31 Mar 2019
Assets141.44
Total Income223.13
Profit After Tax25.02
NET Worth105.72
Reserves and Surplus0.00
Total Borrowing17.73
At a glance
Updated 2026-08-31The shares listed at ₹104.00, a 10.64% move from the issue price. Radiant Cash Management is a Mainboard IPO with an issue size of ₹256.64 crore, proposed for listing on BSE, NSE. The offer opens on 23rd Dec 2022 and closes on 27th Dec 2022. The issue structure includes a fresh issue of ₹52.47 crore and an offer-for-sale component of ₹204.17 crore. The current listing schedule points to 4th Jan 2023.
Issue details
Listing atBSE, NSE
Issue typeBook Build Issue
Issue size₹256.64 Cr
Fresh issue₹52.47 Cr
Offer for sale₹204.17 Cr
Face value₹1
Price band₹94.00–₹99.00
Allotment30th Dec 2022
Listing4th Jan 2023
Listing performance
Full performance ↗Issue price₹94.00
Listing price₹104.00
Current price—
Listing gain10.64%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹6.00
GMP / upper price6.06%
Est. listing₹105.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens23rd Dec 2022
Closes27th Dec 2022
Allotment30th Dec 2022
Refund2nd Jan 2023
Demat3rd Jan 2023
Listing4th Jan 2023
Subscription demand
Full bidding ↗Total0.12×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 150 | ₹14,850 |
Company
Incorporated2005
Use of proceeds
| Object | Amount |
|---|---|
| Funding working capital requirements; | ₹20.00 Cr |
| Funding of capital expenditure requirements for purchase of specially fabricated armoured vans; and | ₹25.48 Cr |
| General corporate purposes. | ₹3.77 Cr |
Financials
Full financials ↗31 Mar 2020
Assets157.62
Total Income251.78
Profit After Tax36.50
NET Worth119.57
Reserves and Surplus0.00
Total Borrowing21.13
31 Mar 2021
Assets162.14
Total Income224.16
Profit After Tax32.43
NET Worth127.10
Reserves and Surplus0.00
Total Borrowing11.05
31 Mar 2022
Assets190.57
Total Income286.97
Profit After Tax38.21
NET Worth139.76
Reserves and Surplus0.00
Total Borrowing26.75
30 Jun 2022
Assets203.95
Total Income84.38
Profit After Tax15.32
NET Worth155.19
Reserves and Surplus0.00
Total Borrowing25.54
Trend chart₹ crore
KPIs
| KPI |
|---|
| ROE |
| ROCE |
| Debt / Equity |
| RoNW |
| PAT Margin |
| EBITDA Margin |
Valuation & shareholding
Pre-IPO EPS3.77
Pre-IPO P/E17.34
Promoter holding pre66.39%
Promoter holding post53.21%
Market cap₹1062.41 Cr.
Issue expenses
| Expense | Amount |
|---|---|
| Fees payable to the BRLMs | ₹0.75 Cr |
| Advertising and marketing expenses | ₹0.25 Cr |
| Fees payable to the Registrar to the Offer including printing of post offer stationery | ₹0.00 Cr |
| Brokerage and selling commission, processing fees payable to Sponsor Banks, SCSBs, Registered Brokers, RTAs and CDPs, as applicable(1)(2)(3)(4) | ₹0.16 Cr |
| Printing and distribution of issue stationery | ₹0.16 Cr |
| Fees to regulators, including stock exchanges | ₹0.20 Cr |
| Fees payable to legal counsel | ₹0.22 Cr |
| Others | — |
| Industry expert | ₹0.04 Cr |
| Auditors; and | ₹0.17 Cr |
| Miscellaneous. | ₹0.29 Cr |
Registrar & lead managers
Registrar
MUFG Intime India Pvt.Ltd.Lead managers
- Motilal Oswal Investment Advisors...
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-31.