Rapid Multimodal Logistics SME IPO Details, Financials, Valuation & Peers
Get everything you need to know about the Rapid Multimodal Logistics IPO. Explore Rapid Multimodal Logistics IPO details, including IPO dates, financial statements, valuation, peer comparison, and more.
Overview
Rapid Multimodal Logistics Limited, based in Chennai, specializes in providing comprehensive logistics solutions for the B2B segment. The company offers end-to-end services across the supply chain, including the transportation of raw materials and finished goods. Their operations span multiple modes of transportation, including road, rail, and sea, offering clients optimized and customized logistics strategies. Established in 2005 and officially incorporated as a public limited company in 2023, the company has expanded its service offerings, providing tailored logistics solutions to a wide range of industries such as glass, plywood, paper, edible oil, and steel.
Key Points:
- Logistics Solutions: Specializes in providing end-to-end logistical services, including shipment planning, route optimization, carrier selection, documentation, containerization, tracking, and last-mile delivery.
- Multimodal Transportation: Offers coordinated use of multiple transportation modes (road, rail, sea) within a single, integrated supply chain to optimize efficiency and meet the specific requirements of clients.
- Industries: Serves diverse industries such as glass, plywood, paper, edible oil, gypsum boards, iron & steel, scraps, tiles, sanitary, and liquor, offering tailored logistics solutions.
- Strategic Partnerships: Collaborates with Container Corporation of India Limited (CONCOR) for intermodal logistics, enhancing the company's transportation capabilities.
- Pan-India Presence: Operates across various regions in India, with significant revenue contributions from Chennai, Balasore, Sri City, Krishnapatnam, Vizag, and Morbi.
Objects of the Issue
- Working Capital Requirements
- General Corporate Purposes.
IPO Details
Discover essential information crucial for understanding an IPO, including the Price Band, Fresh Issue, Offer For Sale, Total IPO Size and more. Explore these key details to gain insight into the company's public offering.
| Fields | Details |
|---|---|
| IPO Dates | 22 Aug - 27 Aug 2024 |
| IPO Price Band | ₹ 84 per share |
| Fresh Issue | 10,11,200 shares |
| Offer For Sale | NIL |
| Total IPO Size | Approx ₹ 8.49 crore |
| Face Value | ₹ 10 |
| Listing On | BSE |
IPO Timeline
Explore important dates like IPO opening, closing, listing and others, outlining the journey of the Public Offering. This will help you grasp the entire IPO journey effortlessly.
| Event | Date |
|---|---|
| IPO Opening Date | 22 Aug 2024 |
| IPO Closing Date | 27 Aug 2024 |
| Basis Of Allotment | 28 Aug 2024 |
| Refunds | 29 Aug 2024 |
| Demat Transfer | 29 Aug 2024 |
| IPO Listing Date | 30 Aug 2024 |
Financial Statements
Explore a comprehensive financial data table showcasing key metrics including revenue, expenses, net income, and others. Gain valuable insights about the company's financial performance at a glance, facilitating informed decision-making and strategic planning for subscribing to the IPO.
| Period Ended | 31st March 2021 | 31st March 2022 | 31st March 2023 | 31st March 2024 |
|---|---|---|---|---|
| Total Income | NA | 47.74 | 72.96 | 71.84 |
| Total Expenses | 0.003 | 46.47 | 70.32 | 69.41 |
| Net Profit/Loss | -0.003 | 0.95 | 2.00 | 1.79 |
| NPM (*) | NA | 2.00 | 2.76 | 2.50 |
| Total Assets | 0.05 | 6.74 | 6.99 | 8.40 |
| Total Liabilities | 0.003 | 5.73 | 3.99 | 3.68 |
* NPM represents the net profit margin, calculated as a percentage. All other figures are presented in crore (₹cr)
Valuation
Uncover significant valuation metrics such as EPS (Earnings Per Share), ROE (Return on Equity), ROCE (Return on Capital Employed), D/E Ratio (Debt-to-Equity Ratio), Current Ratio, and EBITDA Margin. These key indicators offer insights into the company's financial standing and performance, aiding in informed investment decisions.
