Incorporated in July 2020, Rapid Multimodal Logistics Limited is a Chennai-based company specialising in providing comprehensive logistical solutions to its clients, primarily in the B2B segment. The company offers a wide range of both single and multimodal transportation services, integrating road, rail, and sea transportation within a single supply chain to enhance efficiency and meet complex shipment requirements.
Their services include planning, route optimisation, carrier selection, documentation, containerisation, tracking, communication, last-mile delivery, and performance evaluation, ensuring a seamless logistics experience.
Rapid Multimodal Logistics Limited serves various industries, including Glass, Plywood, Paper, Edible Oil, Gypsum Boards, Iron and Steel, Scrap, Tiles, Sanitary, and Liquor. As of January 2024, the company employs 17 dedicated professionals committed to delivering high-quality logistics solutions.
The company operates on a PAN India level, with a strong domestic presence and a diverse client base. Significant revenue streams are generated from key locations such as Chennai, Balasore, Sri City (Tada), Krishnapatnam, Vizag, and Morbi.
This geographical diversity underscores Rapid Multimodal Logistics Limited's ability to meet the unique logistical needs of clients across different regions, highlighting its commitment to providing top-tier logistics services nationwide.
Industry Outlook:
- India's logistics sector is projected to grow at a 4.5% CAGR, reaching 15.6 trillion tonne-kilometres by 2050, driven by GDP and export growth targets.
- India's surface transport sector is set to grow at 8% CAGR, with MoRTH targeting ₹40,000 crore (US$ 4.80 billion) through asset monetisation in 2023-24.
Rapid Multimodal Logistics IPO Objectives
The company plans to allocate the net proceeds from the issuance to the following purposes:
- Working Capital Requirements.
- General Corporate Purposes.
Peer Details
The following are the listed industry peers of Ambey Laboratories Limited:
- Chartered Logistics Limited
- Shree Vasu Logistics Limited
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Contact Details of Rapid Multimodal Logistics IPO
- Registered office: New No.44, Old No.78, Shrofforchards Chennai - 600010, Tamil Nadu, India
- Phone: +91 044264 40181
- E-mail: info@rapidlogistics.in
IPO Financials
| Particulars | For the period ended September 30, 2023 | Year Ending on March 31, 2023 | Year ending on March 31, 2022 |
|---|---|---|---|
| Revenue from Operation (in ₹ lakh) | 3,473.75 | 7,272.75 | 4,771.26 |
| Profit After Tax (PAT) (in ₹ lakh) | 106.38 | 200.48 | 95.43 |
| Current Ratio (x) | 2.21 | 3.14 | 2.36 |
| Net Worth (in ₹ lakh) | 402.35 | 296.95 | 98.78 |
| Total Borrowings (in ₹ lakh) | 508.18 | 227.88 | 357.59 |
| Return on Equity (%) | 30.43% | 101.32% | 184.46% |
| Return on Capital Employed (RoCE) (%) | 32.59% | 70.24% | 83.73% |
| EPS (in ₹) | 3.80 | 7.16 | 3.41 |
Know before investing
Strengths
6Versatile transportation solutions with advanced route optimisation for efficiency.
Strong partnerships with lorry vendors ensure priority service.
Strategic cost management balances expenses and service excellence.
Positive word-of-mouth advocacy boosts reputation and client trust.
Strategic location ensures client accessibility and efficient logistics services.
Risks
6Inability to renew regulatory approvals could disrupt business operations.
Leased registered office may cause operational disruptions if vacated.
High client concentration risk with 21% revenue from Iron/Steel.
Dependence on third-party transport vendors impacts service reliability.
Negative cash flows reported; financial stability may be affected.
Intense competition in a fragmented logistics market may reduce revenues.
