Radiant Cash Management IPO Review
Radiant Cash Management IPO Overview
Radiant Cash Management Services Limited, founded in 2005, is the industry leader in retail cash management services for banks, financial institutions, organised retail, and e-commerce enterprises in India. Under this division, the company provides a variety of services, including cash collection and distribution on behalf of our clients from end users.
A qualified and motivated workforce of around 1,761 workers supports the company’s management (as of July 31, 2021).
The Company’s primary goals are as follows:
To carry in the business of providing Cash/Cheques/DDs Pickup and Delivery Services to Banks, Individuals, Commercial and Government Establishments, Cash Processing such as inspecting for good and soiled currencies, notes, coins of various denominations, Overnight vaulting services for bulk cash and ATM cards, cassettes and essential documents, ATM services, handling of PIN mailers/drafts/cheque book delivery, and provision of strong rooms installed in accordance with RBI rules.
To carry on the business of managing electronic online and mobile financial and cash transactions, as well as product management and intellectual property creation in the field of cash management. To conduct any cash management business through Business Process Outsourcing.
Radiant Cash Management IPO Details
IPO Date | to |
Listing Date | [.] |
Face Value | ₹1 per share |
Price | [.] to [.] per share |
Lot Size | – |
Issue Size | – |
Fresh Issue | [.] shares of ₹1 (aggregating up to ₹60.00 Cr) |
Offer for Sale | 30,125,000 shares of ₹1 (aggregating up to ₹[.] Cr) |
Issue Type | Book Built Issue IPO |
Listing At | BSE, NSE |
QIB Shares Offered | Not more than 50% of the Offer |
NII (HNI) Shares Offered | Not less than 15% of the Offer or the Offer |
Retail Shares Offered | Not less than 35% of the Offer |
Company Promoters | Col. David Devasahayam and Dr Renuka David are the company promoters. |
Radiant Cash Management IPO Financial Performance
Period Ended | Total Assets | Total Revenue |
31-Mar-19 | 141.44 | 223.13 |
31-Mar-20 | 157.62 | 251.78 |
31-Mar-21 | 162.14 | 224.16 |
30-Jun-21 | 159.57 | 59.88 |
Amount in ₹ Crore | ||
Profit After Tax | Net Worth | Total Borrowing |
25.02 | 105.72 | 17.73 |
36.5 | 119.57 | 21.13 |
32.43 | 127.1 | 11.05 |
7.44 | 109.14 | 23.16 |
Amount in ₹ Crore | ||
Radiant Cash Management IPO Key Ratios
FY 2019 | FY 2020 | |
EPS | 2.47 | 3.60 |
RONW (%) | 23.66 | 30.53 |
NAV | – | – |
ROCE (%) | 23.66 | 30.53 |
EBITDA (%) | 18.46 | 22.15 |
Debt/Equity | 0.17 | 0.18 |
FY 2021 | Q1 FY 2022 | |
EPS | 3.20 | 0.73 |
RONW (%) | 25.52 | 6.82 |
NAV | 12.55 | 10.78 |
ROCE (%) | 25.52 | 6.82 |
EBITDA (%) | 22.20 | 19.40 |
Debt/Equity | 0.11 | 0.24 |
Listing Performance of Radiant Cash Management IPO
Listed On : BSE NSE
Issue Price : NA
Listing Day Close :
Listing Day Gain :
Radiant Cash Management IPO ISIN Number Code
NSE : NA
ISIN CODE : NA
BSE : NA
Radiant Cash Management IPO Allotment Status
Radiant Cash Management IPO Important Dates
Updated Soon.
Radiant Cash Management IPO Contact Details
28, Vijayaraghava Road,
T. Nagar, Chennai 600 017,
Tamil Nadu, India
Phone: +91 044 4904 4904
Email: jayabharathi@radiantcashlogistics.com
Website: https://radiantcashservices.com/
Radiant Cash Management IPO Registrar Contact Details
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: radiant.ipo@linkintime.co.in
Website: https://linkintime.co.in/
Radiant Cash Management IPO FAQ's
The Radiant Cash Management IPO is a BSE NSE IPO of [.] equity shares of the face value of ₹[.] per share.
The issue size is priced at [.] shares of ₹1 (aggregating up to ₹60.00 Cr).
The Fresh issue size is priced at [.] shares of ₹1 (aggregating up to ₹60.00 Cr).
The Offer for sale priced at 30,125,000 shares of ₹1 (aggregating up to ₹[.] Cr).
The registrar for the IPO is Link Intime India Private Ltd. The shares are proposed for listing on the BSE and NSE.
The Radiant Cash Management IPO opens on Dec [.], 2022 and closes on Dec [.], 2022.
Radiant Cash Management IPO Market lot size is [.] Shares and the minimum order quantity is [.] Shares.
The finalization of Basis of Allotment for Radiant Cash Management IPO will be done on [.]. and the allotted shares will be credited to your demat account by [.]. Check the Radiant Cash Management IPO status.
The Radiant Cash Management IPO listing date is on Dec [.], 2022.
Radiant Cash Management IPO applications can be submitted online using either UPI or ASBA as a payment method. The ASBA IPO application is available in your bank’s net banking. Brokers who do not provide banking services provide UPI IPO applications. Learn more about online IPO applications from Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank, and SBI Bank.
Radiant Cash Management IPO Comments
Share this Content
Main Board IPO
SME IPO 2021
Upcoming IPO