Radiant Cash Management Ltd Shares See Premium Listing
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Radiant Cash Management shares listed at Rs. 104 a piece on the NSE, a premium of over 10% versus issue price of Rs. 94
The company's shares listed at Rs. 99 a piece on the BSE.
Radiant Cash Management IPO was subscribed 53% on the last day of subscription.
Incorporated in 2005, the company is a market leader in retail cash management services for financial institutions, retail and e-commerce companies.
The IPO proceeds will be used for funding working capital and capital expenditure needs of the company.
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