
Rapid Fleet Management Services Limited
Rapid Fleet Management Services Limited(RAPIDFLEET)
Total Shares
22,84,800
Issue Size
₹43.87 Cr
Price Band
₹183 – ₹192
Lot Size
600 shares
Min. Investment
₹1,15,200
Max. Investment
₹1,15,200
Open Date
21 Mar, 2025
Close Date
25 Mar, 2025
Allotment
26 Mar, 2025
Listing
28 Mar, 2025
Max. Investment
₹1,15,200
Announced
21 Mar, 2025
Opening Date
21 Mar, 2025
Closing Date
25 Mar, 2025
Basis of Allotment
26 Mar, 2025
Initiation of Refunds
27 Mar, 2025
Credit of Shares
27 Mar, 2025
Listing Date
28 Mar, 2025
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About Rapid Fleet Management Services Limited IPO
Incorporated in 2006, Rapid Fleet Management Services Limited is specializes in providing comprehensive logistics and road transportation services tailored to both B2B and B2C clients.
The company has expanded its operations significantly, currently managing a fleet of over 200 vehicles. They serve a diverse range of industries, including FMCG, automobile, and electronics sectors.
The company developed its own mobile app to streamline business processes, ensuring 24/7 operations.
Rapid Fleet Management Services Limited IPO Share Price and Issue Size
Issue Breakdown
Shareholding
Dilution: 44.4% increase in shares
Rapid Fleet Management Services Limited IPO Financials Health
Rapid Fleet Management Services Limited IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| HNI Minimum | 2 | 1200 | ₹2,30,400 |
| Retail Minimum | 1 | 600 | ₹1,15,200 |
| Retail Maximum | 1 | 600 | ₹1,15,200 |
(All values in CR)
Rapid Fleet Management Services Limited IPO Valuation
| Metric | Value |
|---|---|
| DEBT/EQUITY | 0.74 |
| EPS Post IPO | 10.86 |
| EPS Pre IPO | 15.67 |
| P/E Post IPO | 17.68 |
| P/E Pre IPO | 12.25 |
| PAT MARGIN | 6.98 |
| PRICE TO BOOK VALUE | 4.76 |
| ROCE | 43.11% |
| ROE | 50.09% |
| RONW | 40.06% |
(All values in CR)
1. Implementation of an integrated TMS - Digitify Book.
2. In house Vehicle Fleet and its Safety for smooth operations and delivery.
3. Supply Chain Efficiency.
4. PAN India Transport.
5. Pride in catering to an esteemed clientele.
6. Dynamic Approach to Market Fluctuations.
7. Not compromising Quality Services.
1. Our business is dependent on the road network and our ability to utilize our vehicles in an uninterrupted manner. Any disruptions or delays in this regard could adversely affect us and lead to a loss of reputation and/ or profitability.
2. Our business is operating under various laws which require us to obtain approvals from the concerned statutory/regulatory authorities in the ordinary course of business and our inability to obtain, maintain or renew requisite statutory and regulatory permits and approvals for our business operations could materially and adversely affect our business, prospects, results of operations and financial condition.
3. There are outstanding legal proceedings involving our Company, Promoters and Directors. Any adverse decision in such proceedings may have a material adverse effect on our business, results of operations and financial condition.
4. Significant dependence of revenue on Full Load and Exim Services and impact of lack of experience in renewable transportation services.
5. Majority of our revenues are generated from the State of Tamil Nadu Any adverse development affecting our operations in this region could have an adverse impact on our business, financial condition and results of operations.
6. Our inability to pass on any increase in operating expenses, particularly fuel costs, to our customers which may adversely affect our business and results of operations.
7. Claims relating to loss or damage to cargo, personal injury claims or other operating risks that are not adequately insured may adversely affect our business, results of operations and financial condition.
8. Our Registered Office is not owned by us. The same is occupied by us on a rental basis. Disruption of our rights as tenant or termination of the agreements with our landlord would adversely impact our operations and, consequently, our business.
9. We rely on third party service provider for setting and maintenance of the Digitify TMS platform to handle the complete lifecycle of full truck operations, from indent creation to invoicing and any shortcomings in the services they offer could have an impact on our Company's operations.
10. Our business is highly dependent on technology and any disruption or failure of our technology systems may affect our operations.
Rapid Fleet Management Services Limited IPO Subscription Status
| Investor Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (Rs Cr.) |
|---|---|---|---|---|
| Anchor | 1.00 | 5,58,600 | 5,58,600 | 10.73 |
| HNI | 5.88 | 2,79,600 | 16,45,200 | 31.59 |
| Market Maker | 1.00 | 4,21,800 | 4,21,800 | 8.1 |
| QIB | 1.07 | 3,72,600 | 3,99,000 | 7.66 |
| Retail | 0.81 | 6,52,200 | 5,29,800 | 10.17 |
| Total | 1.97 | 13,04,400 | 25,74,000 | 49.42 |
Rapid Fleet Management Services Limited IPO GMP
Last updated 17 Mar, 2025 · Source: aggregated grey-market dealers
| Date | IPO Price | GMP | Sub2 Sauda | Est. Listing | Est. Profit | Updated |
|---|---|---|---|---|---|---|
| 17 Mar, 2025 | 192 | ₹0 | -- | ₹192 (0.00%) | - | 17 Mar, 2025 |
| 18 Mar, 2025 | 192 | ₹0 | -- | ₹192 (0.00%) | - | 18 Mar, 2025 |
| 19 Mar, 2025 | 192 | ₹0 | -- | ₹192 (0.00%) | - | 19 Mar, 2025 |
| 20 Mar, 2025 | 192 | ₹0 | -- | ₹192 (0.00%) | - | 20 Mar, 2025 |
| 21 Mar, 2025 | 192 | ₹0 | -- | ₹192 (0.00%) | - | 21 Mar, 2025 |
| 25 Mar, 2025 | 192 | ₹0 | -- | ₹192 (0.00%) | - | 25 Mar, 2025 |
| 26 Mar, 2025 | 192 | ₹0 | -- | ₹192 (0.00%) | - | 26 Mar, 2025 |
| 27 Mar, 2025 | 192 | ₹0 | -- | ₹192 (0.00%) | - | 27 Mar, 2025 |
| 28 Mar, 2025 | 192 | ₹0 | -- | ₹192 (0.00%) | - | 28 Mar, 2025 |
Disclaimer: GMP is an unofficial signal from grey-market dealers and is not regulated by SEBI. Use it alongside subscription data and other research for informed decision-making.
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