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.
₹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
Terms of the issue
The mechanics of what is being sold. Held for every issue we track.
Price band₹94 – ₹99
Cut-off price₹99
Issue size₹388 Cr
Shares per lot150
Minimum application₹14,850
Minimum quantity150
Face value₹10
Listing exchanges—
ISININE855R01021
Bidding hours10:00 – 19:00 IST
Bidding window23 Dec 2022 – 27 Dec 2022
Not here yet
Valuation against the issuer's named peers, what the fresh money funds, and the anchor-investor allocation come from reading the prospectus, which we do for current and upcoming issues — historical issues will not gain them.