Rapid Fleet IPO Details
| IPO Open Date: | March 21, 2025 |
| IPO Close Date: | March 25, 2025 |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹183 to ₹192 Per Share |
| Issue Size: | Approx ₹43.87 Crores |
| Fresh Issue: | Approx ₹43.87 Crores |
| Issue Type: | Book Built Issue |
| IPO Listing: | NSE SME |
| Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
Rapid Fleet IPO Market Lot
The Rapid Fleet IPO minimum market lot is 600 shares with ₹1,15,200 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 600 | ₹1,15,200 |
| Retail Maximum | 1 | 600 | ₹1,15,200 |
| S-HNI Minimum | 2 | 1200 | ₹2,30,400 |
Rapid Fleet IPO Dates
The Rapid Fleet IPO date is March 21 and the close date is March 25. The Rapid Fleet IPO allotment will be finalized on March 26 and the IPO listing on March 28.
| IPO Open Date: | March 21, 2025 |
| IPO Close Date: | March 25, 2025 |
| Basis of Allotment: | March 26, 2025 |
| Refunds: | March 27, 2025 |
| Credit to Demat Account: | March 27, 2025 |
| IPO Listing Date: | March 28, 2025 |
Promoters of Rapid Fleet IPO
The promoters of the company are Mr. Anand Poddar and Ms. Shruti Poddar.
About Rapid Fleet IPO
Rapid Fleet Management Services Limited founded in 2006, is one of the well-known companies involved in the business of offering logistics services and road transportation services specialized to the B2B and B2C clients. As of now, the company owns 174 trucks which is used to provide logistics services to diverse range of industries such as Tyre, Logistics, Electronics, FMCG, Renewable, Durables, FNB, Chemicals. The company also incorporated its own Mobile App to enable the good flow of its business. The main aim of the company is to focus on providing business chain activities ensuring customer satisfaction. They are committed to offer customized based solutions to its customers ensuring there is no issue from their side. Additionally, they deliver wide range of cargo requirements which are Full and Partial Load Services. Rapid Fleet management services comprises of 68 employees as of August 14, 2024.
Rapid Fleet IPO Company Financial Report
The company reported revenue of ₹116.32 crores in 2024 against ₹106.03 crore in 2023. The company reported profit of ₹8.07 crores in 2024 against profit of ₹4.71 crores in 2023.
Amount ₹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2022 | ₹114.02 | ₹109.42 | ₹3.40 | ₹75.37 |
| 2023 | ₹106.03 | ₹99.60 | ₹4.71 | ₹71.81 |
| 2024 | ₹116.32 | ₹105.18 | ₹8.07 | ₹70.66 |
| September 2024 | ₹87.39 | ₹78.13 | ₹7.01 | ₹101.30 |
Rapid Fleet IPO Valuation – FY2024
Check Rapid Fleet IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | 50.09% |
| ROCE: | 32.59% |
| EBITDA Margin: | 14.68% |
| PAT Margin: | 6.98% |
| Debt to equity ratio: | 0.74 |
| Earning Per Share (EPS): | ₹807.19 (Basic) |
| Price/Earning P/E Ratio: | 11.34 |
| Return on Net Worth (RoNW): | 40.06% |
| Net Asset Value (NAV): | ₹2,014.98 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Premier Roadlines Limited | 7.50 | 16.98 | 31.77% | 3,973.69 | 228.54. Cr. |
| AVG Logistics Limited | 27.34 | 17.72 | 16.35% | 20,009.26 | 479.76 Cr. |
Objects of the Issue
- Purchase of Vehicles (Goods carriages)
- Working Capital Requirements
- General corporate purposes.
Rapid Fleet IPO Review
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Rapid Fleet IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
IPO Lead Managers aka Merchant Bankers
- Gretex Corporate Services Limited
Company Address
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/
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Note: The Rapid Fleet IPO price band and date are officially announced. The (Rapid Fleet IPO grey market premium) will be added to the IPO GMP page as it will start).
