Issue Price
₹84
Per Share
GMP
NIL
Grey Market
Est. Listing
₹84
Expected Price
Min. Application
₹268,800
2 lots × 1600 shares
Incorporated in July 2020, 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 Multimodal Logistics Ltd proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 51,200 | — | ₹0.43 Cr | — |
| TOTAL | 1,011,200 | 100.00% | ₹8.49 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,600 | ₹134,400 |
| Retail (Max) | 13 | 20,800 | ₹1,747,200 |
| sNII (Min) | 14 | 22,400 | ₹1,881,600 |
| bNII (Min) | 68 | 108,800 | ₹9,139,200 |
| Particulars | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Revenue from Operations | 7184.25 | 7296.17 | 4774.40 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 179.23 | 200.48 | 95.43 |
| Net Worth | 471.55 | 300.59 | 100.11 |
| Total Assets | 839.76 | 699.14 | 673.51 |
| Reserves & Surplus | 191.55 | 295.59 | 95.11 |
| Total Borrowings | 201.07 | 227.88 | 357.59 |