Rapid Multimodal Logistics IPO Details: Rapid Multimodal Logistics IPO date is fixed, The IPO will open on August 22 and will close on August 27. Rapid Multimodal Logistics is a BSE SME IPO to raise ₹8.49 crores via IPO. The Rapid Multimodal Logistics IPO price band is fixed at ₹84 with a market lot of 1600 Shares.
Rapid Multimodal Logistics is a Chennai-based company that provides one-stop logistical solutions to its clients. They majorly cater to the B2B segment of the industry. They offer an end-to-end logistics solution to manufacturers/traders to transport raw materials or finished goods. They are involved in the management and coordination of the movement of raw materials or finished goods throughout the supply chain, from the point of origin to the destination. They provide single as well as multimodal transportation services which involve the coordinated use of multiple modes of transportation (such as road, rail, sea) within a single, integrated supply chain to optimize efficiency and meet the unique requirements of shipments. Right from shipment planning, Route Optimization, Carrier Selection, Documentation, Containerization, Tracking and Communication and Coordination, Last-Mile Delivery, and Performance Evaluation.
They encompass a diverse range of industries, including but not limited to Glass, Plywood, Paper, Edible oil, Gypsum boards, Iron & Steel, Scraps, Tiles, Sanitary, and Liquor industries. Their commitment to excellence is exemplified in their ability to tailor their logistics and supply chain solutions to meet the unique demands of each industry they serve. They deliver their services with a comprehensive reach across the domestic market, operating at a PAN India level. Their extensive client base is not only a result of direct orders but also a testament to their commitment to excellence. Their clients are in diverse parts of the country having the majority of revenue from services coming from Chennai, Balasore, Sri City 100 (Tada), Krishnapatnam, Vizag, Morbi, etc.
Objects of the Issue:
- Working Capital Requirements
- General Corporate Purposes.
Rapid Multimodal Logistics IPO Review
- May Apply
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 Market Lot
The Rapid Multimodal Logistics IPO minimum market lot is 1600 shares with a ₹134,400 application amount.
| 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 Dates
The Rapid Multimodal Logistics IPO date is August 22 and the IPO close date is August 27. The IPO allotment date is August 28 and the IPO might list 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 |
You can check IPO subscription status and IPO allotment status on their respective pages.
Rapid Multimodal Logistics IPO Form
How to apply Rapid Multimodal Logistics IPO? You can apply Rapid Multimodal Logistics IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Rapid Multimodal Logistics IPO in the Invest section. The other option you can apply Rapid Multimodal Logistics IPO via IPO forms download via the NSE website. Check out the Rapid Multimodal Logistics forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.
Rapid Multimodal Logistics Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2022 | ₹47.74 | ₹46.47 | ₹0.95 |
| 2023 | ₹72.96 | ₹70.32 | ₹2.00 |
| 2024 | ₹71.84 | ₹69.41 | ₹1.79 |
Rapid Multimodal Logistics IPO Valuation – FY2024
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): | ₹6.40 per Equity Share |
| Price/Earning P/E Ratio: | 13.12 |
| Return on Net Worth (RoNW): | 38.01% |
| Net Asset Value (NAV): | ₹16.84 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
What is Rapid Multimodal Logistics IPO?
Rapid Multimodal Logistics IPO is an BSE SME IPO. They are going to raise ₹8.49 Crores via IPO. The issue is priced at ₹84 per equity share. The IPO is to be listed on BSE.
When Rapid Multimodal Logistics IPO will open?
The IPO is to open on August 22, 2024 for QIB, NII, and Retail Investors.
What is Rapid Multimodal Logistics IPO Investors Portion?
The investors’ portion for QIB is 0%, NII is 50%, and Retail is 50%.
How to Apply the Rapid Multimodal Logistics IPO?
You can apply Rapid Multimodal Logistics IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
