Radiant Cash Management Services Limited
Bookbuilding IPO · NSE, BSE
- Price band
- ₹94 - ₹99
- Lot size
- 150 shares
- Issue amount
- ₹256.64 cr
- Total subscription
- 0.53×
- Opens
- 23 Dec 2022
- Closes
- 27 Dec 2022
- Allotment
- 2 Jan 2023
- Listing
- 4 Jan 2023
Offer at a glance
Issue overview
- Issue size
- 2,66,76,977 shares
- Face value
- ₹1 per share
- Minimum investment
- ₹14,100
- Fresh issue
- ₹54 cr
- Offer for sale
- ₹202.64 cr
- Registrar
- Link Intime India Private Limited
- Listing exchange
- NSE, BSE
- Maximum investment
- ₹14,850
- Issue type
- Bookbuilding IPO
- Shares before issue
- 10,12,53,360
- Shares after issue
- 10,67,07,906
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 150 | ₹14,100 |
| sHNI | 15 | 2,250 | ₹2,11,500 |
| bHNI | 71 | 10,650 | ₹10,01,100 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 73.67 | 78.55 |
| RETAIL | 128.92 | 27.35 |
| HNIs 2+ | 18.42 | 1.77 |
| HNIs 10+ | 36.83 | 36.62 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | 0 |
|---|---|
| EPS | 0 |
| ROE | 0 |
| ROCE | 0 |
| RONW | 0 |
| PRE IPO(PE) | 17.34 |
| POST IPO(PE) | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
Incorporated in 2005, Radiant Cash Management Services Limited is a leading provider of retail cash management (RCM) services in India, catering to banks, financial institutions, and organized retail and e-commerce companies. The company’s services include cash collection and delivery, cash processing, overnight vaulting, ATM cash management, and delivery of sensitive banking materials such as PIN mailers and cheque books. Supported by a team of around 1,761 employees (as of July 31, 2021), Radiant operates across 12,150 pin codes covering nearly all Indian districts, with 42,420 touchpoints and over 4,700 service locations. Its main objectives encompass offering secure and efficient cash logistics, managing digital and mobile financial transactions, and undertaking BPO activities related to cash management. Key clients include leading banks such as HDFC Bank, ICICI Bank, Axis Bank, SBI, Kotak Mahindra Bank, Citibank, and HSBC.
Promoters
Col. David Devasahayam
Dr Renuka David
Registrar & documents
Lead manager
IIFL Capital Services Limited, Motilal Oswal Investment Advisors Limited, Yes Securities (India) Limited
Registrar & contacts
Link Intime India Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
28, Vijayaraghava Road, T. Nagar, Chennai 600 017, Tamil Nadu, India
+91 044 4904 4904
[email protected]Company website ↗Understanding RADIANTCMS IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.