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Radiant Cash Management Services IPO

Radiant Cash Management IPO consists of fresh IPOs worth Rs 60 crore and an offer for sale of 3 crore equities from existing shareholders. The company is an integrated cash logistic business with a leading position in the domain.

Opening Date

To be announced

Closing Date

To be announced

Price Band

To be announced

Issue Size

To be announced

Face Value

To be announced

Market Lot

To be announced

Opening Date

To be announced

Closing Date

To be announced

Price Band

To be announced

Issue Size

To be announced

Face Value

To be announced

Market Lot

To be announced

Listing at NSE, BSE

Radiant Cash Management Services IPO Important Dates

IPO Open Date To be announced
IPO Close Date To be announced
Allotment Date To be announced
Initiation Of Refunds To be announced
Credit Of Shares To
Demat Account
To be announced
IPO Listing Date To be announced
UPI Mandate Expiry Date To be announced

View all upcoming IPOs

About Radiant Cash Management Services

The company is one of the most significant players in the retail cash management segment. They offer integrated cash logistics in over 12,150 pin codes. They have one of the highest EBITDA margins among peers in the organised cash management service segment.

The company caters to several marquee clients, including some of the largest foreign and Indian private and public sector banks, large e-commerce companies, retail chains, insurance companies, e-commerce logistic businesses, railways and many more.

Radiant Cash Management Services IPO Objectives

• The company proposed in its DRHP to utilise funds from the new issues towards meeting expenditure requirements in purchasing specially fabricated armoured vans.

Why should you invest in the Radiant Cash Management Services IPO?

Following are the top reasons to apply for the IPO:

  • They are a leading player in the organised cash logistics segment.
  • The company has a strong distribution network and presence in tier-II and III cities.
  • Steady financial and performance growth.

Financial Highlights

Particulars For the year/period ended (₹ in million)
  FY21 FY20 FY19
Revenue From Operation 345.01 236.49 149.67
EBITDA 497.62 557.70 411.98
EBITDA Margin (%) 22.20 22.15 18.46
Profit After Tax 324.33 365.03 250.17
EPS 3.20 3.60 2.47
ROE 25.52 30.53 23.66

How to apply for Radiant Cash Management Services Ltd. IPO?

Retail investors need to apply for the IPO using UPI.

UPI

  • Link your bank account to a UPI ID.
  • Register your UPI id with your Demat account.
  • Subscribe for Radiant Cash Management Services IPO and approve the payment on your UPI ID.

Demat Account

Radiant Cash Management Services Noteworthy Highlights:

  • The company boasts a diversified client base, including several marquee clients from diversified sectors.
  • Significantly buildup technology to emphasise operational profitability.
  • Long-standing relationships with clients through cross-selling and value-added services.

The Brand’s Pros & Cons:

Pros Cons
The company caters to a broad set of outsourcing services about cash management for its diversified client base. Any adverse development in the banking industry can impact the company’s future cash flow.
Their integrated cash management services are supported by customised technology and control processes creating cross-selling opportunities for the company. Not being able to diversify their client base may hurt future profitability.
The company is a leader in integrated cash management in the country, occupied mainly by unorganised smaller businesses. Gradually decreasing the use of hard cash remains a concern for the company’s cash management business.

Competitive Analysis: Market Peers

None of the listed companies in India is exclusively engaged in a business line similar to Radiant Cash Management Services. Accordingly, we cannot offer a competitive analysis of its peers.

Radiant Cash Management Services IPO FAQs

What is Radiant Cash Management Services IPO?

The IPO contains fresh issues with Rs 60 crore and three crore equities in an offer for sale from existing shareholders.

When will the Radiant Cash Management Services IPO allotment be available?

Details are not available.

What will be the Radiant Cash Management Services IPO lot size?

Details are not available.

When will Radiant Cash Management Services IPO open for subscription?

Details are not available.

What minimum lot size can retail investors subscribe to?

The minimum investment size is one lot for retail investors.

When will Radiant Cash Management Services list on exchanges?

The listing process usually takes ten working days from the last day of subscription.

How to check the allotment status of Radiant Cash Management Services IPO?

Angel One investors can check the IPO allotment status by logging into their Angel One account.

What is the size of Radiant Cash Management Services IPO?

Details are not available.

How will I receive shares?

The IPO shares will get credited directly to your Demat account.

Is it necessary to approve a UPI mandate request immediately?

Approving the UPI payment is the final step of the IPO application. Investors are allowed T+1 days to approve the payment on UPI.

How to apply for this Radiant Cash Management Services IPO via the Angel One App?

To apply from the Angel One app, find Radiant Cash Management Services in the active IPO list and click on apply.

What is the minimum order quantity for Radiant Cash Management Services IPO?

Details are not available.

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