Rapid Fleet Management Services Ltd

Rapid Fleet Management Services Ltd

₹1,09,800

/ 600 shares
Cutoff - Lot Size
Rapid Fleet Management Services Ltd

Rapid Fleet Management Services Ltd

₹1,09,800

/ 600 shares

Cutoff - Lot Size

Rapid Fleet IPO Details

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

NSE - RAPIDFLEET, BSE - N/A

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

NSE - RAPIDFLEET, BSE - N/A
Rapid Fleet IPO Dates and Timelines
26 Mar 2025 Basis of Allotment Date
27 Mar 2025 Initiation of Refund
27 Mar 2025 Credit of Shares
28 Mar 2025 Listing Date
Rapid Fleet IPO Size and Allocation Details
Rapid Fleet Risks and Strengths

Strength

Torus

Risks

Torus

TorusImplementation of an integrated TMS - Digitify Book.

TorusIn house Vehicle Fleet and its Safety for smooth operations and delivery.

TorusSupply Chain Efficiency.

TorusPAN India Transport.

About Rapid Fleet

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 NameRapid Fleet Management Services Ltd
HeadquarterChennai
Emailinfo@rapidtransportsystems.in
Websitewww.rapidfleet.in
Rapid Fleet Financials
Rapid Fleet IPO Registrar

Bigshare Services Pvt Ltd

Phone Number91-22-62638200
Email IDinvestor@bigshareonline.com
Websitewww.bigshareonline.com
Rapid Fleet Synopsis

Rapid Fleet Management Services Ltd

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:

FAQ’s

What is the open date of IPO?

  • The opening date of IPO is 21 Mar 2025.

What is the close date of IPO?

  • The closing date of IPO is 25 Mar 2025.

What is the issue size of IPO?

  • The issue size of IPO is Rs 43.87 Cr.

What is the lot size of IPO?

  • The size per lot of IPO is 600.0.

How to apply for IPO?

  • To apply for IPO:

  • Navigate to the IPO section of mobile app/website

  • Click on Current IPO

  • Click on IPO

  • Enter Lot Quantity

  • Enter Valid UPI ID

  • Click on apply

  • Your application will be processed once the transaction is completed successfully.

What is the allotment date of IPO?

  • The Allotment Date of IPO is 26 Mar 2025.

What is the listing date of IPO?

  • IPO will get listed on 28 Mar 2025.

Who is the registrar of IPO?

  • The registrar of IPO is Bigshare Services Pvt Ltd .

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