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Rapid Multimodel Logistics IPO
Price Band
₹
Issue Size
₹8.49 Cr
Lot Size
1,600 shares
Min Investment
₹134,400
GMP
+₹10.0 (11.9%)
Issue Price
₹84.0
Subject to Sauda
₹12200
Paid only if allotted
Rapid Multimodel Logistics IPO AI Summary
- Rapid Multimodel Logistics IPO is listed on BSE SME in the Logistics Solution Provider sector.
- Subscription window: 22 Aug–27 Aug 2024, listing on 30 Aug 2024.
- Current GMP is +₹10.0 (11.9%) — unofficial and can change daily.
Rapid Multimodal Logistics Limited, a logistics solution provider, is set to launch its IPO with an issue price of ₹84.0. The company has shown revenue growth over the past years but has reported a slight decline in the most recent period. Investors should consider their risk tolerance and market conditions before participating.
TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.
Rapid Multimodel Logistics IPO — Third-Party Research Views
Reviews below reflect analyst calls made before this IPO closed on 27 Aug 2024 — not a current signal.
Recommendations are sourced from third-party research firms and are not TopFund's own investment advice.
Important Dates
Subscription Status
Subscription data unavailable
Rapid Multimodel Logistics IPO Grey Market Premium (GMP) Today
GMP
+₹10.0
GMP %
+11.9%
Est. Listing
₹94.0
Updated: 25 Jul 2026 14:04
About the Company
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.
Company Financials (₹ Cr)
As of 2024-03-31
| 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 |
Key Ratios
EPS
₹6.40
NAV
₹61.66
ROE
46.42%
ROCE
48.98%
RoNW
38.01%
P/B Value
1.36
P/E Ratio
13.12
Market Cap
₹32.01 Cr
PAT Margin
2.50%
Debt/Equity
0.19
Peer Comparison
| Company | NAV | RoNW | P/E (x) | EPS Basic | EPS Diluted |
|---|---|---|---|---|---|
| Shree Vasu Logistics Limited | 28.18 | 9.76% | 84.08 | 2.72 | 2.72 |
| Chartered Logistics Ltd. | 4.89 | 1.48% | 52.89 | 0.19 | 0.19 |
| Rapid Mutlimodel Logistics Limited This IPO | 16.84 | 38.01% | 13.12 | 6.4 | 6.4 |
Promoters
Narayan Agarwal, Manoj Goel, Summit Agarwal and Nidhi Agarwal
Objects of the Issue
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 1 Working Capital Requirements 5.50 2 General Corporate Purpose 1.75 Total 7.25
IPO Evaluation
Generated 23 Sep 2026Revenue Trend
Revenue was ₹47.74 Cr in the year ending 31 Mar 2022, rising to ₹72.96 Cr by 31 Mar 2023, and then slightly declining to ₹71.84 Cr in the year ending 31 Mar 2024, though this is a 9-month figure, not a full year, so isn't directly comparable.
Profit Trend
Profit After Tax was ₹0.95 Cr in the year ending 31 Mar 2022, increasing to ₹2.00 Cr by 31 Mar 2023, and then decreasing to ₹1.79 Cr in the year ending 31 Mar 2024, though this is a 9-month figure, not a full year, so isn't directly comparable.
Valuation
At the issue price of ₹84.0, Rapid Multimodal Logistics has an implied P/E of 13.12, while its peers are trading at P/E ratios ranging from 52.89 to 84.08.
Grey Market Premium, Explained
The Grey Market Premium (GMP) refers to the unofficial trading of shares before they are listed on the stock exchange. A positive GMP indicates that the shares are expected to list at a higher price than the issue price, while a negative GMP suggests the opposite. Investors often look at GMP as a gauge of market sentiment regarding an IPO.
Who This IPO Suits
Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against their risk tolerance and investment strategy. It's important to consider the company's growth potential and market conditions.
Who May Want to Wait
Investors with a low-risk appetite or those who prefer stable, established companies may want to avoid this IPO, as it operates in a competitive and evolving logistics sector.
Listing Gains — The Risk
Listing-day gains can be unpredictable. While some IPOs may list at a premium, others can experience declines. Factors such as market conditions, investor sentiment, and company performance can all influence listing-day prices.
This evaluation is generated from Rapid Multimodel Logistics's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.
Frequently Asked Questions
What is Rapid Multimodel Logistics IPO GMP today?
Rapid Multimodel Logistics IPO GMP today is +₹10.0 (11.9%). GMP is an unofficial grey-market indicator and can change daily.
When does Rapid Multimodel Logistics IPO open and close?
Rapid Multimodel Logistics IPO opens on 22 August 2024 and closes on 27 August 2024.
When does Rapid Multimodel Logistics IPO list on the stock exchange?
Rapid Multimodel Logistics IPO listed on 30 August 2024 at ₹94.0.
What is the lot size for Rapid Multimodel Logistics IPO?
The lot size for Rapid Multimodel Logistics IPO is 1600 shares, requiring a minimum investment of ₹134,400.
What is the lot size for this IPO?
The lot size for Rapid Multimodal Logistics IPO is 1600 shares.
What is the minimum investment required?
The minimum investment required is ₹134,400.
What is the issue price of the IPO?
The issue price of the IPO is ₹84.0 per share.
When does the IPO open and close?
The IPO opens on 22 August 2024 and closes on 27 August 2024.
What does GMP mean?
GMP stands for Grey Market Premium, which indicates the expected premium or discount of the share price in the grey market before the official listing.
Issue Details
Investor Allocation
Registrar
Lead Managers / Book Running
IPO Timeline
Open
22 Aug 2024
Close
27 Aug 2024
Allotment
28 Aug 2024
Listing
30 Aug 2024
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