Radiant Cash Management IPO Dates, Review, Price, Form, & Allotment 2022

Radiant Cash Management IPO

The market leader in retail cash management services company Radiant Cash Management IPO will be hit the market 23 December 2022 and closes on 27 December 2022. The Company has filed the RHP of this IPO. According to RHP, the company wants to raise ₹387.94 crore through IPO. The company will issue fresh shares of ₹60.00 crores through this IPO and will issue shares through offer for sale of ₹327.94 crores.

The company has reserved 50% for QIB, 15% for NII and 35% for Retail Investor in this IPO.

Radiant Cash Management Services Limited is the market leader in retail cash management (“RCM”) segment of the cash management services industry in India and are one of the largest players in the RCM segment in terms of network locations or touch points served asof March 31, 2022. You can check to know Radiant Cash Management IPO GMP here.

Read also: Upcoming IPO List 2022

The company provide services across 13,044 pin codes in India covering all districts (other than Lakshadweep) with about 55,513 touch points serving more than 5,388 locations as of July31, 2022. The company marquee clients include some of 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, ecommerce logistics players, railways and retailpetroleum distribution outlets.

The company operate our business across five verticals, namely 1) cash pick-up and delivery; 2) networkcurrency management(also known as cash burial in industry parlance); 3) cash processing; 4) cash vans /cash in transit and 5) other value added services. you can check to know Radiant Cash Management IPO Subscription Status here.

Object Of the Issue :

  • Funding working capital requirements
  • Funding of capital expenditure requirements for purchase of specially fabricated armoured vans
  • General corporate purpose

Company Strengths :

  • Leading integrated cash logistics player in a consolidating industry present across the value chain of retail cash management.
  • Pan India presence with strong network in Tier 2 and Tier 3+ locations and fast growing end user segments.
  • Diversified client base with long standing relationship and ability to cross-sell value added services.
  • Robust Operational Risk Management.
  • Significantly built up technology to optimise operational profitability.
  • Experienced management team and backed by a reputed institutional investor.

Radiant Cash Management IPO Review :

DetailsValuation
PAT 2022 :₹38.21 Cr (March 2022)
Issue Price :₹99/ EQ (Cut Off)
EPS 2022 :₹3.77 (March 2022)
PE Ratio :26.25 (PE Approx)
RoNW :27.34% (March 2022)
NAV Value :₹13.80(March 2022)
Total Assets :₹203.95 Cr (Jun 2022)
Market Cap :₹1062.41 Cr Approx
Promoter Holding :66.39% Pre Issue
53.21% Post Issue
Team Review : The leading player an integrated retail cash management logistics services.
 The PE ratio of the company is very Attractive.
 The company financial performance consistently stable growth.year.
 The company promoter stake will decrease lower side but
will hold 53.21% stake after issue which is good.


Apply For Long Term

Radiant Cash Management IPO Date & Price Band & Details :

Issue Type :Book Building Issue
IPO Open :23 December 2022
IPO Close :27 December 2022
IPO Size :₹387.94. Cr {39,185,606 Shares}
Face Value :₹1. Equity Share
Price Band :₹94–₹99 Per Share
Listing On :BSE, NSE
Issue Size :₹387.94. Cr {39,185,606 Shares}
Fresh Issue :₹60.00. Cr {60,60,606 Shares}
Offer For Sale :₹327.94. Cr {33,125,000 Shares}
Radiant Cash Management IPO

Radiant Cash Management IPO Market Lot :

Radiant Cash Management IPO Minimum Market lot is 1 Lot with 150 shares with ₹14,850 Application amount. The retail investors can apply up to 1 lots with 1950 Shares or ₹193,050 amounts.

ApplicationLotSharesAmount
Retail Minimum :136₹14,652
Retail Maximum :131950₹193,050
S-HNI Minimum :142100₹207,900
B- HNI Minimum :6810,200₹10,09,800

Radiant Cash Management IPO Shares Offer :

A Total of 39,185,606 shares are to be bid for the public issue by Radiant Cash Management IPO with 60,60,606 for Fresh issue and 33,125,000 for offer for sale Shares.

CategoryShares OffersAmount
Fresh issue :6,060,606₹60.00 Cr
Offer For Sale :33,125,000₹327.94 Cr
Total :39,185,606₹387.94 Cr

Radiant Cash Management IPO Reservation :

Radiant Cash Management IPO Total Reservation of 39,185,606 shares are to be bid for the public issue by Radiant Cash Management IPO with 19,592,803 for QIB and 58,77,840 for NII 13,714,962 For RII & – Shares EMP.

CategoryReservationSharesAmount
QIB :50%19,592,803₹193.97 Cr
NII :15%58,77,840₹58.19 Cr
RII :35%13,714,962₹135.78 Cr
EMP :– %₹-
Total :100%39,185,606₹38793 Cr
Radiant Cash Management IPO

Radiant Cash Management IPO EPS & RoNW :

The Radiant Cash Management company’s EPS & RoNW growth is an Increasing last financial year, which is shown to you in the table here.

