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
Overall Subscription
342.73x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
528.56x
High Net-Worth
Retail (RII)
172.55x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| NIB | 480,000 | 253,708,800 | 528.56x |
| RETAIL | 480,000 | 82,822,400 | 172.55x |
| Total | 960,000 | 336,531,200 | 342.73x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 221 | 38,134 | 172.55x |
| HNIs (10L +) | 1 | 529 | 528.56x |
| HNIs (2-10L) | 7 | 3,700 | 528.56x |
| Total Applications | 229 | 42,363 | 184.99x |
Day-Wise Subscription Progress
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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.
Bidding & Quota Instructions:
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.
Allotment Reconciliation Schedule:
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 (GMP) for RAPID MULTIMODAL LOGISTICS LIMITED IPO is ₹10 per equity share. Based on the upper price band of ₹84 to ₹84 per equity share, the estimated listing price is ₹94 (+11.9% expected listing 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, the expected profit per application lot is approx ₹16,000 (+11.9% gain). Minimum application cost is approx ₹1,34,400.
What is the issue size and price band for RAPID MULTIMODAL LOGISTICS LIMITED IPO?
The RAPID MULTIMODAL LOGISTICS LIMITED IPO aggregate issue size is ₹8.49 Crores with an equity price band set at ₹84 to ₹84 per equity share. The retail lot size is 1600 shares requiring a minimum capital outlay of approx. ₹1,34,400.
How can I check RAPID MULTIMODAL LOGISTICS LIMITED IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 342.73x (Retail: 172.55x, QIB: 0.00x, NII: 528.56x). You can track live multiples directly on our dedicated subscription page.
Where and when will RAPID MULTIMODAL LOGISTICS LIMITED IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Bigshare Services Private Limited) and the BSE status verification website on or around 2024-08-28. Investors can verify status using PAN card or application number.
When is the listing date for RAPID MULTIMODAL LOGISTICS LIMITED IPO?
RAPID MULTIMODAL LOGISTICS LIMITED shares are scheduled to list on BSE on 2024-08-30.