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Radiant Cash Management Services IPO
₹104.90
+11.60% on listing
Listing-day close · NSE · 4 Jan 2023 · issue price ₹94
Radiant Cash Management Services’ ₹257 crore IPO was priced at ₹94 a share. It listed on the NSE on 4 Jan 2023 and closed its first day at ₹104.90, up 11.60% on the issue price.
Timeline
- Opens
- Closes
- Allotment
- Refunds
- Shares in demat
- Listing
Issue details
- Issue size
- ₹257 Cr
- Fresh issue
- ₹52.47 Cr
- Offer for sale
- ₹204 Cr
- Lot size
- 150 shares
- Minimum investment
- ₹14,100
- Face value
- ₹1
- Registrar
- MUFG Intime India
Subscription
| Category | Shares offered | Times subscribed |
|---|---|---|
| Total | — | 1.10× |
Overall, from the basis of allotment.
Financials and valuation
- Market cap (post-issue)
- ₹1,062 Cr
- ROE
- 27.34%
- ROCE
- 33.07%
- Debt to equity
- 0.21
- EBITDA margin
- 20.73%
- PAT margin
- 13.31%
- Promoter holding
- 66.39% → 53.21%
From the offer documents.
Listing
- Listing date
- 4 Jan 2023
- Issue price
- ₹94
- Open
- ₹103.00
- High
- ₹116.80
- Low
- ₹98.10
- Close
- ₹104.90
Listing day on the NSE. The close was +11.60% on the issue price.
FAQs
When did the Radiant Cash Management Services IPO open and close?
It opened on 23 Dec 2022 and closed on 27 Dec 2022.
What was the Radiant Cash Management Services IPO price?
The price band was ₹94–99 a share. The final issue price was ₹94.
What is the lot size and minimum investment?
One lot is 150 shares, ₹14,100 at ₹94 a share. Retail investors apply in whole lots.
How much did Radiant Cash Management Services raise?
₹257 crore: ₹52.47 crore of new shares and ₹204 crore offered by existing shareholders.
How many times was the Radiant Cash Management Services IPO subscribed?
1.10 times overall.
How did Radiant Cash Management Services list?
It listed on the NSE on 4 Jan 2023 at ₹103.00 and closed the day at ₹104.90, up 11.60% on the ₹94 issue price.
Who is the registrar of the Radiant Cash Management Services IPO?
MUFG Intime India handles the allotment, refunds and credit of shares.
For information only. Not investment advice or a research report.
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