Rapid Multimodal Logistics IPO Date, Review, GMP Price, Details.

Rapid Multimodal Logistics IPO
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Rapid Multimodal Logistics IPO details : Rapid Multimodal Logistics IPO details is Open on 22 August 2024 and Close on 27 August 2024. Rapid Multimodal Logistics IPO to Raise 1,011,200 shares (Approx ₹8.49 Cr) via IPO. The Fresh issue of 1,011,200 shares (Approx ₹8.49 Cr).

Our Company was incorporated on July 04, 2020 We are a Chennai based company engaged in the business of providing one-stop logistical solution to our clients.

We majorly cater to the B2B segment of the industry.We provide an end-to-end logistics solution to manufacturers/traders to transport raw materials or finished goods.

1. Road freight
2. Rail freight
3. Cargo Shipment

We are involved in the management and coordination of the movement of raw materials or finished goods throughout the supply chain, from the point of origin to the destination.

We provide single as well as multimodal transportation services which involves the coordinated use of multiple modes of transportation (such as road, rail, sea) within a single, integrated supply chain to optimize efficiency and meet the unique requirements of shipments. Right from shipment planning, Route Optimization, Carrier Selection, Documentation, Containerization, Tracking and to Communication and Coordination, Last-Mile Delivery, Performance Evaluation.

We encompass a diverse range of industries, including but not limited to Glass, Plywood, Paper, Edible oil, Gypsum boards,Iron & Steel, Scraps, Tiles, Sanitary, Liquor industry.

Our commitment to excellence is exemplified in our ability to tailor our logistics and supply chain solutions to meet the unique demands of each industry we serve.

We understand the intricacies and specific requirements of these varied sectors, allowing us to provide customized and efficient services that contribute to the seamless functioning of our clients’ operations. This broad industry coverage underscores our adaptability and commitment to being a comprehensive and reliable partner, capable of navigating the distinctive challenges presented by diverse business landscapes.

We are in collaboration with M/s Container Corporation of India Limited (CONCOR), an intermodal logistics Navratna Public Sector Enterprise as a Business Associate since 2021. We have a tie up agreement with them on yearly renewal of contract of railway shipments for our clients. Container Corporation of India Ltd.

Our road freight services constitute a pivotal element of our comprehensive logistics solutions, offering a reliable and efficient mode of transportation for goods. As a logistics enterprise, we furnace meaningful partnerships with local lorry dealers, enlisting their services to transport goods for our clientele. Maintaining strong and mutually beneficial relationships with these dealers, many of whom are local drivers, serves not only to ensure the uniform transportation of goods but also to foster economic growth in rural areas by providing employment opportunities.

Our commitment to local engagement is further exemplified by the employment of primarily local lorry drivers.

In overseeing the intricacies of our logistics operations, two teams handle the tracking process. The Traffic Manager composes order execution, ensuring the seamless flow of goods, while the Load Supervisor efficiently supervises the lading and delivery of the goods from commencement to culmination. To ensure administrative efficiency, all billing procedures
are centralized at our registered corporate office situated in Chennai.

We put our complete efforts into offering the swiftest road network service among our array of logistics solutions, underscoring our assurance to providing not just transportation but a streamlined and expedited logistics experience for our valued clients.

Key Features

  1. Nationwide Coverage: Our road freight services span across the nation, providing extensive coverage to deliver goods to diverse locations.
  2. Flexible Transportation: Whether it’s full truckload (FTL) or less than truckload (LTL), our road freight services offer flexibility to accommodate various shipment sizes.
  3. Timely Deliveries: We prioritize timely deliveries, leveraging efficient route planning, real-time tracking, and a responsive team to ensure that shipments reach their destinations as scheduled.
  4. Customized Solutions: Recognizing the unique requirements of each client, our road freight services are customizable to meet specific logistics needs, contributing to a tailored and client-centric approach.