| Period Ended | 31st March 2021 | 31st March 2022 | 31st March 2023 | Sep 2023 |
|---|---|---|---|---|
| EPS | -0.01 | 3.41 | 7.16 | 6.40 |
| ROE (%) | -13.49 | 184.46 | 101.32 | 46.42 |
| ROCE (%) | NA | 83.73 | 70.24 | 48.98 |
| D/E Ratio | NA | 3.57 | 0.76 | 0.43 |
| Current Ratio | 17.91 | 1.29 | 2.07 | 2.88 |
| EBITDA MARGIN (%) | NA | 2.97 | 3.68 | 3.84 |
* Compiled from DRHP/RHP for valuation purposes.
Peer Comparison
Compare key financial metrics with industry peers to gain valuable insights into the company's performance compared to its competitors.
| Name | Revenue | P/E | EPS | RoNW | NAV |
|---|---|---|---|---|---|
| Rapid Multimodal Logistics Limited | 71.82 | 13.12 | 6.40 | 38.01 | 16.84 |
| Chartered Logistics Limited | 20.05 | 52.89 | 0.19 | 1.48 | 4.89 |
| Shree Vasu Logistics Limited | 123.07 | 84.08 | 2.72 | 9.76 | 28.18 |
* Revenue in (₹cr), RoNW in (%), EPS, NAV in (₹). P/E ratio is based on the highest price from the IPO price band.
Subscription Data from NSE and BSE
| Investor Type | Subscribed |
|---|---|
| Qualified Institutional Buyer (QIB) | 0 |
| Non-Institutional Investor (NII/HNI) | 4.44 |
| Retail Individual Investor (RII) | 18.56 |
| Total | 11.5 |
* All figures represent multiples of the subscription. Check subscriptions for other ongoing issues here.
IPO Registrar
Bigshare Services Private Limited
Phone: +91 22-62638200
Email: ipo@bigshareonline.com
Website: www.bigshareonline.com
Company Promoters
- MR. NARAYAN AGARWAL
- MR. MANOJ GOEL
- MR. SUMMIT AGARWAL
- MS. NIDHI AGARWAL
Lead Managers
- GRETEX CORPORATE SERVICES LIMITED
Company Address
Rapid Multimodal Logistics Limited
New No.44, Old No.78, Shrofforchards Chennai - 600010, Tamil Nadu, India.
Phone: +91 044264 40181
Email: info@rapidlogistics.in
Website: www.rapidlogistics.in
FAQs
- What is the issue size of the Rapid Multimodal Logistics SME IPO?The Rapid Multimodal Logistics SME IPO has an issue size of Approx ₹ 8.49 crore. This includes a fresh issue of 10,11,200 shares and an offer for sale (OFS) of NIL.
- What is the price band of the Rapid Multimodal Logistics IPO?The price band for the Rapid Multimodal Logistics IPO is ₹ 84 per share.
- What are the bidding dates for the Rapid Multimodal Logistics IPO?The Rapid Multimodal Logistics IPO will open for bidding on 22 Aug 2024 and close on 27 Aug 2024.
- What is the allotment date for the Rapid Multimodal Logistics IPO?The allotment date for the Rapid Multimodal Logistics IPO is 28 Aug 2024.
- What is the listing date for the Rapid Multimodal Logistics IPO?The listing date for the Rapid Multimodal Logistics IPO is 30 Aug 2024.
- What is the Rapid Multimodal Logistics IPO grey market premium?The grey market premium (GMP) for the Rapid Multimodal Logistics IPO is currently at ₹0, with an expected listing gain of approximately 0%. Remember, the grey market premium is not an official indicator, but it reflects market perception and demand for the IPO shares.