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Open
23 Dec 2022
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Close
27 Dec 2022
3
Allotment
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Listing
Wed, Jan 4, 2023
Price Band
₹94 to ₹99
Issue Size
2,66,76,977 shares (agg. up to ₹257 Cr)
Lot Size
150 Shares
Listing Date
Wed, Jan 4, 2023
Latest GMP
₹6
Est. Gain
6.06%
✦ AI Insight
GMP Trend
04-01-2023₹6Est. ₹105+6.06%
03-01-2023₹6Est. ₹105+6.06%
02-01-2023₹7Est. ₹106+7.07%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.10x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Jun 2022 | 31 Mar 2022 | 31 Mar 2021 | 31 Mar 2020 | 31 Mar 2019 |
|---|---|---|---|---|---|
| Assets | 203.95 | 190.57 | 162.14 | 157.62 | 141.44 |
| Total Income | 84.38 | 286.97 | 224.16 | 251.78 | 223.13 |
| Profit After Tax | 15.32 | 38.21 | 32.43 | 36.50 | 25.02 |
| NET Worth | 155.19 | 139.76 | 127.10 | 119.57 | 105.72 |
| Reserves and Surplus | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Borrowing | 25.54 | 26.75 | 11.05 | 21.13 | 17.73 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Droneacharya Aerial Innovations Ltd. | SME | ₹33.97 Cr | ₹54 | 45 | ₹107.10 | +98.33% | ₹32.64 |
| Integrated Personnel Services Ltd. | SME | ₹12.74 Cr | ₹59 | 12.77 | ₹69.80 | +18.31% | ₹215.00 |
| Silicon Rental Solutions Ltd. | SME | ₹21.15 Cr | ₹78 | 10.73 | ₹84.00 | +7.69% | ₹73.95 |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding working capital requirements; | 20.00 |
| 2 | Funding of capital expenditure requirements for purchase of specially fabricated armoured vans; and | 25.48 |
| 3 | General corporate purposes. | 3.77 |
About Radiant Cash Management IPO
Updated on Aug 5, 2026
Contact Details
Radiant Cash Management Services Ltd. Address28, Vijayaraghava RoadT.NagarChennai, Tamil Nadu, 600017+91 044 4904 4904jayabharathi@radiantcashlogistics.comVisit Website