Rapid Mutlimodal Logistics Limited IPO

BSE SME

Listed On: Aug 30, 2024 at ₹ 103.0

₹ 134400 /1600 Shares

Check Allotment

Rapid Mutlimodal Logistics IPO Details

22 Aug, 2024

Open Date

27 Aug, 2024

Close Date

28 Aug, 2024

Allotment Date

30 Aug, 2024

Listing Date

Issue Price

₹84 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

BSE SME

Registrar

Bigshare Services Pvt Ltd

List Price

103.0

Listing Date

2024-08-30

Market Lot

1600 Shares (₹134,400/-)

Lead Manager

Gretex Corporate Services Limited

Issue Size

1,011,200 shares(aggregating up to ₹8.49 Cr)

Retail Portion

50%

Subscription

350.50 times

IPO Docs

DRHP

The IPO of Rapid Mutlimodal Logistics is priced at ₹84 per equity share, which has a face value of ₹10 Per Equity Share each. The company shall list its equity shares on BSE SME. Bigshare Services Pvt Ltd is the registrar of the issue.

Rapid Mutlimodal Logistics IPO bid opening date is from Aug 22, 2024 and the bid closing date was Aug 27, 2024.
Rapid Mutlimodal Logistics IPO allotment result will be available on Aug 28, 2024. The tentative listing date for Rapid Mutlimodal Logistics is Aug 30, 2024.

The total issue size is 1,011,200 shares(aggregating up to ₹8.49 Cr).

As on	QIB / NII	Retail	Total
Shares Offered / Reserved	480,000	480,000	960,000
Day 1 - 22-08-24 06:00 PM	0.51 x	5.36 x	2.94 x
Day 2 - 23-08-24 06:00 PM	4.44 x	18.56 x	11.50 x
Day 3 - 26-08-24 06:00 PM	9.83 x	46.73 x	28.28 x
Day 4 - 27-08-24 06:00 PM	512.80 x	172.55 x	350.50 x

Total No. of Applications: 63,508 (Approx)

Rapid Mutlimodal Logistics Valuations

EPS Pre IPO

₹6.40/-

EPS Post IPO

₹4.70/-

P/E Pre IPO

13.12

P/E Post IPO

17.86

ROE

46.42%

ROCE

48.98%

Debt/Equity

0.19

RoNW

38.01%

PAT Margin

2.50

Price to Book Value

1.36

Rapid Mutlimodal Logistics Company Financials All values are in ₹ Lakh

	31-Mar-24	31-Mar-23	31-Mar-22
Assets	839.76	699.14	673.51
Revenue	7,184.25	7,296.17	4,774.4
Profit After Tax	179.23	200.48	95.43
Net Worth	471.55	300.59	100.11
Reserves & Surplus	191.55	295.59	95.11
Total Borrowing	201.07	227.88	357.59

About The Company

Incorporated in July 2020, Rapid Multimodal Logistics Limited is a Chennai-based company engaged in providing a one-stop logistical solution to its clients. The company primarily caters to the B2B segment of the industry.

It also provides single as well as multimodal transportation. In this mode, more than one mode of transportation is applied in a single supply chain for achieving improved efficiency and attaining shipment requirements. Services in single and multimodal transportation include: planning; route optimization; identification of the transporters; documentation; containerization; tracking; communication; last mile delivery; performance evaluation.

It serves Glass, Plywood, Paper, Edible oil, Gypsum boards, Iron and steel, Scraps, Tiles, Sanitary, and Liquor industries.

It currently has 17 employees on its payroll as of January 2024.

Rapid Mutlimodal Logistics - Promoter(s)

Pre Issue Share Holding: 100%

Post Issue Share Holding: 73.47%

Company Promoter(s)

Mr. Narayan Agarwal
Mr. Manoj Goel
Summit Agarwal
Ms. Nidhi Agarwal

Rapid Mutlimodal Logistics IPO - Issue Objectives

Working Capital Requirements.
General Corporate Purposes.

Other Details

Company Contact Details

Rapid Mutlimodal Logistics

New No.44, Old No.78, Shrofforchards, Chennai - 600010

Phone: +91 044264 40181

Email: info@rapidlogistics.in

Website: http://www.rapidlogistics.in/

Registrar Contact Details

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200

Email: ipo@bigshareonline.com

Website: https://ipo.bigshareonline.com/ipo_status.html

Rapid Mutlimodal Logistics IPO - FAQs

Ans. Rapid Mutlimodal Logistics Limited IPO is a SME IPO. The issue is priced at ₹84 per equity share. The minimum order quantity is 1600 Shares. The IPO opens on Aug 22, 2024, and closes on Aug 27, 2024. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Ans. The Rapid Mutlimodal Logistics Limited IPO opens on Aug 22, 2024 and closes on Aug 27, 2024.

Ans. The size of Rapid Mutlimodal Logistics Limited IPO is 1,011,200 shares(aggregating up to ₹8.49 Cr).

Ans. The IPO price band is set between ₹84 per equity share.

Ans. To apply for Rapid Mutlimodal Logistics Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Rapid Mutlimodal Logistics Limited IPO in the List of IPOs
- Press "Apply" Button
- Select Your Demat Account
- Select Your Shares Quantity and Submit
- Track Your IPO Status

Ans. The share allotment date of Rapid Mutlimodal Logistics Limited IPO is Aug 28, 2024.

Ans. The Rapid Mutlimodal Logistics Limited IPO will be listed on Aug 30, 2024.

Ans. Follow the steps to check the allotment status for Rapid Mutlimodal Logistics Limited IPO here.