Rapid Multimodal Logistics Ltd

Rapid Multimodal Logistics Ltd IPO

Rapid Multimodal Logistics Ltd IPO Price Range is ₹84 - 84, with a minimum investment of ₹1,34,400 for 1600 shares.

₹1,34,400

/ 1600 shares

Minimum Investment

View Rapid Multimodal Logistics Ltd IPO details including price range, minimum investment, lot size, financials, and IPO timeline. Get subscription updates, peer comparison, and key insights to help you make an informed decision.

IPO Status

Closed

Price Band

₹84 - 84

Open Date

2024-08-22

Close Date

2024-08-27

IPO Size

₹8.49 Cr

Lot Size

1600 shares

Min Investment

₹1,34,400

Listing Exchange

BSE

Rapid Multimodal Logistics Ltd IPO Application Timeline

passed
Open Date22 Aug 2024
passed
Close Date27 Aug 2024
passed
Allotment Date28 Aug 2024
passed
Listing Date30 Aug 2024

Strengths and Risks

Strengths

Strengths

  • 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.


Risks

Risks

  • Its business is operating under various laws which require it to obtain approvals from the concernedstatutory/regulatory authorities in the ordinary course of business and its inability to obtain, maintain or renew requisite statutory and regulatory permits and approvals for its business operations could materially and adversely affect its business, prospects, results of operations and financial condition.

  • The company Registered Office is not owned by it. The same is occupied by it on a lease basis. Disruption of its rights as lessee or termination of the agreements with the company lessor would adversely impact its operations and, consequently, its business.

  • The company depends significantly on its clients from different industries and are highly dependent on the performance of their industry. A loss of, or a significant decrease in their business could adversely affect its business and profitability.

  • The company does not own any vehicles for logistics services provided by it, the company depends significantly on its vendors to provide transport facilities. A loss of, or a significant decrease in services provided by its vendors could adversely affect the companys business and profitability.

  • Its business involves usage of manpower and any unavailability of the company employees or any strikes, work stoppages may have an adverse impact on its cash flows and results of operations.

  • The company has collaborated as a Business Associates with one of the leading players of logistics industry. Any disruption in renewal of tie up agreement may adversely affect its business.

  • Its business is operating under various laws which require the company to obtain approvals from the concerned statutory/regulatory authorities in the ordinary course of business and its inability to obtain, maintain or renew requisite statutory and regulatory permits and approvals for its business operations could materially and adversely affect its business, prospects, results of operations and financial condition.

  • The company has certain outstanding litigation against it, an adverse outcome of which may adversely affect its business, reputation and results of operations.

  • The Company has a negative cash flow in its operating activities for the year ended on March 31, 2022, investing activities for the year ended March 31, 2023 and 2022 and Financing Activity for the year ended March 31,2024 and 2023 details of which are given below. Sustained negative cash flow could impact its growth and business.

  • There were certain non-disclosures in some of its corporate records relating to forms filed with the Registrar of Companies and other provisions of Companies Act, 2013. Any penalty or action taken by any regulatory authorities in future for non-compliance with provisions of corporate and other law could impact the financial position of the Company to that extent.

How to Apply for Rapid Multimodal Logistics Ltd IPO on INDmoney

1

Download the INDmoney app and complete your KYC to open an account.

2

Go to the INDstocks section and tap on IPO, or search for ‘IPO’.

3

Select Rapid Multimodal Logistics Ltd IPO from the list of live IPOs.

4

View key details like price band, lot size, and dates, then tap ‘Apply Now’.

5

Choose the number of lots and place your order via UPI.

6

Your funds will be blocked until the share allotment is finalized.

About Rapid Multimodal Logistics Ltd

Rapid Multimodal Logistics Limited is a Chennai based company engaged in the business of providing one-stop logistical solution to its clients. The Company caters to the B2B segment of the industry. It provides an end-to-end logistics solution to manufacturers/ traders to transport raw materials or finished goods. The Company is 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. It provides 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.

Frequently Asked Questions of Rapid Multimodal Logistics Ltd IPO

What is the size of the Rapid Multimodal Logistics Ltd IPO?

The size of the Rapid Multimodal Logistics Ltd IPO is ₹8.49 Cr.

What is the allotment date of the Rapid Multimodal Logistics Ltd IPO?

Rapid Multimodal Logistics Ltd IPO allotment date is Aug 28, 2024 (tentative).

What are the open and close dates of the Rapid Multimodal Logistics Ltd IPO?

The Rapid Multimodal Logistics Ltd IPO will open on Aug 22, 2024 and close on Aug 27, 2024

What is the lot size of Rapid Multimodal Logistics Ltd IPO?

The lot size for the Rapid Multimodal Logistics Ltd IPO is 1600.

When will my Rapid Multimodal Logistics Ltd IPO order be placed?

Your Rapid Multimodal Logistics Ltd IPO order will be placed on Aug 22, 2024

Can we invest in Rapid Multimodal Logistics Ltd IPO?

Yes, once Rapid Multimodal Logistics Ltd IPO opens, you can invest in the shares of the company.

What would be the listing gains on the Rapid Multimodal Logistics Ltd IPO?

The potential listing gains on the Rapid Multimodal Logistics Ltd IPO will depend on various market factors and cannot be predicted with certainty.

What is 'pre-apply' for Rapid Multimodal Logistics Ltd IPO?

'Pre-apply' for Rapid Multimodal Logistics Ltd IPO indicates your interest in the IPO before it opens for subscription. This ensures quick application when the IPO goes live.