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About Radiant Cash Management Services Ltd
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Radiant Cash Management Services Limited was incorporated in Chennai, Tamil Nadu as `Radiant Cash Management Services Private Limited` on March 23, 2005 issued by the RoC. Thereafter, the status converted into a Public Company on August 21, 2021, and the name of the Company was changed to `Radiant Cash Management Services Limited`, and a fresh Certificate of Incorporation dated August 25, 2021 was issued to Company. The Company is one of the leading integrated cash logistics player with strong presence in retail cash management (RCM) segment of the cash management services industry in India and is one of the largest players in the RCM segment in terms of network locations or touch points served. It cater to broad set of outsourcing requirements pertaining to cash management services for banks, financial institutions, organized retail and e-commerce companies in India. Apart from these, the Company operate their business across five verticals, mainly comprising cash pick-up and delivery; network currency management; cash processing; cash vans /cash in transit and technology-enabled services. As an integrated RCM service provider, it offer value added cash processing services, which are in the nature of their trained executives sorting the notes into categories such as soiled, mutilated, fit, issuable, counterfeit, ATM-ready bundles, etc. The services consists of cash collection from end user and deposit into the current accounts and subsequent transfer to the client`s accounts either on the same day or on the next working day. The Company provide RCM services to clients serving more than 5,388 locations. Their integrated offerings are supported by customised technology and process controls, which enables the Company to offer wide range of solutions, while generating cross-selling opportunities and driving synergies and efficiencies across our business. It has created the RADMUS mobile application which is an enterprise mobile application for secure end-to-end reconciliation between customer, end user and Company. It operate on an asset light model, with all of the fleet of cash vans being leased. The Company obtained its first Retail Cash Management contract from Deutsche Bank Limited in August 2005 for cash pickup and delivery services and network cash management services for end-users in the states of Tamil Nadu and Kerala. The Company is certified by Intertek Certification Limited under the requirements of ISO 9001:2015 for provision of cash management services through cash and cheque collection, transportation, processing, vaulting and deposition and we undergo periodic audit of processes and systems for the certification and renewals. It undergo several external audit processes from clients on various aspects of operations including business continuity plans, disaster recovery plans and standard operating procedures on a periodic basis. The Company came out with an Initial Public Offer in December, 2022 and raised an aggregate of Rs. 257 Crores Equity Shares through Fresh Issue amounting to Rs. 54 Crores and Offer for Sale by issuing 21,222,431 Equity Shares. In 2023-24, the Company ventured into Diamond Jewellery & Bullion logistics by establishing "Radiant Valuable Logistics". It further ventured into fintech with the acquisition of Acemoney; which offers a unified platform for cash and digital banking services. The Company launched a digital credit product: Radiant Insta Credit (RIC) in May, 2024. The Company acquired control in subsidiary, Aceware Fintech Services Private Limited by way of obtaining 58.21% of the issued and paid up share capital of the subsidiary company in 2025. The Company enhanced the technology solution through integrations with client systems and availability across data centers with centralized versions and multi-user access in 2025.
Radiant Cash Management Services share price as on 05 Dec 2025 is Rs. 52.85. Over the past 6 months, the Radiant Cash Management Services share price has decreased by 21.12% and in the last one year, it has decreased by 31.36%. The 52-week low for Radiant Cash Management Services share price was Rs. 49.38 and 52-week high was Rs. 81.
543732
RADIANTCMS
INE855R01021
Sep
Radiant Cash Management Services Ltd FAQs
You can buy Radiant Cash Management Services Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Radiant Cash Management Services Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of Dec 05, 2025 09:49 AM the closing price of Radiant Cash Management Services Ltd was Rs.52.85.
The latest PE ratio of Radiant Cash Management Services Ltd as of Dec 05, 2025 09:49 AM is 15.37
The latest PB ratio of Radiant Cash Management Services Ltd as of Dec 05, 2025 09:49 AM is 2.15
The 52-week high of Radiant Cash Management Services Ltd share price is Rs. 81.00 while the 52-week low is Rs. 49.38
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of Dec 05, 2025 09:49 AM, the market cap of Radiant Cash Management Services Ltd stood at Rs. 563.95 Cr.
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