August 30, 2024
admin
Rapid Multimodal IPO GMP grey market premium, review, Subscription, allotment, listing estimate @
👉 Chanakyanipothi.com, a legacy of 31 Years.
India`s Oldest Investment & IPO website.
👉Most Trusted by Investors across India.
Table of Contents
Rapid Multimodal listing Review
Rapid Multimodal IPO allotment Link
What is the latest grey market premium of Rapid Multimodal IPO?
For latest GMP, Click
Subscription status of Rapid Multimodal IPO
Rapid Mutlimodal Logistics IPO (Closed)Price Rs. 84 Lot 1600 shares, Rs. 8.49 Crore |
||||
| QIB | NII x | RII x | Total x | Applications |
| 512.80 | 172.55 | 350.50 | 63,508 (211.69x) | |
| Amount wise bids recd. Rs. 2975.75 Crore | ||||
| Note: | ||||
What is the business of Rapid Multimodal?
The company is in collaboration with one of the leading players in Logistics Industry. It has a tie up agreement with them on yearly renewal of contract of railway shipments for our clients. For Railway and Coastal transport orders, it deals with their authorized designated person.
The Company carries its logistics operation via three routes i.e. by road, by rail and by sea route. Vehicles involved in its business are Light Commercial Vehicle, Heavy Commercial Vehicle, Tippers, Open Body Vehicles, Closed Body Vehicles, Containerized Load, Cargo / goods train, Container / Cargo ship, etc. The Company solely relies on third party logistics that enables the company to focus on core activities, scale operations efficiently, and access specialized expertise and technology, while mitigating risks and enjoying cost savings associated with vehicle ownership and maintenance.
Get more information about the company @ http://www.rapidlogistics.in
Rapid Multimodal IPO Details |
|
| IPO opens on | 22 August 2024 |
| IPO closes on | 27 August 2024 |
| Issue Type | Book Built Issue IPO |
| Issue Size | 10,11,200 Shares / Rs 8.49 Crore |
| * Fresh Issue | 10,11,200 Shares / Rs 8.49 Crore |
| * Offer for Sale – | |
| Market Maker Portion | 51200 Shares |
| Net offer to Public | 960000 Shares/ Rs.8.06 Crore |
| Face Value per share | Rs. 10 |
| Price Band | Rs.84 |
| Employee discount | Rs. 0 per share |
| Retail Lot Size | 1600 Shares |
| Listing will at | BSE SME |
Shares offered in IPO |
||
| Shares | Rs. (Crore) | |
| QIB (0%) | – | – |
| NII (50%) | 480000 | 4.03 |
| RII (50%) | 480000 | 4.03 |
| Total Shares | 960000 | 8.06 |
| Retail portion will be oversubscribed by | 300 | |
| Forms | ||
| How much Shares to Apply in this IPO? | ||
| Min Retail Application | 1600 Shares | Rs.134400 |
| Min HNI Application | 3200 Shares | Rs.268800 |
Who are the Promoters of Rapid Multimodal IPO?
Mr. Naryan Agarwal, Mr. Manoj Goel, Mr. Summit Agarwal and Ms. Nidhi Agarwal
are the promoters of the company
What are the Objects of Rapid Multimodal IPO?
The Offer comprises of only fresh issue of shares.
The Company intends to utilize the Net Fresh Issue Proceeds for the following Objects
a) Working Capital Requirements
b) General Corporate Purposes
Tentative timetable |
|
| IPO opens on | 22 August 2024 |
| IPO Closes on | 27 August 2024 |
| IPO Allotment on | 28 August 2024 |
| Refund Initiation | 29 August 2024 |
| Credit of Shares | 29 August 2024 |
| Listing on | 30 August 2024 |
| Registered Office of the Company New No.44, Old No.78, Shrofforchards, Chennai – 600010, Tamil Nadu, India: |
| Who is the Lead Manager of this IPO? Gretex Corporate Services Ltd |
|
Who is the Registrar to IPO? |
Rapid Multimodal IPO GMP grey market premium, review, Subscription, allotment, listing estimate
Rapid Multimodal IPO Financial & Analytical Ratios |
||||
| Year | Total Income |
Net Profit |
EPS | RoNW |
| Rs.in Crore | Rs.in Crore | Rs. | % | |
| 2021-22 | 47.71 | 0.95 | 3.41 | 95.32 |
| 2022-23 | 72.73 | 2.00 | 7.16 | 66.70 |
| 2023-24 6M | 34.73 | 1.06 | 3.80 | 26.17 |
| Book Value of the Share on 30.9.2023 |
Rs | 14.52 | ||
| BV of the Share at cap price after IPO |
Rs. | ? | ||
| Offer Price/upper band | Rs. | 84 | ||
IPO
|
|
| Price/EPS of 23-24 | 11.73 |
| Price/BV Ratio | 5.78 |
| Price/BV after IPO | – |
How Rapid Multimodal IPO compares with the Peers?
| As on date of DRHP | FV | Total | PE |
| Rs. | Income | Ratio of | |
| Rs. In Cr | |||
| Rapid Multimodal | 10 | 72.73 | 12 |
| Chartered Logistics | 1 | 84.87 | 375 |
| Shree Vasu Logistics | 10 | 100.51 | 128 |
# This is only coverage of News related to Grey Market Premium & subject to rates. We do not deal in grey market premium. We do not recommend dealing in Grey Market. Investment decision based on Grey Market trends can be faulty.
Rapdi Multimodal IPO Review
The company is in collaboration with one of the leading players in Logistics Industry. It has a tie up agreement with them on yearly renewal of contract of railway shipments for our clients. For Railway and Coastal transport orders, it deals with their authorized designated person.
Size: Net size of the IPO is Rs.8.06 crore, comprising of 960000 shares. The size of the IPO is very small and hence huge oversubscription is possible.
Financial Snapshot: The company has strong topline and bottom-line. The shares are offered at reasonable valuation and there is scope for listing gains.
+ from fundamental angle: May Apply
+ from grey market angle: ?
Quicklinks
Rapid Multimodal IPO GMP today allotment, review?
Rapid Multimodal IPO GMP grey market premium
Rapid Multimodal IPO FAQs
What is Rapid Multimodal IPO?
This is a SME IPO of 1011,200 equity shares of the face value of Rs. 10 aggregating up to Rs.8.49 Crores. The issue is priced at Rs.84 per share. The minimum order quantity is 1600 Shares.
When will Rapid Multimodal IPO subscription open?
Rapid Multimodal IPO opens on August 22, 2024, and closes on August 27, 2024.
What is the lot size of Rapid Multimodal IPO?
Rapid Multimodal IPO lot size is 1600 Shares, and the minimum amount required is Rs.134400
How to apply for Rapid Multimodal IPO?
You can apply in Rapid Multimodal IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
When is Rapid Multimodal IPO allotment?
The finalization of Basis of Allotment for Rapid Multimodal IPO will be done on August 28, 2024, and the allotted shares will be credited to your demat account by August 29, 2024.
When is Rapid Multimodal IPO listing date?
Rapid Multimodal IPO listing date is August 30, 2024.
