What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the estimated listing price for RAPID MULTIMODAL LOGISTICS LIMITED IPO?

Based on the upper price band of ₹84 and current GMP of ₹10, the estimated listing price is ₹94 (approx. 11.9% gain).

What is the expected profit per lot for RAPID MULTIMODAL LOGISTICS LIMITED IPO?

With a lot size of 1600 shares and current GMP of ₹10, expected profit per retail application lot is approximately ₹16,000.

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Grey Market Intelligence

RAPID MULTIMODAL LOGISTICS LIMITED

ListedSME

Transportation & 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

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

Overview Live GMP Live Subscription Allotment Status

Live Grey Market Premium

RAPID MULTIMODAL LOGISTICS LIMITED GMP Today

Last updated: 19 Oct 2026

Current Premium

₹10+11.9%

Issue Price (Upper)

₹84

Band: ₹84

Estimated Listing Price

₹94

Upper price + GMP

Lot Size

1600 shares

Min investment ₹1,34,400

Date	GMP (₹)	GMP %	Est. Listing
31 Oct 2026	+₹10	11.9%	₹94
30 Oct 2026	+₹10	11.9%	₹94
29 Oct 2026	+₹9	10.7%	₹93

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 & Pricing Context:

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.

Basis of Allotment & Listing Timeline:

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 is RAPID MULTIMODAL LOGISTICS LIMITED IPO GMP today?

The latest grey market premium for RAPID MULTIMODAL LOGISTICS LIMITED IPO is ₹10, which indicates an expected listing price of ₹94.

What does Kostak Rate and Sauda mean in IPO GMP?

Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.

Is Grey Market Premium officially recognized?

No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.