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Open
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Close
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Allotment
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Listing
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Issue Size
52,26,000 shares (agg. up to ₹[.] Cr)
Listing Date
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✦ AI Insight
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | 166.61 | 136.48 | 133.18 |
| Total Income | 216.63 | 204.15 | 168.26 |
| Profit After Tax | 8.00 | 3.38 | -1.86 |
| NET Worth | 53.56 | 30.82 | -20.07 |
| Reserves and Surplus | 59.16 | 45.71 | 2.22 |
| Total Borrowing | 37.65 | 40.55 | 74.85 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Kheria Autocomp Ltd. | SME | ₹46.44 Cr | ₹101 | 9.95 | ₹103.05 | +2.03% | ₹99.60 |
| Sumax Engineering Ltd. | SME | ₹53.40 Cr | ₹101 | 11.66 | ₹110.45 | +9.36% | ₹109.15 |
| LAPL Automotive Ltd. | SME | ₹32.40 Cr | ₹94 | 9.91 | ₹128.29 | +36.48% | ₹103.85 |
| Poojaa Precision Engg.Ltd. | SME | ₹159.83 Cr | ₹301 | 14.25 | ₹493.50 | +63.95% | ₹815.85 |
| Happy Steels Ltd. | SME | ₹25.00 Cr | ₹66 | 9.76 | ₹68.50 | +3.79% | ₹81.40 |
| Autofurnish Ltd. | SME | ₹14.60 Cr | ₹41 | 11.64 | ₹45.15 | +10.12% | ₹100.90 |
| Gallard Steel Ltd. | SME | ₹37.50 Cr | ₹150 | 17.31 | ₹234.25 | +56.17% | ₹161.00 |
| Hero Motors Ltd. | Mainboard | ₹1,000.00 Cr | ₹84 | 77.78 | ₹98.40 | +17.14% | ₹141.69 |
| Dhoot Transmission Ltd. | Mainboard | ₹3,066.89 Cr | ₹871 | 41.36 | ₹1,187.05 | +36.29% | ₹1,560.50 |
| SEDEMAC Mechatronics Ltd. | Mainboard | ₹1,087.35 Cr | ₹1352 | 126.91 | ₹1,451.10 | +7.33% | ₹3,444.90 |
| Tenneco Clean Air India Ltd. | Mainboard | ₹3,600.00 Cr | ₹397 | 28.97 | ₹490.80 | +23.63% | ₹515.25 |
| Studds Accessories Ltd. | Mainboard | ₹455.49 Cr | ₹585 | 33.06 | ₹560.30 | -4.22% | ₹410.00 |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding the capital expenditure for purchase of Plant & machinery, Infrastructure Development and Other Auxiliary equipment | 20.57 |
| 2 | Funding the capital expenditure requirement for expansion of our Manufacturing Facilities at Vani, Gujarat | 16.29 |
| 3 | Repayment and/ or pre-payment, in part or full, of certain borrowings availed by the Company; | 19.91 |
| 4 | General Corporate Purposes |
About Radiant Innovative IPO
Updated on Sep 17, 2026
Contact Details
Radiant Innovative Manufacturing Ltd. AddressUnit No. 412-413, Best Business Park,Plot No. P2,Netaji Subhash Place,New Delhi, New Delhi, 110034011-45952200investors@radiantiml.comVisit Website