Open Date
21 Mar 2025
Close Date
25 Mar 2025
Listing Date
28 Mar 2025
Price Range
₹183.0 to ₹192.0
IPO Size
₹43.87 Cr
Exchange Symbols
Rapid Fleet Management Services Ltd
Cutoff - Lot Size
Open Date
Close Date
Listing Date
Price Range
IPO Size
Exchange Symbols
Open Date
Close Date
Listing Date
Price Range
IPO Size
Exchange Symbols
Implementation of an integrated TMS - Digitify Book.
In house Vehicle Fleet and its Safety for smooth operations and delivery.
Supply Chain Efficiency.
PAN India Transport.
The Company is a Chennai based company who provides road transportation logistics services tailored to the diverse needs of its B2B and B2C clientele. Its process begins with order booking, followed by route planning to optimize efficiency. Each shipment is carefully matched with an appropriate vehicle, factoring in cargo specifics for safe transit. Whether loading from designated stops or its warehouse, our team ensures goods are secured for the journey ahead. Utilizing GPS, FASTTAG SIM TRACKING navigation systems, we track and monitor every movement, providing real-time updates. Upon arrival at the destination, our unloading procedures guarantee safe delivery.
Company Name | Rapid Fleet Management Services Ltd |
Headquarter | Chennai |
info@rapidtransportsystems.in | |
Website | www.rapidfleet.in |
Bigshare Services Pvt Ltd
Phone Number | 91-22-62638200 |
Email ID | investor@bigshareonline.com |
Website | www.bigshareonline.com |
Initial public offer of 22,84,800 equity shares of face value of Rs. 10.00 each ("Equity Shares") of Rapid Fleet Management Services Limited (the "Company" or the "Issuer") for cash at a price of Rs. 192.00 per equity share including a share premium of Rs. 182.00 per equity share (the "Issue Price") aggregating to Rs. 43.87 crores ("The Issue"). The issue includes a reservation of 4,21,800 equity shares aggregating to Rs. 8.10 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of 18,63,000 equity shares aggregating to Rs. 35.77 crores (the "Net Issue"). The face value of the equity shares is Rs. 10.00 each and the issue price is 19.2 times of the face value.
Address: New No.9 Old No. 5, Coral Merchant Street, Chennai, Tamil Nadu, 600001
Phone: 044 - 2521 0132
Email: info@rapidtransportsystems.in
Website: www.rapidfleet.in
Open Date: -
Close Date: -
Issue Price: ₹
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