Radiant Cash Management Services Ltd. IPO

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 is one of the largest players in the RCM segment in terms of network locations or touch points served as of July 31, 2021.

RHP
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DRHP
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Open Date

2022-12-23

Close Date

2022-12-27

Radiant Cash Management Services Ltd. IPO Details

Check out the issue details for Radiant Cash Management Services Ltd. IPO as disclosed in SEBI.

IPO Price

₹ 94

Price Band

₹ 94 - 99

Issue Size

387.94 Cr.

Issue Type

Book Built

Open

2022-12-23

Close

2022-12-27

Listingprice

₹ 103

ListingGain

9.57%

Listing Date

2023-01-04

CMP

₹ 76.01

Current Return

-19.14%

Radiant Cash Management Services Ltd. News

Radiant Cash Mgmnt. - Quaterly Results13 Nov, 1:52PM Radiant Cash Management Services informs about analyst meet11 Nov, 5:24PM Radiant Cash Management Services informs about analyst meet11 Nov, 5:09PM Radiant Cash Management Services informs about analyst meet11 Nov, 4:38PM Radiant Cash Management Services informs about earnings conference call11 Nov, 1:20PM Radiant Cash Management Services informs about disclosure27 Sep, 5:30PM Radiant Cash Management Services informs about analyst meet3 Sep, 1:04PM Radiant Cash Management Services informs about AGM and record date12 Aug, 10:14AM Radiant Cash Mgmnt. - Quaterly Results7 Aug, 3:27PM Radiant Cash Mgmnt. - Quaterly Results7 Aug, 3:27PM Radiant Cash Mgmnt. - Quaterly Results7 Aug, 3:27PM Radiant Cash Mgmnt. - Quaterly Results23 May, 5:07PM Radiant Cash Mgmnt. - Quaterly Results23 May, 5:07PM Radiant Cash Mgmnt. - Quaterly Results23 May, 5:07PM Radiant Cash Mgmnt. - Quaterly Results13 Feb, 2:53PM Radiant Cash Mgmnt. - Quaterly Results13 Feb, 2:53PM Radiant Cash Mgmnt. - Quaterly Results13 Feb, 2:53PM Radiant Cash Management Services informs about trading window closure1 Jan, 11:57AM Radiant Cash Management to acquire majority stake in Aceware Fintech Services8 Nov, 10:59AM Radiant Cash Mgmnt. - Quaterly Results7 Nov, 2:36PM

Company Financials

You can get the following financial statements of Radiant Cash Management Services Ltd. as of now.

Exchange

NSE: RADIANTCMS BSE: 543732

  Profit Loss
  Balance Sheet
  Quarterly
  Shareholding
  Cash Flow

The details about the Radiant Cash Management IPO is as:

  • The issue size of the IPO is 387.94 Cr.
  • The price band for Radiant Cash Management IPO is Rs 94 to Rs 99.
  • The shares of Radiant Cash Management IPO will list on 4rth January 2023.
  • The latest tentative GMP of Radiant Cash Management IPO is Rs 3.
  • The shares of Radiant Cash Management IPO is subscribed 0.53 Times as of 27th December 2022.

 

Radiant Cash Management IPO Valuation

The approx valuation of Radiant Cash Management IPO company based on its price band and DRHP (prospectus) is: 

Particulars Value
Upper Price Band Rs 99
Existing Shares (Qty) 10.12 Cr
Fresh Issue 60 Cr
Market Cap 1061.88 Cr
EPS (FY2) Rs 3.77
PE Ratio 26.25x
Industry PE 19.71x

 

Radiant Cash Management IPO Issue Size

Radiant Cash Management IPO issue size is 387.94 Cr 

Issue Amount
Fresh Issue 60 Cr
Offer For Sale 327.94 Cr

 

Radiant Cash Management IPO Market Lot

An Individual can apply for a minimum 1 lot of 150 shares and a maximum of 13 lots of 1950 shares. Find the details below:

Application Lot Shares Amount
 Minimum  1 150 Rs 14,850
 Maximum 13 1950 Rs 1,93,050

 

Radiant Cash Management IPO share offer

The shares of Radiant Cash Management IPO is subscribed 0.53 Times as of 27th December 2022. The category-wise shares offered are as follows:

Category % Offered
Qualified Institutional Maximum 50%
Non-Institutional Minimum 15%
Retail Individual Minimum 35%

 

Find below the dates for Radiant Cash Management Ltd IPO:

Schedule Date
Basis of Allotment 30 December 2022
Refunds 2 January 2023
Credit to Demat Account 3 January 2023
IPO Listing Date 4 January 2023

Check allotment status

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Other Income 3.5 2.49 0.94 2.58 5.73
Interest 16.75 16.33 22.37 18.99 20.05
Exceptional Items 0 0 0 0 0
Profit Before Tax 50.26 45.04 52.06 84.31 61.77
Tax 13.75 12.61 13.85 21.59 16.33
Adjusted EPS (Rs.) 0.36 0.37 0.38 0.59 0.43

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity and Liabilities
Share Capital 1.28 1.19 10.13 10.67 10.67
Total Reserves 118.3 125.91 129.64 219.26 243.04
Borrowings 1.64 1.46 1.26 0.88 0
Other N/C liabilities -3.07 1.76 -1.06 -1.44 3.6
Current liabilities 36.4 31.83 48.75 48.04 50.1
Total Liabilities 154.54 162.14 188.72 277.42 307.41
Assets
Net Block 8.2 11.05 14.09 13.29 34.09
Capital WIP 0 0 0 1.94 1.32
Intangible WIP 0 0 0 0 0
Investments 28.24 0 0 0 11.2
Other N/C Assets 0.72 4.12 3.3 7.76 6.38
Current Assets 114.74 144.23 169.27 252.66 251.35
Total Assets 154.54 162.14 188.72 277.42 307.41
* Other Non-current Liabilities include Net deferred Liabilities

Quarterly Result (All Figures in Cr.)

PARTICULARS Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
Other Income 1.95 0.89 1.17 1.29 1.6
Interest Expended 0.14 0.32 0.57 0.47 0.32
Operating Expenses 80.16 83.23 83.25 81.39 84.78
Total Provisions 0 0 0 0 0
Profit Before Tax 13.82 16.19 12.53 15.39 16.76
Tax 3.65 4.16 3.54 4.29 4.49
Net Profit 10.17 12.03 8.99 11.11 12.27
Adjusted EPS (RS) 0.95 1.13 0.84 1.04 1.15

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Sep 2024 56.92 0
Jun 2024 56.92 0
Mar 2024 56.92 0
Dec 2023 56.92 0
Sep 2023 56.92 0
* Figures given above are % of equity capital
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