Incorporated in 2005, Radiant Cash Management Services Limited is the market leader in retail cash management services for banks, financial institutions, and organized retail and e-commerce companies in India. The company offers a range of services under this segment consisting of collection and delivery of cash on behalf of our clients from the end user.
The company’s management is supported by a qualified and motivated pool of about 1,761 employees (as of July 31, 2021).
The main objects of the Company are:
- To carry on the business of providing to Banks, Individuals, Commercial and Government Establishments, Cash/Cheques/DDs Pickup and Delivery Services, Cash Processing such as sorting for good and soiled currencies, notes, coins of various denominations, Overnight vaulting services for bulk cash and ATM cards, Cassettes & important documents, ATM Services, Handling of PIN mailers/drafts/cheque book delivery, Providing strong rooms installed as per RBI guidelines.
- To carry on the business of management of electronic online and mobile financial and cash transactions and product management and development of intellectual property in the area of cash management.
- To carry on any business regarding cash management under Business Process Outsourcing.
The company is one of the largest players in the RCM segment in terms of network locations or touch points served as of July 31, 2021.
Radiant Cash Management Services provide services across 12,150 pin codes in India covering all districts (other than Lakshadweep) with about 42,420 touchpoints serving more than 4,700 locations as of July 31, 2021.
Radiant Cash Management Services IPO Date & Price Band :
IPO Open: | Dec , 2022 |
IPO Close: | Dec , 2022 |
IPO Size: | ₹60.00 Crores |
Price Band: | ₹- per share |
Listing on: | BSE & NSE |
Retail Portion: | Not less than 35% of the Offer |
Equity: | 30,125,000 shares |
Face Value: | ₹1 per share |
Radiant Cash Management Services IPO Market Lot:
- Shares: Minimum –shares
- Minimum Amount: ₹-
- Maximum Amount: ₹–
Radiant Cash Management Services IPO Allotment & Listing:
- Basis of Allotment: Dec , 2022
- Refunds: Dec , 2022
- Credit to Demat accounts: Dec , 2022
- Listing: Dec , 2022
Radiant Cash Management Services IPO Form Download:
You can apply in Radiant Cash Management IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services.
Radiant Cash Management Services Financial:
Period Ended | Total Assets | Total Revenue | Profit After Tax |
---|---|---|---|
31-Mar-19 | 141.44 | 223.13 | 25.02 |
31-Mar-20 | 157.62 | 251.78 | 36.5 |
31-Mar-21 | 157.62 | 224.16 | 32.43 |
Peer Group
Quick Links
Radiant Cash Management IPO DRHP
Objectives of the IPO
- Funding capital expenditure requirements for developing an R&D facility and expansion / setting up of manufacturing facilities.
- Funding long-term working capital requirements.
- General corporate purposes.
Radiant Cash Management Services IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in/
Radiant Cash Management Services 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/
Also Read-
Radiant Cash Management Services IPO Subscription (Live)
Radiant Cash Management Services IPO Grey Market Premium
What is Radiant Cash Management Services IPO Open Date for QIB, NII, and Retail?
Radiant Cash Management Services IPO will open on Dec , 2022.
Radiant Cash Management Services IPO Size?
Radiant Cash Management Services IPO size is Approx ₹60.00 Crores
Radiant Cash Management Services IPO Price Band?
Radiant Cash Management Services IPO Price Band is ₹- per share
Radiant Cash Management Services IPO Minimum Lot Size?
The minimum bid is –Shares with a ₹–.
What is Radiant Cash Management Services IPO Allotment Date?
Radiant Cash Management Services IPO allotment date is Dec , 2022
The Radiant Cash Management Services IPO IPO Listing Date?
Radiant Cash Management Services IPO listing date is Dec , 2022. The IPO is to list on BSE and NSE.