Rapid Fleet Management Services Limited IPO (Rapid Fleet IPO)

Rapid Fleet Management Services Limited IPO
Upcoming Rapid Fleet Management Services IPO | New Rapid Fleet Management Services IPO

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

Rapid Fleet IPO – Details

IPO Opening Date21 March 2025
IPO Closing Date25 March 2025
Issue TypeBook Built Issue IPO
Issue SizeTotal 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 Lot600 Shares
Min Order600 Shares (1 Lot)
Listing AtNSE SME
RegisterBigshare Services Pvt Ltd
QIB Shares Offered50%
Retail Shares Offered35%
Other Shares Offered15%

Rapid Fleet IPO – Date Schedule

IPO Open Date21 March 2025
IPO Close Date25 March 2025
Basis of Allotment26 March 2025
Initiation of Refund27 March 2025
Credit of Shares to Demat Account27 March 2025
IPO Listing Date28 March 2025
Cut-off time for UPI mandate confirmation5 PM on March 25, 2025

Rapid Fleet IPO – Lots Size & Price

ApplicationLotsSharesAmount
Retail (Min)1600₹1,15,200
Retail (Max)1600₹1,15,200
HNI (Min)21200₹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

ParticularsTotal RevenueTotal ExpenseProfit After TaxTotal Borrowing
31 March 2022114.02109.423.3927.43
31 March 2023106.0299.594.7115.79
31 March 2024116.32105.188.0714.93
30 September 202487.3978.137.0134.07
Amount in ₹ Crore

Key Performance Indicator

KPIValues
ROE50.09%
ROCE43.11%
Debt/Equity0.74
RoNW40.06%
PAT Margin6.98
Price to Book Value4.76
Pre IPOPost IPO
EPS (Rs)15.6710.86
P/E (x)12.2517.68

Object Of The Issue

  • Purchase of Vehicles (Goods carriages).
  • Working Capital Requirements.
  • General Corporate Purposes.
Rapid Fleet IPO
Object of the Issues

Rapid Fleet IPO Promoter Holding

Pre Issue Share Holding97.50%
Post Issue Share Holding67.54%

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
Websitehttp://www.rapidfleet.in/

Rapid Fleet IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Websitehttps://ipo.bigshareonline.com/IPO_Status.html

Rapid Fleet IPO Lead Manager(s)

1. Gretex Corporate Services Limited

Rapid Fleet IPO FAQs

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.
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