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