Rapid Fleet Management Services Limited is specializes in providing comprehensive logistics and road transportation services tailored to both B2B and B2C clients.
The company has expanded its operations significantly, currently managing a fleet of over 200 vehicles. They serve a diverse range of industries, including FMCG, automobile, and electronics sectors.
The company developed its own mobile app to streamline business processes, ensuring 24/7 operations. It focuses on client compliance through e-bidding, portal RFQs, e-POD, invoicing, and customer TMS management.
The company provide services:
- Full or Partial Load: The company offers Full and Partial Load services, ensuring efficient, cost-effective transport of goods and raw materials. It supports seamless logistics, timely deliveries, and flexible solutions for diverse cargo needs.
- Exim Services: The company provides comprehensive Exim services, handling efficient customs clearance, optimized logistics, and cross-border transactions. It specializes in inland transport, connecting ports, production facilities, and ensuring timely delivery of goods.
- Renewable Transportation Services: The company has expanded into the renewable energy logistics sector, specializing in transporting Wind Turbine Generators (WTG). It invested in extendable telescopic trailers to efficiently move large wind turbine blades.
As of August 14, 2024, the company has 68 employees on payroll.
Rapid Fleet IPO – Details
| IPO Opening Date | 21 March 2025 |
| IPO Closing Date | 25 March 2025 |
| Issue Type | Book Built Issue IPO |
| Issue Size | Total Issue Size: 22,84,800 Shares Worth ₹43.87 Crore Fresh Issue: 22,84,800 Shares Worth ₹43.87 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹183 – ₹192 |
| Market Lot | 600 Shares |
| Min Order | 600 Shares (1 Lot) |
| Listing At | NSE SME |
| Register | Bigshare Services Pvt Ltd |
| QIB Shares Offered | 50% |
| Retail Shares Offered | 35% |
| Other Shares Offered | 15% |
Rapid Fleet IPO – Date Schedule
| IPO Open Date | 21 March 2025 |
| IPO Close Date | 25 March 2025 |
| Basis of Allotment | 26 March 2025 |
| Initiation of Refund | 27 March 2025 |
| Credit of Shares to Demat Account | 27 March 2025 |
| IPO Listing Date | 28 March 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on March 25, 2025 |
Rapid Fleet IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 600 | ₹1,15,200 |
| Retail (Max) | 1 | 600 | ₹1,15,200 |
| HNI (Min) | 2 | 1200 | ₹2,30,400 |
Competitive Strengths
- Implementation of an integrated TMS – Digitify Book.
- In house Vehicle Fleet and its Safety for smooth operations and delivery.
- PAN India Transport.
- Pride in catering to an esteemed clientele.
- Dynamic Approach to Market Fluctuations.
- Not compromising Quality Services.
Company Promoters
- Mr. Anand Poddar
- Ms. Shruti Poddar
Company Financials
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2022 | 114.02 | 109.42 | 3.39 | 27.43 |
| 31 March 2023 | 106.02 | 99.59 | 4.71 | 15.79 |
| 31 March 2024 | 116.32 | 105.18 | 8.07 | 14.93 |
| 30 September 2024 | 87.39 | 78.13 | 7.01 | 34.07 |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 50.09% |
| ROCE | 43.11% |
| Debt/Equity | 0.74 |
| RoNW | 40.06% |
| PAT Margin | 6.98 |
| Price to Book Value | 4.76 |
| Pre IPO | Post IPO | |
| EPS (Rs) | 15.67 | 10.86 |
| P/E (x) | 12.25 | 17.68 |
Object Of The Issue
- Purchase of Vehicles (Goods carriages).
- Working Capital Requirements.
- General Corporate Purposes.
Rapid Fleet IPO Promoter Holding
| Pre Issue Share Holding | 97.50% |
| Post Issue Share Holding | 67.54% |
Rapid Fleet IPO Prospectus
Company Contact Information
| Rapid Fleet Management Services Limited New No. 9, Old No. 5 Coral Merchant Street, Chennai – 600001 Phone: 044-25210132 Email: info@rapidtransportsystems.in Website: http://www.rapidfleet.in/ |
Rapid Fleet IPO Registrar
| Bigshare Services Pvt Ltd Phone: +91-22-6263 8200 Email: ipo@bigshareonline.com Website: https://ipo.bigshareonline.com/IPO_Status.html |
Rapid Fleet IPO Lead Manager(s)
| 1. Gretex Corporate Services Limited |
Rapid Fleet IPO FAQs
| What is Rapid Fleet IPO? Rapid Fleet IPO is an SME IPO. The issue is priced at ₹192 per equity share. The IPO is to be listed on NSE SME. |
| When Rapid Fleet IPO will open? The IPO is to open on 21 March 2025 for QIB, NII and Retail Investors. |
| What is Rapid Fleet IPO Investors Portion? The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%. |
| How to Apply the Rapid Fleet IPO? You can apply Rapid Fleet IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Rapid Fleet IPO through Angle One? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Rapid Fleet IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Angle One. |
| How to Apply the Rapid Fleet IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Rapid Fleet IPO“. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the Rapid Fleet IPO through Upstox? Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Rapid Fleet IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox. |
| How to Apply the Rapid Fleet IPO through IIFL? Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name “Rapid Fleet IPO“. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with IIFL. |
| What is Rapid Fleet IPO Size? Rapid Fleet IPO size is ₹43.87 Crore. |
| What is the Rapid Fleet IPO Price Band? Rapid Fleet IPO Price Band is ₹183 – ₹192. |
| What is Rapid Fleet IPO Minimum and Maximum Lot Size for Retail? The minimum bid is 600 Shares with ₹1,15,200 amount while the maximum bid is 600 Shares with ₹1,15,200. |
| What is the Rapid Fleet IPO Allotment Date? Rapid Fleet IPO allotment date is 26 March 2025. |
| What is the Rapid Fleet IPO Listing Date? Rapid Fleet IPO listing date is 28 March 2025. The IPO is to be listed on NSE SME. |
