Rapid Multimodal Logistics IPO

Rapid Multimodal Logistics IPO offers 10,11,200 shares worth INR 8.49 cr. Proceeds will address working capital needs and general corporate purposes.

Important Details

Open Date : August 22, 2024 Close Date : August 27, 2024 Allotment Date: August 28, 2024 Listing Date: August 30, 2024

Important Details

IPO Price: INR 84 per share Lot Size: 1600 Shares Total Issue Size: INR 8.49 crores

Fundamental Analysis

Rapid Multimodal Logistics IPO  shows mixed performance: 1. Steady revenue and profit growth; strong liquidity. 2. Decreased RoNW; improved Debt Equity Ratio, indicating reduced leverage.

Peer Comparison

Rapid Multimodal Logistics: Best profitability and returns, attractive option. Shree Vasu Logistics: Leads in revenue but may be overvalued. Chartered Logistics: Lags in key metrics.

Objective

Rapid Multimodal Logistics IPO aims to: 1. INR 5.50 crores for working capital needs. 2. INR 1.75 crores for general corporate purposes, including strategic initiatives and brand building.

Risks And Challenges

Rapid Multimodal Logistics Ltd IPO Risks: 1. Reliance on manpower, key clients, technology, and brand recognition. 2. Disruptions in these areas could impact operations, cash flows, profitability, and business success.