Rapid Fleet Management Services Limited
Book Built Issue IPO · NSE
- Price band
- ₹183 - ₹192
- Lot size
- 600 shares
- Issue amount
- ₹43.87 cr
- Total subscription
- 1.62×
- Opens
- 21 Mar 2025
- Closes
- 25 Mar 2025
- Allotment
- 26 Mar 2025
- Listing
- 28 Mar 2025
Offer at a glance
Issue overview
- Issue size
- 22,84,800 shares
- Face value
- ₹10 Per Equity Share
- Minimum investment
- ₹1,09,800
- Fresh issue
- ₹43.87 cr
- Offer for sale
- ₹0 cr
- Registrar
- Bigshare Services Private Limited
- Listing exchange
- NSE
- Maximum investment
- ₹1,15,200
- Issue type
- Book Built Issue IPO
- Shares before issue
- 51,50,000
- Shares after issue
- 74,34,800
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail | 1 | 600 | ₹1,15,200 |
| sHNI | 2 | 1,200 | ₹2,30,400 |
| bHNI | 2 | 1,200 | ₹2,30,400 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| QIB | — | 3 |
| NIB | — | 207 |
| RETAIL | — | 831 |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 7.15 | 7.66 |
| RETAIL | 12.52 | 9.57 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Sep-24 | Mar-24 | Mar-23 |
|---|---|---|---|
| EPS | 13.79 | 16.14 | 9.43 |
| ROE | 28.6 | 50.09 | 48.36 |
| ROCE | 12.5 | 32.59 | 26.13 |
| RONW | 24.28 | 40.06 | 39.03 |
| PRE IPO(PE) | 0 | 12.25 | 0 |
| POST IPO(PE) | 17.68 | 0 | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
Founded in 2006, Rapid Fleet Management Services Limited provides reliable logistics and road transportation solutions for both B2B and B2C clients. The company has grown significantly, managing a fleet of over 200 vehicles and serving industries like FMCG, automobiles, and electronics. To improve efficiency, it has developed a mobile app that enables 24/7 operations, offering features like e-bidding, portal RFQs, e-POD, invoicing, and customer TMS management. Its services include Full and Partial Load transport for flexible and cost-effective cargo movement, Exim services for customs clearance and cross-border logistics, and Renewable Transportation Services for Wind Turbine Generators (WTG), using extendable telescopic trailers for transporting large turbine blades. With a strong focus on reliability and innovation, the company delivers optimized logistics solutions tailored to various business needs. As of August 14, 2024, Rapid Fleet Management Services Limited had a team of 68 employees.
Strengths
- Smart TMS System – Uses Digitify Book, an in-house Transport Management System for smooth operations and easy client compliance.
- Safe & Reliable Fleet – Operates its own fleet with strict safety standards for efficient and dependable deliveries.
- Nationwide Service – Provides transportation across India, ensuring broad industry coverage and optimized logistics.
Risk factors
- Reliance on Road Transport – Smooth vehicle operations are crucial; any disruptions could affect profitability and reputation.
- Regulatory Challenges – Missing or delayed approvals may impact business operations and financial stability.
- Legal Matters – Ongoing cases involving the company and its leadership could have financial and reputational consequences.
Promoters
Mr. Anand Poddar
Ms. Shruti Poddar
Registrar & documents
Lead manager
Gretex Corporate Services Limited
Registrar & contacts
Bigshare Services Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
New No. 9, Old No. 5 Coral Merchant Street, Chennai - 600001
044-25210132
[email protected]Company website ↗Understanding RAPIDFLEET IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.