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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 |
|---|---|---|---|---|---|---|---|
| Happy Steels Ltd. | SME | ₹25.00 Cr | ₹66 | 9.76 | ₹68.50 | +3.79% | ₹68.50 (+3.79%) |
| Autofurnish Ltd. | SME | ₹14.60 Cr | ₹41 | 11.64 | ₹45.15 | +10.12% | ₹59.89 (+2.39%) |
| Gallard Steel Ltd. | SME | ₹37.50 Cr | ₹150 | 17.31 | ₹234.25 | +56.17% | ₹155.00 (-3.73%) |
| Sellowrap Industries Ltd. | SME | ₹30.28 Cr | ₹83 | 8.4 | ₹94.50 | +13.86% | ₹65.50 (-7.09%) |
| SEDEMAC Mechatronics Ltd. | Mainboard | ₹1,087.35 Cr | ₹1352 | 126.91 | ₹1,451.10 | +7.33% | ₹2,717.20 (+3.65%) |
| Tenneco Clean Air India Ltd. | Mainboard | ₹3,600.00 Cr | ₹397 | 28.97 | ₹490.80 | +23.63% | ₹557.90 (-1.29%) |
| Studds Accessories Ltd. | Mainboard | ₹455.49 Cr | ₹585 | 33.06 | ₹560.30 | -4.22% | ₹456.25 (+2.10%) |
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
Incorporated in 1988, Radiant Innovative Manufacturing Limited is a plastic technology solution provider specializing in manufacturing complex engineering plastic components and assemblies, primarily for the global automotive industry. With over three decades of experience, the company offers end-to-end solutions, including product design support, mold design and development, injection molding, and complete assemblies. Their expertise encompasses precision components for electronics, electric mobility, powertrain, thermal management, and sensing and actuation systems. The company operates manufacturing facilities across India, equipped with advanced injection molding machinery, and specializes in complex molding technologies such as overmolding, insert molding, ultrasonic welding, precision gear molding, and thin-wall molding. Product Portfolio: Hybrid and Ice Powertrain: The company provides advanced components for hybrid and ICE powertrains, including fuel tanks, pumps, valves, and sensors. Thermal Management: The company provides thermal management components, including radiators, fans, thermostats, and electric water pumps for vehicles. Sensing, Control, and Actuation: The comp
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