247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

Radiant Cash Management Services Limited IPO (Radiant Cash Management Services IPO) Details

Radiant Cash Management Services Limited is an Corporate Solutions based company, located in Tamil Nadu, Radiant Cash Management Services Limited IPO size was 256.64 Cr. and was issued at 94.00 per share. The share of Radiant Cash Management Services Limited were listed at 104.70 per share and are currently trading at 74.42 per share.

Type :
Sub Sector : Integrated Cash Logistics Player Leading The RCM Segment
MainBoard IPO

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
337.52 Cr.

PAT :
61.28 Cr.

Pricing Report

Issue Price :
94.00

Listing Price :
104.70

Current Market Price :
74.42

Issue Price vs CMP :
19.58 (20.83%)

listing Price vs CMP :
30.28 (28.92%)

Performance Report (CAGR* wise)

CAGR : -10.77
-ve 0 6 9 12+
Below Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About Radiant Cash Management Services

Company Information
Radiant Cash Management Services Limited is an integrated cash logistics player with a leading presence in the retail cash management (RCM) segment of the cash management services industry in India. It is one of the largest players in the RCM segment in terms of network locations or touchpoints served as of July 31, 2021. The company provides services across 12,150 pin codes in India, covering all districts (except Lakshadweep), with approximately 42,420 touchpoints serving over 4,700 locations as of July 31, 2021. Its marquee clients include some of the largest foreign, private, and public sector banks, and its end users include prominent e-commerce companies, retail chains, NBFCs, insurance firms, e-commerce logistics players, railways, and retail petroleum distribution outlets. For the four months ended July 31,
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Object of Issue
  • Funding working capital requirements
  • Funding of capital expenditure requirements for the purchase of specially fabricated armtheired vans
  • General corporate purposes

Radiant Cash Management Services MainBoard IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Jan, 2023
IPO Size :
256.64 Cr.
Market Cap :
1062.41 Cr.   
IPO Subscription :
0.53 X     
PE Multiple :
17.34
Merchant Banker :
Iifl Securities Limited
IPO Registrar:
Link Intime India Private Limited

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Peer Companies Of This Sector

FAQs

Radiant Cash Management Services operates in Corporate Solutions and Integrated Cash Logistics Player Leading The RCM Segment. The Issue is listed on MainBoard in Jan, 2023. Radiant Cash Management Services IPO size was 256.64 Cr. with Issue price of 94.00 .

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 74.42.

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