Rapid Mutlimodal Logistics Limited IPO
BSE SMEListed On: Aug 30, 2024 at ₹ 103.0
₹ 134400 /1600 Shares
Check Allotment22 Aug, 2024
Open Date27 Aug, 2024
Close Date28 Aug, 2024
Allotment Date30 Aug, 2024
Listing DateIssue Price
₹84 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE SMERegistrar
Bigshare Services Pvt LtdList Price
103.0Listing Date
2024-08-30Market Lot
1600 Shares (₹134,400/-)Lead Manager
Gretex Corporate Services LimitedIssue Size
1,011,200 shares(aggregating up to ₹8.49 Cr)Retail Portion
50%Subscription
350.50 timesIPO Docs
DRHPRapid Mutlimodal Logistics IPO Details
Rapid Mutlimodal Logistics Limited IPO is an SME IPO, priced at ₹84 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the BSE SME platform. The IPO comprises a total issue of 10,11,200 equity shares, aggregating up to ₹8.49 crores..
The IPO bidding window is open from Aug 22, 2024 to Aug 27, 2024. The allotment is expected to be finalized on Aug 28, 2024, and the tentative listing date is Aug 30, 2024.
The minimum lot size for retail investors is 1600 shares, with a minimum investment of ₹1,34,400. For HNIs, the minimum application size is 2 lots , amounting to ₹ 2,68,800.
Gretex Corporate Services Limited is acting as the lead manager to the issue. The registrar of the IPO is Bigshare Services Pvt Ltd, and Gretex Share Broking Private Limited will act as the market maker for this issue.
Rapid Mutlimodal Logistics IPO Subscription Details
| 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
EPS Pre IPO
₹6.40/-EPS Post IPO
₹4.70/-P/E Pre IPO
13.12P/E Post IPO
17.86ROE
46.42%ROCE
48.98%Debt/Equity
0.19RoNW
38.01%PAT Margin
2.50Price to Book Value
1.36Rapid 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%
- 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
Rapid Mutlimodal Logistics
New No.44, Old No.78, Shrofforchards, Chennai - 600010Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
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.
