Check live subscription on day 2 status of Radiant Cash Management IPO

26 Dec 2022 , 11:08 AM

The Rs 388 crore IPO of Radiant Cash Management was opened for subscription from December 23 and will conclude on December 27. The company is selling its shares in the range of Rs 94-99 per share. Click here to apply in Radiant Cash Management IPO.

Check the live subscription status of the IPO on December 26 at 11:00 AM

Radiant Cash Management Services IPO	No.of shares offered	No. of shares bid for	No. of times of total meant for the category
Qualified Institutional Buyers (QIBs)	78,37,121	3,60,000	0.05
Non Institutional Investors(NIIs)	58,77,841	24,600	0.00
Retail Individual Investors (RIIs)	1,37,14,963	10,39,800	0.08
Total	2,74,29,925	14,24,400	0.05

(Source: BSE)

Company will use the net proceeds from the IPO for funding working capital and capital expenditure requirements and for the purchase of specially fabricated armoured vans, other than general corporate purposes.