RAPID MULTIMODAL LOGISTICS LIMITED (BSE SME)

Aug 22, 2024 - Aug 27, 2024

Premium	₹10
Price	₹84 - ₹84
Lot size	1600
Allotment	Aug 28, 2024
Listing	Aug 30, 2024

Category	Lot(s)	Qty	Amount	Reserved
Retail	1	1600	134400	300
HNI	2	3200	268800	300

Last updated on 27-Aug-2024 17:34:02

Category	Offered	Applied	Times
HNIs	480000	253708800	528.56
Retail	480000	82822400	172.55
Total	960000	329019200	342.73
Total Applications: 63530

HNI Interest Cost Per Share (7 Days)
@7% ₹59.6	@8% ₹68.12	@9% ₹76.63	@10% ₹85.15	@11% ₹93.66	@12% ₹102.18

About

IPO Reservation

Investor Category	Shares Offered	No. of Shares
Retail	47.5%	480000
Other	47.5%	480000
Market Maker	5.06%	51200
Total Shares	100.0%	1011200

Rapid Mutlimodel Logistics IPO Details

Issue Size	1,011,200 shares (aggregating up to ₹8.49 Cr)
Fresh Issue	1,011,200 shares (aggregating up to ₹8.49 Cr)
Issue Type	Fixed Price Issue IPO
Listing At	BSE SME
Share holding pre issue	2,800,000
Share holding post issue	1,011,228

Key Performance Indicator

KPI	Mar-24	Mar-23	Mar-22
ROE	46.42%	101.32%	184.46%
ROCE	48.98%	70.24%	83.73%
RONW	38.01%	66.70%	95.32%
EPS (basic)	6.40	7.16	3.41
P/E Pre IPO	13.12
P/E Post IPO	17.86

Company Financials

Rapid Mutlimodel Logistics Limited Financial Information (Restated)

Period Ended	Mar-24	Mar-23	Mar-22
Assets	839.76	699.14	673.51
Revenue	7,184.25	7,296.17	4,774.40
Profit After Tax	179.23	200.48	95.43
Net Worth	471.55	300.59	100.11
Reserves and Surplus	191.55	295.59	95.11
Total Borrowing	201.07	227.88	357.59
Amount in Lakhs

About Company

Incorporated in July 2020, Rapid Multimodal Logistics Limited, headquartered in Chennai, specializes in providing comprehensive logistical solutions tailored to the B2B sector. The company excels in offering both single and multimodal transportation services, integrating various modes such as road, rail, and sea to enhance supply chain efficiency. Their services encompass a full spectrum of logistics management, including planning, route optimization, carrier selection, documentation, containerization, tracking, communication, last-mile delivery, and performance evaluation. Catering to diverse industries including Glass, Plywood, Paper, Edible Oil, Gypsum Boards, Iron and Steel, Scraps, Tiles, Sanitary, and Liquor, Rapid Multimodal Logistics ensures robust support for complex logistical needs. As of January 2024, the company employs 17 staff members.

Lead Manager(s)

Gretex Corporate Services Limited

Strength

Versatile Range of Transportation Solutions with Exemplary Route Optimization: The company’s ability to integrate multiple transportation modes and optimize routes enhances efficiency and meets diverse shipment requirements.

Cultivating Resilient Collaborations with Lorry Vendors: Strong relationships with lorry vendors ensure reliable and flexible transportation services, contributing to operational resilience.

Optimal Cost Management: Effective cost management strategies help the company provide competitive pricing while maintaining high service standards.

Weakness

Regulatory Compliance Risk: Failure to obtain, maintain, or renew necessary statutory and regulatory approvals could negatively impact business operations and financial health.

Lease Dependency: Operating from a leased office space exposes the company to risks related to lease disruptions or termination, potentially affecting business continuity.

Client and Industry Dependency: Heavy reliance on clients from various industries means that a downturn or loss in any major client's sector could adversely affect the company's business and profitability.

Registrar

Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html