ListedSMERAPID

Rapid Multimodal Logistics Limited

Rapid Multimodal Logistics Limited is an SME IPO raising ₹8 Cr at a fixed price of ₹84 a share. It listed on 30 Aug 2024 and trades at ₹176 today, +109.8% against its issue price of ₹84. The exchanges never published a subscription figure for it.

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₹84

Issue price

₹176

Price now

+109.8%

Since issue price

30 Aug 2024

Listed on

Not publishedSubscription

The exchanges never published a subscription figure for this issue.

populated partly populated we hold nothing here — the tab says why

Terms of the issue

The mechanics of what is being sold. Held for every issue we track.

Issue price (fixed)₹84

Cut-off price₹84

Issue size₹8 Cr

Shares per lot1600

Minimum application₹1,34,400

Minimum quantity1600

Face value₹10

Listing exchanges—

ISININE0QA901010

Bidding hours10:00 – 17:00 IST

Bidding window22 Aug 2024 – 27 Aug 2024

SME

What being an SME issue means here. SME issues list on NSE Emerge or BSE SME. They disclose less than mainboard issues, trade far more thinly, and — by regulation — the minimum application is a full lot worth roughly ₹1–1.5 lakh rather than about ₹15,000. That is why the minimum above is so much larger than for a mainboard issue.

Not here yet

Valuation against the issuer's named peers, what the fresh money funds, and the anchor-investor allocation come from reading the prospectus, which we do for current and upcoming issues — historical issues will not gain them.