YearEPS Growth in (Rs.)Return On Net Worth %
2022₹3.7727.34%
2021₹3.2025.52%
2020₹3.6030.53%

Radiant Cash Management IPO Peer Comparison PE :

The Radiant Cash Management, According to DRHP few company is listed whose PE Multiple is shown in this table.

Sr. No.CompanyPE Ratio
1.CMS Info Systems Ltd21.79
2.SIS Limited17.62

Radiant Cash Management IPO Dates :

Radiant Cash Management IPO Date is 23 December 2022 and closes on 27 December 2022. The allotment will be finalized on 30 December 2022 and the IPO may list on 04 January 2023.

Open Date :23 December 2022
Close Date :27 December 2022
Allotment Date :30 December 2022
Refund Date :02 January 2023
Share Credit Date :03 January 2023
Listing Date :04 January 2023

Radiant Cash Management IPO Form :

There are two ways to apply in Radiant Cash Management IPO. You can apply for Radiant Cash Management IPO through ASBA available in your bank account. You have to go to your online bank login and select Radiant Cash Management IPO in the Invest section and apply through your bank account. Another option is you can apply for Radiant Cash Management IPO through IPO form download through NSE and BSE. See the Radiant Cash Management IPO Form – Download the NSE Form and BSE Form IPO Form, fill it, and submit it to your bank or your broker.

Radiant Cash Management Company Financial Report (millions) :

YearRevenueExpensePAT
2022₹2,869.74₹2,349.16₹382.09
2021₹2,241.58₹1,791.14₹324.33
2020₹2,517.80₹2,015.24₹365.03
Groww referal

Company Promoters :

■ Col. David Devasahayam

Quick Link :

■ DRHP Draft Prospectus
■ RHP Draft Prospectus
■ Anchor Investor

Radiant Cash Management IPO Lead Managers :

■ IIFL Securities Ltd 
■ Motilal Oswal Investment Advisors Pvt Ltd
■ YES Bank Limited

Radiant Cash Management IPO Registrar :

Link Intime India Private Limited
C 101, 247 Park, L.B.S. Marg,
Vikhroli (West), Mumbai 400 083,
Maharashtra, India
Tel: +91 22 49186200/810 811 4949
E-mail: [email protected]
Investor grievance E-mail: [email protected]
Website: www.linkintime.co.in

Note: Check Radiant Cash Management IPO allotment status Visit IPOBAZAR Allotment Page And Search Your Registrar IPO Allotment Link. Click Here

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 :

What is Radiant Cash Management IPO?
Radiant Cash Management IPO is Mainboard IPO. They are going to raise ₹387.94. Crores via IPO. The issue is priced at ₹94-₹99 per equity share. The IPO is to be listed on NSE, BSE.

When Radiant Cash Management IPO will open?
The IPO is to open on 23 Dec – 27 Dec for QIB, NII & RII.

What is Radiant Cash Management IPO Size?
Radiant Cash Management IPO size is ₹387.94 Crores.

What is the Fresh issue size of Radiant Cash Management IPO?
The Fresh issue size of Radiant Cash Management IPO ₹60.00 Cr.

What is the Offer For Sale size of Radiant Cash Management IPO?
The Offer For Sale size of Radiant Cash Management IPO ₹327.94 Cr.

What is Radiant Cash Management IPO Price Band?
Radiant Cash Management IPO Price Band is ₹94-₹99 Per share.

What is Radiant Cash Management IPO Minimum and Maximum Lot Size?
The minimum 150 Shares with ₹14,850 amount while the maximum 1950 shares with ₹193,050.

What is Radiant Cash Management IPO Investors Portion?
The investors’ portion for QIB 50%, NII 15%, RII 35%.

What is Radiant Cash Management IPO Allotment Date?
Radiant Cash Management IPO allotment date is 30 December 2022.

What is Radiant Cash Management IPO Listing Date?
Radiant Cash Management IPO listing date is 04 January 2023. The IPO to list on NSE, BSE.

How to Apply the Radiant Cash Management IPO through Zerodha?
Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “Radiant Cash Management IPO”. Click on 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.

How to Apply the Radiant Cash Management IPO through Upstox?
Log in to Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “Radiant Cash Management IPO”. Click on 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.

How to Apply the Radiant Cash Management IPO through Groww?
Log in to Groww Website or app. Now you can see IPOs and Click on IPO. You will see the IPO Name “Radiant Cash Management IPO”. Click on 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.

How to Apply the Radiant Cash Management IPO through Paytm Money?
Log in to the Paytm Money Website or app. Now you can see Invest is IPOs Section and Click on IPO. You will see the IPO Name “Radiant Cash Management IPO”. Click on 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.

Radiant Cash Management IPO GMP: Click Here

Radiant Cash Management IPO Subscription: Click Here

Radiant Cash Management IPO Allotment: Click Here

Radiant Cash Management IPO Listing: Click Here

Radiant Cash Management IPO Web Story: Click Here

All Radiant Cash Management IPO-related links are available here. If you want to know the details then click on Click Here Link.

Disclaimer: STOCK MARKET INVESTMENTS ARE SUBJECT TO MARKET RISKS, READ ALL SCHEME RELATED DOCUMENTS CAREFULLY BEFORE INVESTING.

Radiant Cash Management IPO Dates, Review, Price, Form, & Allotment 2022

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