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.
The company offers both single and multimodal transportation services. These services involve using multiple modes of transportation, like road, rail, and sea, in one supply chain to improve efficiency and meet shipment requirements. This includes planning, route optimization, selecting carriers, documentation, containerization, tracking, communication, last-mile delivery, and performance evaluation.
The company caters to industries such as Glass, Plywood, Paper, Edible oil, Gypsum boards, Iron and steel, Scraps, Tiles, Sanitary, and Liquor.
As of January 2024, the company has 17 employees on its payroll.
Rapid Mutlimodal Logistics IPO – Details
| IPO Opening Date | 22 August 2024 |
| IPO Closing Date | 27 August 2024 |
| Issue Type | Fixed Price Issue IPO |
| Issue Size | Total Issue Size: 10,11,200 Shares Worth ₹8.49 Crore Fresh Issue: 10,11,200 Shares Worth ₹8.49 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹84 |
| Market Lot | 1600 Shares |
| Min Order | 1600 Shares (1 Lot) |
| Listing At | BSE SME |
| Register | Bigshare Services Pvt Ltd |
| Retail Shares Offered | 50% |
| Other Shares Offered | 50% |
Rapid Mutlimodal Logistics IPO – Date Schedule
| IPO Open Date | 22 August 2024 |
| IPO Close Date | 27 August 2024 |
| Basis of Allotment | 28 August 2024 |
| Initiation of Refund | 29 August 2024 |
| Credit of Shares to Demat Account | 29 August 2024 |
| IPO Listing Date | 30 August 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on August 27, 2024 |
Rapid Mutlimodal Logistics IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1600 | ₹1,34,400 |
| Retail (Max) | 1 | 1600 | ₹1,34,400 |
| HNI (Min) | 2 | 3200 | ₹2,68,800 |
Competitive Strengths
- Versatile Range of Transportation Solutions with Exemplary Route Optimization.
- Cultivating Resilient Collaborations with Lorry Vendors.
- Optimal Cost Management.
- Fostering Long-Term Partnerships.
- Word-of-Mouth Acclaim and Informal Advocacy.
- Proximity and Accessibility for Clients.
Company Promoters
- Mr. Narayan Agarwal
- Mr. Manoj Goel
- Summit Agarwal
- Ms. Nidhi Agarwal
Company Financials
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2022 | 47.74 | 46.46 | 0.95 | 3.57 |
| 31 March 2023 | 72.96 | 70.32 | 2.00 | 2.27 |
| 31 March 2024 | 71.84 | 69.41 | 1.79 | 2.01 |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 46.42% |
| ROCE | 48.98% |
| Debt/Equity | 0.19 |
| RoNW | 38.01% |
| PAT Margin (%) | 2.5 |
| Pre IPO | Post IPO | |
| EPS (Rs) | 6.4 | 4.7 |
| P/E (x) | 13.12 | 17.86 |
Object Of The Issue
- Working Capital Requirements.
- General Corporate Purposes.
Rapid Mutlimodal Logistics IPO Promoter Holding
| Pre Issue Share Holding | 99.99% |
| Post Issue Share Holding | – |
Rapid Mutlimodal Logistics IPO Prospectus
Company Contact Information
| 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/ |
Rapid Mutlimodal Logistics IPO Registrar
| 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 Lead Manager(s)
| 1. Gretex Corporate Services Limited |
Rapid Mutlimodal Logistics IPO FAQs
| What is Rapid Mutlimodal Logistics IPO? Rapid Mutlimodal Logistics IPO is a SME IPO. The issue is priced at ₹84 per equity share. The IPO is to be listed on BSE SME. |
| When Rapid Mutlimodal Logistics IPO will open? The IPO is to open on 22 August 2024 for QIB, NII, and Retail Investors. |
| What is Rapid Mutlimodal Logistics IPO Investors Portion? The investors’ portion for Retail – 50%, Other – 50%. |
| How to Apply the Rapid Mutlimodal Logistics IPO? You can apply Rapid Mutlimodal 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. |
| How to Apply the Rapid Mutlimodal Logistics IPO through Angle One? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Rapid Mutlimodal Logistics IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Angle One. |
| How to Apply the Rapid Mutlimodal Logistics IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Rapid Mutlimodal Logistics IPO“. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the Rapid Mutlimodal Logistics IPO through Upstox? Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Rapid Mutlimodal Logistics IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox. |
| How to Apply the Rapid Mutlimodal Logistics IPO through IIFL? Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name “Rapid Mutlimodal Logistics IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with IIFL. |
| What is Rapid Mutlimodal Logistics IPO Size? Rapid Mutlimodal Logistics IPO size is ₹8.49 Crore. |
| What is Rapid Mutlimodal Logistics IPO Price Band? Rapid Mutlimodal Logistics IPO Price Band is ₹84. |
| What is Rapid Mutlimodal Logistics IPO Minimum and Maximum Lot Size for retail? The minimum bid is 1600 Shares with ₹1,34,400 amount while the maximum bid is 1600 Shares with ₹1,34,400. |
| What is the Rapid Mutlimodal Logistics IPO Allotment Date? Rapid Mutlimodal Logistics IPO allotment date is 28 August 2024. |
| What is the Rapid Mutlimodal Logistics IPO Listing Date? Rapid Mutlimodal Logistics IPO listing date is 30 August 2024. The IPO is to be listed on BSE SME. |
