Rapid Multimodal Logistics IPO : Complete Overview
Rapid Multimodal Logistics Ltd., founded in July 2020 and based in Chennai, is set to launch its IPO on August 22, 2024. The company aims to raise Rs.8.49 crore through this fixed price issue. The IPO will consist of a fresh issue of 10.11 lakh shares, priced at Rs.84 each. Shares will be allocated equally between retail investors and other investors, with the subscription period running from August 22 to August 27, 2024. The listing is scheduled for August 30, 2024, on the BSE SME platform. What Is Rapid Multimodal Logistics? Rapid Multimodal Logistics specializes in providing integrated logistical solutions by combining various transportation modes—land, air, and sea—into a single, efficient supply chain. This comprehensive approach includes services such as route optimization, carrier selection, tracking, containerization, last-mile delivery, and more. Serving diverse industries like glass, plywood, paper, edible oil, gypsum boards, iron and steel, scraps, tiles, sanitary prod...