Rapid Fleet Management Services Ltd IPO
Price Range
₹183 - ₹192
-
Min. Quantity
600 Shares
Closes on
25 March 2025
-
Min. investment
₹1,15,200
Rapid Fleet Management Services Ltd IPO Timeline
| Event | Date |
|---|---|
| Rapid Fleet Management Services Ltd IPO Opening Date | 21 March 2025 |
| Rapid Fleet Management Services Ltd IPO Closing Date | 25 March 2025 |
| Basis of Allotment | 26 March 2025 |
| Initiation of Refunds | 27 March 2025 |
| Credit of Shares to Demat | 27 March 2025 |
| Rapid Fleet Management Services Ltd IPO Listing Date | 28 March 2025 |
Rapid Fleet Management Services Ltd IPO Details
| Rapid Fleet Management Services Ltd IPO Date | 21 March 2025 to 25 March 2025 |
| Rapid Fleet Management Services Ltd IPO Face Value | ₹10 per share |
| Rapid Fleet Management Services Ltd IPO Price | ₹183 to ₹192 per share |
| Rapid Fleet Management Services Ltd IPO Lot Size | 600 |
| Issue Size | Shares of ₹10 (aggregating up to ₹43.87 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹43.87 Cr) |
| Offer for Sale | - |
| Issue Type | Book Building - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | Not more than 3,72,600 of the Net Offer |
| Retail Shares Offered | Not less than 6,52,050 of the Net Offer |
| NII (HNI) Shares Offered | Not less than 2,79,450 of the Net Offer |
| Company Promoters | Anand Poddar, Shruti Poddar, Rajkumar Poddar |
Rapid Fleet Management Services Ltd IPO Lot Size
The Rapid Fleet Management Services Ltd IPO lot size is 600 shares. A retail-individual investor can apply for up to 1 lots (600 shares or ₹1,15,200).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 600 | ₹1,15,200 |
| Maximum | 1 | 600 | ₹1,15,200 |
- Strengths
- Risks
- Opportunities
- Implementation of an integrated TMS - Digitify Book.
- In house Vehicle Fleet and its Safety for smooth operations and delivery.
- Supply Chain Efficiency.
- PAN India Transport.
- Pride in catering to an esteemed clientele.
- Dynamic Approach to Market Fluctuations.
- Not compromising Quality Services.
Company Financials
Rapid Fleet Management Services Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2025 | 119.31 | 175.7 | 10.28 |
| 03-2024 | 70.66 | 116.32 | 8.07 |
| 03-2023 | 71.81 | 106.03 | 4.71 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Purchase of Vehicles (Goods Carriages)
- Working Capital Requirements
- General Corporate Purposes
Rapid Fleet Management Services Ltd IPO Promoter Holding
| Pre Issue Share Holding | 39.31% |
| Post Issue Share Holding | 26.99% |
Rapid Fleet Management Services Ltd IPO Subscription Status (Bidding Detail)
The Rapid Fleet Management Services Ltd IPO is subscribed 1.4918 times on 25 March 2025 05:00:00 PM. The public issue subscribed 0.8144 times in the retail category, 1.0709 times in the QIB category, and 5.8873 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | 1.0709 | 5.8873 | 0.8144 | - | 1.4918 |
Rapid Fleet Management Services Ltd IPO Prospectus
Rapid Fleet Management Services Ltd IPO Listing Date
| BSE Script | |
| NSE Symbol | |
| Listing In | NSE - SME |
| ISIN | INE0QX901013 |
| IPO Price | ₹- |
| Face Value | ₹- |
Company Contact Information
New No.9 Old No. 5Coral Merchant Street,Chennai-600001
Phone: 044 - 2521 0132
Email: info@rapidtransportsystems.in
Website: www.rapidfleet.in
Rapid Fleet Management Services Ltd IPO Registrar
Rapid Fleet Management Services Ltd IPO Lead Manager(s)
- Gretex Corporate Services Ltd
How to Check the Allotment Status of Rapid Fleet Management Services Ltd IPO?
To check the IPO allotment status, follow these steps:
- Visit the official website of the IPO registrar.
- Navigate to the IPO Allotment Status page.
- Select “Rapid Fleet Management Services Ltd” from the list of available IPOs.
- Enter any one of these - PAN Number, Application Number, DP/Client ID.
- Click on Submit to view your allotment status.
About Rapid Fleet Management Services Ltd IPO
Rapid Fleet Management Services Limited was originally incorporated on December 26, 2017 as a Private Limited Company in the name of 'Rapid Fleet Management Services Private Limited' with the Registrar of Companies, Central Registration Centre. Subsequently, the status converted from Private Limited to Public Limited and the name of Company was changed to Rapid Fleet Management Services Limited' issued on August 30, 2023 by the Registrar of Companies, Chennai.