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Rapid Fleet Management Services Ltd

IPO Details · GMP · Subscription · Financials

✅ Listed BSE SME SME Live Chart
Issue Price
₹192
Per Share
GMP
NIL
Grey Market
Est. Listing
₹192
Expected Price
Min. Application
₹230,400
2 lots × 600 shares
IPO Issue Details
Issue Price / Price Band₹192 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size600 Shares per Lot
Total Issue Size22,84,800 shares (aggregating up to ₹43.87 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenFri, 21 Mar 2025
Subscription CloseTue, 25 Mar 2025
Anchor AllotmentThu, 20 Mar 2025
Basis of AllotmentWed, 26 Mar 2025
Initiation of RefundsThu, 27 Mar 2025
Credit of Shares to DematThu, 27 Mar 2025
Listing DateFri, 28 Mar 2025
UPI Mandate Deadline2025-03-25
Application & Investment Details
Retail — Min (1 Lots)₹1,15,200 — 600 shares
Retail — Max (13 Lots)₹1,497,600 (13 Lots)
HNI — Min (2 Lots)₹2,30,400 — 1200 shares
EPS (Pre-IPO)₹15.67
EPS (Post-IPO)₹10.86
P/E Ratio (Pre-IPO)12.25x
P/E Ratio (Post-IPO)17.68x
Net Offer to Public18,63,000 shares (aggregating up to ₹35.77 Cr)
Reserved for Market Maker4,21,800 shares (aggregating up to ₹8.10 Cr)
Pre-IPO Promoter Holding51,50,000 shares
Post-IPO Promoter Holding74,34,800 shares
About Rapid Fleet Management Services Ltd

Incorporated in 2006, 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.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.Competitive Strengths:Implementation of an integrated TMS - Digitify BookIn house Vehicle Fleet and its Safety for smooth operations and deliveryPAN India TransportPride in catering to an esteemed clienteleDynamic Approach to Market FluctuationsNot compromising Quality Services

Objects of the Issue

Rapid Fleet Management Services Ltd proposes to utilise the net proceeds from the Issue for the following objects:

1
Purchase of Vehicles (Goods carriages)
13.00
2
Working Capital Requirements
19.12
3
General Corporate Purposes
Shareholding & Lock-in
Pre-IPO Promoter Holding 51,50,000 shares
Post-IPO Promoter Holding 74,34,800 shares
Check AllotmentCheck Status →
Rapid Fleet Management Services Ltd — Live Price LIVE
₹192.00
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Issue ₹192.00 Live Price
Quick Facts
GMP Signal ⚪ No GMP
StatusListed
Issue Price₹192
GMPNIL
Est. Listing₹192
Lot Size600 shares
Min Amount₹230,400
Listing Date28 Mar 2025
Disclaimer: GMP is unofficial and unregulated. It does not guarantee actual listing price.
Listing Performance
Issue Price₹192
Listing Date28 Mar 2025
Listing Price
Listing Gain/Loss—%
52-Week High
52-Week Low
Issue Structure & Reservation
Category Shares Offered % Issue Amount (₹ Cr)* Subscription
Market Maker 421,800 ₹8.10 Cr
TOTAL 2,284,800 100.00% ₹43.87 Cr
* Based on ₹192.00 (upper price band)
Lot Size & Investment Details
Lot Size
600
Shares
Issue Price
₹192.00
Per Share
Min Investment
₹115,200
1 Lot
Category Lots Shares Amount (₹)
Retail (Min) 1 600 ₹115,200
Retail (Max) 13 7,800 ₹1,497,600
sNII (Min) 14 8,400 ₹1,612,800
bNII (Min) 68 40,800 ₹7,833,600
Company Financials — Restated Consolidated (Amount in ₹ Crore)
Particulars30 Sep 202431 Mar 202431 Mar 2023
Revenue from Operations 87.39 116.32 106.03
EBITDA N/A N/A N/A
Profit After Tax (PAT) 7.01 8.07 4.71
Net Worth 28.89 20.15 12.08
Total Assets 101.30 70.66 71.81
Reserves & Surplus 23.74 20.05 11.98
Total Borrowings 34.07 14.93 15.79
Key Ratios & Valuation
Issue Price ₹192
Face Value ₹10 Per Share
P/BV 4.76
RoE 50.09%
RoCE 43.11%
RoNW 40.06%
PAT Margin (%) 6.98%
EBITDA Margin (%) N/A
Debt / Equity 0.74
Company Details
Company
Rapid Fleet Management Services Ltd
Exchange
BSE SME
IPO Type
SME IPO
Issue Type
Bookbuilding IPO
Face Value
₹10 Per Share
Script Code
N/A
Address
New No. 9, Old No. 5 Coral Merchant Street Chennai, Tamil Nadu, 600001
Book Running Lead Managers
Gretex Corporate Services Ltd
Book Running Lead Manager (BRLM)