Radiant Cash Management Services Limited
23 Dec 2022 – 27 Dec 2022
LISTED
Offer Price
₹94–99
Bid lot
150
Min Application
₹14,850
Issue Size
₹388 Cr
Key dates
Open date
23 Dec 2022
Done
Close date
27 Dec 2022
Done
Basis of allotment
—
TBA
Initiation of refunds
—
TBA
Credit to demat
—
TBA
Listing date
04 Jan 2023
Today
Issue reservation
₹388 CrQIB 50%Retail 35%
QIB
1.96 Cr sh · ₹194.00 Cr
Retail
1.37 Cr sh · ₹135.80 Cr
BRLM: IIFL Securities Limited · Motilal Oswal Investment Advisors Limited · YES Securities (India) Limited
Lot ladder — how much to bid
1 lot = 150 sharesRetail · Up to ₹2 L1–13 lots
Min · 1 lot
150 sh · ₹14,850
Max · 13 lots
1,950 sh · ₹1,93,050
S-HNI · ₹2 L to ₹10 L14–67 lots
Min · 14 lots
2,100 sh · ₹2,07,900
Max · 67 lots
10,050 sh · ₹9,94,950
B-HNI · Above ₹10 L68+ lots
Min · 68 lots
10,200 sh · ₹10,09,800
Entry point
₹10,09,800 onward
Issue details
Lead managersIIFL Securities Limited, Motilal Oswal Investment Advisors Limited, YES Securities (India) Limited
Face value₹10
Listing onNSE
RegistrarLink Intime India Private Limited
Live subscription
0.68×
0×1×2×3×+
In progress
Book₹329.80 Cr
Subscribed₹224.46 Cr
Applications—
Share-wise
by category| Category | Book Size | Subscription | No. of Times |
|---|---|---|---|
| QIB | 1,95,95,960₹194.00 Cr | 1,97,91,919₹195.94 Cr | 1.01× |
| HNI | 58,78,788₹58.20 Cr | 38,80,000₹38.41 Cr | 0.66× |
| Retail | 1,37,17,172₹135.80 Cr | 28,80,606₹28.52 Cr | 0.21× |
| Total | 3,33,13,132₹329.80 Cr | 2,26,72,525₹224.46 Cr | 0.68× |
*QIB Book Size is Gross — the anchor allocation is not on this record yet.
Subscription Demand
in ₹ crore| Category | Applied |
|---|---|
| QIB | 195.94 |
| HNI | 38.41 |
| Retail | 28.52 |
| Total | 224.46 |
Amounts at the upper band (₹99). Times figures are computed from the shares this page shows so Book × Times = Subscribed always cross-checks.
Grey-market sentiment
No grey-market data yet.
Documents
RHPOpen ↗
Filed with SEBI / the exchange by the issuer. Opens on the issuer's or the regulator's site.
How to apply
1Create your account & log inSign up on Investoyard and complete a quick KYC.
2Pick the IPO & tap ApplyOpen the live IPO and choose your investor category.
3Enter bid & quantityUp to 3 bids · cut-off or price band · retail cap ₹2,00,000.
4Approve the UPI mandateYou receive a fund-block request on your UPI app.
5DoneFunds stay blocked until allotment, then auto-debited (or released).
Frequently asked questions
What is the minimum investment in the Radiant Cash Management Services Limited IPO?
One lot of 150 shares — ₹14,850 at the upper price band of ₹99.
How many bids can I place?
Up to 3 bids per application. Retail applications are capped at ₹2,00,000; above that you must apply in the HNI category.
When are the funds debited?
Funds are blocked via a UPI mandate at application and debited only on allotment. If shares are not allotted, the block is released automatically.
When will the shares list?
Tentative listing on 2023-01-04 on NSE.