Rapid Multimodal Logistics IPO Details: The IPO for Rapid Multimodal Logistics is scheduled to open on August 22 and close on August 27. This BSE SME IPO aims to raise ₹8.49 crores, with a price band set at ₹84 per share and a market lot of 1600 shares.
Based in Chennai, Rapid Multimodal Logistics specializes in comprehensive logistical solutions for B2B clients. The company provides end-to-end services to manufacturers and traders for transporting both raw materials and finished goods. Their expertise covers the entire supply chain, from the point of origin to the destination, utilizing a range of transportation modes—road, rail, and sea—to optimize efficiency.
Their services include shipment planning, route optimization, carrier selection, documentation, containerization, tracking, communication, coordination, last-mile delivery, and performance evaluation. Serving a diverse array of industries such as glass, plywood, paper, edible oil, gypsum boards, iron & steel, scraps, tiles, sanitary ware, and liquor, Rapid Multimodal Logistics is known for its ability to tailor solutions to meet the specific needs of each sector.
With a strong presence across the domestic market, including major revenue sources in Chennai, Balasore, Sri City 100 (Tada), Krishnapatnam, Vizag, and Morbi, the company’s extensive client base reflects its commitment to excellence and comprehensive service delivery.
Rapid Multimodal Logistics IPO Objectives:
The company intends to utilize the Net Fresh Issue Proceeds for the following Objects (“Objects of the Issue”):
- Working Capital Requirements
- General Corporate Purposes.
Rapid Multimodal Logistics IPO Review (Apply or Not)
- Update soon.
Rapid Multimodal Logistics IPO Date & Price Band Details:
| IPO Open: | August 22, 2024 |
| IPO Close: | August 27, 2024 |
| IPO Size: | Approx ₹8.49 Crores, 1,011,200 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹84 Per Equity Share |
| IPO Listing on: | BSE SME |
| Retail Quota: | 50% of the net offer |
| QIB Quota: | 0% of the net offer |
| NII Quota: | 50% of the net offer |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors in IPO: | Click Here |
Rapid Multimodal Logistics IPO Lot Size:
The Rapid Multimodal Logistics IPO requires a minimum investment of ₹134,400 for a market lot of 1600 shares.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 1600 | ₹134,400 |
| Retail Maximum | 1 | 1600 | ₹134,400 |
| S-HNI Minimum | 2 | 3200 | ₹268,800 |
Rapid Multimodal Logistics IPO Timeline:
The Rapid Multimodal Logistics IPO will open on August 22 and close on August 27. The allotment date is set for August 28, with the potential listing on August 30.
| IPO Open Date: | August 22, 2024 |
| IPO Close Date: | August 27, 2024 |
| Basis of Allotment: | August 28, 2024 |
| Refunds: | August 29, 2024 |
| Credit to Demat Account: | August 29, 2024 |
| IPO Listing Date: | August 30, 2024 |
Rapid Multimodal Logistics IPO GMP Today:
The GMP prices shown here are only news related to the grey market. We do not trade/deal in grey market or subject to rates (sub2), nor do we recommend trading in grey market.
Rapid Multimodal Logistics Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2021 | ₹- | ₹- | ₹- |
| 2022 | ₹47.74 | ₹46.47 | ₹0.95 |
| 2023 | ₹72.96 | ₹70.32 | ₹2.00 |
| Sep 2023 | ₹34.74 | ₹33.32 | ₹1.06 |
Rapid Multimodal Logistics IPO Valuation – FY2023
Check Rapid Multimodal Logistics IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹7.16 per Equity Share |
| Price/Earning P/E Ratio: | NA |
| Return on Net Worth (RoNW): | 66.70% |
| Net Asset Value (NAV): | ₹10.74 per Equity Share |
Peer Group
- Chartered Logistics Limited
- Shree Vasu Logistics Limited
Company Promoters
- Mr. Narayan Agarwal
- Mr. Manoj Goel
- Summit Agarwal
- Ms. Nidhi Agarwal
Rapid Multimodal Logistics IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com
Rapid Multimodal Logistics IPO Allotment Status
Check Rapid Multimodal Logistics IPO allotment status on Bigshare website URL. Click Here
Rapid Multimodal Logistics IPO Lead Managers aka Merchant Bankers
- Gretex Corporate Services Limited
Company Address
Rapid Multimodal Logistics Limited
New No.44, Old No.78
Shrofforchards
Chennai – 600010
Phone: +91 044264 40181
Email: info@rapidlogistics.in
Website: http://www.rapidlogistics.in/
Rapid Multimodal Logistics IPO FAQs
1. What are the key dates for the Rapid Multimodal Logistics IPO?
- IPO Opening Date: August 22
- IPO Closing Date: August 27
- Allotment Date: August 28
- Listing Date: August 30 (tentative)
2. What is the price band for the Rapid Multimodal Logistics IPO? The price band for the IPO is set at ₹84 per share.
3. What is the minimum lot size for the Rapid Multimodal Logistics IPO? The minimum market lot is 1600 shares, with an application amount of ₹134,400.
4. How much capital is Rapid Multimodal Logistics aiming to raise through the IPO? The company aims to raise ₹8.49 crores through this IPO.
5. What is the nature of Rapid Multimodal Logistics? Rapid Multimodal Logistics is a Chennai-based company offering comprehensive logistical solutions, specializing in end-to-end transportation services for both raw materials and finished goods.
6. What industries does Rapid Multimodal Logistics serve? The company caters to a wide range of industries, including glass, plywood, paper, edible oil, gypsum boards, iron & steel, scraps, tiles, sanitary ware, and liquor.
7. Where does Rapid Multimodal Logistics operate? The company operates across the domestic market with a significant presence in Chennai, Balasore, Sri City 100 (Tada), Krishnapatnam, Vizag, and Morbi.
8. How can I apply for the Rapid Multimodal Logistics IPO? You can apply for the IPO through a registered broker or using online IPO application platforms provided by various financial institutions.
9. What are the potential risks associated with investing in the IPO? As with any investment, risks include market volatility, company performance, and economic conditions. It is recommended to review the company’s prospectus and consult with a financial advisor.
10. Where can I find more information about the Rapid Multimodal Logistics IPO? For detailed information, including the prospectus, visit the official website of the company or consult with your financial advisor.
