Rapid Fleet Management Services

Rapid Fleet Management Services

NSE SME

₹115,200 / 600 Shares

Offer Date:Mar 21, 2025 - Mar 25, 2025
Check Allotment
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IPO Live Subscription Details (times)

Date:25-Mar-2025 18:42:01 hrs
QIBs:1.07
NII:5.88
Retail:0.81x
Total:1.97 times

IPO Details

Rapid Fleet Management Services IPO is priced between ₹183-192 per equity share, with a face value of ₹10 per share. The company's equity shares will be listed on the NSE SME, and Bigshare Services Pvt Ltd is managing the issue as the registrar.

The IPO bidding period opened on 21 Mar, 2025, and closed on 25 Mar, 2025. The allotment results will be announced on 26 Mar, 2025, with a tentative listing date set for 28 Mar, 2025.

The total issue comprises 22,84,800 shares, amounting to ₹43.87 Cr.

Rapid Fleet Management Services IPO Highlights

IPO DateListing DateFace ValuePrice BandLot SizeFresh IssueOffer for SaleListing At
Mar 21, 2025 - Mar 25, 202528 Mar, 2025₹10 Per Equity Share₹183-192 per equity share- Shares -NSE SME

Rapid Fleet Management Services IPO Timeline

✓
IPO Open Date
21 Mar, 2025
✓
IPO Close Date
25 Mar, 2025
✓
Basis of Allotment
26 Mar, 2025
✓
Listing Date
28 Mar, 2025

Issue Price

₹183-192 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

Bigshare Services Pvt Ltd

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 Financial Information

Period EndedAssetsRevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
30 Sep 24101.387.397.0128.8923.7434.07
31 Mar 2470.66116.328.0720.1520.0514.93
31 Mar 2371.81106.034.7112.0811.9815.79
31 Mar 2275.37114.023.47.417.3127.43

All values are in ₹ Cr.

Rapid Fleet Management Services IPO Valuations

EPS PRE IPO

₹15.67/-

EPS POST IPO

₹10.86/-

PE PRE IPO

12.25

PE 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

About 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 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 IPO - Issue Objectives

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