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Rapid Multimodal Logistics IPO vs Vdeal System IPO

Comparison between Rapid Multimodal Logistics IPO and Vdeal System IPO.

IPO Details

Rapid Multimodal Logistics IPO is a SME Fixed Price IPO proposed to list at BSE SME while Vdeal System IPO is a SME Fixed Price proposed to list at NSE SME.

 Rapid Multimodal Logistics IPOVdeal System IPO
LogoRapid Multimodal Logistics IPO LogoVdeal System IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMENSE SME
Lead ManagersGretex Corporate Services Ltd.Affinity Global Capital Market Pvt.Ltd.
RegistrarBigshare Services Pvt.Ltd.Cameo Corporate Services Ltd.
Market MakerGretex Share Broking Pvt.Ltd.Black Fox Financial Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Rapid Multimodal Logistics IPO is up to ₹8.06 Cr whereas the issue size of the Vdeal System IPO is up to ₹17.16 Cr. The final issue price of Rapid Multimodal Logistics IPO is ₹84.00 per share and of Vdeal System IPO is ₹112.00 per share.

 Rapid Multimodal Logistics IPOVdeal System IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹84.00 per share₹112.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1600 shares1200 shares
Fresh Issue Size9,60,000 shares15,32,400 shares
Fresh Issue Size (Amount)up to ₹8.06 Crup to ₹17.16 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total9,60,000 shares15,32,400 shares
Issue Size Total (Amount)up to ₹8.06 Crup to ₹17.16 Cr

IPO Timetable

Rapid Multimodal Logistics IPO opens on Aug 22, 2024, while Vdeal System IPO opens on Aug 27, 2024. The closing date of Rapid Multimodal Logistics IPO and Vdeal System IPO is Aug 27, 2024, and Aug 29, 2024, respectively.

 Rapid Multimodal Logistics IPOVdeal System IPO
Anchor Bid Date
Issue OpenAug 22, 2024Aug 27, 2024
Issue CloseAug 27, 2024Aug 29, 2024
Basis Of Allotment (Tentative)Aug 28, 2024Aug 30, 2024
Initiation of Refunds (Tentative)Aug 29, 2024Sep 02, 2024
Credit of Share (Tentative)Aug 29, 2024Sep 02, 2024
Listing date (Tentative)Aug 30, 2024Sep 03, 2024
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Rapid Multimodal Logistics IPO P/E ratio is 13.12, as compared to Vdeal System IPO P/E ratio of 11.79.

 Rapid Multimodal Logistics IPOVdeal System IPO
Financials

Rapid Multimodal Logistics Limited Financial Information (Restated)

Rapid Multimodal Logistics Limited's revenue decreased by -2% and profit after tax (PAT) dropped by -11% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets839.76699.14673.51
Total Income7,184.257,296.174,774.4
Profit After Tax179.23200.4895.43
Net Worth471.55300.59100.11
Reserves and Surplus191.55295.5995.11
Total Borrowing201.07227.88357.59
Amount in ₹ Lakhs

Vdeal System Limited Financial Information (Restated)

Vdeal System Limited's revenue increased by 26% and profit after tax (PAT) rose by 183% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets2,727.931,544.441,142.33
Total Income2,625.082,075.411,623.96
Profit After Tax311.38110.0923.1
Net Worth628.75341.83231.73
Reserves and Surplus301.1312.04201.95
Total Borrowing937.67621.02639.51
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)10099.97
Promoter Shareholding (Post-Issue)73.4766.96
P/E Ratio13.1211.79
Market Cap₹32.01 Cr.₹54.77 Cr.
ROE46.42%49.52%
ROCE48.98%32.83%
Debt/Equity0.191.49
EPS₹6.40₹9.50
RoNW38.01%49.52%

Shares Offered

In the Rapid Multimodal Logistics IPO Retail Individual Investors (RII) are offered 4,80,000 shares while in Vdeal System IPO retail investors are offered 4,80,000 shares. Qualified Institutional Buyers (QIB) are offered in Rapid Multimodal Logistics IPO and in Vdeal System IPO.

 Rapid Multimodal Logistics IPOVdeal System IPO
Anchor Investor Reserveration
Market Maker Reserveration51,200 shares81,600 shares
QIB
NII4,80,000 shares7,65,600 shares
RII4,80,000 shares7,66,800 shares
Employee
Others
Total9,60,000 shares15,32,400 shares

Bids Received (Subscription)

Rapid Multimodal Logistics IPO subscribed 350.50x in total, whereas Vdeal System IPO subscribed 71.38x.

 Rapid Multimodal Logistics IPOVdeal System IPO
QIB (times)
NII (times)512.80x61.46x
Big NII (times)
Small NII (times)
RII (times)172.55x76.70x
Employee (times)
Other (times)
Total (times)350.50x71.38x