58  Total SME IPOs listed in 2025

2,593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

Rapid Fleet Management Services Limited IPO Analysis

Rapid Fleet Management Services IPO is a Book Building listing on NSE EMERGE exchange. The company is based in Chennai and caters to Logistics sector. Gretex Corporate Services is the merchant banker of Rapid Fleet Management Services IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 14th August 2024.

Rapid Fleet Management Services IPO posted revenues of ₹ 116.32 crores and PAT of ₹ 8.07 crores in FY25 on annualised basis.

IPO Key Highlights

*At the time of IPO, on Annualised Basis
  • Revenue: ₹ 87.39 Cr.
            EBITDA: ₹ 11.48 Cr.
            PAT: ₹ 7.01 Cr.
  • EBITDA Margin: 13.14 %
            Pat Margin: 8.02 %
  • Net Worth: ