URL copied to clipboard

Trending News

Rapid Multimodal Logistics Share Price Surges 22.62%, Debuts at ₹103 on BSE SME

Rapid Multimodal Logistics' share debuted at ₹103 on BSE SME, up 22.62% from the issue price, showing strong investor interest and a positive reception on its first trading day.
Rapid Multimodal Logistics Share Price Surges 22.62%, Debuts at ₹103 on BSE SME

Rapid Multimodal Logistics’ share price opened strongly on the BSE SME at ₹103, marking a 22.62% increase from its issue price of ₹84. This robust debut today highlights significant investor interest and a positive market reception for the newly listed company.

Alice Blue Image

Rapid Multimodal Logistics IPO, on the third day of bidding, achieved a subscription rate of 350.50 times, indicating an overwhelmingly positive response and strong investor demand for the initial public offering of the company.

Rapid Multimodal Logistics, based in Chennai, specialises in comprehensive logistics solutions, primarily serving the B2B sector. The company manages the entire supply chain, from sourcing raw materials to delivering finished products, utilising multimodal transportation methods like road, rail, and sea to enhance efficiency. Services include shipment planning, route optimization, carrier selection, documentation, tracking, and last-mile delivery.

Rapid Multimodal Logistics Ltd’s IPO aimed to raise INR 5.50 crores for working capital and INR 1.75 crores for corporate purposes, including strategic initiatives and brand enhancement.

Loading
Read More News
स्टॉक चर्चा में आया: SBI, AXIS और ICICI म्यूचुअल फंड के कंपनी में ब्लॉक डील के जरिए हिस्सेदारी खरीदने से।

स्टॉक चर्चा में आया: SBI, AXIS और ICICI म्यूचुअल फंड के कंपनी में ब्लॉक डील के जरिए हिस्सेदारी खरीदने से।

बड़ी म्यूचुअल फंड्स द्वारा महत्वपूर्ण ब्लॉक डील और हिस्सेदारी खरीदी से कंपनी के भविष्य प्रदर्शन पर सकारात्मक दृष्टिकोण और बढ़ती