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Rapid Multimodal Logistics Limited IPO GMP Today, Price Range, and Company Details

Rapid Multimodal Logistics Limited IPO offers shares at ₹84 per share and has a GMP of ₹0. Available in 1600 share lots, the subscription window is open from August 22 to August 27, 2024.
Rapid Multimodal Logistics Limited IPO GMP Today, Price Range, and Company Details

As of August 22, 2024, Rapid Multimodal Logistics Limited IPO has a ₹0 as Grey Market Premium, with a price range at₹84 per share. Offering lots of 1600 shares, the subscription window is open from August 22 to August 27, 2024.

Rapid Multimodal Logistics Limited IPO GMP Today

The Grey Market Premium (GMP) for Rapid Multimodal Logistics Limited is ₹0 as of August 22, 2024. This assessment coincides with a price of ₹84 per share for the IPO.

Rapid Multimodal Logistics Limited IPO Review

Rapid Multimodal Logistics Limited Ltd has shown notable financial growth, with net worth increasing from ₹300.59 lakhs in March 2023 to ₹471.55 lakhs by March 2024. This growth is supported by substantial increases in profitability and EPS, showcasing strong investor confidence.

The company’s financial health is robust, as evidenced by growing assets and a reduced debt-equity ratio. Equity and liabilities have consistently increased, reflecting expansion potential, while an improvement in RoNW to 38.01% highlights enhanced shareholder value generation.

To get a full IPO review, click here Rapid Multimodal Logistics Limited IPO

Rapid Multimodal Logistics Limited IPO Date

Rapid Multimodal Logistics Limited will start accepting subscriptions from August 22 to August 27, 2024.

Rapid Multimodal Logistics Limited IPO Price

Rapid Multimodal Logistics Limited’s IPO price range is at ₹84 per share with a face value of ₹10 each.

Also Read: Best Low Price Shares To Buy – Maximize Your Returns

Rapid Multimodal Logistics Limited

Rapid Multimodal Logistics, based in Chennai, specializes in providing comprehensive logistical solutions for the B2B sector. The company manages the entire supply chain, offering both single and multimodal transportation services, utilizing road, rail, and sea to optimize efficiency. Their services include shipment planning, route optimization, carrier selection, documentation, tracking, last-mile delivery, and performance evaluation.

How To Apply For Rapid Multimodal Logistics Ltd IPO?

To apply for the Rapid Multimodal Logistics Limited IPO through Alice Blue, follow these steps:

1. Open a Demat and Trading Account with Alice Blue if you don’t have one.

2. Access IPO details for Rapid Multimodal Logistics Limited on the Alice Blue platform.

3. Place your bid for the desired number of shares within the IPO’s price range.

4. Confirm your information and submit your application quickly.

You can apply for the Rapid Multimodal Logistics Limited IPO at Alice Blue in just a few clicks!

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