Rapid Multimodal Logistics IPO

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.

Rapid Multimodal Logistics IPO Strengths

• Versatile 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.

Rapid Multimodal Logistics IPO Risks

• Inability 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.