Rapid Multimodal Logistics IPO Date & Price Band Details

IPO Open Date 22 Aug 2024
IPO Close Date 27 Aug 2024
IPO Size 1,011,200 shares (Approx ₹8.49 Cr)
Fresh Issue 1,011,200 shares (Approx ₹8.49 Cr)
Lot Size 1600 Shares
IPO Face Value ₹10 Per Equity Share"
IPO Price Band ₹84 Per Every Share
IPO Listing On BSE SME
IPO Retail Quota 50%
IPO QIB Quota -%
IPO NII Quota 50%
DRHP Draft Click Here
Anchor Investor Click Here

Rapid Multimodal Logistics IPO Market Lot Details

Application Lot Size Shares Amount
Retail Minimum 1 1600 ₹134,400
Retail Maximum 1 1600 ₹134,400
S-HNI Minimum 2 3200 ₹268,800

Object of the Issue

  1. Working Capital Requirements.
  2. General Corporate Purposes.

Rapid Multimodal Logistics IPO Allotment & Listings (Details)

IPO Open Date 22 Aug 2024
IPO Close Date 27 Aug 2024
Basis of Allotment 28 Aug 2024
Refunds 29 Aug 2024
Credit to Demat Account 29 Aug 2024
IPO Listing Date 30 Aug 2024

Rapid Multimodal Logistics Financial Reports

₹ in Crores
Year Revenue Expense PAT
Sept 2023 ₹34.74 ₹33.32 ₹1.06
2023 ₹72.96 ₹70.32 ₹2.00
2022 ₹47.74 ₹46.47 ₹0.95

Our Company Promoters

  1. Mr. Narayan Agarwal
  2. Mr. Manoj Goel
  3. Mr. Summit Agarwal 
  4. Ms. Nidhi Agarwal

Qualitative Factors

  • 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.

Rapid Multimodal Logistics Comparison Listed Industry Peers Group

Company Name Face Value EPS P/E Ratio Ro NW (%) NAV Per Revenue (₹ in Lakhs)
Chartered Logistics Limited 1.00 0.02 375.00 0.35% 4.78 8,487.40
Shree Vasu Logistics Limited 10.00 1.79 127.93 7.24% 24.55 10,051.00

Comparison of Accounting Ratios with Listed Peer Group Companies

  • Chartered Logistics Limited.
  • Shree Vasu Logistics Limited.

Also Read: Indian Phosphate IPO

Rapid Multimodal Logistics Company Contact Details

New No.44, Old No.78, shrofforchards, Chennai – 600010, Tamil Nadu, India.
Tel: +91 044264 40181
Email: info@rapidlogistics.in
Website: www.rapidlogistics.in

Rapid Multimodal Logistics Lead Manager

GRETEX CORPORATE SERVICES LIMITED
A-401, Floor 4th, Plot FP-616, (PT), Naman Midtown,
Senapati Bapat Marg, Near Indiabulls, Dadar (w), Delisle
Road, Mumbai – 400013, Maharashtra, India.
Tel. No.: +91 96532 49863
Email: info@gretexgroup.com
Website: www.gretexcorporate.com
Contact Person: Mr. Ravi Bombarde

Rapid Multimodal Logistics IPO Registrar

BIGSHARE SERVICES PRIVATE LIMITED
S6-2, 6th Pinnacle Business Park, Mahakali Caves Road,
next to Ahura Centre, Andheri East, Mumbai- 400093,
Maharashtra, India.
Tel. No.: +91 – 22 – 6263 8200
Email: ipo@bigshareonline.com
Investor Grievance Email: investor@bigshareonline.com
Website: www.bigshareonline.com
Contact Person: Mr. Vinayak Morbale

About Rapid Multimodal Logistics-

Road Freight Services in Logistics Process

Our road freight services play a crucial role in our comprehensive logistics process, offering a versatile and efficient solution for the transportation of goods. This integral service follows a systematic process to ensure the smooth movement of cargo, from initial planning to final delivery. Here’s an overview of our road freight services within the logistics process:

1. Client Consultation : Our process begins with a detailed consultation with the client to understand their specific transportation needs, including cargo type, volume, and delivery timelines.
2. Route Planning : Leveraging advanced route optimization tools and geographical expertise, we meticulously plan the most efficient and cost-effective transportation routes.
3. Booking and Scheduling : Once the route is finalized, we proceed with booking the necessary transportation resources, scheduling pick-up times, and coordinating the logistics schedule. We connect with Local vendors like the brokers and vehicle owners.
4. Loading and Packaging : Our dedicated team ensures proper loading and packaging of the cargo during transportation.
5. En Route Management : Our operations team monitors the progress of each shipment, addressing any unforeseen challenges, and ensuring that the cargo stays on schedule.
6. Unloading and Delivery : Upon reaching the destination, our team manages the unloading process and ensures the timely delivery of the cargo to its destination.
7. Documentation and Reporting : Thorough documentation, including proof of delivery and other relevant reports, is provided to clients for transparency and record-keeping.
8. Post-Delivery Support : Our commitment extends beyond delivery, with post-delivery support to address any client inquiries, feedback, or additional logistics needs.

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