Rapid Fleet Management Services Limited (NSE SME)
Mar 21, 2025 - Mar 25, 2025
| Price | ₹183 - ₹192 |
| Premium | ₹0 |
|---|---|
| Lot size | 600 |
| Allotment | Mar 26, 2025 |
| Listing | Mar 28, 2025 |
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 600 | 115200 | 1087 |
| HNI | 2 | 1200 | 230400 | 466 |
Last updated on 25-Mar-2025 18:44:02
| Category | Offered | Applied | Times |
|---|---|---|---|
| QIB | 372600 | 399000 | 1.07 |
| NIB | 279600 | 1223400 | 4.38 |
| RETAIL | 652200 | 531000 | 0.81 |
| Total | 1304400 | 2153400 | 1.65 |
| Application Wise Breakup | |
|---|---|
| Category | App. Received |
| QIB | 3 |
| NIB | 209 |
| RETAIL | 885 |
| Total | 1097 |
| Subscription Demand (in ₹ crore) | |||
|---|---|---|---|
| Category | Offered | Demand | Times |
| QIB | 7.15 | 7.66 | 1.07 |
| NIB | 5.37 | 23.49 | 4.38 |
| RETAIL | 12.52 | 10.2 | 0.81 |
| Total | 25.04 | 41.35 | 1.65 |
| QIB Interest Cost Per Share (7 Days) | |||||
|---|---|---|---|---|---|
| @7% ₹0.3 | @8% ₹0.3 | @9% ₹0.4 | @10% ₹0.4 | @11% ₹0.4 | @12% ₹0.5 |
| HNI Interest Cost Per Share (7 Days) | |||||
|---|---|---|---|---|---|
| @7% ₹1.1 | @8% ₹1.3 | @9% ₹1.5 | @10% ₹1.6 | @11% ₹1.8 | @12% ₹1.9 |
Rapid Fleet IPO Details
| Issue Size | 22,84,800 shares (aggregating up to ₹43.87 Cr) |
| Fresh Issue | 22,84,800 shares (aggregating up to ₹43.87 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 51,50,000 shares |
| Share Holding Post Issue | 74,34,800 shares |
| Market Maker Portion | 4,21,800 shares |
| Marker Maker | MLB Stock Broking |
Rapid Fleet IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Offer |
| Retail Shares Offered | Not less than 35% of the Net Offer |
| NII (HNI) Shares Offered | Not less than 15% of the Net Offer |
Key Performance Indicator (KPI)
| KPI | Sep-24 | Mar-24 | Mar-23 |
|---|---|---|---|
| ROE | 28.60% | 50.09% | 48.36% |
| ROCE | 12.50% | 32.59% | 26.13% |
| RONW | 24.28% | 40.06% | 39.03% |
| EPS (basic) | 13.79 | 16.14 | 9.43 |
| P/E Pre IPO | 12.25 | ||
| P/E Post IPO | 17.68 |
Company Financials In Crores
| Period Ended | Sep-24 | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|---|
| Assets | 101.3 | 70.7 | 71.8 | 75.4 |
| Revenue | 87.4 | 116.3 | 106.0 | 114.0 |
| Profit After Tax | 7.0 | 8.1 | 4.7 | 3.4 |
| Net Worth | 28.9 | 20.2 | 12.1 | 7.4 |
| Reserves and Surplus | 23.7 | 20.1 | 12.0 | 7.3 |
| Total Borrowing | 34.1 | 14.9 | 15.8 | 27.4 |
About Company
Incorporated in 2006, Rapid Fleet Management Services Limited specializes in providing comprehensive logistics and road transportation solutions for both B2B and B2C clients. The company has expanded its operations significantly, managing a fleet of over 200 vehicles and serving industries such as FMCG, automobiles, and electronics. To enhance efficiency, it has developed its own mobile app, ensuring 24/7 operations and seamless client compliance through e-bidding, portal RFQs, e-POD, invoicing, and customer TMS management. Its service offerings include Full and Partial Load transport for cost-effective and flexible cargo movement, Exim services for customs clearance and cross-border logistics, and Renewable Transportation Services focused on Wind Turbine Generators (WTG), utilizing extendable telescopic trailers for large turbine blade transport. With a commitment to reliability and innovation, the company ensures optimized logistics solutions for diverse business needs. As of August 14, 2024, Rapid Fleet Management Services Limited employed 68 individuals.
Advanced TMS Integration – Uses Digitify Book, an in-house Transport Management System for seamless operations and client compliance.
Owned Fleet & Safety Focus – Maintains an in-house fleet with strict safety measures, ensuring reliable and efficient deliveries.
Nationwide Reach – Offers PAN India transportation, enabling wide industry coverage and optimized logistics solutions.
Road Network Dependency – Business relies on uninterrupted vehicle operations; any disruptions could impact profitability and reputation.
Regulatory Compliance Risks – Failure to obtain, maintain, or renew necessary approvals may affect operations and financial stability.
Legal Proceedings – Ongoing cases involving the company, promoters, and directors could lead to adverse financial and reputational impacts.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html