Rapid Fleet IPO Subscription Status: The Rapid Fleet IPO opens for subscription on 21 March 2025 and closes on 25 March 2025. The allotment date is set for 26 March 2025, with shares priced at ₹183 to ₹192 per share. The minimum market lot for the IPO is 600 shares, requiring an application amount of ₹1,15,200. Rapid Fleet IPO is an SME IPO and will be listed on the NSE platforms.
Rapid Fleet Company reported a revenue of ₹116.32 crores in 2024, up from ₹106.03 crores in 2023, with profit rising to ₹8.07 crores from ₹4.71 crores. The company’s assets stood at ₹100.66 crores in March 2024, reflecting growth from ₹71.81 crores in March 2023.
Rapid Fleet IPO Subscription Details
As of 25 March 2025 6:05 PM, Rapid Fleet IPO subscribed 1.65x. The public issue subscribed 0.81x in the RII category, 1.07x in QIB, and 4.38x in the NII category. (Day 3)
| Category | Day 1 | Day 2 | Day 3 |
|---|---|---|---|
| RII | 0.13 | 0.29 | 0.81 |
| NII | 0.03 | 0.06 | 4.38 |
| QIB | 0 | 1 | 1.07 |
| Total | 0.07 | 0.44 | 1.65 |
View subscription details for all IPOs on the IPO Subscription Dashboard.
IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Retail Individual Investors (HNI), NRIs, Companies, Trusts, etc.
- Retail Individual Investors (RII): The retail individual investor or NRIs
- Employee (EMP): A category of eligible employees
- Others: A category of eligible shareholders or other investors
About Rapid Fleet Ltd. Company
Rapid Fleet Management Services, based in Chennai, offers customized logistics solutions for B2B and B2C clients, specializing in road transportation with real-time tracking. The company operates a fleet of 174 vehicles, serving industries like Tyres, Electronics, FMCG, and Chemicals.
Key Points:
- Headquarters – Chennai, India.
- Core Business – Tailored logistics for B2B & B2C clients.
- Key Services – Order booking, route planning, vehicle selection.
- Technology – GPS, FAST-TAG, SIM tracking for real-time monitoring.
- Fleet Size – 174 vehicles.
- Industries Served – Tyres, Electronics, FMCG, Chemicals.
- ISO Certification – ISO 9001:2015 for quality assurance.
- Focus on Efficiency – Secure & timely deliveries.
- Customer Priority – Reliability & satisfaction.
- Expert Team – Strong logistics expertise.
Rapid Fleet IPO Subscription Status FAQs:
When Rapid Fleet IPO Subscription will start Date?
The IPO subscription starts on 21 March 2025 for QIB, NII, and Retail Investors.
How to Apply the Rapid Fleet IPO through Dhan App?
Log in to Console in Dhan in Application. Go to More on Markets and Click on IPOs. You will see the IPO Name “Rapid Fleet Ltd.“. Click on Apply Now Next Click on Bid for IPO Then Select Quantity and Price on Place Bid For IPO. Enter your UPI ID and Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Rapid Fleet IPO through Zerodha?
Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Rapid Fleet Ltd. “. Click on Bid Button. Enter your UPI ID, Quantity and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
When Rapid Fleet IPO will be listed?
The Rapid Fleet IPO listing date is 28 March 2025. The equity share of Rapid Fleet IPO will list on NSE platforms.
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.
