Rapid Multimodal Logistics Ltd - Stock Valuation and Financial Performance

Rapid Multimodal Logistics was incorporated as a Private Limited Company on July 04, 2020, as ‘Rapid Multimodal Logistics Private Limited’ and Certificate of Incorporation Dated July 04, 2020 Under the Provisions of The Companies Act, 2013 Issued by The Registrar of Companies, Central Registration Centre. The company has filed Declaration for commencement of business on September 04, 2020. Subsequently pursuant to a Special Resolution of its Shareholders passed in the Extra-Ordinary General Meeting held on October 14, 2023, the company was converted from a Private Limited Company to Public Limited Company and consequently, the name of the company was changed to ‘Rapid Multimodal Logistics Limited’ and a Fresh Certificate of Incorporation consequent to Conversion was issued on November 06, 2023 by the Registrar of Companies, Chennai. 

The company is engaged in the business of providing one-stop logistical solution to its clients. It majorly caters to the B2B segment of the industry. It provides an end-to-end logistics solution to manufacturers/traders to transport raw materials or finished goods. It is involved in the management and coordination of the movement of raw materials or finished goods throughout the supply chain, from the point of origin to the destination. It provides single as well as multimodal transportation services which involves the coordinated use of multiple modes of transportation (such as road, rail, sea) within a single, integrated supply chain to optimize efficiency and meet the unique requirements of shipments. Right from shipment planning, Route Optimization, Carrier Selection, Documentation, Containerization, Tracking and to Communication and Coordination, Last-Mile Delivery, Performance Evaluation. 

It encompass a diverse range of industries, including but not limited to Glass, Plywood, Paper, Edible oil, Gypsum boards, Iron & Steel, Scraps, Tiles, Sanitary, Liquor industry. Its commitment to excellence is exemplified in its ability to tailor its logistics and supply chain solutions to meet the unique demands of each industry it serves. It understand the intricacies and specific requirements of these varied sectors, allowing it to provide customized and efficient services that contribute to the seamless functioning of its clients' operations. This broad industry coverage underscores its adaptability and commitment to being a comprehensive and reliable partner, capable of navigating the distinctive challenges presented by diverse business landscapes.

Business area of the company

Rapid Multimodal Logistics is a Chennai based company engaged in the business of providing one-stop logistical solution to its clients. It caters to the B2B segment of the industry. It provides an end-to-end logistics solution to manufacturers/traders to transport raw materials or finished goods. 

Services of the company

• Road freight 
• Rail freight 
• Coastal shipment

History and milestones

• 2020: Incorporated the company as a Private Limited Company.
• 2023: Conversion of the Company from Private Limited Company to Public Limited Company in the name and style of ‘Rapid Multimodal Logistics Limited’.
• 2023: Rewarded the shareholders of the company by issuing Bonus Shares.