Rapid Fleet Management Services IPO
Rapid Fleet Management Services is an NSE SME IPO listed on the NSE SME platform, priced at ₹183–₹192 per share. The stock debuted at ₹195, delivering a listing gain of 1.6%. The IPO had a lot size of ₹600 shares and a minimum investment of ₹1,15,200.
Rapid Fleet Management Services Limited IPO
- IPO Dates
- Mar 21, 2025 – Mar 25, 2025
- Price band
- ₹183-192 per equity share
- Minimum Investment
- ₹1,15,200
- Issue size
- ₹43.87 Cr
- Lot size
- 600
- Allotment Date
- Mar 26, 2025
- Listing
- Mar 28, 2025
- Listing At
- NSE SME
IPO timeline
-
Mar 21, 2025
Open Date
Completed
-
Mar 25, 2025
Close Date
Completed
-
Mar 26, 2025
Allotment Date
Completed
-
Mar 28, 2025
Listing Date
Completed
Rapid Fleet Management Services IPO Essentials
Rapid Fleet Management Services IPO Details
Rapid Fleet Management Services IPO is priced at ₹183-192 per share with a total issue size of 43.87 crore. The IPO has a lot size of 600 shares and is listed on NSE SME.
- Issue price
- ₹183-192 per equity share
- Lot size
- 600 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 22,84,800 shares(aggregating up to ₹43.87 Cr)
- Total issue size
- 22,84,800 shares
(aggregating up to ₹43.87 crore) - Fresh issue
- 22,84,800 shares
(aggregating up to ₹43.87 crore) - Listing at
- NSE SME
- List price
- 195.0
- Listing date
- Registrar
- Bigshare Services Pvt Ltd
- Lead manager
-
Gretex Corporate Services Limited
Market Lot Size
Investors can bid for a minimum of 600 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 600 | ₹1,15,200 |
| Retail(max) | 1 | 600 | ₹1,15,200 |
| NII (min) | 2 | 1,200 | ₹2,30,400 |
Rapid Fleet Management Services IPO Reservation
Rapid Fleet Management Services IPO reservation details show category-wise allocation of shares. Out of the total 22,84,800 shares, approximately 16.31% are reserved for QIB, 12.24% for NII, 28.55% for retail investors, 18.46% for market maker, and 24.45% for anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 5,58,600 (24.45%) | |
| Market Maker Shares Offered | 4,21,800 (18.46%) | |
| QIB Shares Offered | 3,72,600 (16.31%) | |
| NII (HNI) Shares Offered | 2,79,600 (12.24%) | |
| Retail Shares Offered | 6,52,200 (28.55%) | |
| Total Shares Offered | 22,84,800 (100%) |
Rapid Fleet Management Services IPO Analytics
Rapid Fleet Management Services IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Rapid Fleet Management Services IPO Subscription Status
Rapid Fleet Management Services IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 3,72,600 / 2,79,600 | 6,52,200 | 13,04,400 |
|
Day 1
21-03-25 06:00 PM
|
(0.00 / 0.03) x | 0.13 x | 0.07 x |
|
Day 2
24-03-25 06:00 PM
|
(1.00 / 0.06) x | 0.29 x | 0.44 x |
|
Day 3
25-03-25 06:00 PM
|
(1.07 / 5.88) x | 0.81 x | 1.97 x |
Rapid Fleet Management Services Valuations
Earnings
- EPS Pre IPO
- ₹15.67/-
- EPS Post IPO
- ₹10.86/-
- P/E Pre IPO
- 12.25
- P/E Post IPO
- 17.68
Returns
- ROE
- 50.09%
- ROCE
- 43.11%
- RoNW
- 40.06%
- PAT Margin
- 6.98
Fundamentals
- Debt / Equity
- 0.74
- Price / Book
- 4.76
Rapid Fleet Management Services Financials( In Crs.)
| 30-Sep-24 | 31-Mar-24 | 31-Mar-23 | 31-Mar-22 | |
|---|---|---|---|---|
| Assets | 101.3 | 70.66 | 71.81 | 75.37 |
| Revenue | 87.39 | 116.32 | 106.03 | 114.02 |
| Profit After Tax | 7.01 | 8.07 | 4.71 | 3.4 |
| Net Worth | 28.89 | 20.15 | 12.08 | 7.41 |
| Reserves & Surplus | 23.74 | 20.05 | 11.98 | 7.31 |
| Total Borrowing | 34.07 | 14.93 | 15.79 | 27.43 |
Rapid Fleet Management Services Company & Offer Insights
About Rapid Fleet Management Services
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.
Rapid Fleet Management Services Promoter(s)
Mr. Anand Poddar, Ms. Shruti Poddar are the company's promoters of Rapid Fleet Management Services.
Rapid Fleet Management Services IPO Issue Objectives
- •
- Purchase of Vehicles (Goods carriages)
- •
- Working Capital Requirements
- •
- General Corporate Purposes
Rapid Fleet Management Services IPO - Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Rapid Fleet Management Services Limited | 16.14 | 16.14 | 2014.77 | 12.25 | 40.05 | 0.1 | Restated |
| Premier Roadlines Limited | 7.5 | 7.5 | 3973.69 | 16.98 | 31.77 | N/A | Standalone |
| AVG Logistics Limited | 27.34 | 27.34 | 20009.26 | 17.72 | 16.35 | 0.02 | Standalone |
Notes:
- Considering the nature and size of business of the Company, the peers are not strictly comparable. However, the same have been included for broad comparison.
- Current Market Price (CMP) is the closing price of peer group scrips as on August 09, 2024.
- P/E Ratio has been computed based on the Current Market Price of equity shares divided by the Basic & Diluted EPS.
- RoNW is computed as net profit after tax divided by the closing net worth. Net worth has been computed as sum of share capital and reserves and surplus.
- NAV is computed as the closing net worth divided by the closing outstanding number of equity shares adjusted for bonus shares.
Contact Information
Contact Details
Rapid Fleet Management Services
044-25210132
New No. 9, Old No. 5 Coral Merchant Street, Chennai - 600001
Registrar Contact Details
Bigshare Services Pvt Ltd
+91-22-6263 8200
Frequently Asked Questions
Click any question to reveal the answer
Rapid Fleet Management Services IPO is a book-built IPO worth ₹43.87 crore. The price band is ₹183–₹192 per share. The IPO opens on Mar 21, 2025 and closes on Mar 25, 2025. It will be listed on NSE SME Platform. Bigshare Services Pvt Ltd is the registrar.
The price band of Rapid Fleet Management Services IPO is ₹183 to ₹192 per share.
The lot size of Rapid Fleet Management Services IPO is 600 shares.
The minimum investment for Rapid Fleet Management Services IPO is approximately ₹1,15,200 based on the upper price band .
Rapid Fleet Management Services IPO opens on Mar 21, 2025 and closes on Mar 25, 2025.
The allotment date of Rapid Fleet Management Services IPO is Mar 26, 2025.
Rapid Fleet Management Services IPO is expected to be listed on Mar 28, 2025, on NSE SME Platform.
Rapid Fleet Management Services IPO valuation snapshot: P/E 17.68, EPS ₹10.86/-, P/B 4.76, RoNW 40.06%, and market cap N/A.
To apply for Rapid Fleet Management Services IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Rapid Fleet Management Services IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Rapid Fleet Management Services IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Rapid Fleet Management Services IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Rapid Fleet Management Services IPO allotment status on IPO Ji for quick and easy access.