Rapid Fleet Management Services Private Limited

Rapid Fleet Management Services Private Limited

SME NSE SME 100% Book Built Offer
Closed

Price Band

₹183 - ₹192

Total Issue

₹43.87 Cr

Bid Dates

21 Mar - 25 Mar

Subscription

1.97x

Est. GMP

₹0 (0.00%)

Website RHP Check Allotment

Tentative Timetable

Open
Close
Allotment
Refunds
Credit
Listing

Business Overview

Based in Chennai, this logistics provider offers tailored road transportation services for both B2B and B2C clients. Their streamlined process covers order booking, route optimization, vehicle allocation based on cargo type, and secure loading from warehouses or designated stops. Using GPS and FASTag SIM tracking, they ensure real-time monitoring and updates throughout transit. Upon arrival, goods are safely unloaded and delivered. Known for their reliability and adaptability, they serve diverse industries such as Tyres, Electronics, FMCG, Chemicals, and more.

Lot Info

Lot Information for Rapid Fleet Management IPO
Category Lots Shares Amount
Individual (Min) 1 600 ₹1,15,200
Individual (Max) 1 600 ₹1,15,200
S-HNI (Min) 2 1,200 ₹2,30,400
S-HNI (Max) 8 4,800 ₹9,21,600
B-HNI (Min) 9 5,400 ₹10,36,800
Market Maker
4,21,800 EQ Share
Employee
₹0.00
Shareholder
₹0.00

Issue Size

Total ₹43.87 Cr
Fresh Issue
₹43.87 Cr (0.23 Cr Shares)
Offer For Sale
₹0.00 (0.00 Shares)

Objects of the Issue

A1

₹B1 Cr

A2

₹B2 Cr

A3

₹B3 Cr

Grey Market Premium

GMP ₹0
Est. Price ₹192
Est. Gain 0.00%

Rapid Fleet Management IPO Peer Comparison

(Rs. in crores)

Rapid Fleet Management IPO Peer Comparison Table
Particulars Co. Premier Roadlines AVG Logistics
Revenue from Ops (in Crs.) 115.59 228.54 479.76
PAT (In Crs.) 8.07 12.62 32.72
EPS - Basic 16.14 7.50 27.34
NAV per share 2,014.98 3,973.69 20,009.26
RONW 40.06% 31.77% 16.35%
EBITDA 14.68 9.29% 19.81%
PAT Margin 6.98 5.52% 6.82%
Price to earning (PE) 11.90 16.98 17.72
  • All the information pertains to FY 2023-24
  • The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of March 31, 2024 for Peers

Financial Performance

(Rs. in crores)

Financial Performance Metrics for Rapid Fleet Management IPO
Particulars Sep-24 Mar-24 Mar-23 Mar-22
Revenue from Operations 85.03 115.59 105.52 113.70
Profit after Tax 7.01 8.07 4.71 3.40
Net Worth 28.89 20.15 12.08 7.41
Total Borrowing 34.07 14.93 15.79 27.43
Total Assets 101.30 70.66 71.81 75.37
NAV per share (in ₹) 56.82 40.30 24.16 14.83
EPS - Basic (in ₹) 13.79 16.14 9.43 6.79

KPIs

EBITDA

14.68

PAT

6.98

ROE

50.09

ROCE

32.59

PE Ratio

11.90

PB Ratio

4.76

Mkt Cap (in Crs.)

142.75

  • All Ratios are based on Mar 24
  • PE, PB, and Post-Issue Market Capitalization are calculated based on the upper price band.

Shareholding

Promoter

1.42%

Public

98.58%

Ms. Shruti Poddar 56.78%
Mr. Anand Poddar 39.31%

Management

Mr. Anand Poddar MD
Mr. Manish Kumar Agrawal CFO

Registrar & Lead Managers

Registrar

Bigshare Services

Bigshare Services

Lead Managers (1)

Gretex Corporate Gretex Corporate

Subscription Status

Updated as on 25-Mar-2025 19:00:10 hrs

Category Sub (x) Offered Bids
QIB 1.07x 3,72,600 3,99,000
NII 4.38x 2,79,600 12,23,400
Retail 0.81x 6,52,200 5,31,000
Total 1.65x 13,04,400 21,53,400

Frequently Asked Questions

What is Rapid Fleet Management IPO?
Rapid Fleet Management IPO is a SME IPO having an issue size of ₹43.87 Crs. Rapid Fleet Management IPO is priced at ₹183 - ₹192 per share. The issue opens on 21 Mar 25 and closes on 25 Mar 25.
When will Rapid Fleet Management IPO open?
Rapid Fleet Management IPO opens on 21 Mar 25 and closes on 25 Mar 25.
What is the GMP of Rapid Fleet Management IPO?
The estimated Grey Market Premium of Rapid Fleet Management IPO is ₹0 per share (0.00%).
What is the lot size of Rapid Fleet Management IPO?
The minimum lot size of Rapid Fleet Management IPO is 600 shares & the minimum application amount is Rs. 115200.
When is the allotment of Rapid Fleet Management IPO?
The allotment date of Rapid Fleet Management IPO is 26 Mar 25.
What is the listing date of Rapid Fleet Management IPO?
The listing date of Rapid Fleet Management IPO is 28 Mar 25.
What is the subscription of Rapid Fleet Management IPO?
Rapid Fleet Management IPO is subscribed 1.97 times.
What is the price band of Rapid Fleet Management IPO?
Rapid Fleet Management IPO is priced at ₹183 - ₹192 per share.
How to check allotment status of Rapid Fleet Management IPO?
Click the allotment link on Rapid Fleet Management IPO page of IPO360.
How to apply Rapid Fleet Management IPO in Zerodha?
  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app
How to apply Rapid Fleet Management IPO in Groww?
  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app
How to apply Rapid Fleet Management IPO using ASBA?
  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Rapid Fleet Management IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date