RAPID MULTIMODAL LOGISTICS LIMITED (BSE SME)

Aug 22, 2024 - Aug 27, 2024

Price ₹84 - ₹84
Premium ₹10
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

CategoryOfferedAppliedTimes
HNIs480000253708800528.56
Retail48000082822400172.55
Total960000329019200342.73
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 CategoryShares OfferedNo. of Shares
Retail47.5%480000
Other47.5%480000
Market Maker5.06%51200
Total Shares100.0%1011200

Rapid Mutlimodel Logistics IPO Details

Issue Size1,011,200 shares
(aggregating up to ₹8.49 Cr)
Fresh Issue1,011,200 shares
(aggregating up to ₹8.49 Cr)
Issue TypeFixed Price Issue IPO
Listing AtBSE SME
Share holding pre issue2,800,000
Share holding post issue1,011,228

Key Performance Indicator

KPIMar-24Mar-23Mar-22
ROE46.42%101.32%184.46%
ROCE48.98%70.24%83.73%
RONW38.01%66.70%95.32%
EPS
(basic)
6.407.163.41
P/E
Pre IPO
13.12
P/E
Post IPO
17.86

Company Financials

Rapid Mutlimodel Logistics Limited Financial Information (Restated)

Period EndedMar-24Mar-23Mar-22
Assets839.76699.14673.51
Revenue7,184.257,296.174,774.40
Profit After Tax179.23200.4895.43
Net Worth471.55300.59100.11
Reserves and Surplus191.55295.5995.11
Total Borrowing201.07227.88357.59
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