RAPID MULTIMODAL LOGISTICS LIMITED
ListedSMETransportation & Logistics · BSE
Founded in July 2020 and based in Chennai, Rapid Multimodal Logistics Limited provides end-to-end logistics solutions for B2B clients. Specializing in both single and multimodal transportation, the company seamlessly integrates road, rail, and sea to optimize supply chains. Their services cover every aspect of logistics, from planning and route optimization to tracking, last-mile delivery, and performance evaluation. Serving industries like glass, plywood, paper, edible oil, gypsum boards, iron and steel, scraps, tiles, sanitary, and liquor, the company ensures efficient and reliable transport solutions. As of January 2024, Rapid Multimodal Logistics has a dedicated team of 17 employees.
Price Band
₹84
Issue Size
₹8.49 Cr
Lot Size
1600 shares
GMP
₹10
+11.9%
Est. Listing
₹94
at current GMP
Subscribed
342.73x
overall
Open
22 Aug 2024
Close
27 Aug 2024
Allotment
28 Aug 2024
Refund
29 Aug 2024
Demat Credit
30 Aug 2024
Listing
30 Aug 2024
Last updated 12 days ago
Official Registrar Verification
RAPID MULTIMODAL LOGISTICS LIMITED Allotment Status
Designated Registrar: Bigshare Services Private Limited
Allotment Date
28 Aug 2024
Basis finalization
Refunds Initiate
29 Aug 2024
Mandate release
Demat Credit
30 Aug 2024
Shares in demat
Listing Debut
30 Aug 2024
Trading begins
How to Check RAPID MULTIMODAL LOGISTICS LIMITED IPO Allotment Status
- Click the Check on Registrar button above to visit Bigshare Services Private Limited's allotment portal.
- Select RAPID MULTIMODAL LOGISTICS LIMITED from the dropdown company list.
- Choose your lookup mode: PAN Number, Application Number, or DP Client ID.
- Enter your details accurately and solve the Captcha code.
- Click Submit / Search to view the number of shares applied and allotted to you.
About RAPID MULTIMODAL LOGISTICS LIMITED Public Issue & Market Profile
RAPID MULTIMODAL LOGISTICS LIMITED is bringing an initial public offering (IPO) in the Transportation & Logistics sector with an aggregate issue size of ₹8.49 Crores. The shares are offered at a price band of ₹84 to ₹84 per equity share on BSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Public Issue & Allotment Procedure:
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1600 shares (approx. ₹1,34,400 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Official Allotment Timelines & Registrar Guidance:
Allotment reconciliation will be managed by Bigshare Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2024-08-30, while un-allotted funds or UPI block mandates will be released on 2024-08-29.
Frequently Asked Questions
What if my name is not showing on the registrar portal?
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
How will I receive the refund if I don't get allotment?
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.