Radiant Cash Management Services IPO to open today: Here's all you need to know

Chennai-based Radiant Cash Management's Rs 387.9 crore initial public offering (IPO) will open for subscription for retail investors today i.e. December 23. The issue will conclude December 27. The price band of the issue is Rs 94-99 per share. The integrated cash logistics player raised Rs 116.4 crore from anchor investors ahead of its IPO. 

Radiant Cash's IPO consists of an offer for sale (OFS) where promoter David Devasahayam and private equity firm Ascent Capital Advisors India will offload shares, and fresh issue worth Rs 60 crore.