IPO Price History
Closed
Radiant Cash Management Services Limited logo

Radiant Cash Management Services Limited IPO

Mainboard IPOListedRADIANTCMSNSE
Current Market Price (CMP)
₹32.09(-65.86%)
Current Price (CMP)
₹32.09(-65.86%)

Live Market Quote

Listing Price & Gain
₹103(+9.57%)

Day 1 Exchange Open

IPO Issue Price
₹94

Band: ₹94 - ₹99

Total Subscription
0.53x

Overall Bid Demand

Total Issue Size
—

Gross Public Offer

IPO Schedule & Key Dates

IPO Bidding Opens
23 Dec 2022
IPO Bidding Closes
27 Dec 2022
Allotment & Refunds
Completed
Exchange Listing Day
04 Jan 2023

IPO Subscription Status

Breakdown of institutional, high-net-worth, and retail bidding demand

Overall Demand: 0.53x
Investor CategorySubscriptionDemand Scale
Qualified Institutional Buyers (QIB)1.01x
Non-Institutional Investors (NII / HNI)0.66x
Retail Individual Investors (RII)0.21x
Total Subscription0.53x
Updated as on 27-Dec-2022 21:00:00

Listing Day & Return Performance

Listing Day Gain+9.57%
₹94 (Issue) → ₹103 (List)
Per share profit: +₹9.00
Holding Return (Till Date)-65.86%
₹94 (Issue) → ₹32.09 (CMP)
Net gain per share: ₹-61.91
Post-Listing Performance (Listing Day → Today):-68.84%

About Radiant Cash Management Services Limited IPO

Radiant Cash Management Services Limited is an Indian public offering categorized under the Mainboard segment. The public issue opened for bidding on 23 Dec 2022 and concluded on 27 Dec 2022, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹94 - ₹99.

During the bidding window, Radiant Cash Management Services Limited closed with a subscription of 0.53 times. Institutional investors (QIB) subscribed 1.01x, non-institutional high-net-worth investors (NII) subscribed 0.66x, and retail individual investors (RII) bid 0.21x their reserved quota.

The equity shares of Radiant Cash Management Services Limited officially debuted on the stock exchanges on 04 Jan 2023 at an opening listing price of ₹103, delivering a listing day return of +9.57% (premium) over the final issue price. As per the latest market data, the stock trades at ₹32.09, representing an overall decline of -65.86% since its IPO allotment.

Frequently Asked Questions

What was the issue price or price band of Radiant Cash Management Services Limited IPO?
The issue price of Radiant Cash Management Services Limited IPO was fixed at ₹94 per equity share. The indicative bidding price band was ₹94 - ₹99.
What were the open, close, and listing dates for Radiant Cash Management Services Limited IPO?
Radiant Cash Management Services Limited IPO opened on 23 Dec 2022, closed on 27 Dec 2022, listed on 04 Jan 2023.
How much was Radiant Cash Management Services Limited IPO subscribed?
The IPO received an overall subscription of 0.53 times. Category-wise, QIBs subscribed 1.01x, NIIs subscribed 0.66x, and Retail investors subscribed 0.21x.
What was the listing price and listing gain of Radiant Cash Management Services Limited IPO?
Radiant Cash Management Services Limited IPO listed on the stock exchange at ₹103, delivering a listing gain of 9.57% compared to the IPO issue price of ₹94.
Is Radiant Cash Management Services Limited IPO a Mainboard or SME IPO?
Radiant Cash Management Services Limited IPO is a Mainboard IPO listed on the main exchange of NSE.
What is the current return of Radiant Cash Management Services Limited IPO since its IPO?
At the latest market quote of ₹32.09, Radiant Cash Management Services Limited IPO has generated an all-time return of -65.86% since its initial public offering.

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