Rapid Multimodal Logistics IPO Date, Review, Price, Allotment Details

Rapid Multimodal Logistics IPO Details: Rapid Multimodal Logistics IPO date is fixed, The IPO will open on August 22 and will close on August 27. Rapid Multimodal Logistics is a BSE SME IPO to raise ₹8.49 crores via IPO. The Rapid Multimodal Logistics IPO price band is fixed at ₹84 with a market lot of 1600 Shares.

Rapid Multimodal Logistics is a Chennai-based company that provides one-stop logistical solutions to its clients. They majorly cater to the B2B segment of the industry. They offer an end-to-end logistics solution to manufacturers/traders to transport raw materials or finished goods. They are involved in the management and coordination of the movement of raw materials or finished goods throughout the supply chain, from the point of origin to the destination. They provide single as well as multimodal transportation services which involve the coordinated use of multiple modes of transportation (such as road, rail, sea) within a single, integrated supply chain to optimize efficiency and meet the unique requirements of shipments. Right from shipment planning, Route Optimization, Carrier Selection, Documentation, Containerization, Tracking and Communication and Coordination, Last-Mile Delivery, and Performance Evaluation.

They encompass a diverse range of industries, including but not limited to Glass, Plywood, Paper, Edible oil, Gypsum boards, Iron & Steel, Scraps, Tiles, Sanitary, and Liquor industries. Their commitment to excellence is exemplified in their ability to tailor their logistics and supply chain solutions to meet the unique demands of each industry they serve. They deliver their services with a comprehensive reach across the domestic market, operating at a PAN India level. Their extensive client base is not only a result of direct orders but also a testament to their commitment to excellence. Their clients are in diverse parts of the country having the majority of revenue from services coming from Chennai, Balasore, Sri City 100 (Tada), Krishnapatnam, Vizag, Morbi, etc.

Rapid Multimodal Logistics IPO Date & Price Band Details

Rapid Multimodal Logistics IPO Dates

The Rapid Multimodal Logistics IPO date is August 22 and the IPO close date is August 27. The IPO allotment date is August 28 and the IPO might list on August 30.

Rapid Multimodal Logistics IPO Market Lot

The Rapid Multimodal Logistics IPO minimum market lot is 1600 shares with a ₹134,400 application amount.