Radiant Cash Management Services Limited IPO Message Board (Page 6)

Is it true on the ground? Has anyone else heard? Or is it company account.

2 major reasons why tier 2 & tier 3+ locations are important for Radiant:

1. Increased e-commerce penetration in tier 2 and tier 3+ towns and cities is likely to result in increased volume for e-commerce logistics providers. COD is the most common method of payment for e-commerce businesses in India. In Fiscal 2022, COD accounted for more than 60% of all e-commerce payments.

2. Cash usage and circulation are expected to increase in tier 2 and tier 3+ towns and cities as a result of the government's financial inclusion programmes, such as the Pradhan Mantri Jan Dhan Yojana and other direct benefit transfers, which provide direct benefits and subsidies to populations in semi-urban and rural areas.

The sector is not a sunrise industry but this is not going to go away too soon. Pricing is the key, they cant command a premuim pricing, probably an asking PE of less than or near about 10 will be okay

If they started taxing UPI usage people might come back to atm.

cMS has quarterly profits of 55-70 crores. Radiant is too small as comapred

cMS has quarterly profits of 55-70 crores. Radiant is too small as compared to it

This is more similar to AGS Transact though its financials are far better. Pricing will be the key for decision

Asking PE should be near or about 15 for them to leave anything on table for investors. Lets see

I mean if the asking PE is less than 15, then I will apply