Listed Price₹103.00
Listing Gain+22.62%
Price Band₹84
Lot Size1,600 shares
Min Bid₹1,34,400
Subscription342.73x
Listed Market Snapshot
₹103.00Listed price from market data
+22.62%listing gain
Issue Amount
₹8.49 Cr
Listed Price
₹103.00
Current Price
₹132.5
Registrar
Bigshare Services Private Limited
Timeline•Fixed Price IPO
Open22 Aug 2024
Close27 Aug 2024
Allotment28 Aug 2024
Listing30 Aug 2024
Quota Reservation Portions
RetailPortion: 4,80,000 shares
47.5%OtherPortion: 4,80,000 shares
47.5%Market MakerPortion: 51,200 shares
5.06%Minimum Application Bracket Matrix
Retail1 lots / 1,600 shares
₹1,34,400HNI2 lots / 3,200 shares
₹2,68,800About the Company
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.
Company Promoters
Mr. Narayan AgarwalMr. Manoj GoelSummit Agarwal Ms. Nidhi Agarwal.
Lead Managers
Registrar
Bigshare Services Private Limited