Radiant Cash Management Services IPO — Listing Performance
Radiant Cash Management Services IPO facts & figures
| Issue category | Mainboard |
|---|---|
| Issue open date | 23 Dec 2022 |
| Listing date | 4 Jan 2023 |
| Issue price | ₹94 |
| Listing-day close | ₹104.90 (11.6%) |
| Recent market price | ₹35.99 (-61.71% vs issue) |
| 52-week range | ₹32.76 – ₹98.95 |
| Identifiers | NSE: RADIANTCMS · ISIN: INE855R01021 |
How the listing went
Radiant Cash Management Services saw a healthy listing pop, closing day one 11.6% above the issue price.
Radiant Cash Management Services against every other debut on record
- Rank in 2023: 106 of 172 NSE debuts, on a 11.6% first-day close.
- 40th percentile of 56 mainboard debuts in 2023 (median 21.06%).
- 7th of 7 debuts in January 2023.
- Opened 9.57% above issue, then added 2.03 points to the close.
- Day-one range ₹98.10 to ₹116.80: a 19.89% swing on the issue price.
- Last close ₹35.99 (11 Sep 2026): 61.71% below issue, against 11.6% on day one.
- 5% up its 52-week range of ₹32.76 to ₹98.95.
- Priced at the bottom of the ₹94 to ₹99 band.
- Listed 8 calendar days after close.
- All 508 mainboard debuts on record: median 12.01%, 72% closed above issue.
Computed over 1109 verified NSE debuts to 11 Sep 2026 · sources