Radiant Innovative Manufacturing IPO Details

SME

Radiant Innovative Manufacturing IPO DRHP (Draft Red Herring Prospectus) has been Exchange Approval Received.

Offer for Sale consists of 6,00,000 shares (aggregating up to ₹0.00 Cr.).

The Lead Managers for Radiant Innovative Manufacturing IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Narnolia Financial Services Ltd. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.

For detailed information, Refer to the Radiant Innovative Manufacturing Limited DRHP.

Radiant Innovative Manufacturing IPO Details

Open Date
-
Close Date
-
Listing Date
-
Issue Price
₹0 - ₹0
Face Value
₹10 per share
Lot Size
0
GMP
₹0
Issue Type
IPO
Listing On
BSE
Type
Book Built Issue
Share holding pre issue
15218400
Share holding post issue
-
Total Issue Size
-
Fresh Issue
-
Offer for Sale
6,00,000 shares (aggregating up to ₹0.00 Cr.)
DRHP Status
Exchange Approval Received

Radiant Innovative Manufacturing IPO Lot Size

ApplicationLotsSharesAmount
To be announced

Radiant Innovative Manufacturing IPO Reservation

Promoter Holding

Pre Issue:55.18%
Post Issue:39.29%
Promoter Names:
Mr. Nitin Bahl, Mr. Nalin Bahl

Radiant Innovative Manufacturing IPO Valuations

ROE:15.23%
ROCE:20.68%
DEBT/EQUITY:0.62
RONW:15.23%

Radiant Innovative Manufacturing Financial Information

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets166.61136.48133.18
Total Income216.63204.15168.26
Profit After Tax83.38-1.86
Net Worth53.5630.82-20.07
Reserves and Surplus59.1645.712.22
Total Borrowing37.6540.5574.85
Amount in ₹ Crore

About Radiant Innovative Manufacturing IPO

Incorporated in 1988, Radiant Innovative Manufacturing Limited is a plastic technology solution provider specializing in manufacturing complex engineering plastic components and assemblies, primarily for the global automotive industry.

With over three decades of experience, the company offers end-to-end solutions, including product design support, mold design and development, injection molding, and complete assemblies.

Their expertise encompasses precision components for electronics, electric mobility, powertrain, thermal management, and sensing and actuation systems.

The company operates manufacturing facilities across India, equipped with advanced injection molding machinery, and specializes in complex molding technologies such as overmolding, insert molding, ultrasonic welding, precision gear molding, and thin-wall molding.

Product Portfolio:

  • Hybrid and Ice Powertrain: The company provides advanced components for hybrid and ICE powertrains, including fuel tanks, pumps, valves, and sensors.
  • Thermal Management: The company provides thermal management components, including radiators, fans, thermostats, and electric water pumps for vehicles.
  • Sensing, Control, and Actuation: The company provides engineered components like sensors, pedals, actuators, and latch housings for various industries.
  • Electric Mobility: The company supplies essential components like bus bars, insulators, and connectors for electric vehicles.

Services:

  • Design and engineering service
  • Prototyping or sampling service
  • Tool development

As of July 31, 2024, the company has employed 586 permanent employees.

Competitive Strengths:

  • Experienced promoter, management and employees
  • Diversified and Stable Customer Portfolio
  • Manufacturer of Complex Products with high technology capabilities
  • Consistency in Quality and Service Standards
  • Advance machineries and product technologies

Strength Of Radiant Innovative Manufacturing IPO

To be announced

Risk Of Radiant Innovative Manufacturing IPO

To be announced

Objectives Radiant Innovative Manufacturing IPO

1. Funding the capital expenditure for purchase of Plant & machinery, Infrastructure Development and Other Auxiliary equipment

2. Funding the capital expenditure requirement for expansion of our Manufacturing Facilities at Vani, Gujarat

3. Repayment and/ or pre-payment, in part or full, of certain borrowings availed by the Company;

4. General Corporate Purposes

Company Contact Details

Radiant Innovative Manufacturing Ltd.
Unit No. 412-413, Best Business Park,
Plot No. P2,
Netaji Subhash Place,
New Delhi, New Delhi, 110034
Phone: 011-45952200
Email: investors@radiantiml.com
Website: http://www.radiantiml.com/

Registrar Contact Details

Name: Skyline Financial Services Private Ltd
Phone: +91-22-28511022

Market Maker

To be announced

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