IPO Details

Rapid Multimodal Logistics Ltd
Registered Office: New # 44 Old # 78, Shroff Orchards, Chennai - 600010, Tamil Nadu
Phone: +91 044 2644 0181
Email: info@rapidlogistics.in
Website: www.rapidlogistics.in
Public issue of upto 10,11,200 equity shares of face value of Rs. 10.00 each ("Equity Shares") of Rapid Multimodal Logistics Limited (the "Company" or the "Issuer") for cash at a price of Rs. 84 per equity share including a share premium of Rs. 74 per equity share (the "Issue Price") aggregating upto Rs. 8.49 crores ("The Issue") of which 51,200 equity shares of face value of Rs. 10.00 each for cash at a price of Rs. 84 per equity share including a share premium of Rs. 74 per equity share aggregating to Rs. 0.43 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of 9,60,000 equity shares of face value of Rs. 10.00 each at a price of Rs. 84 per equity share including a share premium of Rs. 74 per equity share aggregating to Rs. 8.06 crores (the "Net Issue"). The issue and the net issue will constitute 25.63% and 25.19 % respectively of the post issue paid up equity share capital of the company. The face value of the equity share is Rs. 10.00 and the issue price is 8.4 times of the face value of the equity shares.

Issue		Money Payable On
Opens On	Closes On	Application	Allotment
22-Aug-2024	27-Aug-2024	₹ 84.00	₹ 0.00

Projects
Working Capital Requirements
General Corporate Purposes

Promoted By
Narayan Agarwal
Manoj Goel
Summit Agarwal

Listing At
BSE - SME

Registrar to the Issue