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

Written by on December 15, 2022

Radiant Cash Management IPO Details: Radiant Cash Management IPO date is not fixed yet, the IPO is to hit the market in December 2022 as per the market speculations. Radiant Cash Management IPO to raise around ₹[.] 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)

Brokerage Firm IPO Review

  • Capital Market: To be updated soon
  • Religare Broking: To be updated soon
  • Hem Securities: To be updated soon
  • Arihant Capital: To be updated soon

Radiant Cash Management IPO Date & Price Band Details

IPO Open: December, 2022
IPO Close: December, 2022
IPO Size: Approx ₹[.] Crores
Fresh Issue: Approx ₹60 Crores
Offer for Sale: Approx 30,125,000 shares
Face Value: ₹1 Per Equity Share
IPO Price Band: ₹[.] to ₹[.] 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
Anchor Investors List: Click Here

Radiant Cash Management IPO Market Lot

The Radiant Cash Management IPO minimum market lot is [.] shares with ₹[.] application amount. The retail investors can apply up-to 13 lots with [.] shares or ₹[.] amount.

Application Lot Size Shares Amount
Retail Minimum 1 ₹-
Retail Maximum 13 ₹-
S-HNI Minimum 14 ₹-
B-HNI Minimum 68 ₹-

Radiant Cash Management IPO Allotment & Listing Dates

The Radiant Cash Management IPO date is December 2022 and the close date is December 2022. The Radiant Cash Management IPO allotment will be finalized on December 2022 and the IPO listing on December 2022.

Price Band Announcement: December 2022
Anchor Investors Allotment: December 2022
IPO Open Date: December 2022
IPO Close Date: December 2022
Basis of Allotment: December 2022
Refunds: December 2022
Credit to Demat Account: December 2022
Radiant Cash Management IPO Listing Date: December 2022

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

  ₹ in Crores
Year Revenue Expense PAT
2020 ₹252 ₹202 ₹36.50
2021 ₹224 ₹179 ₹32.43
2022 3M ₹60 ₹50 ₹7.44

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.

Earning Per Share (EPS): ₹3.20 per Equity Share
Price/Earning P/E Ratio: N/A
Return on Net Worth (RoNW): 25.52%
Net Asset Value (NAV): ₹12.55 per Equity Share

Peer Group

  • 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

What is Radiant Cash Management IPO?

Radiant Cash Management IPO is a main-board IPO. They are going to raise ₹[.] Crores via IPO. The issue is priced at ₹[.] to ₹[.] pr equity share. The IPO is to be listed on BSE & NSE.

When Radiant Cash Management IPO will open?

The IPO is to open on December, 2022 for QIB, NII, and Retail Investors.

What is Radiant Cash Management IPO Investors Portion?

The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

How to Apply the Radiant Cash Management IPO?

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

How to Apply the Radiant Cash Management IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Radiant Cash Management”. 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. Open Demat Account with Zerodha.

How to Apply the Radiant Cash Management IPO through Upstox?

Log in to the Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Radiant Cash Management”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Radiant Cash Management IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Radiant Cash Management”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is Radiant Cash Management IPO Size?

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 Radiant Cash Management IPO Minimum and Maximum Lot Size?

The minimum bid is [.] Shares with ₹[.] amount while the maximum bid is [.] shares with ₹[.].

What is the Radiant Cash Management IPO Allotment Date?

Radiant Cash Management IPO allotment date is December, 2022.

What is the Radiant Cash Management IPO Listing Date?

Radiant Cash Management IPO listing date is December, 2022. The IPO is to list on BSE and NSE.

Note: The Radiant Cash Management IPO price band and date are not officially announced yet. The IPO grey market premium (Radiant Cash Management IPO Premium) will be added to the IPO grey market page as it will start).

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