Radiant Cash
CMP
79.91
+0.53 (0.67%)
- DRHP
₹94
Offer Price
₹ 256.64 Cr
Issue Size
₹ 14,100
Min Investment
0.53x
Times Subscribed
150
Lot size
Time Line
-
23Dec 2022Open
-
27Dec 2022Close
-
30Dec 2022Finalisation of Basis of Allotment
-
02Jan 2023Initiation of Refunds
-
03Jan 2023Transfer of Shares to Demat Account
-
04Jan 2023Listing Date
Shares Offered
Number of Times Subscribed
Day 3
27 Dec 2022
0.53x
QIB
1.01
NIB
0.66
Retail
0.21
Employee
0.00
Day 2
26 Dec 2022
0.11x
QIB
0.16
NIB
0.03
Retail
0.12
Employee
0.00
Day 1
23 Dec 2022
0.04x
QIB
0.05
NIB
0.00
Retail
0.06
Employee
0.00
Objects of the Offer
-
Capitalize on strong growth of key end-user sectors
-
Improve the share of Value-Added-Services in its revenue mix
-
Target direct end-users to improve profitability through increasing route density
-
Increase market share from unorganized players in Cash Van Operations
Products & Services
-
Radiant Cash Management Services Ltd is an integrated cash logistics player with leading presence in retail cash management ("RCM") segment.
Strengths
-
Leading integrated cash logistics player in a consolidating industry present across the value chain of retail cash management
-
Pan India presence with strong network in Tier 2 and Tier 3+ locations and fast growing end user segments
-
Diversified client base with long standing relationship and ability to cross-sell value added services
-
Robust Operational Risk Management
-
Significantly built up technology to optimise operational profitability
Company Promoters
Promoters Holding
Issue For IPO
66.39%
Pre Holding
66.39%
Post Holding
-
Top Promoters Holding
Financials
All values in Cr
| Mar-2021 | Mar-2022 | Mar-2023 | 3-Yr trend | |
|---|---|---|---|---|
| Revenue | 221.67 (-10.70%) | 286.04 (29.00%) | 354.91 (24.10%) | |
| Gross Profit | 47.78 (-9.30%) | 55.82 (16.80%) | 88.77 (59.00%) | |
| Net Income | 32.43 (-11.20%) | 38.21 (17.80%) | 62.73 (64.20%) | |
| Assets | 141.09 (0.20%) | 168.51 (19.40%) | 258.68 (53.50%) | |
| Liabilities | 14.15 (-33.20%) | 28.74 (103.10%) | 28.75 (0.00%) |
Peers
| Company Name | Revenue (Cr) | Net Profit (Cr) | Assets (Cr) | Liabilities (Cr) | ROE | EPS | BVPS | Current Ratio | Debt to Assets |
|---|---|---|---|---|---|---|---|---|---|
| Radiant Cash Management Services Ltd | 286.04 | 38.21 | 168.51 | 28.74 | 27.34 | 0.00 | 13.80 | 7.61 | 0.17 |
| SIS Ltd | 10,059.08 | 325.07 | 5,096.26 | 5,096.26 | 15.69 | 21.87 | 141.08 | 6.37 | 0.64 |
| CMS Info Systems Ltd | 1,589.67 | 224.04 | 1,855.70 | 1,855.70 | 17.83 | 14.33 | 82.02 | 12.07 | 0.00 |
Book Running Managers
- IIFL Securities Ltd
- Motilal Oswal Investment Advisors Ltd
- Yes Securities (India) Ltd
Registrar & Transfer Agent
Link Intime India Pvt Ltd
C-101 247 Park,L B S Marg,
Vikhroli West - Mumbai-400083 Phone : 91-22-49186000 Fax: 91-22-49186060
Company Contact Information
28 Vijayaraghava Road,T Nagar,
Chennai - 600017 Phone : 91-44-49044904 Email : jayabharathi@radiantcashlogistics.com www.radiantcashservices.com
Offer Related Information
Initial public offer of 26,676,977* equity shares of face value of Re. 1 each ("Equity Shares") of Radiant Cash Management Services Limited for cash at a price of Rs. 94*^ per equity share (including a share premium of Rs. 93*^ per equity share) ("Offer Price") aggregating to Rs. 256.64* crores ("Offer") comprising a fresh issue of 5,454,546* equity shares aggregating to approximately Rs. 54.00* crores by the company (the "Fresh Issue") and an offer for sale of 21,222,431* equity shares... More
News
-
28 Dec 2022, 12:55 PM
Radiant CMS IPO subscribed 53% on last day
-
27 Dec 2022, 17:41 PM
Radiant Cash Management Services IPO subscribed 52%
-
26 Dec 2022, 17:12 PM
Radiant Cash Management Services IPO subscribed 11%
-
23 Dec 2022, 17:19 PM
Radiant Cash Management Services IPO subscribed 4%
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