IPO

Rapid Fleet Management Services Limited IPO

NSE SME

Listed On: Mar 28, 2025 at ₹ 195.0

₹ 115200 /600 Shares

Check Allotment
Rapid Fleet Management Services IPO Details

21 Mar, 2025

Open Date

25 Mar, 2025

Close Date

26 Mar, 2025

Allotment Date

28 Mar, 2025

Listing Date

Issue Price

₹183-192 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

Bigshare Services Pvt Ltd

List Price

195.0

Listing Date

2025-03-28

Market Lot

600 Shares (₹115,200/-)

Lead Manager

Gretex Corporate Services Limited

Issue Size

22,84,800 shares(aggregating up to ₹43.87 Cr)

Retail Portion

35%

Subscription

1.97 times

IPO Docs

DRHP RHP

Rapid Fleet Management Services IPO Details


Rapid Fleet Management Services Limited IPO is an SME IPO, priced at ₹183-192 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform. The IPO comprises a total issue of 22,84,800 equity shares, aggregating up to ₹43.87 crores..

The IPO bidding window is open from Mar 21, 2025 to Mar 25, 2025. The allotment is expected to be finalized on Mar 26, 2025, and the tentative listing date is Mar 28, 2025.

The minimum lot size for retail investors is 600 shares, with a minimum investment of ₹1,15,200. For HNIs, the minimum application size is 2 lots , amounting to ₹ 2,30,400.

Gretex Corporate Services Limited is acting as the lead manager to the issue. The registrar of the IPO is Bigshare Services Pvt Ltd, and Gretex Share Broking Private Limited will act as the market maker for this issue.

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Rapid Fleet Management Services IPO Subscription Details

As onQIB / NIIRetailTotal
Shares Offered / Reserved3,72,600 / 2,79,6006,52,20013,04,400
Day 1 - 21-03-25 06:00 PM0.00 / 0.03 x0.13 x0.07 x
Day 2 - 24-03-25 06:00 PM1.00 / 0.06 x0.29 x0.44 x
Day 3 - 25-03-25 06:00 PM1.07 / 5.88 x0.81 x1.97 x
Total No. of Applications: 1,095 (Approx)

Rapid Fleet Management Services Valuations

EPS Pre IPO

₹15.67/-

EPS Post IPO

₹10.86/-

P/E Pre IPO

12.25

P/E Post IPO

17.68

ROE

50.09%

ROCE

43.11%

Debt/Equity

0.74

RoNW

40.06%

PAT Margin

6.98

Price to Book Value

4.76

Rapid Fleet Management Services Company Financials All values are in ₹ Cr.

30-Sep-2431-Mar-2431-Mar-2331-Mar-22
Assets101.370.6671.8175.37
Revenue87.39116.32106.03114.02
Profit After Tax7.018.074.713.4
Net Worth28.8920.1512.087.41
Reserves & Surplus23.7420.0511.987.31
Total Borrowing34.0714.9315.7927.43

About The Company

Founded in 2006, Rapid Fleet Management Services Limited specializes in offering wide-ranging logistics and road transport solutions to both B2B and B2C customers.

It has grown rapidly, now handling a fleet of more than 200 vehicles. They cater to a wide array of industries like FMCG, automobile, and electronics industries.

The firm has designed its own mobile application for streamlined business functions with 24/7 working. It aims for client compliance in e-bidding, portal RFQs, e-POD, invoicing, and customer TMS management.

As of August 14, 2024, the company maintains 68 people on the payroll.

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Rapid Fleet Management Services - Promoter(s)

Pre Issue Share Holding: 97.50%

Post Issue Share Holding: 67.54%

Company Promoter(s)
  1. Mr. Anand Poddar
  2. Ms. Shruti Poddar

Rapid Fleet Management Services IPO - Issue Objectives

  1. Purchase of Vehicles (Goods carriages)
  2. Working Capital Requirements
  3. General Corporate Purposes

Other Details

Company Contact Details

Rapid Fleet Management Services

New No. 9, Old No. 5 Coral Merchant Street, Chennai - 600001

Phone: 044-25210132

Email: info@rapidtransportsystems.in

Website: http://www.rapidfleet.in/

Registrar Contact Details

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200

Email: ipo@bigshareonline.com

Website: https://ipo.bigshareonline.com/ipo_status.html

Rapid Fleet Management Services IPO - FAQs

Ans. Rapid Fleet Management Services Limited IPO is a SME IPO. The issue is priced at ₹183-192 per equity share. The minimum order quantity is 600 Shares. The IPO opens on Mar 21, 2025, and closes on Mar 25, 2025. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Ans. The Rapid Fleet Management Services Limited IPO opens on Mar 21, 2025 and closes on Mar 25, 2025.

Ans. The size of Rapid Fleet Management Services Limited IPO is 22,84,800 shares(aggregating up to ₹43.87 Cr).

Ans. The IPO price band is set between ₹183-192 per equity share.

Ans. To apply for Rapid Fleet Management Services Limited IPO IPO, follow the steps given below:

  • - Open the IPO Ji App or Website
  • - Find Rapid Fleet Management Services Limited IPO in the List of IPOs
  • - Press "Apply" Button
  • - Select Your Demat Account
  • - Select Your Shares Quantity and Submit
  • - Track Your IPO Status

Ans. The share allotment date of Rapid Fleet Management Services Limited IPO is Mar 26, 2025.

Ans. The Rapid Fleet Management Services Limited IPO will be listed on Mar 28, 2025.

Ans. Follow the steps to check the allotment status for Rapid Fleet Management Services Limited IPO here.