Rapid Fleet Management Services IPO Open Date, Close Date, Price Band

Rapid Fleet IPO open date is March 21, 2025, and the closing date is March 25, 2025. This new IPO is a book-built issue worth up to Rs 43.87 crores. This upcoming IPO is offering entirely a fresh issue of 22,84,800 equity shares; there are no offers for sale part included in this IPO.

Rapid Fleet IPO price band is Rs 183 - Rs 192 per share. As of now, Rapid Fleet IPO live GMP is at 0, indicating neutral sentiment among investors for this IPO.

Rapid Fleet IPO lot size is 600 shares, and the allotment status will be finalised on Wednesday, March 26, 2025. The minimum investment for retail investors is 1 lot, which is Rs 1,15,200. The registrar for Rapid Fleet IPO is Bigshare Services Private Limited. The listing date is Friday, March 28, 2025.

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Rapid Fleet IPO GMP Live

Rapid Fleet IPO GMP is at Rs 0. The IPO GMP today indicates the huge interest of retail investors. It is expected that the listing price can be the same as the allotment price, which is Rs 192 per share. You can check the latest IPO Grey Market Premium today online.

Rapid Fleet IPO Price Band

Rapid Fleet IPO price band is Rs 183 - Rs 192 per share. The minimum amount required for retail investors to participate in this IPO is Rs 1,15,200 (192 x 600 shares). However, for the HNI category, the minimum investment amount required is Rs 2,30,400 (192 x 1200 shares). 

Rapid Fleet Allotment Status

Rapid Fleet IPO Allotment status will be available on its registrar Bigshare Services Private Limited website on Wednesday, March 26 2025. Once the subscription ends after the closing of IPO bidding, the allotment status of investors who applied for IPO will be available on the registrar's website.

Rapid Fleet Listing Date

Rapid Fleet IPO listing date is Friday, March 28, 2025. The Listing will be on the NSE SME platform. Retail investors can sell the shares after 10 AM on the listing day.

Rapid Fleet IPO: Listing Date, Lot Size, Issue Size, Price Band

Rapid Fleet Management Services Limited: About the Company

Rapid Fleet Management Services Limited was founded in 2006 and deals with integrated logistics and road haulage solutions designed for both B2B and B2C businesses.

With a fleet size of more than 200 vehicles, the company caters to different industries such as FMCG, automotive, and electronics.

Rapid Fleet is dedicated to utilizing cutting-edge technology to support operational effectiveness, which is reflective in its customized mobile app allowing 24/7 operations as well as compliance by clients.

Rapid Fleet is ISO 9001:2015 certified, the firm commitment to customer satisfaction has seen it establish a strong client base with major brands like Coca-Cola and Samsung.

Through embracing cutting-edge processes such as e-bidding and electronic invoicing, Rapid Fleet places itself at the forefront as a logistics firm that is keen on addressing the changing needs of its customers while ensuring cost-effectiveness in their supply chains.

Rapid Fleet IPO Objectives

Rapid Fleet IPO objectives include utilising the funding received from the fresh issue to meet working capital requirements, purchase of vehicles (Goods carriages) and further to meet general corporate purposes.

Rapid Fleet IPO: Key Dates, Allotment, Listing Date

Rapid Fleet IPO Lot Size Details

Rapid Fleet IPO lot size is set at 600 shares per lot. The minimum amount required for retail investors to participate in this IPO is Rs 1,15,200 (192 x 600 shares). However, for the HNI category, the minimum investment amount required is Rs 2,30,400 (192 x 1200 shares).

Rapid Fleet IPO Promoter Holdings

Rapid Fleet IPO promoters are Anand Poddar and Shruti Poddar. The promoter's combined shareholdings before the IPO was 97.50%; however, post-IPO, their shareholdings will decline to 67.54%.

Rapid Fleet Management Services Limited Financials (Amt in Rs Cr)

Lead Manager and Registrar of Rapid Fleet IPO

Rapid Fleet lead manager is Gretex Corporate Services Limited. The company has appointed Bigshare Services Private Limited as the registrar for this public issue.

How to apply for the Rapid Fleet IPO

Interested investors who want to apply for the Rapid Fleet IPO can directly apply from the Bigul trading app, or you can apply on the Bigul website by visiting here. You can also check the details of the upcoming IPO on the Bigul platform.

Rapid Fleet IPO FAQs

1. What are the core details available of the Rapid Fleet IPO?

Rapid Fleet IPO is a book-built issue worth up to Rs 43.87 crores. The price band for this IPO is Rs 183 - Rs 192 per share. This upcoming IPO is offering entirely a fresh issue of up to 22,84,800 equity shares.

2. What is the Rapid Fleet IPO open date and close date?

Rapid Fleet IPO subscription opens on March 21, 2025, and closes on March 25, 2025. 

3. What is Rapid Fleet IPO GMP Live?

Rapid Fleet IPO GMP is at Rs 0. The IPO GMP today indicates the huge interest of retail investors. It is expected that the listing price can be the same as the allotment price, which is Rs 192 per share. You can check the latest IPO Grey Market Premium today online. 

4. How do you check the IPO Allotment status?

Rapid Fleet IPO Allotment status is available on its registrar, Bigshare Services Private Limited website. Once the IPO subscription ends after the closing of IPO bidding, the allotment status of investors who applied for IPO will be available on the registrar's website. 

5. Who are the registrar and lead managers of Rapid Fleet IPO?

Rapid Fleet IPO lead manager is Gretex Corporate Services Limited. The company has appointed Bigshare Services Private Limited as the registrar for this public issue. 

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• What is IPO GMP?
• Difference between IPO and FPO For Beginners
• Difference between SME IPO and Mainline IPO?