Rapid Fleet Management Services IPO

Rapid Fleet Management Services IPO

Rapid Fleet Management Services IPO
Logistics
listed

0.70x

subscribed

₹1.10LMin. investment
  1. Pre-apply
    19 Mar
  2. Bid start
    21 Mar
  3. Bid end
    25 Mar
  4. Allotment
    26 Mar
  5. Release of funds
    27 Mar
  6. Demat transfer
    27 Mar
  7. Listing
    28 Mar

About Rapid Fleet Management Services Limited

SectorLogistics
Price range₹183 – ₹192
IPO type
SME
Lot size600 shares
Issue size₹43Cr
Red Herring Prospectus
Read
Market Cap
₹142.75CrLower than sector avg
RevenueApr 2023 - Mar 2024
₹115.58CrLower than sector avg
Growth rate3Y CAGR
0.55%Higher than sector avg

Checklist

Quality analysis
Revenue growth
Company valuation
Earnings expansion
Risk analysis
Debt to Equity ratio
Promoter holdings
Shares pledged
The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

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Revenue
Higher revenue means strong sales and good market demand
This IPO
₹115.58Cr
This sector
₹731.22Cr
Compare with companies
3Y growth
Strong 3-year growth shows consistent progress and potential
This IPO
0.55%
This sector
0.01%
Compare with companies
PAT
Higher PAT means strong profitability and efficient cost management
This IPO
₹8.07Cr
This sector
-₹22.02Cr
Compare with companies
Market cap
Higher market cap means strong confidence but may suggest overvaluation
This IPO
₹142.75Cr
This sector
₹1,814.52Cr
Compare with companies
P/E ratio
Lower ratio usually means stock is undervalued
This IPO
11.89
This sector
28.15
Compare with companies
D/E ratio
Lower ratio usually means fewer liabilities
This IPO
0.74
This sector
0.85
Compare with companies

Objectives

Purchase of vehicles
The company will allocate ₹13.02 Cr for purchase of vehicle (goods carriages).
Working capital requirements
The company will allocate ₹36.78 Cr for its own working capital needs.
General corporate purposes
Part of the IPO proceeds will be used for general corporate purposes and strategic initiatives.
Rapid Fleet Management Services, based in Chennai, offers tailored logistics solutions for B2B and B2C clients. With a fleet of 226 vehicles, including trucks and trailers, the company ensures secure, efficient transportation using GPS and FAST-TAG SIM TRACKING. Serving diverse industries like FMCG, electronics, and renewable energy, Rapid Fleet utilizes the Digitify Transport Management System to streamline operations and enhance efficiency. Committed to innovation, the company aims to provide transparent, reliable services and customized solutions to meet client needs.

IPO Subscription Status

Date
QIB
NII
Retail
Total
21-Mar-25
0.0 times (X)
0.0 times (X)
0.13 times (X)
0.06 times (X)
24-Mar-25
1.0X
0.0X
0.29X
0.43X
25-Mar-25
1.07X
0.0X
0.8X
0.7X

Frequently asked questions

How to invest in the IPO?

Investors can apply for the IPO through their Demat account via the stock exchange or through their broker.

What is the issue size of Rapid Fleet Management Services IPO ?

The issue size of the Rapid Fleet Management Services IPO is 43 Cr.

What is 'pre-apply' for Rapid Fleet Management Services IPO ?

Pre-applying for an IPO allows you to submit your application before the official subscription period begins.

Which exchanges will Rapid Fleet Management Services IPO shares list on?

The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.