Minimum Investment
| Minimum Investment (Retail) | Lots (min) | Shares (QTY) |
| ₹1,15,200 | 1 | 600 |
About Rapid Fleet Management Services Limited IPO
Rapid Fleet Management Services Limited, founded in 2006, provides tailored logistics and road transportation for B2B and B2C clients across India. With a fleet of over 200 vehicles, it serves industries like FMCG, automotive, and electronics, and has ventured into renewable energy logistics, transporting Wind Turbine Generators using specialized trailers. Offering Full/Partial Load, Exim, and inland transport services, the company ensures timely, cost-effective deliveries. As of August 14, 2024, it employs 68 staff and uses its mobile app and TMS (Digitify Book) for 24/7 operations and client compliance.
The company excels with a PAN India presence, an in-house fleet for safety and efficiency, and a dynamic response to market changes. Its strengths include cutting-edge technology, quality service, and a reputation for serving top clients, making it a reliable logistics partner.
Rapid Fleet Management Services Limited IPO Details
| IPO Date | March 21, 2025 to March 25, 2025 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹183 to ₹192 per share |
| Lot Size | 600 Shares |
| Total Issue Size | 22,84,800 shares (aggregating up to ₹43.87 Cr) |
| Fresh Issue | 22,84,800 shares (aggregating up to ₹43.87 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 51,50,000 shares |
| Share Holding Post Issue | 74,34,800 shares |
| Market Maker Portion | 4,21,800 shares |
| IPO Open Date | Fri, Mar 21, 2025 |
| IPO Close Date | Tue, Mar 25, 2025 |
| Tentative Allotment | Wed, Mar 26, 2025 |
| Initiation of Refunds | Thu, Mar 27, 2025 |
| Credit of Shares to Demat | Thu, Mar 27, 2025 |
| Tentative Listing Date | Fri, Mar 28, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on March 25, 2025 |
Rapid Fleet Management Services Limited IPO Prospectus
Rapid Fleet Management Services Limited Financial Snapshot (in Crore)
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 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 |
| Net Worth | 28.89 | 20.15 | 12.08 | 7.41 |
| Reserves and Surplus | 23.74 | 20.05 | 11.98 | 7.31 |
| Total Borrowing | 34.07 | 14.93 | 15.79 | 27.43 |
Rapid Fleet Management Services Limited Promoters Holding
Mr. Anand Poddar and Ms. Shruti Poddar
Rapid Fleet Management Services Limited IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: jibu@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
Rapid Fleet Management Services Limited IPO Lead Manager(s)
Gretex Corporate Services Limited
Rapid Fleet Management Services Limited 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/