Radiant Cash Management IPO Subscription Details

Bookbuilding IPO | ₹257 Cr | Listed at BSE, NSE | Fri, Dec 23, 2022 - Tue, Dec 27, 2022

Basis of Allotment - Radiant Cash Management IPO

Category QIB NII Retail Total
Ex. Anchor Anchor Investor Total QIB Below ₹10L Above ₹10L Total NII
Allocation (No. of shares)15,82,8071,17,55,6811,33,38,48813,33,84926,67,69840,01,54793,36,9422,66,76,977
Allotment price (Rs.)9499949494949496
No.of applications9162553399213,85713,974
No.of shares applied78,84,1501,45,47,4502,24,31,6001,80,90040,87,54642,68,44627,68,7002,94,68,746
Amount collected (Rs.cr.)74.11 144.02 210.86 1.70 38.42 40.12 26.03 283.50
No.of times subscribed4.981.241.680.141.531.070.301.10
No.of shares allotted78,84,1501,17,55,6811,96,39,8311,80,90040,87,54642,68,44627,68,7002,66,76,977
Amount (Rs.cr.)74.11 116.38 184.61 1.70 38.42 40.12 26.03 256.64
No.of allottees9162553399213,85713,974

IPO Shares Offered

Radiant Cash Management IPO is a public issue of 2.67 Cr equity shares. The issue offers 0.93 Cr shares to retail investors, 1.33 Cr shares to qualified institutional buyers, and 0.40 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
QIB 1,33,38,488125.38 50.00%
    Anchor 1,17,55,681 110.50 44.07%
    QIB (Ex Anchor) 15,82,807 14.88 5.93%
NII 40,01,54737.61 15.00%
    bNII (> ₹10L)26,67,69825.08 10.00%
    sNII (< ₹10L)13,33,84912.54 5.00%
Retail93,36,94287.77 35.00%
Total2,66,76,977250.76 100%

Radiant Cash Management IPO Anchor Investor Allocation

A total of 1,17,55,681 shares at a price of Rs 94 per share will be allotted to the anchor investors.

Anchor investors bid opening dateDec 22, 2022
Anchor investor price₹99.00
Anchor investors as % of QIBs88.13%
No. of shares locked-in for 30 days58,77,841
No. of shares locked-in for 90 days58,77,841
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 SUNDARAM ALTERNATIVE INVESTMENT TRUST-SUNDARAM ALTERNATIVE OPPORTUNITIES FUND-ATLAS SUNDARAM 7,57,650 7.50 6.45 2.84
2 SUNDARAM ALTERNATIVE INVESTMENT TRUST-SUNDARAM ALTERNATIVE OPPORTUNITIES FUND-ACORN SUNDARAM 7,57,650 7.50 6.45 2.84
3 HDFC CHILDREN'S FUND HDFC MUTUAL FUND 10,10,250 10.00 8.59 3.79
4 ADITYA BIRLA SUN LIFE DIVIDEND YIELD FUND ADITYA BIRLA SUN LIFE MUTUAL FUND 5,05,200 5.00 4.30 1.89
5 ADITYA BIRLA SUN LIFE VALUE FUND ADITYA BIRLA SUN LIFE MUTUAL FUND 5,05,200 5.00 4.30 1.89
6 EMERGING BUSINESS FUND EMERGING BUSINESS FUND 8,08,050 8.00 6.87 3.03
7 ALCHEMY EMERGING LEADERS OF TOMORROW ALCHEMY 5,05,200 5.00 4.30 1.89
8 CITIGROUP GLOBAL MARKETS MAURITIUS PVT.LTD. CITIGROUP 5,05,200 5.00 4.30 1.89
9 DOVETAIL INDIA FUND-CLASS 5 SHARES DOVETAIL 10,10,250 10.00 8.59 3.79
10 BCAD FUND BCAD 10,10,250 10.00 8.59 3.79
11 SOCIETE GENERALE SOCIETE GENERAL 5,05,200 5.00 4.30 1.89
12 IEGFL-MULTI OPPORTUNITY IEGFL 12,12,150 12.00 10.31 4.54
13 BNP PARIBAS ARBITRAGE BNP PARIBAS 9,46,081 9.37 8.05 3.55
14 UTI INFRASTRUCTURE FUND UTI MUTUAL FUND 5,81,850 5.76 4.95 2.18
15 UTI TRANSPORTATION & LOGISTICS FUND UTI MUTUAL FUND 6,30,300 6.24 5.36 2.36
16 SAINT CAPITAL FUND SAINT CAPITAL 5,05,200 5.00 4.30 1.89
1,17,55,681116.3810044.07

IPO Subscription FAQs

The Radiant Cash Management IPO is subscribed 0.5333 times by Dec 27, 2022 19:52.

Radiant Cash Management IPO Subscription

Investor Category Subscription (times)
Qualified Institutional1.0124
Non Institutional0.6596
Retail Individual0.2053
Total Subscription0.5333

Retail category of Radiant Cash Management IPO subscribed 0.2053 times as of date Dec 27, 2022 19:52. The public issue closes on Tue, Dec 27, 2022 for bidding.

An investor can apply in Radiant Cash Management IPO online via bank (using ASBA) or the broker (using UPI). The Radiant Cash Management IPO shares are offered online only.

The Radiant Cash Management IPO is subscribed 0.5333 times by Dec 27, 2022 19:52.

The Radiant Cash Management IPO allotment status is expected on or around Friday, December 30, 2022. Visit Radiant Cash Management IPO allotment status to check.

The Radiant Cash Management IPO listing date is January 4, 2023. The equity share of Radiant Cash Management IPO will list on BSE, NSE.

Visit Radiant Cash Management IPO subscription status page for real-time bidding information about Radiant Cash Management IPO.

Radiant Cash Management IPO Timetable

IPO opens OnFriday, December 23, 2022
IPO Closes OnTuesday, December 27, 2022
Finalisation of Basis of AllotmentFriday, December 30, 2022
Initiation of RefundsMonday, January 2, 2023
Credit of Shares to Demat AccountTuesday, January 3, 2023
IPO Listing DateWednesday, January 4, 2023
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