Daily BriefsECM

Daily Brief ECM: Radiant Cash Management IPO: A Bland Mix and more

In today’s briefing:

  • Radiant Cash Management IPO: A Bland Mix

Radiant Cash Management IPO: A Bland Mix

By Nitin Mangal

  • Radiant Cash Management Services (1926794D IN) has come up with INR 3.9 bn IPO which includes fresh issue to the tune of INR 600 mn.
  • In spite of being one of the largest players in the retail cash management segment, there are few cautions one must take note of.
  • These primarily include related party transactions with promoters, concentration risk and few industry related restraints

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