Rapid Mutlimodal Logistics IPO
Rapid Mutlimodal Logistics is a BSE SME IPO listed on the BSE SME platform, priced at ₹84 per share. The stock debuted at ₹103, delivering a listing gain of 22.6%. The IPO had a lot size of ₹1600 shares and a minimum investment of ₹1,34,400.
Rapid Mutlimodal Logistics Limited IPO
- IPO Dates
- Aug 22, 2024 – Aug 27, 2024
- Price band
- ₹84 per equity share
- Minimum Investment
- ₹1,34,400
- Issue size
- ₹8.49 Cr
- Lot size
- 1600
- Allotment Date
- Aug 28, 2024
- Listing
- Aug 30, 2024
- Listing At
- BSE SME
IPO timeline
-
Aug 22, 2024
Open Date
Completed
-
Aug 27, 2024
Close Date
Completed
-
Aug 28, 2024
Allotment Date
Completed
-
Aug 30, 2024
Listing Date
Completed
Rapid Mutlimodal Logistics IPO Essentials
Rapid Mutlimodal Logistics IPO Details
Rapid Mutlimodal Logistics IPO is priced at ₹84 per share with a total issue size of 8.49 crore. The IPO has a lot size of 1600 shares and is listed on BSE SME.
- Issue price
- ₹84 per equity share
- Lot size
- 1600 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 1,011,200 shares(aggregating up to ₹8.49 Cr)
- Total issue size
- 10,11,200 shares
(aggregating up to ₹8.49 crore) - Fresh issue
- 10,11,200 shares
(aggregating up to ₹8.49 crore) - Listing at
- BSE SME
- List price
- 103.0
- Listing date
- Registrar
- Bigshare Services Pvt Ltd
- Lead manager
-
Gretex Corporate Services Limited
Market Lot Size
Investors can bid for a minimum of 1600 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 1600 | ₹1,34,400 |
| Retail(max) | 1 | 1600 | ₹1,34,400 |
| NII (min) | 2 | 3,200 | ₹2,68,800 |
Rapid Mutlimodal Logistics IPO Documents
Rapid Mutlimodal Logistics IPO Reservation
Rapid Mutlimodal Logistics IPO reservation details show category-wise allocation of shares. Out of the total 10,11,200 shares, approximately 47.47% for retail investors, and 5.06% for market maker.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | NA (NA%) | |
| Market Maker Shares Offered | 51,200 (5.06%) | |
| Retail Shares Offered | 4,80,000 (47.47%) | |
| Total Shares Offered | 10,11,200 (100%) |
Rapid Mutlimodal Logistics IPO Analytics
Rapid Mutlimodal Logistics IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Rapid Mutlimodal Logistics IPO Subscription Status
Rapid Mutlimodal Logistics IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| 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 |
Rapid Mutlimodal Logistics Valuations
Earnings
- EPS Pre IPO
- ₹6.40/-
- EPS Post IPO
- ₹4.70/-
- P/E Pre IPO
- 13.12
- P/E Post IPO
- 17.86
Returns
- ROE
- 46.42%
- ROCE
- 48.98%
- RoNW
- 38.01%
- PAT Margin
- 2.50
Fundamentals
- Debt / Equity
- 0.19
- Price / Book
- 1.36
Rapid Mutlimodal Logistics Financials( In Lakhs)
| 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 |
Rapid Mutlimodal Logistics Company & Offer Insights
About Rapid Mutlimodal Logistics
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)
Mr. Narayan Agarwal, Mr. Manoj Goel, Summit Agarwal, Ms. Nidhi Agarwal are the company's promoters of Rapid Mutlimodal Logistics.
Rapid Mutlimodal Logistics IPO Issue Objectives
- •
- Working Capital Requirements.
- •
- General Corporate Purposes.
Rapid Mutlimodal Logistics IPO - Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Rapid Multimodal Logistics Limited | 6.4 | 6.4 | 16.84 | 13.12 | 38.01 | 5.25 | Consolidated |
| Chartered Logistics Ltd. | 0.19 | 0.19 | 4.89 | 52.89 | 1.48 | 2.5 | Standalone |
| Shree Vasu Logistics Limited | 2.72 | 2.72 | 28.18 | 84.08 | 9.76 | 8.25 | Standalone |
Notes:
- The figures of Rapid Multimodal Logistics Limited are based on financial statements as restated as on March 31, 2024.
- Considering the nature and size of the business of the Company, the peers are not strictly comparable. However, the same has been included for broad comparison.
- Current Market Price (CMP) is the closing price of peer group scrips on July 22, 2024.
- The figures for the peer group are based on the standalone audited financials for the year ended March 31, 2023.
Contact Information
Contact Details
Rapid Mutlimodal Logistics
+91 044264 40181
New No.44, Old No.78, Shrofforchards, Chennai - 600010
Registrar Contact Details
Bigshare Services Pvt Ltd
+91-22-6263 8200
Frequently Asked Questions
Click any question to reveal the answer
Rapid Mutlimodal Logistics IPO is a Fixed Priced IPO worth ₹8.49 crore. The issue price is ₹84 per share (fixed price). The IPO opens on Aug 22, 2024 and closes on Aug 27, 2024. It will be listed on BSE SME Platform. Bigshare Services Pvt Ltd is the registrar.
The issue price of Rapid Mutlimodal Logistics IPO is ₹84 per share (fixed price).
The lot size of Rapid Mutlimodal Logistics IPO is 1600 shares.
The minimum investment for Rapid Mutlimodal Logistics IPO is approximately ₹1,34,400 based on the issue price .
Rapid Mutlimodal Logistics IPO opens on Aug 22, 2024 and closes on Aug 27, 2024.
The allotment date of Rapid Mutlimodal Logistics IPO is Aug 28, 2024.
Rapid Mutlimodal Logistics IPO is expected to be listed on Aug 30, 2024, on BSE SME Platform.
Rapid Mutlimodal Logistics IPO valuation snapshot: P/E 17.86, EPS ₹4.70/-, P/B 1.36, RoNW 38.01%, and market cap N/A.
To apply for Rapid Mutlimodal Logistics IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Rapid Mutlimodal Logistics IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Rapid Mutlimodal Logistics IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Rapid Mutlimodal Logistics IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Rapid Mutlimodal Logistics IPO allotment status on IPO Ji for quick and easy access.