Rapid Multimodal Logistics Limited IPO GMP

Rapid Multimodal Logistics is a premier provider of integrated logistics solutions, providing the domestic market with seamless multi-modal and strategic end-to-end solutions. Their ability to connect cities via road, rail, and ports guarantees integrated coverage for our clients, allowing them to efficiently manage time and money.

Rapid Multimodal Logistics, a Fixed Price Issue amounting to ₹8.49 crores, consisting entirely a Fresh Issue of 10.11 Lakh Shares. The subscription period for the Rapid Multimodal Logistics IPO opens on August 22, 2024, and closes on August 27, 2024. The allotment is expected to be finalized on or about Wednesday, 28th August, 2024, and the shares will be listed on the BSE SME with a tentative listing date set on or about Friday, 30th August, 2024.

The Share price of Rapid Multimodal Logistics IPO is set at ₹84 equity per share, with a minimum lot size of 1,600 shares. Retail investors are required to invest a minimum of ₹134,400, while the minimum investment for High-Net-Worth Individuals (HNIs) is 2 lots (3,200 shares), amounting to ₹268,800.

GRETEX CORPORATE SERVICES LIMITED is the book-running lead manager, BIGSHARE SERVICES PRIVATE LIMITED is the registrar for the Issue. Gretex Share Broking Limited will act as the Market Maker for the Rapid Multimodal Logistics IPO.

Rapid Multimodal Logistics Limited IPO GMP Today
The Grey Market Premium of Rapid Multimodal Logistics Limited IPO is expected in the range of ₹28 to ₹30 based on the financial performance and subscription status of the company. No real trading is done on the basis of Grey Market Premium that's why no real discovery of price can be done before the listing of shares on the stock exchange. The Grey Market Premium totally depends upon the Demand and Supply of the shares of the company in unorganized manner which is not recommended. The Grey Market Premium is mentioned for educational and informational purposes only.

Rapid Multimodal Logistics Limited IPO Live Subscription Status Today
As of 04:38 PM on 23rd August 2024, the Rapid Multimodal Logistics Limited IPO live subscription status shows that the IPO subscribed 6.78 times on the second day of subscription period. Check the Resourceful Automobile Limited IPO Live Subscription Status Today at BSE.

Rapid Multimodal Logistics Limited IPO Allotment Status
Rapid Multimodal Logistics IPO allotment date is 28 August, 2024, Wednesday. Rapid Multimodal Logistics IPO Allotment will be out on 28th August 2024 and will be live on Registrar Website from the allotment date. Check Rapid Multimodal Logistics Limited IPO Allotment Status here. Here's how you can check the allotment status:
- Navigate to the IPO allotment status page.
- Select Rapid Multimodal Logistics Limited IPO from the dropdown list of IPOs.
- Enter your application number, PAN, or DP Client ID.
- Submit the details to check your allotment status.
By following either of these methods, investors can quickly determine their allotment status and proceed accordingly with their investments.

Objectives of Rapid Multimodal Logistics Limited IPO
Rapid Multimodal Logistics Issue Proceeds from the Fresh Issue will be utilized towards the following objects : 
1. ₹550.00 Lakhs is required for Working Capital
2. ₹175.41 Lakhs is required for General Corporate Purposes.

Refer to Rapid Multimodal Logistics Limited RHP for more details about the Company.