Rapid Mutlimodal Logistics Limited
Rapid Mutlimodal Logistics IPO bidding started from Aug 22, 2024 and ended on Aug 27, 2024. The allotment for Rapid Mutlimodal Logistics IPO was finalized on Aug 28, 2024. The shares got listed on BSE on Aug 30, 2024.
Rapid Mutlimodal Logistics IPO price band is set at ₹0 to ₹84 per share. The minimum lot size for an application is 1600 Shares. The minimum amount of investment required by retail investors is ₹0.
Refer to Rapid Mutlimodal Logistics IPO DRHP for detailed information.
IPO date
Aug 22,2024 - Aug 27,2024
Listing Date
Aug 30,2024
Face value
₹10
Price Band
0₹84 per share
Lot
₹1600 Shares
Total Issue Size
10.11 Lakh (10,11,200)
aggregating up to ₹8.49 Cr (8,49,40,800)
Fresh Issue
10.11 Lakh (10,11,200)
aggregating up to ₹8.49 Cr (8,49,40,800)
Issue Type
Fixed Price
IPO Type
Listing At
BSE
Thu, Aug 22, 2024
IPO Open
Tue, Aug 27, 2024
IPO Close
Wed, Aug 28, 2024
Basis of Allotment
Thu, Aug 29, 2024
Initiation of Refunds
Thu, Aug 29, 2024
Credit of Shares to Demat
Fri, Aug 30, 2024
Listing
Rapid Mutlimodal Logistics IPO last GMP is ₹10, last updated Aug 29,2024. With the price band of 84.00, Rapid Mutlimodal Logistics IPO's estimated listing price is ₹94 (cap price + today's GMP).The expected percentage gain/loss per share is 11.90%.
Date | IPO Price | GMP | Estimated Listing Price | Last Updated |
---|---|---|---|---|
29-Aug-24 | 84.00 | 10 | 94(11.90%) | 29-Aug-2024 16:56 |
28-Aug-24 | 84.00 | 10 | 94(11.90%) | 28-Aug-2024 23:25 |
27-Aug-24 | 84.00 | 10 | 94(11.90%) | 27-Aug-2024 23:32 |
26-Aug-24 | 84.00 | 0 | 84(0.00%) | 26-Aug-2024 23:26 |
25-Aug-24 | 84.00 | 0 | 84(0.00%) | 25-Aug-2024 23:26 |
24-Aug-24 | 84.00 | 0 | 84(0.00%) | 24-Aug-2024 23:27 |
23-Aug-24 | 84.00 | 0 | 84(0.00%) | 23-Aug-2024 23:24 |
22-Aug-24 | 84.00 | 0 | 84(0.00%) | 22-Aug-2024 23:29 |
21-Aug-24 | 84.00 | 0 | (0.00%) | 21-Aug-2024 06:04 |
20-Aug-24 | 84.00 | 0 | (0.00%) | 20-Aug-2024 09:32 |
Application | Lots | Shares | Amount |
---|---|---|---|
Retail(Min) | 1 | 1,600 | ₹1.34 Lakh (1,34,400) |
Retail(Max) | 1 | 1,600 | ₹1.34 Lakh (1,34,400) |
HNI(Min) | 2 | 3,200 | ₹2.69 Lakh (2,68,800) |
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.
Rapid Mutlimodal Logistics Limited
New No.44, Old No.78
Shrofforchards
Chennai - 600010
Phone: +91 044264 40181
Email: [email protected]
Website: http://www.rapidlogistics.in/
The promoters of the company are Mr. Narayan Agarwal, Mr. Manoj Goel, Summit Agarwal and Ms. Nidhi Agarwal.