Calculate your SIP ReturnsExplore

O H L VOL


Days Range

Data is not available currently. Please check back later.

Data is not available currently. Please check back later.

About Radiant Cash Management Services

Radiant Cash Management Services Limited was incorporated in Chennai, Tamil Nadu under the name Radiant Cash Management Services Private Limited' on March 23, 2005 as a private limited company, under the Companies Act, 1956 by the RoC. Thereafter, Company converted into a Public Limited on August 21, 2021, and name of the Company was changed to Radiant Cash Management Services Limited', and a fresh certificate of incorporation dated August 25, 2021 was issued to the Company by RoC. The Company is an integrated cash logistics player with leading presence in retail cash management (RCM) segment of the cash management services industry in India and are one of the largest players in the RCM segment in terms of network locations or touch points served as of March 31, 2022. It cater to broad set of outsourcing requirements pertaining to cash management services for banks, financial institutions, organized retail and e-commerce companies in India. Apart from these, the Company operate their business across five verticals, mainly comprising cash pick-up and delivery; network currency management; cash processing; cash vans /cash in transit and other value added services. As an integrated RCM service provider, it offer value added cash processing services, which are in the nature of their trained executives sorting the notes into categories such as soiled, mutilated, fit, issuable, counterfeit, ATM-ready bundles, etc. The services consists of cash collection from end user and deposit into the current accounts and subsequent transfer to the client's accounts either on the same day or on the next working day. The Company provide RCM services to clients serving more than 5,388 locations. Their integrated offerings are supported by customised technology and process controls, which enables the Company to offer wide range of solutions, while generating cross-selling opportunities and driving synergies and efficiencies across our business. It has created the RADMUS mobile application which is an enterprise mobile application for secure end-to-end reconciliation between customer, end user and Company. It operate on an asset light model, with all of the fleet of cash vans being leased. The Company obtained its first Retail Cash Management contract from Deutsche Bank Limited in August 2005 for cash pickup and delivery services and network cash management services for end-users in the states of Tamil Nadu and Kerala. The Company is certified by Intertek Certification Limited under the requirements of ISO 9001:2015 for provision of cash management services through cash and cheque collection, transportation, processing, vaulting and deposition and we undergo periodic audit of processes and systems for the certification and renewals. It undergo several external audit processes from clients on various aspects of operations including business continuity plans, disaster recovery plans and standard operating procedures on a periodic basis. The Company came out with a Public Issue in December, 2022 and raised Rs. 257 crores through Fresh Issue amounting to Rs. 54 crore and offer for sale by issuing 21,222,431 Equity Shares.

Parent Organisation
Indian Private
Managing Director
Col. David Devasahayam
Founded
2005
NSE Symbol
RADIANTCMS

Peer Comparision

StocksMarket Cap (cr)Market Price (₹)52 Week Low-High (₹)

Community Discussion

A
AngelOne
10th July 2024
0 Likes
0 Replies

A
AngelOne
10th July 2024
Radiant Cash Management Services Ltd-latest-market-updates-83668
0 Likes
0 Replies

Radiant Cash Management Services Ltd FAQs

Radiant Cash Management Services Ltd (RADIANTCMS) share price as of July 15, 2024, on NSE is Rs 83.82 (NSE) and Rs 83.82 (BSE) on BSE.
Yes, You can buy Radiant Cash Management Services Ltd (RADIANTCMS) shares by opening a Demat account with Angel One.
Radiant Cash Management Services Ltd (RADIANTCMS) share can be bought through the following modes:
1. Direct investment: You can buy Radiant Cash Management Services Ltd (RADIANTCMS) shares by opening a Demat account with Angel One.
2. Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to Radiant Cash Management Services Ltd (RADIANTCMS) shares.
Open Free Demat Account!

Enjoy Zero Brokerage on Equity Delivery

Join our 2 Cr+ happy customers

+91
Top Stocks

VIEW ALLView All Stocks

Top Gainers





VIEW ALLView All Stocks

Top Losers





VIEW ALLView All Stocks

Enjoy Zero Brokerage on Equity Delivery
4.4 Cr+DOWNLOADS
Enjoy Zero Brokerage on Equity Delivery

Get the link to download the App

Send App Link
Open Free Demat Account!
Enjoy Zero Brokerage on Stock Investments.