Check out Radiant Cash Management IPO GMP aka IPO Grey Market Premium, Kostak rates, and Subject to Sauda rates as of today. Radiant Cash Management IPO GMP started but on a lower side. Stay tuned for the latest IPO GMP numbers of Radiant Cash Management IPO.
Radiant Cash Management IPO is to open on December 23. The company is to raise ₹387 crores via IPO which comprises a fresh issue of ₹60 crores and an offer for sale of up to 30,125,000 equity shares from promoters. 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). The company reported revenue of ₹224 crores in 2021 against revenues of ₹252 crores in 2020. The IPO price band is fixed at ₹94 to ₹99 Per Equity Share. The Radiant Cash Management IPO to list on NSE and BSE.
What is Radiant Cash Management IPO GMP Today?
The Radiant Cash Management IPO GMP aka Grey Market Premium is ₹3.
What is Radiant Cash Management IPO Kostak Rates Today?
The Radiant Cash Management IPO Kostak Rate is ₹-.
What is Radiant Cash Management IPO Subject to Sauda Price Today?
The Radiant Cash Management IPO subject to sauda rates is ₹-.
Radiant Cash Management IPO Expected Returns?
The Radiant Cash Management expected return is 1%.
Radiant Cash Management IPO GMP Live Rates day by day with Kotak rates.
| Date | GMP | Kostak | Subject to |
| 4 January | ₹3 | ₹- | ₹- |
| 2 January | ₹3 | ₹- | ₹- |
| 31 December | ₹3 | ₹- | ₹- |
| 30 December | ₹3 | ₹- | ₹- |
| 29 December | ₹3 | ₹- | ₹- |
| 28 December | ₹3 | ₹- | ₹- |
| 27 December | ₹3 | ₹- | ₹- |
| 26 December | ₹3 | ₹- | ₹- |
| 25 December | ₹3 | ₹- | ₹- |
| 24 December | ₹3 | ₹- | ₹- |
| 23 December | ₹3 | ₹- | ₹- |
| 22 December | ₹- | ₹- | ₹- |
| 21 December | ₹- | ₹- | ₹- |
| 20 December | ₹- | ₹- | ₹- |
| 19 December | ₹- | ₹- | ₹- |
Radiant Cash Management IPO Date & Price Band Details
| IPO Open: | December 23, 2022 |
| IPO Close: | December 27, 2022 |
| IPO Size: | Approx ₹387 Crores |
| Fresh Issue: | Approx ₹60 Crores |
| Offer for Sale: | Approx 30,125,000 shares |
| Face Value: | ₹1 Per Equity Share |
| IPO Price Band: | ₹94 to ₹99 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 |
Radiant Cash Management IPO Market Lot
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 150 | ₹14,850 |
| Retail Maximum | 13 | 1950 | ₹193,050 |
| S-HNI Minimum | 14 | 2100 | ₹207,900 |
| B-HNI Minimum | 68 | 10200 | ₹10,09,800 |
Radiant Cash Management IPO Allotment & Listing Dates
| Price Band Announcement: | December 19, 2022 |
| Anchor Investors Allotment: | December 22, 2022 |
| IPO Open Date: | December 23, 2022 |
| IPO Close Date: | December 27, 2022 |
| Basis of Allotment: | December 30, 2022 |
| Refunds: | January 2, 2023 |
| Credit to Demat Account: | January 3, 2023 |
| Radiant Cash Management IPO Listing Date: | January 4, 2023 |
Radiant Cash Management IPO GMP aka Grey Market Premium FAQs:
What is Radiant Cash Management IPO GMP Today?
What is Radiant Cash Management IPO Kostak Rate Today?
What is Radiant Cash Management IPO Subject to Sauda Today?
What is Radiant Cash Management IPO Expected Returns?
Disclaimer:
- IPO Grey Market Premium (Radiant Cash Management IPO GMP) mention is valid for the specific date as mentioned in the header.
- We are not buying and selling IPO forms on IPO Grey Market.
- Kostak Rate is the premium one gets by selling his/her IPO application (in an off-market transaction) to someone else even before allotment or listing of the issue.
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