Radiant Cash Management lists at 10% premium to IPO price

Radiant Cash Management lists at 10% premium to IPO price

Radiant Cash Management Services Limited made a decent debut on the bourses on Wednesday. The stock listed at Rs 103 on the National Stock Exchange, a premium of 9.57% compared to the issue price of Rs 94 per share. Meanwhile, on BSE, the stock debuted at a premium of 5.64% at Rs Rs 99.30. Ahead … Read more

Radiant Cash Management IPO subscribed only 11% on Day Two

Radiant Cash Management IPO subscribed only 11% on Day Two

New Delhi: The Rs 388-crore initial public offering (IPO) of Radiant Cash Management received a muted response from investors as the issue was subscribed only 11% on Day Two of the bidding process. The company is selling its shares in the range of Rs 94-99 apiece between December 23 and 27, with a lot size … Read more