Rapid Multimodal Logistics IPO vs Resourceful Automobile IPO

Comparision between Rapid Multimodal Logistics IPO and Resourceful Automobile IPO.

IPO Details

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

	Rapid Multimodal Logistics IPO	Resourceful Automobile IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	BSE SME	BSE SME
Lead Managers	Gretex Corporate Services Limited	Swastika Investmart Ltd
Registrar	Bigshare Services Pvt Ltd	Cameo Corporate Services Limited
Market Maker	Gretex Share Broking Private Limited	Nikunj Stock Brokers Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Rapid Multimodal Logistics IPO is up to ₹8.49 Cr whereas the issue size of the Resourceful Automobile IPO is up to ₹11.99 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 IPO	Resourceful 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)
Discount (Employee)
Market Lot Size	1600 shares	1200 shares
Fresh Issue Size	10,11,200 shares	10,24,800 shares
Fresh Issue Size (Amount)	up to ₹8.49 Cr	up to ₹11.99 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	10,11,200 shares	10,24,800 shares
Issue Size Total (Amount)	up to ₹8.49 Cr	up to ₹11.99 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 IPO	Resourceful Automobile IPO
Anchor Bid Date	Aug 21, 2024
Issue Open	Aug 22, 2024	Aug 22, 2024
Issue Close	Aug 27, 2024	Aug 26, 2024
Basis Of Allotment (Tentative)	Aug 28, 2024	Aug 27, 2024
Initiation of Refunds (Tentative)	Aug 29, 2024	Aug 28, 2024
Credit of Share (Tentative)	Aug 29, 2024	Aug 28, 2024
Listing date (Tentative)	Aug 30, 2024	Aug 29, 2024
Anchor Lockin End date 1	Sep 27, 2024
Anchor Lockin End date 2	Nov 26, 2024

Financials

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 IPO

Resourceful Automobile IPO

Financial

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 Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	839.76	699.14	673.51
Revenue	7,184.25	7,296.17	4,774.4
Profit After Tax	179.23	200.48	95.43
Net Worth	471.55	300.59	100.11
Reserves and Surplus	191.55	295.59	95.11
Total Borrowing	201.07	227.88	357.59
Amount in ₹ Lakhs

Resourceful Automobile Limited Financial Information (Restated)

Period Ended	29 Feb 2024	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	1,451.41	1,000.49	1,008.58	429.46
Revenue	1,723.64	1,938.26	1,250.1	1,127.26
Profit After Tax	152.24	41.5	28.73	0.16
Net Worth	315.78	163.56	74.78	46.05
Reserves and Surplus	152.67	66.27	24.78	-3.95
Total Borrowing	992.34	747.77	673.73	269.81
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100%

100.00%

Promoter Shareholding (Post-Issue)

73.47%

61.41%

P/E Ratio

13.12

45.99

Market Cap

₹32.01 Cr.

₹31.07 Cr.

ROE

46.42%%

0.48%

ROCE

48.98%%

31.22%

Debt/Equity

0.19

EPS

₹6.40

₹2.54

RoNW

38.01%%

0.48%

Shares Offered

In the Rapid Multimodal Logistics IPO retail 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 0 shares in Rapid Multimodal Logistics IPO and 0 shares in Resourceful Automobile IPO.

	Rapid Multimodal Logistics IPO	Resourceful Automobile IPO
Anchor Investor Reserveration
Market Maker Reserveration	51,200 shares	51,600 shares
QIB	0 shares	0 shares
NII	4,80,000 shares	4,86,600 shares
RII	4,80,000 shares	4,86,600 shares
Employee	0 shares	0 shares
Others
Total	9,60,000 shares	9,73,200 shares

Bids Received (Subscription)

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

	Rapid Multimodal Logistics IPO	Resourceful Automobile IPO
QIB (times)
NII (times)	512.80x	315.61x
Big NII (times)
Small NII (times)
RII (times)	172.55x	496.22x
Employee (times)
Other (times)
Total (times)	350.50x	418.82x

Compare with others

Rapid Multimodal Logistics IPO	Resourceful Automobile IPO
Boss Packaging Solutions IPO	Aeron Composite IPO
Vdeal System IPO	Paramatrix Technologies IPO
Aeron Composite IPO	Jay Bee Laminations IPO
Paramatrix Technologies IPO	Rapid Multimodal Logistics IPO
Jay Bee Laminations IPO	Indian Phosphate IPO
Indian Phosphate IPO	Ideal Technoplast Industries IPO
Resourceful Automobile IPO	QVC Exports IPO
Ideal Technoplast Industries IPO	Forcas Studio IPO
QVC Exports IPO	Solve Plastic Products IPO
Forcas Studio IPO	Broach Lifecare Hospital IPO

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