Radiant Cash Management Services Ltd.
Industry:
Finance - Investment
Issue Details
Open Date
23 Dec 2022Close Date
27 Dec 2022Size (in Crs.)
250.764
Size (Shares)
-Listing On
BSE, NSE
Issue Terms
Price Range
-5Lot Size
150
Type
Book building
Face Value
1
Market Lot
1
Objective of the Issue
1. Funding working capital requirements.2. Funding of capital expenditure requirements for purchase of specially fabricated armoured vans.3. General corporate purposes.
Description
We are an integrated cash logistics player with leading presence in retail cash management (“RCM”) segment of the cash management services industry in India and are one of the largest players in the RCM segment in terms of network locations or touch points served as of July 31, 2021. (Source: F&S Report) We provide services across 12,150 pin codes in India covering all districts (other than Lakshadweep) with about 42,420 touch points serving more than 4,700 locations as of July 31, 2021. Our marquee clients in... Show More
Address
28, Vijayaraghava Road , T. Nagar ,
Chennai
600017
Promoter Holding
Promoters:
David Devasahayam , Renuka David
Total Share Capital
67222631
Offered to Public
26676977
% Promoter's Holding (Pre-Issue)
66.39
% Promoter's Holding (Post-Issue)
56.92
Shares on offer
Total Share Offer
67222631
Of above offred to public
26676977
Post Issue shares
NA
Post Issue Promoters
56.92
Lead Managers to the Issue:
IIFL Securities Ltd., Motilal Oswal Investment Advisors Pvt Ltd, Yes Securities (India) Ltd.
Registrar Details
Registrar Name:
MUFG Intime India Pvt Ltd.
Address
C 101, 247 Park , LBS Marg , Vikhroli (West) , Mumbai
400083
Phone No.
+91 810 811 8484
Website
https://in.mpms.mufg.com/
Fax
91-022-49186060