Issue Open Date
|
23-Dec-22
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Issue Closing Date
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27-Dec-22
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Application Money
|
100
|
Allotment Money
|
|
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Price Band (Rs.)
|
94-99
|
Minimum Bid Quantity.
|
150
|
Issue Size (Shares)
|
26676977
|
Market Lot
|
1
|
|
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Objective :
|
1. Funding working capital requirements.2. Funding of capital expenditure requirements for purchase of specially fabricated armoured vans.3. General corporate purposes.
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Category
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No. of Shares
|
No. of Shares
|
Subscription Ratio
|
|
Offered / Reserved
|
Bid For
|
|
Non-Institutional Investors
|
5877841
|
3877200
|
0.66
|
Qualified Institutional Buyers
|
7837121
|
7934550
|
1.01
|
Retail Individual Investors
|
7837121
|
7934550
|
1.01
|
|
|
|
Business 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 ser
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Promoter's Holding
|
Total Share Capital
|
67222631
|
Offered to Public
|
26676977
|
Promoter's Holding (Pre-Issue)
|
66.39
|
Promoter's Holding (Post-Issue)
|
56.92
|
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More..
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Address
|
28 Vijayaraghava Road T. Nagar
Chennai
,
Tamil Nadu
,
600017
Phone :
044 4904 4904
Email :
jayabharathi@radiantcashlogistics.com
Website :
www.radiantcashservices.com
|
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Registrar
|
Link Intime India Pvt Ltd.
C 101 247 Park LBS Marg Vikhroli (West) Mumbai
|
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Listed at
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BSE, NSE
|
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Lead Manager
|
IIFL Securities Ltd. Motilal Oswal Investment Advisors Pvt Ltd Yes Securities (India) Ltd.
|
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Promoters
|
David Devasahayam Renuka David
|
|