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ListedMainboardRADIANTCMS

Radiant Cash Management Services Limited

Radiant Cash Management Services Limited is a mainboard IPO raising ₹388 Cr at ₹94 – ₹99 a share. It listed on 4 Jan 2023 and trades at ₹37 today, −63.1% against its issue price of ₹99. It was subscribed 0.53× in total.

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₹99
Issue price
₹37
Price now
−63.1%
Since issue price
4 Jan 2023
Listed on
0.53×Subscribed (final) · all exchanges

Only 53% of shares on offer have been bid for

populated partly populated we hold nothing here — the tab says why

Who bid for it

Investor categoryShares offeredShares bid forSubscribed
QIB
Banks, funds and other large institutions
78,37,12179,34,5501.01×
Foreign Institutional Investorsno separate quota56,44,800n/a
Domestic Financial Institutionsno separate quota0n/a
Mutual fundsno separate quota0n/a
Othersno separate quota22,89,750n/a
Non-institutional
Wealthy individuals and companies bidding above ₹2 lakh
58,77,84138,77,2000.66×
Non Institutional Investors39,18,56036,98,8500.94×
Corporatesno separate quota20,80,950n/a
Individualsno separate quota16,17,900n/a
Othersno separate quota0n/a
Non Institutional Investors19,59,2811,78,3500.09×
Corporatesno separate quota9,750n/a
Individualsno separate quota1,64,250n/a
Othersno separate quota4,350n/a
Retail
Ordinary investors bidding up to ₹2 lakh
1,37,14,96328,15,9500.21×
Cut Offno separate quota23,96,250n/a
Price bidsno separate quota4,19,700n/a
Total2,74,29,9251,46,27,7000.53×

Sub-categories read no separate quota rather than a dash: the exchange publishes bids at that level but never a reservation against them, so a subscription multiple does not exist — it is not missing data. Bids across both exchanges (NSE and BSE) — the figure usually quoted publicly. Last updated 25 Jul, 07:17 pm IST.

How demand built

We hold no subscription readings for this issue.