Rapid Multimodal Logistics IPO: The initial public offering (IPO) logistical solutions provider Rapid Multimodal Logistics Ltd commenced today and got oversubscribed within hours of opening. Rapid Multimodal Logistics IPO will remain open till August 27. Rapid Multimodal Logistics IPO is an SME IPO and the equity shares of the company will be listed on BSE SME.
Rapid Multimodel Logistics SME IPO Details
| SME IPO Issue Opening Date: | 22nd Aug 2024 |
| SME IPO Issue Closing Date: | 27th Aug 2024 |
| SME IPO Issue Price: | ₹84.00 Per Share |
| IPO Listing At: | BSE SME |
| Retail Quota: | 50% of the Net Issue |
| SME IPO Issue Type: | Fixed Price Issue |
| SME IPO Issue Size: | ₹8.49 Cr |
| Fresh Issue: | ₹8.49 Cr |
| Face Value: | ₹10 Per Equity Share |
| SME IPO Discount: | TBD |
| Promoter Holding Pre IPO: | 99.99% |
Rapid Multimodel Logistics SME IPO dates
Get important updates regarding Rapid Multimodel Logistics SME IPO tentative timeline covering SME IPO opening, closing, allotment, and listing dates. Dates are updated as they are announced.
| SME IPO Activity | Date |
| Basis of Allotment Date | 28th Aug 2024 |
| Refunds Initiation | 29th Aug 2024 |
| Credit of Shares to Demat | 29th Aug 2024 |
| SME IPO Listing Date | 30th Aug 2024 |
Rapid Multimodal Logistics IPO Subscription Status
Rapid Multimodal Logistics IPO has been subscribed 2.23 times so far on Thursday, the first day of the bidding process. The public issue received bids for 21.44 lakh equity shares as against 9.60 lakh shares on the offer, according to the data available till 2:30 pm. The IPO has been subscribed 4.01 times in the retail category, and 0.36 times in the Non-Institutional Investors (NII) category so far.
Rapid Multimodel Logistics SME IPO Lots
| SME IPO Activity | Date |
| Issue Price | ₹84.00 |
| Market Lot: | 1600 Shares |
| 1 Lot Amount: | ₹134400 |
| Min HNI Lots: | 3200 shares (2 lots)- ₹268800 |
