Rapid Multimodal Logistics Ltd

Rapid Multimodal Logistics Ltd IPO

IPO Price Range: ₹84 - 84

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.

Min Investment

₹1,34,400

IPO Size

₹8 Cr

IPO Status

Closed

Quantity in 1 Lot

1600

Max Bid allowed

1

Listing Exchange

BSE

IPO Application Timeline of Rapid Multimodal Logistics Ltd

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

Key Statistics

Bid Opening DateBid Opening Date22 Aug 2024
Bid Closing DateBid Closing Date27 Aug 2024
Allotment DateAllotment Date28 Aug 2024
Issue SizeIssue Size₹8.49Cr
Quantity in 1 lotQuantity in 1 lot1600

Strength and risks

Strength

Strength

  • 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.


Risk

Risk

  • 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.

Promoters Holding

Investors Holdings %
Narayan Agarwal69.99%
Manoj Goel27.3%
Summit Agarwal2.7%
Nidhi Agarwal0%
Rakhi Agarwal0%

About Rapid Multimodal Logistics Ltd

OrganisationRapid Multimodal Logistics Ltd
HeadquartersChennai
IndustryLogistics

Frequently Asked Questions

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

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

  • 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.

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

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

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

    The open and close dates of the Rapid Multimodal Logistics Ltd IPO are 22 Aug 2024 to 27 Aug 2024.

  • What is the lot size and minimum order quantity of the Rapid Multimodal Logistics Ltd IPO?

    The lot size and minimum order quantity of the Rapid Multimodal Logistics Ltd IPO are 1600 and 1600 respectively.

  • 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.