Rapid Fleet Management Services Private Limited
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.
Price Band₹183 - ₹192 |
Dates21 Mar - 25 Mar |
GMP₹0 (0.00%) |
Subscriptions1.97 times |
Issue Size₹43.87 Crs |
Rapid Fleet Management IPO Objects
- Integrated TMS with Digitify Book for streamlined operations
- In-house vehicle fleet ensuring safety and timely deliveries
- Optimized supply chain for maximum efficiency.
- PAN India transportation network.
- Proudly serving an esteemed clientele.
- Agile response to market fluctuations.
- Uncompromised commitment to quality service.
Rapid Fleet Management IPO Details
Price Band₹183 - ₹192 |
Listing AtNSE SME |
IPO Issue Type100% Book Built Offer |
Fresh Issue₹43.87 Cr (0.23 Cr Shares) |
Offer For Sale₹0.00 (0.00 Shares) |
Total Issue₹43.87 Cr (0.23 Cr Shares) |
Face Value₹10 per equity share |
Rapid Fleet Management IPO Lot Information
| Investor Category | Lot | Shares | Amount | |
|---|---|---|---|---|
| Retail |
Minimum
1
600
1,15,200
Maximum
1
600
1,15,200
|
|||
| NII |
Minimum
2
1,200
2,30,400
|
|||
Rapid Fleet Management IPO Subscription
Updated as on 25-Mar-2025 19:00:10 hrs
| Investor Category | Subscription (times) | Shares Offered | Shared Bid |
|---|---|---|---|
| QIB | 1.07 | 3,72,600 | 3,99,000 |
| NII | 5.88 | 2,79,600 | 16,45,200 |
| Retail | 0.81 | 6,52,200 | 5,31,000 |
| Total | 1.97 | 13,04,400 | 25,75,200 |
Rapid Fleet Management IPO GMP
The estimated Grey Market Premium of Rapid Fleet Management IPO is ₹0 per share (0.00%)
1. GMPs are available for IPOs with listing dates from May 1, 2025, onwards.
2. The GMP prices displayed here reflect news related to grey market trends. We do not trade or deal in the grey market, including subject-to-rates, nor do we recommend participating in grey market trading.
Category Allocation
| Particular | Allocation |
|---|---|
| QIB % | Not more than 50% of net offer |
| NII % | Not less than 15% of net offer |
| Retail % | Not less than 35% of net offer |
| Market Maker | 4,21,800 EQ Share |
Rapid Fleet Management IPO Financials
| 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 |
The financial information presented is on a consolidated basis
Key Performance Indicators
| KPI | KPI |
|---|---|
| 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.
Rapid Fleet Management IPO Peer Comparision
| 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
Rapid Fleet Management IPO Peer Comparision
| Particulars | Co. |
|---|---|
| Revenue from Ops (in Crs.) | 115.59 |
| PAT (In Crs.) | 8.07 |
| EPS - Basic | 16.14 |
| NAV per share | 2,014.98 |
| RONW | 40.06% |
| EBITDA | 14.68 |
| PAT Margin | 6.98 |
| Price to earning (PE) | 11.90 |
| Premier Roadlines | AVG Logistics |
|---|---|
| 228.54 | 479.76 |
| 12.62 | 32.72 |
| 7.50 | 27.34 |
| 3,973.69 | 20,009.26 |
| 31.77% | 16.35% |
| 9.29% | 19.81% |
| 5.52% | 6.82% |
| 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
Promoter Details
| Name | Shareholding |
|---|---|
| Ms. Shruti Poddar | 56.78% |
| Mr. Anand Poddar | 39.31% |
| Other Promoter | 1.42% |
Management Details
| Name | Designation |
|---|---|
| Mr. Anand Poddar | MD |
| Mr. Manish Kumar Agrawal | CFO |
Company Details
Name : RAPID FLEET MANAGEMENT SERVICES LIMITED
Address : New No. 9, Old No. 5 Coral Merchant Street, Chennai - 600001, Tamil Nadu, India
Number : 044-25210132
Email : info@rapidtransportsystems.in
Website : www.rapidfleet.in
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Visit WebsiteFrequently Asked questions?
Find answers to common questions that come in your mind related to IPO.
Rapid Fleet Management IPO is a SME IPO having an issue size of Rs. ₹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.
Rapid Fleet Management IPO opens on 21 Mar 25 and closes on 25 Mar 25.
The estimated Grey Market Premium of Rapid Fleet Management IPO is ₹0 per share (0.00%).
The minimum lot size of Rapid Fleet Management IPO is 600 shares & the minimum application amount is Rs. 115200.
The allotment date of Rapid Fleet Management IPO is 26 Mar 25.
The listing date of Rapid Fleet Management IPO is 28 Mar 25.
Rapid Fleet Management IPO is subscribed 1.97 times.
Rapid Fleet Management IPO is priced at ₹183 - ₹192 per share.
Click the allotment link on Rapid Fleet Management IPO page of IPO360.
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