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Open
22 Aug 2024
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Close
27 Aug 2024
3
Allotment
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Listing
Fri, Aug 30, 2024
Price Band
₹84 per share
Issue Size
10,11,200 shares (agg. up to ₹8 Cr)
Lot Size
1,600 Shares
Listing Date
Fri, Aug 30, 2024
Latest GMP
₹10
Est. Gain
11.9%
✦ AI Insight
GMP Trend
30-08-2024₹10Est. ₹94+11.9%
29-08-2024₹10Est. ₹94+11.9%
28-08-2024₹10Est. ₹94+11.9%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 349.91x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | 8.40 | 6.99 | 6.74 |
| Total Income | 71.84 | 72.96 | 47.74 |
| Profit After Tax | 1.79 | 2.00 | 0.95 |
| NET Worth | 4.72 | 3.01 | 1.00 |
| Reserves and Surplus | 1.92 | 2.96 | 0.95 |
| Total Borrowing | 2.01 | 2.28 | 3.58 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Brace Port Logistics Ltd. | SME | ₹24.41 Cr | ₹80 | 13.49 | ₹159.60 | +99.50% | ₹62.00 (+0.81%) |
| Afcom Holdings Ltd. | SME | ₹73.83 Cr | ₹108 | 14.33 | ₹215.45 | +99.49% | ₹1,423.70 (+2.49%) |
| Ashapura Logistics Ltd. | SME | ₹52.66 Cr | ₹144 | 11.54 | ₹175.75 | +22.05% | ₹54.00 (+0.47%) |
| Premier Roadlines Ltd. | SME | ₹40.36 Cr | ₹67 | 15.7 | ₹91.35 | +36.34% | ₹45.75 (-1.08%) |
| GConnect Logitech & Supply Chain Ltd. | SME | ₹5.60 Cr | ₹40 | 1.5 | ₹44.10 | +10.25% | ₹9.56 (-4.40%) |
| Sahara Maritime Ltd. | SME | ₹6.88 Cr | ₹81 | 15.03 | ₹81.16 | +0.20% | ₹21.00 (-4.55%) |
| S J Logistics (India) Ltd. | SME | ₹48.00 Cr | ₹125 | 14.14 | ₹183.75 | +47.00% | ₹328.30 (-2.48%) |
| Marinetrans India Ltd. | SME | ₹10.92 Cr | ₹26 | 14.53 | ₹31.00 | +19.23% | ₹14.15 (+4.81%) |
| Committed Cargo Care Ltd. | SME | ₹24.95 Cr | ₹77 | 10.94 | ₹86.10 | +11.82% | ₹313.50 (-5.00%) |
| Oneclick Logistics India Ltd. | SME | ₹9.91 Cr | ₹99 | 0.51 | ₹133.00 | +34.34% | ₹419.00 (-2.56%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Working Capital Requirements | 5.50 |
| 2 | General Corporate Purpose | 1.75 |
| Total | 7.25 |
About Rapid Multimodal Logistics IPO
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.+ Read More
Contact Details
Rapid Multimodal Logistics Ltd. AddressNew No.44, Old No.78ShrofforchardsChennai, Tamil Nadu, 600010+91 044264 40181info@rapidlogistics.inVisit Website