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Rapid Multimodal Logistics IPO vs Resourceful Automobile IPO

Comparison between Rapid Multimodal Logistics IPO and Resourceful Automobile IPO.

IPO Details

Rapid Multimodal Logistics IPO is a SME Fixed Price IPO proposed to list at BSE SME while Resourceful Automobile IPO is a SME Fixed Price proposed to list at BSE SME.

 Rapid Multimodal Logistics IPOResourceful Automobile IPO
LogoRapid Multimodal Logistics IPO LogoResourceful Automobile IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMEBSE SME
Lead ManagersGretex Corporate Services Ltd.Swastika Investmart Ltd.
RegistrarBigshare Services Pvt.Ltd.Cameo Corporate Services Ltd.
Market MakerGretex Share Broking Pvt.Ltd.Nikunj Stock Brokers 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 Resourceful Automobile IPO is up to ₹11.39 Cr. The final issue price of Rapid Multimodal Logistics IPO is ₹84.00 per share and of Resourceful Automobile IPO is ₹117.00 per share.

 Rapid Multimodal Logistics IPOResourceful Automobile IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹84.00 per share₹117.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1600 shares1200 shares
Fresh Issue Size9,60,000 shares9,73,200 shares
Fresh Issue Size (Amount)up to ₹8.06 Crup to ₹11.39 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total9,60,000 shares9,73,200 shares
Issue Size Total (Amount)up to ₹8.06 Crup to ₹11.39 Cr

IPO Timetable

Rapid Multimodal Logistics IPO opens on Aug 22, 2024, while Resourceful Automobile IPO opens on Aug 22, 2024. The closing date of Rapid Multimodal Logistics IPO and Resourceful Automobile IPO is Aug 27, 2024, and Aug 26, 2024, respectively.

 Rapid Multimodal Logistics IPOResourceful Automobile IPO
Anchor Bid Date
Issue OpenAug 22, 2024Aug 22, 2024
Issue CloseAug 27, 2024Aug 26, 2024
Basis Of Allotment (Tentative)Aug 28, 2024Aug 27, 2024
Initiation of Refunds (Tentative)Aug 29, 2024Aug 28, 2024
Credit of Share (Tentative)Aug 29, 2024Aug 28, 2024
Listing date (Tentative)Aug 30, 2024Aug 29, 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 Resourceful Automobile IPO P/E ratio of 45.99.

 Rapid Multimodal Logistics IPOResourceful Automobile 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

Resourceful Automobile Limited Financial Information (Restated)

Period Ended29 Feb 202431 Mar 202331 Mar 202231 Mar 2021
Assets1,451.411,000.491,008.58429.46
Total Income1,723.641,938.261,250.11,127.26
Profit After Tax152.2441.528.730.16
Net Worth315.78163.5674.7846.05
Reserves and Surplus152.6766.2724.78-3.95
Total Borrowing992.34747.77673.73269.81
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)100100.00
Promoter Shareholding (Post-Issue)73.4761.41
P/E Ratio13.1245.99
Market Cap₹32.01 Cr.₹31.07 Cr.
ROE46.42%0.48
ROCE48.98%31.22
Debt/Equity0.19
EPS₹6.40₹2.54
RoNW38.01%0.48

Shares Offered

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

 Rapid Multimodal Logistics IPOResourceful Automobile IPO
Anchor Investor Reserveration
Market Maker Reserveration51,200 shares51,600 shares
QIB
NII4,80,000 shares4,75,200 shares
RII4,80,000 shares4,98,000 shares
Employee
Others
Total9,60,000 shares9,73,200 shares

Bids Received (Subscription)

Rapid Multimodal Logistics IPO subscribed 350.50x in total, whereas Resourceful Automobile IPO subscribed 418.82x.

 Rapid Multimodal Logistics IPOResourceful Automobile IPO
QIB (times)
NII (times)512.80x315.61x
Big NII (times)
Small NII (times)
RII (times)172.55x496.22x
Employee (times)
Other (times)
Total (times)350.50x418.82x