Rapid Mutlimodal Logistics IPO
Open SmeCurrent GMP
₹10 (+11.90%)
Price Band
₹ 84 – 84
Lot Size
1600
Issue Size
₹8.49 Cr
Minimum Investment
₹268800 (3200 Shares)
Listing Date
30 August 2024
Subscription
-
About the Company
Established in July 2020, Rapid Multimodal Logistics Limited, based in Chennai, specializes in delivering comprehensive logistical solutions for its clients, focusing on the B2B sector.
The company offers both single-mode and multimodal transportation services, combining road, rail, and sea routes within a single supply chain to enhance efficiency and meet diverse shipping needs. These services encompass every aspect of logistics, including planning, route optimization, carrier selection, documentation, containerization, shipment tracking, communication, last-mile delivery, and performance analysis.
Rapid Multimodal Logistics Limited serves a wide range of industries, including Glass, Plywood, Paper, Edible Oil, Gypsum Boards, Iron and Steel, Scrap, Tiles, Sanitary Products, and Liquor.
As of January 2024, the company employs 17 staff members.
Peers
1. Chartered Logistics Ltd
2. Shree Vasu Logistics Ltd
Promoters
- Mr. Narayan Agarwal
- Mr. Manoj Goel
- Summit Agarwal
- Ms. Nidhi Agarwal
Promoters Holding
Holding Pre Issue
99.99%
Holding Post Issue
0.00%
Objects of the Issue
The company intends to utilize the Net Fresh Issue Proceeds for the following Objects
- Working Capital Requirements
- General Corporate Purposes.
Address / Contact Info
Rapid Mutlimodal Logistics Limited
New No.44, Old No.78
Shrofforchards
Chennai - 600010
Phone: +91 044264 40181
Email: info@rapidlogistics.in
Website: http://www.rapidlogistics.in
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Thursday, 22 August 2024
IPO Close Date
Tuesday, 27 August 2024
Basis of Allotment
Wednesday, 28 August 2024
Initiation of Refunds
Thursday, 29 August 2024
Credit of Shares to Demat
Thursday, 29 August 2024
Listing Date
Friday, 30 August 2024 — NSE & BSE
Important Dates
Open Date
22 August 2024
Close Date
27 August 2024
Basis Of Allotment
28 August 2024
Listing Date
30 August 2024
Financial Performance (₹ in Crores)
| Particular | 20 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 1132.34 | 699.14 | 673.51 | 4.96 |
| Revenue | 3474.05 | 7296.17 | 4774.4 | 0 |
| Profit After Tax | 106.38 | 200.48 | 95.43 | -0.32 |
| Net Worth | 406.58 | 300.59 | 100.11 | 4.68 |
| Reserve & Surplus | 401.58 | 295.59 | 95.11 | -0.32 |
| Total Borrowings | 508.18 | 227.88 | 357.59 | 0 |
EPS Pre
7.16%
EPS Post
21.04%
P/E Pre
11.73
P/E (Post Issue)
3.99x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | KPI As on 30.09.2023 |
|---|---|
| ROE % | 30.43 |
| ROCE % | 32.59 |
| Debt / Equity | 0 |
| RoNW % | 66.7 |
| PbW | 0 |
| Pat Margin % | 2.75 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Market Maker | 51200 | 5.06 | 0 |
| Qualified Institutions | 480000 | 47.47 | 0 |
| Retail Investors | 480000 | 47.47 | 0 |
| Total | 1011200 | 100 | 0 |
Subscription Status ( Tue, 20 Aug 24 10:25 AM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| 0 | 0 | 0x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Peer Comparision
No Peer Comparision Available
Lot Size & Investment Details
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,600 | 134,400.00 |
| Retail (Max) | 1 | 1,600 | 134,400.00 |
| S-HNI (Min) | 2 | 3,200 | 268,800.00 |
Registrar
Bigshare Services Pvt Ltd
91-22-6263 8200
investor@bigshareonline.com
https://www.bigshareonline.com
Book Running Lead Managers
- Gretex Corporate Services Pvt Ltd
RHP Document
DRHP Document
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Rapid Mutlimodal Logistics IPO is a Fixed price IPO worth ₹8.49 crores. The price band is ₹84 to 84 per share. The IPO opens on Thu, Aug 22, 2024 and closes on Tue, Aug 27, 2024. It will be listed on BSE and NSE. Bigshare Services Pvt Ltd is the registrar.
The Rapid Mutlimodal Logistics IPO opens on Thu, Aug 22, 2024 and closes on Tue, Aug 27, 2024
Rapid Mutlimodal Logistics IPO Price Band is ₹84 to 84.
Rapid Mutlimodal Logistics IPO lot size is 1600, and the minimum amount required for application is ₹268800.
The minimum investment for Rapid Mutlimodal Logistics IPO is approximately ₹268800 based on the upper price band.
To apply for the Rapid Mutlimodal Logistics IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Tue, Aug 27, 2024. After submission, funds are blocked until the basis of allotment of Rapid Mutlimodal Logistics IPO is finalised.
Rapid Mutlimodal Logistics IPO issue size is ₹8.49 crores.
Rapid Mutlimodal Logistics IPO allotment date is Sat, Jun 27, 2026.
The registrar for Rapid Mutlimodal Logistics IPO is Bigshare Services Pvt Ltd. Investors can go to Bigshare Services Pvt Ltd website for IPO allotment status, refund processing, and other queries related to Rapid Mutlimodal Logistics IPO through their official website or helpline.
The Rapid Mutlimodal Logistics IPO GMP (Grey Market Premium) is ₹10 as of Tue, Aug 27, 2024. Based on the upper price band of ₹84 per share, the estimated Rapid Mutlimodal Logistics IPO listing price is ₹94, indicating a potential listing gain of approximately 31% over the issue price.