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Radiant Cash Management Services IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 256.64 Cr. The company is based in Tamil Nadu and caters to Corporate Solutions sector. Iifl Securities , Motilal Oswal Investment Advisors , Yes Securities (India) are the merchant bankers of Radiant Cash Management Services IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 8th October 2021.
Radiant Cash Management Services IPO open date is 23rd December 2022 and close date is 27th December 2022. IPO Allotment Date is 30th December 2022 and Listing date is 4th January 2023.
IPO
Size:
₹ 256.64 Cr.
Avg IPO Size (Sector Based)
: ₹
697.45 cr.
Sector: Corporate Solutions
IPO so far:
14
Merchant Banker:
Iifl Securities
IPO by BRLM so far:
91
City:
Tamil Nadu
IPO so far:
2
Revenue (annualised):
₹
337.52
cr. 
PE
Ratio:
17.34x
Average Sector PE Ratio: 20.56x
Radiant Cash Management Services IPO size is ₹ 256.64 Cr. with IPO price of ₹ 94.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Iifl Securities Limited is the book-running lead manager of the Radiant Cash Management Services IPO. Link Intime India Private Limited is the Registrar for Radiant Cash Management Services IPO.
Radiant Cash Management Services IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Radiant Cash Management Services IPO, based in Tamil Nadu, operates in the Corporate Solutions sector with a focus on integrated cash logistics player leading the RCM segment. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. Radiant Cash Management Services IPO size is ₹ 256.64 Cr. with fresh issue size of ₹ 54.00 Cr. and Offer for sale being ₹ 202.64Cr.
The IPO allotment date for Radiant Cash Management Services IPO is expected to be 30th December 2022, after the finalization of basis of allotment. Investors can check Radiant Cash Management Services IPO allotment status on the registrars website, Link Intime India Private Limited . Radiant Cash Management Services IPO refund dates are 2nd January 2023.
Radiant Cash Management Services IPO is expected to be listed on 4th January 2023.
The upper price band for the Radiant Cash Management Services IPO is set at ₹ 94.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Radiant Cash Management Services IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Radiant Cash Management Services IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 27th December 2022. After submission, funds are blocked until the basis of allotment of Radiant Cash Management Services IPO is finalised.
The merchant banker for Radiant Cash Management Services IPO is Iifl Securities Limited , Motilal Oswal Investment Advisors Limited , Yes Securities (India) Limited . Iifl Securities Limited , Motilal Oswal Investment Advisors Limited , Yes Securities (India) Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Radiant Cash Management Services IPO RHP for further details.
The registrar for Radiant Cash Management Services IPO is Link Intime India Private Limited . Investors can go to Link Intime India Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Radiant Cash Management Services IPO through their official website or helpline.
Radiant Cash Management Services IPO was subscribed 0.53 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 256.64 Cr.
Avg IPO Size (Sector Based)
:
₹ 697.45 Cr.
Sector: Corporate Solutions
IPO so far:
14
Merchant Banker:
Iifl Securities
IPO by BRLM so far:
91
City:
Tamil Nadu
IPO so far:
2
Revenue (annualised):
₹ 336.20 cr.
PE
Ratio:
17.34x
Average Sector PE Ratio: 20.56x
Radiant Cash Management Services IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Radiant Cash Management Services Financial Review Page
Merchant Banker(s) of Radiant Cash Management Services IPO: Iifl Securities Limited , Motilal Oswal Investment Advisors Limited , Yes Securities (India) Limited
Radiant Cash Management Services IPO subscription was 0.53 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Radiant Cash Management Services IPO listed at a listing price of 104.70 against the offer price of 94.00.
The current market price of Radiant Cash Management Services is 66.14.
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