Radiant Innovative IPO IPO

SME[.] – [.]

Open

[.]

Allotment

—

Listing

[.]

Issue Size

52,26,000 shares (agg. up to ₹[.] Cr)

Listing Date

[.]

✦ AI Insight

Restated Financials (₹ Cr.)

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	166.61	136.48	133.18
Total Income	216.63	204.15	168.26
Profit After Tax	8.00	3.38	-1.86
NET Worth	53.56	30.82	-20.07
Reserves and Surplus	59.16	45.71	2.22
Total Borrowing	37.65	40.55	74.85
Amount in ₹ Crore

Peer Comparison

Company	Issue Type	Issue Size	Issue Price	PE Ratio	Listing Day Close	Listing Gain/Loss %	LTP
Sumax Engineering Ltd.	SME	₹53.40 Cr	₹101	11.66	₹110.45	+9.36%	₹109.75
LAPL Automotive Ltd.	SME	₹32.40 Cr	₹94	9.91	₹128.29	+36.48%	₹114.80
Poojaa Precision Engg.Ltd.	SME	₹159.83 Cr	₹301	14.25	₹493.50	+63.95%	₹658.75
Happy Steels Ltd.	SME	₹25.00 Cr	₹66	9.76	₹68.50	+3.79%	₹87.35
Autofurnish Ltd.	SME	₹14.60 Cr	₹41	11.64	₹45.15	+10.12%	₹62.65
Gallard Steel Ltd.	SME	₹37.50 Cr	₹150	17.31	₹234.25	+56.17%	₹169.75
Dhoot Transmission Ltd.	Mainboard	₹3,066.89 Cr	₹871	41.36	₹1,187.05	+36.29%	₹1,597.60
SEDEMAC Mechatronics Ltd.	Mainboard	₹1,087.35 Cr	₹1352	126.91	₹1,451.10	+7.33%	₹2,867.50
Tenneco Clean Air India Ltd.	Mainboard	₹3,600.00 Cr	₹397	28.97	₹490.80	+23.63%	₹525.70
Studds Accessories Ltd.	Mainboard	₹455.49 Cr	₹585	33.06	₹560.30	-4.22%	₹421.85

Objects of the Issue

#	Issue Objects	Est Amt (₹ Cr.)
1	Funding the capital expenditure for purchase of Plant & machinery, Infrastructure Development and Other Auxiliary equipment	20.57
2	Funding the capital expenditure requirement for expansion of our Manufacturing Facilities at Vani, Gujarat	16.29
3	Repayment and/ or pre-payment, in part or full, of certain borrowings availed by the Company;	19.91
4	General Corporate Purposes

About Radiant Innovative IPO

Updated on May 19, 2026

Contact Details

Radiant Innovative Manufacturing Ltd. AddressUnit No. 412-413, Best Business Park,Plot No. P2,Netaji Subhash Place,New Delhi, New Delhi, 110034011-45952200investors@radiantiml.comVisit Website