Rapid Fleet Management Services Limited IPO

NSE SME Live

Offer Date: Mar 21, 2025 - Mar 25, 2025

₹ 115200 /600 Shares

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Rapid Fleet Management Services IPO Live Subscription Details

Date

24-Mar-2025 14:28:00 hrs

QIBs

0.00

NII

0.05

Retail

0.24x

Total

0.13 times

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

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

0.13 times

IPO Docs

DRHP RHP

The IPO of Rapid Fleet Management Services is priced at ₹183-192 per equity share, which has a face value of ₹10 Per Equity Share each. The company shall list its equity shares on NSE SME. Bigshare Services Pvt Ltd is the registrar of the issue.

Rapid Fleet Management Services IPO bid opening date is from Mar 21, 2025 and the bid closing date was Mar 25, 2025.
Rapid Fleet Management Services IPO allotment result will be available on Mar 26, 2025. The tentative listing date for Rapid Fleet Management Services is Mar 28, 2025.

The total issue size is 22,84,800 shares(aggregating up to ₹43.87 Cr).

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-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

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.

Rapid Fleet Management Services - Promoter(s)

Pre Issue Share Holding: 97.50%

Post Issue Share Holding: 67.54%

Company Promoter(s)

Mr. Anand Poddar
Ms. Shruti Poddar

Rapid Fleet Management Services IPO - Issue Objectives

Purchase of Vehicles (Goods carriages)
Working Capital Requirements
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.

UPI Mandate for Bids placed between 5 PM and before 10 AM will be received after 10 AM.

Rapid Fleet Management Services Limited IPO

Offer Date	Mar 21 - Mar 25, 2025
Offer Price	₹ 183-192
Lot Size	600

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