Rapid Multimodal Logistics IPO vs Vdeal System IPO

Comparision between Rapid Multimodal Logistics IPO and Vdeal System IPO.

IPO Details

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

	Rapid Multimodal Logistics IPO	Vdeal System IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	BSE SME	NSE SME
Lead Managers	Gretex Corporate Services Limited	Affinity Global Capital Market Private Limited
Registrar	Bigshare Services Pvt Ltd	Cameo Corporate Services Limited
Market Maker	Gretex Share Broking Private Limited	Black Fox Financial Private 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 Vdeal System IPO is up to ₹18.08 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 IPO	Vdeal 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)
Discount (Employee)
Market Lot Size	1600 shares	1200 shares
Fresh Issue Size	10,11,200 shares	16,14,000 shares
Fresh Issue Size (Amount)	up to ₹8.49 Cr	up to ₹18.08 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	10,11,200 shares	16,14,000 shares
Issue Size Total (Amount)	up to ₹8.49 Cr	up to ₹18.08 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 IPO	Vdeal System IPO
Anchor Bid Date	Aug 21, 2024
Issue Open	Aug 22, 2024	Aug 27, 2024
Issue Close	Aug 27, 2024	Aug 29, 2024
Basis Of Allotment (Tentative)	Aug 28, 2024	Aug 30, 2024
Initiation of Refunds (Tentative)	Aug 29, 2024	Sep 02, 2024
Credit of Share (Tentative)	Aug 29, 2024	Sep 02, 2024
Listing date (Tentative)	Aug 30, 2024	Sep 03, 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 Vdeal System IPO P/E ratio of 11.79.

Rapid Multimodal Logistics IPO

Vdeal System 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

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 Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	2,727.93	1,544.44	1,142.33
Revenue	2,625.08	2,075.41	1,623.96
Profit After Tax	311.38	110.09	23.1
Net Worth	628.75	341.83	231.73
Reserves and Surplus	301.1	312.04	201.95
Total Borrowing	937.67	621.02	639.51
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100%

99.97%

Promoter Shareholding (Post-Issue)

73.47%

66.96%

P/E Ratio

13.12

11.79

Market Cap

₹32.01 Cr.

₹54.77 Cr.

ROE

46.42%%

49.52%%

ROCE

48.98%%

32.83%%

Debt/Equity

0.19

1.49

EPS

₹6.40

₹9.50

RoNW

38.01%%

49.52%%

Shares Offered

In the Rapid Multimodal Logistics IPO retail 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 0 shares in Rapid Multimodal Logistics IPO and 0 shares in Vdeal System IPO.

	Rapid Multimodal Logistics IPO	Vdeal System IPO
Anchor Investor Reserveration
Market Maker Reserveration	51,200 shares	81,600 shares
QIB	0 shares	0 shares
NII	4,80,000 shares	7,66,200 shares
RII	4,80,000 shares	7,66,200 shares
Employee	0 shares	0 shares
Others
Total	9,60,000 shares	15,32,400 shares

Bids Received (Subscription)

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

	Rapid Multimodal Logistics IPO	Vdeal System IPO
QIB (times)
NII (times)	512.80x	61.46x
Big NII (times)
Small NII (times)
RII (times)	172.55x	76.70x
Employee (times)
Other (times)
Total (times)	350.50x	71.38x

Compare with others

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Ideal Technoplast Industries IPO	Jay Bee Laminations IPO
QVC Exports IPO	Rapid Multimodal Logistics IPO
Forcas Studio IPO	Indian Phosphate IPO

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