The IPO for Rapid Multimodel Logistics is scheduled to begin on August 22, 2024, and end on August 27, 2024. With a focus on business-to-business transactions, the company’s expertise lies in providing clients with all-inclusive logistical solutions. A new offering of 10,11,200 shares, totaling up to ₹8.49 Cr, is part of the IPO. 1600 shares make up the lot size, and each share is priced at ₹84.
Rapid Multimodal Logistics IPO Details
| IPO Open: | August 22, 2024 |
| IPO Close: | August 27, 2024 |
| IPO Size: | Approx ₹8.49 Crores,1,011,200 Equity Shares |
| Total Issue Size | 1,011,200 shares(aggregating up to ₹8.49 Cr) |
| Fresh Issue | 1,011,200 shares(aggregating up to ₹8.49 cr) |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹84 Per Equity Share |
| IPO Listing on: | BSE SME |
| IPO Listing Date: | August 30, 2024 |
Rapid Multimodal Logistics Financial Analysis
| FY 2024 | |
| Assets | 839.76 |
| Revenue | 7,184.25 |
| Profit After Tax | 179.23 |
| Net Worth | 471.55 |
| ROE | 46.42% |
| ROCE | 48.98% |
| Debt/Equity | 0.19 |
| RoNW | 38.01% |
| PAT Margin (%) | 2.5 |
How to apply Rapid Multimodal Logistics IPO?
- Rapid Multimodal Logistics IPO is applyable through ASBA, which is accessible through your bank account. Simply choose the Rapid Multimodal Logistics IPO in the Invest part of the online bank login and apply using your bank account.
- Alternatively, you can apply for the Rapid Multimodal Logistics IPO by downloading the IPO forms from the NSE website. View the Rapid Multimodal Logistics forms by clicking on the NSE IPO Forms link, filling them out, and sending them to your broker or bank.
About the Company- Rapid Multimodal Logistics
Rapid Multimodal Logistics Limited, a Chennai-based company that was founded in July 2020, specialized in providing clients with all-inclusive logistics solutions, with a particular emphasis on the B2B market.
The business provides services for both single and multimodal transportation. These services include integrating several forms of transportation—such as land, air, and sea—into a single supply chain in order to increase productivity and satisfy cargo demands. Planning, route optimization, carrier selection, paperwork, containerization, tracking, communication, last-mile delivery, and performance assessment are all included in this. Glass, plywood, paper, edible oil, gypsum boards, iron and steel, scraps, tiles, sanitary, and liquor are just a few of the industries the company serves.
