Rapid Fleet Management IPO description – Chennai-based Rapid Fleet Management is engaged in the business of providing road transportation and logistics services for B2B and B2C clientele. As of 14 August 2024, the company owns 174 vehicles, serving a wide array of industries, including but not limited to Tyre, Logistics, Electronics, FMCG, Renewable, Durables, FNB, and Chemicals. Rapid Fleet Management is an ISO 9001:2015 certified service provider that professionally handles client requirements to ensure the highest degree of customer satisfaction. Since its inception, the company has consistently been providing solutions powered by its fleet vehicles.
Rapid Fleet Management has developed its own Mobile App which ensures 24×7 process flow at all ground levels and ensures uninterrupted and continuous operations. It is a client compliance orientation company in all new-age activities like E-bidding / Portal enabled RFQ process / E-POD uploading / Portal Invoicing / Customer TMS Management etc.
Promoters of Rapid Fleet Management – Mr. Anand Poddar and Ms. Shruti Poddar
Table of Contents
Rapid Fleet Management IPO Details
| Rapid Fleet Management IPO Dates | 21 – 25 March 2025 |
| Rapid Fleet Management Issue Price | INR 183 – 192 per share |
| Fresh issue | 22,84,800 shares (INR 41.81 – 43.87 crore) |
| Offer For Sale | NIL |
| Total IPO size | 22,84,800 shares (INR 41.81 – 43.87 crore) |
| Minimum bid (lot size) | 600 shares (INR 1,15,200) |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Listing On | NSE EMERGE |
Rapid Fleet Management Financial Performance
| FY 2022 | FY 2023 | FY 2024 | H1 FY 2025 | |
| Revenue | 113.70 | 105.52 | 115.59 | 85.03 |
| Expenses | 109.42 | 99.60 | 105.18 | 78.13 |
| Net income | 3.40 | 4.71 | 8.07 | 7.01 |
Rapid Fleet Management Offer News
- Rapid Fleet Management RHP
- Rapid Fleet Management Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- Highest SME IPO Subscription in 2024
Rapid Fleet Management Valuations & Margins
| FY 2022 | FY 2023 | FY 2024 | |
| EPS | 6.79 | 9.43 | 16.14 |
| PE ratio | – | – | 11.34 – 11.90 |
| RONW (%) | 45.20 | 39.03 | 40.06 |
| NAV | 14.83 | 24.16 | 40.30 |
| ROCE (%) | 21.98 | 36.85 | 43.11 |
| EBITDA (%) | 7.67 | 11.50 | 14.68 |
| Debt/Equity | 3.70 | 1.31 | 0.74 |
Rapid Fleet Management IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| – | – | – | – |
Rapid Fleet Management IPO Subscription – Live Updates
Coming soon
The above calculations do not include the market maker reservation portion of [] shares.
Rapid Fleet Management IPO Allotment Status
Rapid Fleet Management IPO allotment status will be available on Bigshare Services website. Click on Bigshare IPO weblink to get allotment status.
Rapid Fleet Management IPO Dates & Listing Performance
| IPO Opening Date | 21 March 2025 |
| IPO Closing Date | 25 March 2025 |
| Finalization of Basis of Allotment | 26 March 2025 |
| Initiation of refunds | 27 March 2025 |
| Transfer of shares to demat accounts | 27 March 2025 |
| IPO Listing Date | 28 March 2025 |
| Opening Price on NSE SME | Coming soon |
| Closing Price on NSE SME | Coming soon |
Rapid Fleet Management Offer Lead Manager
GRETEX CORPORATE SERVICES LIMITED
A- 401, Floor 4th, Plot FP-616, (PT), Naman Midtown,
Senapati Bapat Marg, Near Indiabulls, Dadar (W),
Delisle Road, Mumbai – 400013, Maharashtra, India
Phone: +91 96532 49863
Email: info@gretexgroup.com
Website: www.gretexcorporate.com
Rapid Fleet Management Offer Registrar
BIGSHARE SERVICES PRIVATE LIMITED
S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali
Caves Road, Andheri East, Mumbai – 400 093
Phone: +91 22 6263 8200
Email: ipo@bigshareonline.com
Website: www.bigshareonline.com
Rapid Fleet Management Contact Details
RAPID FLEET MANAGEMENT LIMITED
New No. 9, Old No. 5 Coral Merchant Street,
Chennai 600001, Tamil Nadu
Phone: +91- 044-25210132
E-mail: info@rapidtransportsystems.in
Website: www.rapidfleet.in
IPO FAQs
What is Rapid Fleet Management’s offer size?
Rapid Fleet Management offer size is INR 41.81 – 43.87 crores.
What is Rapid Fleet Management’s offer price band?
Rapid Fleet Management public offer price is INR 183 – 192 per share.
What is the lot size of Rapid Fleet Management IPO?
Rapid Fleet Management offer lot size is 600 shares.
What is Rapid Fleet Management IPO GMP today?
Rapid Fleet Management IPO GMP today is INR NA per share.
What is Rapid Fleet Management kostak rate today?
Rapid Fleet Management kostak rate today is INR NA per application.
What is Rapid Fleet Management IPO Subject to Sauda rate today?
Rapid Fleet Management’s Subject to Sauda rate today is INR NA per application.