RAPID MULTIMODAL LOGISTICS LIMITED
Fixed Price IPO · BSE
- Price band
- ₹84 - ₹84
- Lot size
- 1,600 shares
- Issue amount
- ₹8.49 cr
- Total subscription
- 342.73×
- Opens
- 22 Aug 2024
- Closes
- 27 Aug 2024
- Allotment
- 28 Aug 2024
- Listing
- 30 Aug 2024
Offer at a glance
Issue overview
- Issue size
- 10,11,200 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,34,400
- Fresh issue
- ₹8.49 cr
- Offer for sale
- ₹0 cr
- Registrar
- Bigshare Services Private Limited
- Listing exchange
- BSE
- Maximum investment
- ₹1,34,400
- Issue type
- Fixed Price IPO
- Shares before issue
- 28,00,000
- Shares after issue
- 10,11,228
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 1,600 | ₹1,34,400 |
| HNI | 2 | 3,200 | ₹2,68,800 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| — | — |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| RETAIL | 4.03 | 695.71 |
| NIB | 4.03 | 2,131.15 |
Financial performance
Company financials
in Lakhs · Reported periods may include interim results.
Key performance indicators
| Metric | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|
| EPS | 6.4 | 7.16 | 3.41 |
| ROE | 46.42 | 101.32 | 184.46 |
| ROCE | 48.98 | 70.24 | 83.73 |
| RONW | 38.01 | 66.7 | 95.32 |
| PRE IPO(PE) | 13.12 | 0 | 0 |
| POST IPO(PE) | 17.86 | 0 | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
Founded in July 2020 and based in Chennai, Rapid Multimodal Logistics Limited provides end-to-end logistics solutions for B2B clients. Specializing in both single and multimodal transportation, the company seamlessly integrates road, rail, and sea to optimize supply chains. Their services cover every aspect of logistics, from planning and route optimization to tracking, last-mile delivery, and performance evaluation. Serving industries like glass, plywood, paper, edible oil, gypsum boards, iron and steel, scraps, tiles, sanitary, and liquor, the company ensures efficient and reliable transport solutions. As of January 2024, Rapid Multimodal Logistics has a dedicated team of 17 employees.
Strengths
- Smart & Efficient Transportation: The company seamlessly combines different transportation modes and optimizes routes to improve efficiency and meet various shipping needs.
- Strong Partnerships with Lorry Vendors: By building reliable relationships with lorry vendors, the company ensures smooth, flexible, and dependable transportation services.
- Cost-Effective Operations: Smart cost management helps keep prices competitive without compromising on service quality.
Risk factors
- Regulatory Challenges: Afcons needs to secure and maintain various approvals to keep operations running smoothly. Any delays or failures in this process could impact its business and finances.
- Leased Office Risks: Since Afcons operates from a leased office, any disruptions or lease terminations could affect business continuity.
- Industry & Client Dependence: The company relies on clients from different industries. If a key sector or major client faces a downturn, it could impact Afcons’ business and profitability.
Promoters
Mr. Narayan Agarwal
Mr. Manoj Goel
Summit Agarwal
Ms. Nidhi Agarwal.
Registrar & documents
Lead manager
Gretex Corporate Services Limited
Registrar & contacts
Bigshare Services Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
New No.44, Old No.78 Shrofforchards Chennai - 600010
+91 044264 40181
[email protected]Company website ↗Understanding RAPID IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.