents, railways and petroleum retail distribution points. The key customer 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.

Important details

  • Market leader in the Retail Cash Management (RCM) segment.
  • Offers 12,150 PINs across India covering all districts (except Lakshadweep) with over 42,420 touch points serving over 4,700 locations.
  • You have some big names on your client list.

Radiant Cash Management IPO Review (apply or not)

Brokerage Firm IPO Review

  • Capital market: Will update soon
  • Religare Broking: Will update soon
  • Hem Securities: Will update soon
  • Capital of Arihant: Will update soon

Radiant Cash Management IPO date and price band details

IPO Open: December, 2022
Closing of the IPO: December, 2022
IPO Size: Approx ₹[.] Crores
New Topic: Approx 60 million rubles
Sales offer: Approx 30,125,000 shares
Apparent value: ₹1 Per share of capital
IPO Price Range: ₹[.] to ₹[.] by action
IPO listing at: BSE and NSE
Retail Quota: 35%
QIB quota: 50%
NII quota: 15%
Discount: N/A
DRHP Prospectus Draft: Click here
RHP Draft Prospectus: Click here
List of Anchor Investors: Click here

Radiant Cash Management IPO Market Lot

The minimum market lot of Radiant Cash Management’s IPO is [.] shares with ₹[.] amount of the request. Retail investors can apply for up to 13 lots with [.] shares or ₹[.] amount

application Lot size Shares Amount
Minimal retail 1 ₹-
Maximum in detail 13 ₹-
S-HNI Minimum 14 ₹-
B-HNI Minimum 68 ₹-

Radiant Cash Management IPO allocation and listing dates

Radiant Cash Management’s IPO date is December 2022 and the closing date is December 2022. Radiant Cash Management’s IPO allotment will be completed in December 2022 and the IPO price at stock market in December 2022.

Price Band Announcement: December 2022
Allocation of anchor investors: December 2022
IPO opening date: december 2022
IPO closing date: December 2022
Award basis: December 2022
Refunds: December 2022
Demat Account Credit: December 2022
Radiant Cash Management IPO listing date: December 2022

You can check IPO subscription status i IPO award status on their respective pages.

Radiant Cash Management IPO form

How to apply for Radiant Cash Management’s IPO? You can apply for Radiant Cash Management IPO through ASBA available in your bank account. Just go to your online banking 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 an IPO of Radiant Cash Management using IPO forms downloaded through NSE and BSE. View Radiant Cash Management forms: Click EEB forms & NSE forms Download, fill out and submit blank IPO forms to your bank or broker.

Financial Report of Radiant Cash Management Company

₹ in Crores
course income expense PAT
2020 ₹252 ₹202 ₹ 36.50
2021 ₹224 ₹179 ₹ 32.43
2022 3M ₹60 ₹50 ₹ 7.44

Radiant Cash Management IPO Valuation – Fiscal Year 2021

Check Radiant Cash Management IPO valuation details including earnings per share (EPS), price/earnings P/E ratio, return on equity (RoNW) and net asset value details ( NAV).

Earnings per share (EPS): ₹3.20 per capital share
Price/Earnings P/E ratio: N/A
Return on equity (RoNW): 25.52%
Net asset value (NAV): ₹12.55 per capital share

peer group

  • Colonel David Devasahayam
  • Dr. Renuka David

Radiant Cash Management IPO registration

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

Radiant Cash Management IPO allocation status check

Check the allocation status of Radiant Cash Management IPO at Linkintime website allocation URL. Click here

Radiant Cash Management Lead IPO 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
Telephone: +91 044 4904 4904
E-mail: [email protected]
Website: https://radiantcashservices.com/

Frequently asked questions about Radiant Cash Management’s IPO

What is Radiant Cash Management IPO?

Radiant Cash Management IPO is a main board IPO. They are going to increase ₹[.] Crores via OPI. The point is priced at ₹[.] to ₹[.] for share of capital. The IPO must be listed on EEB and NSE.

When will Radiant Cash Management’s IPO open?

The IPO will open December, 2022 for QIBs, NIIs and retail investors.

What is Radiant Cash Management IPO Investors Part?

The part of the investors for QIB is 50%, NII is 15%i Retail is 35%.

How to apply Radiant Cash Management IPO?

You can apply for a Radiant Cash Management IPO through ASBA online through your bank account. you can too apply for ASBA online through UPI through your stock brokers. You can also apply through your stockbrokers by filling the offline form.

How to Apply Radiant Cash Management IPO through Zerodha?

Log in to the console on the Zerodha website or app. Go to Wallet and click on IPO. You will see the name of the IPO “Radiant Cash Management”. Click the offer button. Enter your UPI ID, quantity and price. Submit the IPO application form. Now go to your UPI app in Net Banking or BHIM app to approve the mandate. Open a Demat account with Zerodha.

How to Apply Radiant Cash Management IPO through Upstox?

Log in to the Upstox app with your credentials. Select the IPO. You will see the name of the IPO “Radiant Cash Management”. Click the offer button. Confirm your request. Now go to your UPI app in Net Banking or BHIM app to approve the mandate. Open a Demat account with Upstox.

How to apply Radiant Cash Management IPO through Paytm Money?

Login to Paytm Money app with your credentials. Select the IPO. You will see the name of the IPO “Radiant Cash Management”. Click the offer button. Confirm your request. Now go to your UPI app in Net Banking or BHIM app to approve the mandate. Open a Demat account with Paytm Money.

How big is Radiant Cash Management’s IPO?

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 the minimum and maximum lot size of Radiant Cash Management IPO?

The minimum bid is [.] Shares with ₹[.] amount as long as it is the maximum bid [.] shares with ₹[.].

What is Radiant Cash Management’s IPO allotment date?

The Radiant Cash Management IPO award date is December, 2022.

What is the Radiant Cash Management IPO listing date?

Radiant Cash Management’s IPO listing date is December, 2022. The IPO must be listed on the ESB and the ENE.

Note: Radiant Cash Management’s price band and IPO date have not yet been officially announced. The gray market premium of the IPO (Radiant Cash Management IPO Premium) will be added to the Gray market IPO page as it will begin).

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