Rapid Fleet Management Services Limited

21 Mar 2025 - 25 Mar 2025 Individual Category SME NSE

Min Investment

₹115200

Price Band

₹183-₹192

Issue Size

22.85 lakhs
Equity Shares

Lot Size

600

IPO Dates
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21 Mar 2025

Open Date

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25 Mar 2025

Close Date

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26 Mar 2025

Allotment Date

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28 Mar 2025

Listing Date

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 of22.85 lakh equity shares. This upcoming IPO is offering entirely a fresh issue; 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.

Know Before Investing

Strengths icon

  • Extensive transport network ensures seamless PAN-India coverage.
  • Adaptability to market shifts ensures continuous operations.
  • Strong ties with reputed clients provide business stability.

Weaknesses icon

  • Limited scope for international expansion.
  • Faces stiff competition from well-established logistics firms.
  • Business performance depends on market demand variations.

About Rapid Fleet Management Services Limited

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.

Founded

2006

Managing Director

Anand Poddar

Parent Organization

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.

Company Promoters

Anand Poddar

Shruti Poddar

Subscription Details

Investor Category Subscription (times)
Qualified Institutions 0
Non-Institutional Buyers 0
bNII (bids above ₹10L) 0
sNII (bids below ₹10L) 0
Retail Investors 0
Employees 0
Others 0
Total 0

How to Apply for IPO

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Select Lots & Price

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UPI ID

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UPI Mandate Request

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IPO Allotment

YES Share will be credited. and the amount will be debited

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