Rapid Fleet IPO will open on 21 March 2025 and close on 28 March 2025, with the allotment finalized on 26 March 2025. The IPO is set to be listed on the NSE platforms on 28 March 2025. Rapid Fleet IPO is a book built issue of Rs 43.87 crores. The issue is entirely a fresh issue of 22.85 lakh shares. The IPO price is set at ₹183 to ₹192 Per Share, with a minimum lot size of 600 shares, requiring a minimum investment of ₹1,15,200 for retail investors.
Rapid Fleet company reported revenue of ₹116.32 crores in 2024 against ₹106.03 crore in 2023. The company reported profit of ₹8.07 crores in 2024 against Profit of ₹4.71 crores in 2023.
Rapid Fleet IPO Details
| IPO Date | 21 March 2025 |
| Listing Date | 28 March 2025 |
| IPO Price | ₹183 to ₹192 Per Share |
| IPO Lot Size | 600 |
| Face Value | ₹10 Per Equity Share |
| Issue Type | Book Built Issue |
| IPO Listing At | NSE SME |
| Issue Size | 22,84,800 shares |
| Issue Size (Amount) | Approx ₹43.87 Crores |
| Fresh Issue | 22,84,800 shares |
| Fresh Issue (Amount) | Approx ₹43.87 Crores |
| IPO Docs | 🔗DRHP 🔗RHP |
Rapid Fleet IPO Market Lot
The Rapid Fleet IPO has a minimum market lot of 600 shares, requiring an application amount of ₹1,15,200.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 600 | ₹1,15,200 |
| Retail Maximum | 1 | 600 | ₹1,15,200 |
| S-HNI Minimum | 2 | 1,200 | ₹2,30,400 |
Rapid Fleet IPO Dates
The Rapid Fleet IPO will open on 21 March 2025 and close on 25 March 2025, with allotment finalization on 26 March 2025 and listing on 28 March 2025.
| IPO Open Date | 21 March 2025 |
| IPO Close Date | 25 March 2025 |
| Allotment finalization | 26 March 2025 |
| Refund initiation | 27 March 2025 |
| Share credit | 27 March 2025 |
| IPO Listing Date | 28 March 2025 |
Rapid Fleet IPO Allotment Status
Rapid Fleet IPO allotment status is expected to be finalized on 26 March 2025. The listing will be on the NSE platforms on 28 March 2025. They can check the allotment online on the Bigshare Services Pvt Ltd website.
Check the live allotment status of all upcoming and closed IPOs on the IPO allotment status Dashboard.
Rapid Fleet IPO Listing Date
Rapid Fleet IPO listing date is 28 March 2025. Listing will be on the NSE platforms. Retail investors can sell the shares after 10 AM on the listing day.
Rapid Fleet IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| Retail Quota | Not more than 35% |
| QIB Quota | Not more than 50% |
| NII Quota | Not more than 15% |
About Rapid Fleet Management Services Limited Company
Rapid Fleet Management Services, based in Chennai, specializes in providing tailored logistics solutions for both B2B and B2C clients. The company focuses on road transportation, ensuring efficient deliveries through order booking, route planning, and vehicle selection based on cargo requirements. With GPS, FAST-TAG, and SIM tracking, they monitor shipments in real time for secure and timely transit.
Owning a fleet of 174 vehicles, the company serves diverse industries like Tyres, Electronics, FMCG, and Chemicals. As an ISO 9001:2015 certified provider, Rapid Fleet Management Services prioritizes reliability and customer satisfaction, backed by a team of logistics experts.
Rapid Fleet IPO Financial Report
Rapid Fleet Company reported a revenue of ₹116.32 crores in 2024, an increase from ₹106.03 crores in 2023, while its profit rose to ₹8.07 crores in 2024 compared to ₹4.71 crores in the previous year.
| Period Ended | Sep 2024 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|
| 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 |
Key Performance Indicators for Rapid Fleet
As of March 31, 2024, Check Rapid Fleet IPO valuations detail like ROE, RoCE, RoNW, PAT Margin and NAV details.
| KPI | Values |
|---|---|
| ROE (%) | 50.09% |
| ROCE (%) | 43.11% |
| RoNW (%) | 40.06% |
| Debt/Equity | 0.74 |
| PAT Margin | 6.98% |
| NAV | ₹2,014.98 |
Rapid Fleet Objectives
The company plans to allocate the net proceeds from the issuance to the following purposes:
- Purchase of Vehicles (Goods carriages)
- Working Capital Requirements
- General corporate purposes.
Promoters of Rapid Fleet IPO
The promoters of the Rapid Fleet Management Services Limited company are Mr. Anand Poddar and Ms. Shruti Poddar.
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 Contact Details
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 Lead Manager
Gretex Corporate Services Limited
Rapid Fleet IPO FAQs
What is the allotment date of the Rapid Fleet IPO?
Rapid Fleet IPO allotment date is 26 March 2025.
What is Rapid Fleet IPO Lot Size?
The minimum bid is 600 Shares with ₹1,15,200 amount.
What is the Rapid Fleet IPO Listing Date?
Rapid Fleet IPO listing date is 28 March 2025. The IPO is to list on NSE.
Disclaimer: The facts contained herein are for general information only and are not a recommendation to invest in any IPO or any investment opportunity. We take all reasonable care to ensure facts are accurate, but the information is based on publicly available information, research, and credible sources. Investors are requested to verify facts themselves and seek advice from a financial advisor before making any investment decision.
