Rapid Multimodal Logistics Limited

About the company

## **About Rapid Multimodal Logistics Limited** Rapid Multimodal Logistics, headquartered in Chennai, excels in providing comprehensive logistical solutions tailored to the B2B sector. Their services cater to a broad spectrum of industries, including glass, plywood, paper, edible oil, gypsum boards, iron & steel, scraps, tiles, sanitary products, and the liquor industry.  Specializing in end-to-end logistics, they support manufacturers and traders with the efficient transportation of raw materials and finished goods across the supply chain. They pride themselves on their ability to customize logistics solutions to meet the distinct requirements of each sector. By understanding the complexities and specific needs of these diverse industries, they provide tailored and efficient services that support the seamless operation of their clients’ businesses.Their expertise spans single and multimodal transportation, seamlessly integrating road, rail, and sea transport to enhance efficiency and address the specific needs of each shipment. From meticulous shipment planning and route optimization to carrier selection, documentation, containerization, tracking, and last-mile delivery, their holistic approach ensures that every stage of the logistics process is managed with precision. This industry-wide adaptability underscores our commitment to being a reliable and comprehensive logistics partner, adept at navigating the unique challenges of varied business environments. They maintain a strategic collaboration with a leading player in the logistics industry, securing a yearly renewable contract for railway shipments. This partnership enhances their capabilities in managing railway and coastal transport orders, with dedicated personnel ensuring high standards of service. Their association with such a prominent logistics entity reinforces our reliability and strengthens their ability to handle complex and large-scale transportation needs effectively. With a vision to lead the logistics sector through innovative solutions, Their mission is centered on delivering customer-oriented, cost-effective services while fostering long-term relationships built on transparency. Operating across the domestic market with a PAN India presence, they  serve clients in Chennai, Balasore, Sri City (Tada), Krishnapatnam, Vizag, Morbi, and beyond. Their extensive client base and geographical reach highlight their dedication to excellence and ability to address the diverse needs of clients nationwide, showcasing their commitment to providing superior logistics services on a national scale. Rapid Multimodal Logistics  prepares for its Initial Public Offering (IPO), the proceeds from the Fresh Issue will be allocated towards critical objectives: 1. Working Capital Requirements  1.  General Corporate Purposes.

Financial performance (₹ Cr)

IPO Roadmap / Timeline

1. IPO Opens

   Completed
   22 Aug 2024

   Bidding starts for all investor categories

2. IPO Closes

   Completed
   27 Aug 2024

   Last day to place your bid

3. Basis of Allotment

   Completed
   24 Aug 2024

   Share allotment finalised

4. Refund Initiation

   Completed
   29 Aug 2024

   Refunds credited for non-allottees

5. Credit to Demat

   Completed
   28 Aug 2024

   Allotted shares credited to demat account

6. Listing on Exchange

   Completed
   30 Aug 2024

   Shares list on NSE / BSE

Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.