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Rapid Fleet Management Services IPO
0.70xsubscribed

Rapid Fleet Management Services IPO

Logistics
listed
₹1.10LMin. investment

Rapid Fleet Management Services Limited IPO Details

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

Rapid Fleet Management Services 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

As on 21-Mar-25, 5:30 PM

Rapid Fleet Management Services IPO Timeline

  1. Pre-apply
    19 Mar 2025
  2. Bid start
    21 Mar 2025
  3. Bid end
    25 Mar 2025
  4. Allotment
    26 Mar 2025
  5. Release of funds
    27 Mar 2025
  6. Demat transfer
    27 Mar 2025
  7. Listing
    28 Mar 2025

About Rapid Fleet Management Services Limited

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.

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

Objectives of Rapid Fleet Management Services Limited IPO

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.

Compare

CompanyRevenue*3Y growthPATMarket capP/E ratioD/E ratio
This IPO₹115.58Cr0.55%₹8.07Cr₹142.75Cr11.890.74
This sector (avg.)₹711.28Cr0.02%-₹13.78Cr₹1,677.75Cr34.350.59
₹8,887.02Cr---₹1,291.84Cr₹38,252.26Cr31.230.07
₹6,763.79Cr---₹787.42Cr₹25,640.55Cr35.750.99
₹426.73Cr----₹38.28Cr₹10,164.42Cr29.860.03

*Revenue for financial year 2023-24. Lower P/E and D/E ratios are generally preferred.

Rapid Fleet Management Services IPO Contact Details

Company NameRapid Fleet Management Services Limited

How to apply for Rapid Fleet Management Services IPO?

  1. Step 1

    Log in to your Upstox account to access IPO investments. Next, select the current IPO section.

  2. Step 2

    Specify IPO details. Enter the number of lots and the price you wish to apply for.

  3. Step 3

    Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.

  4. Step 4

    Mandate Notification. Your UPI app will receive a mandate notification to block funds.

  5. Step 5

    Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.

Rapid Fleet Management Services Limited IPO FAQs

Investors can apply for the Rapid Fleet Management Services IPO through their Demat account via the stock exchange or through their broker.
The issue size of the Rapid Fleet Management Services IPO is 43 Cr.
Pre-applying for an IPO allows you to submit your application before the official subscription period begins.
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.
Rapid Fleet Management Services IPO will be open between 2025-03-21 and 2025-03-25.
Rapid Fleet Management Services IPO allotment date is 2025-03-27. For Rapid Fleet Management Services IPO allotment status check, you can visit the website of the registrar of the IPO.
For Rapid Fleet Management Services IPO, the IPO registrar is BIGSHARE SERVICES PRIVATE LIMITED. You can check Rapid Fleet Management Services IPO allotment status on the website of the registrar.
The shares are proposed to be listed on the BSE and NSE.
The Rapid Fleet Management Services IPO shares will typically be credited to your demat account one working day before the IPO's listing date, provided your application is successfully allotted.
The Rapid Fleet Management Services IPO lot size is 600 and minimum order quantity is 600.
Rapid Fleet Management Services IPO has set the price band for its IPO at 192 per equity share with a face value of 10.