Rapid Fleet Management Services Limited IPO is opening for subscription on 21 March 2025 and will close on 25 March 2025. This SME IPO is raising ₹43.87 crore from a fresh issue of 22.85 lakh shares.
The Rapid Fleet Management Services IPO allotment date will be decided on Wednesday, 26 March 2025. Rapid Fleet Management Services shares will probably be listed on NSE SME on Friday, 28 March 2025.
Rapid Fleet Management Services IPO price band has been set between ₹183 and ₹192 per share. The minimum number of shares or the lot size is 600, making the minimum investment requirement for retail investors is ₹109800. However, it is advisable to bid at the cutoff price to avoid the oversubscription scenario and in that case, the minimum investments would be ₹115200. The minimum lot size and investment amount for the HNIs is 2 lots, amounting to a minimum investment of ₹230400.
Rapid Fleet Management Services NSE SME IPO Details
| Detail | Information |
| IPO Opening Date | March 21, 2025 |
| IPO Closing Date | March 25, 2025 |
| Tentative IPO Listing Date | March 28, 2025 |
| Face Value | ₹10 per share |
| Price Range | ₹183 to ₹192 per share |
| Lot Size | 600 shares |
| Total Issue Size | 2284800 Shares (₹43.87 Cr.) |
| Fresh Issue | 2284800 Shares (₹43.87 Cr.) |
| IPO Segment | Book Built Issue IPO |
| Listing At | NSE SME |
| Share Holding Pre-Issue | 5150000 shares |
| Share Holding Post-Issue | 7434800 shares |
Rapid Fleet Management Services Limited | Company Overview
Rapid Fleet Management Services Limited was established in the year 2006. The company is engaged in offering all-in-all logistics services, and road transportation services for both B2C and B2B clients.
There are over 200 vehicles that run under this company catering to different industries including automobile, FMCG, and electronics as well. Rapid Fleet Management is a tech-first logistic company which has its mobile app for round the clock services and operations. It has multiple platforms online for compliance and client servicing such as e-bidding, portal RFQ, e-POD, invoicing, and TMS management for customers.
Services
- EXIM services: Rapid Fleet offers comprehensive export and import services, where it takes care of customs clearance for clients, cross-border transactions, and optimized logistics. The company specializes in correcting ports, and inland transport, ensuring timely delivery of goods and production facilities.
- Full or Partial Load: It offers both Full and partial Load services which makes transportation easy and cost-effective for raw materials and goods.
- Renewable Transportation Services: Rapid Fleet has entered into renewable energy logistics as well where it transports wind turbine generators. It has got extendable telescopic trailers for smoothly transporting these large turbines.
Rapid Fleet Management Services Limited IPO | Key Details
- Rapid Fleet Management Services IPO Opening Date: March 21, 2025,
- Rapid Fleet Management Services IPO Closing Date: March 25, 2025.
- Allotment Date: March 26, 2025
- Price Band: ₹183 to ₹192 per share
- Lot Size: 600 shares
- Refunds Initiated: March 27, 2025
- Shares Credited to Demat: March 27, 2025
- Listing Date: March 28, 2025
Rapid Fleet Management Services Ltd: Financial Overview
Rapid Fleet Management Services Limited saw a surge in its profits in FY24 by 71.34% from a rise of 9.7% in its revenue on a YoY basis.
Here are the details of the financials of the firm –
Amounts in ₹ Crore
| Financial Information | 31-Mar-24 | 31-Mar-23 | Change | Change (%) |
| Assets | 70.66 | 71.81 | -1.15 | -1.60144827 |
| Revenue | 116.32 | 106.03 | 10.29 | 9.704800528 |
| Profit After Tax | 8.07 | 4.71 | 3.36 | 71.33757962 |
| Net Worth | 20.15 | 12.08 | 8.07 | 66.80463576 |
| Reserve & Surplus | 20.05 | 11.98 | 8.07 | 67.36227045 |
| Total Borrowing | 14.93 | 15.79 | -0.86 | -5.44648512 |
Rapid Fleet Management Services Ltd IPO | FAQs
Rapid Fleet Management Services Ltd offers logistics services in different industries. It has a fleet of over 200 vehicles and advanced set up.
The tentative IPO listing date of Rapid Fleet Management Services has been fixed as Friday, March 28, 2025.
The bidding date for the Rapid Fleet Management Services IPO is March 21, 2025, and it will continue until March 25, 2025.
The minimum IPO lot size for Rapid Fleet Management Services is 600 shares and for HNIs, it is 2 lots.
The IPO allotment is expected to be finalized on Wednesday, March 26, 2025.
The IPO face value is set at ₹10 per share.
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