Radiant Cash Management IPO GMP, Radiant Cash Management Grey Market Premium Today
Radiant Cash Management IPO: Radiant Cash Management IPO GMP (Radiant Cash Management Grey Market Premium), Radiant Cash Management IPO Date, Radiant Cash Management Ltd IPO Review and Rating for Short term and long-term. We will update Radiant Cash Management GMP daily. Stay tuned with us for Radiant Cash Management Limited IPO GMP and other important updates.
Radiant Cash Management IPO Details
Radiant Cash Management Ltd Has filed its DRHP (Draft Red Herring Prospectus) with market regulator SEBI (Securities and Exchange Board of India) to raise around Rs 387.94 crore through IPO (Initial public offering).
Radiant Cash Management IPO opening Date is 23 December 2022 and the closing date is 27 December 2022. Radiant Cash Management IPO Price band is ₹94 to ₹99. Radiant Cash Management Limited IPO size is 387.94 Crores. Radiant Cash Management IPO QIB quota is 50%, NII quota is 15% and RII quota is 35%. Radiant Cash Management IPO will list on 04 January 2023. You can know about Radiant Cash Management IPO GMP (Grey Market Premium) below.
You can also know about Radiant Cash Management limited financial details i.e. Total assets, Revenue, and Profit after tax. The company made a profit of ₹38.21 crores in the financial year 2022. The IPO of Radiant Cash Management will be listed on NSE and BSE. Radiant Cash Management IPO face value is ₹10 per equity share.
We will talk about Radiant Cash Management financials, benefits, and risks of investing in the company. You can see All information about Radiant Cash Management IPO GMP, Kostak rate, and subject to sauda rates below.
Radiant Cash Management GMP Today (Grey Market Premium)
| DATE | GMP | KOSTAK | Subject to Sauda |
|---|---|---|---|
| 04 January | ₹ | ₹ | ₹ |
| 03 January | ₹ | ₹ | ₹ |
| 02 January | ₹10 | ₹- | ₹- |
| 01 January | ₹10 | ₹- | ₹- |
| 31 December | ₹10 | ₹- | ₹- |
| 30 December | ₹10 | ₹- | ₹- |
| 29 December | ₹10 | ₹- | ₹- |
| 28 December | ₹10 | ₹- | ₹- |
| 27 December | ₹5 | ₹- | ₹- |
| 26 December | ₹5 | ₹- | ₹- |
| 25 December | ₹- | ₹- | ₹- |
| 24 December | ₹- | ₹- | ₹- |
| 23 December | ₹- | ₹- | ₹- |
| 22 December | ₹- | ₹- | ₹- |
| 21 December | ₹- | ₹- | ₹- |
| 20 December | ₹- | ₹- | ₹- |
| 19 December | ₹- | ₹- | ₹- |
Radiant Cash Management IPO Date and Price Band Details
| IPO Open: | 23 December 2022 |
| IPO Close: | 27 December 2022 |
| Listing Date: | 04 January 2023 |
| Listing On: | NSE & BSE |
| IPO Size: | Approx ₹387.94 crores |
| Fresh Issue: | Approx ₹60 crores |
| Offer For Sale: | Approx ₹327.94 crores |
| Price Band: | ₹94 to ₹99 per share |
| Face Value: | ₹10 per Equity share |
| QIB Portion: | 50% |
| Retail Portion: | 35% |
| NII Portion: | 15% |
| Employee Res: | Not Disclosed |
Radiant Cash Management IPO Lot Size Details
| Minimum Lot: | 01 |
| Minimum Lot Size: | 150 Shares |
| Minimum Amount: | ₹14,850 |
| Maximum Lot: | 13 |
| Maximum Lot Size: | 1950 Shares |
| Maximum Amount: | ₹193,050 |
Radiant Cash Management IPO Open, Close, Allotment, and Listing Date
| Ipo Opening Date: | 23 December 2022 |
| IPO Closing Date: | 27 December 2022 |
| Basis of Allotment: | 30 December 2022 |
| Refund Date: | 02 January 2023 |
| Credit to Demat Account: | 03 January 2023 |
| Listing Date: | 04 January 2023 |
Radiant Cash Management IPO Review
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You can also check the latest IPO subscription status and IPO allotment status of Radiant Cash Management IPO on our website.
Promoters
- Col David Devasahayam
- Dr. Renuka David
Contact Details of Radiant Cash Management
28, Vijayaraghava Road,
T. Nagar, Chennai 600 017,
Tamil Nadu, India
Telephone: +91 044 4904 4904
E-mail: jayabharathi@radiantcashlogistics.com
Website:www.radiantcashservices.com
Radiant Cash Management Lead Managers
- IIFL Securities Limited
- Motilal Oswal Investment Advisors Limited
- YES Securities (India) Limited
Radiant Cash Management IPO Registrars
C-101, 1st Floor, 247 Park
L.B.S. Marg, Vikhroli (West)
Mumbai 400 083, Maharashtra
Telephone: +91 22 4918 6200
Email: radiant.ipo@linkintime.co.in
Website:www.linkintime.co.in
Conclusion
The GMP (Grey Market Premium), Kostak Rate, and Subject Rate of Radiant Cash Management IPO are given in the above table. The track record has been good considering the financial position of the company. The company had a profit of Rs 38.21 crore in the financial year 2022. Our suggestion will be updated when Radiant Cash Management Limited IPO starts. Given above is the brokerage review of Radiant Cash Management Limited IPO and other information. Click here to know the strength, risk, and financial details of Radiant Cash Management IPO.
Radiant Cash Management IPO FAQs
How to Apply the Radiant Cash Management Ltd IPO with Zerodha?
Disclaimer
- We are not involved in gray market trading in any way. And do not provide the facility to buy or sell any IPO from IPO.
- Reference to IPO Grey Market Premium (IPO GMP) is valid only for the date specified in the header.
- We are not involved in the buying or selling of IPO forms.
- Do not decide to subscribe to an IPO solely based on GMP (Grey Market Premium), as this can change at any time. Research the fundamentals and financial statements of companies before subscribing.
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