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

Radiant Cash Management IPO Details: Radiant Cash Management IPO date is fixed, the IPO is to hit the market on December 23 and will close on December 27. Radiant Cash Management IPO to raise around ₹387 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.

Important Details

• 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)

• May Apply

Brokerage Firm IPO Review

• Marwadi Shares: Apply
• Choice Broking: May Apply
• Reliance Securities: Apply
• Ventura Securities: Apply

Radiant Cash Management IPO Date & Price Band Details

Radiant Cash Management IPO Market Lot

The Radiant Cash Management IPO minimum market lot is 150 shares with ₹14,850 application amount. The retail investors can apply up-to 13 lots with 1950 shares or ₹193,050 amount.

Radiant Cash Management IPO Allotment & Listing Dates

The Radiant Cash Management IPO date is December 23 and the close date is December 27. The Radiant Cash Management IPO allotment will be finalized on December 30 and the IPO listing on January 3.

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

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.

Peer Group

• SIS Limited

Company Promoters

• 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 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

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]
Website: https://radiantcashservices.com/

Radiant Cash Management IPO FAQs