
Financial Services · NSE / BSE
Incorporated in 2005, Radiant Cash Management Services Limited is a leading provider of retail cash management (RCM) services in India, catering to banks, financial institutions, and organized retail and e-commerce companies. The company’s services include cash collection and delivery, cash processing, overnight vaulting, ATM cash management, and delivery of sensitive banking materials such as PIN mailers and cheque books. Supported by a team of around 1,761 employees (as of July 31, 2021), Radiant operates across 12,150 pin codes covering nearly all Indian districts, with 42,420 touchpoints and over 4,700 service locations. Its main objectives encompass offering secure and efficient cash logistics, managing digital and mobile financial transactions, and undertaking BPO activities related to cash management. Key clients include leading banks such as HDFC Bank, ICICI Bank, Axis Bank, SBI, Kotak Mahindra Bank, Citibank, and HSBC.
Price Band
₹94 – ₹99
Issue Size
₹257 Cr
Lot Size
150 shares
GMP
Est. Listing
₹99
at current GMP
Subscribed
0.53x
overall
Open
23 Dec 2022
Close
27 Dec 2022
Allotment
2 Jan 2023
Refund
3 Jan 2023
Demat Credit
4 Jan 2023
Listing
4 Jan 2023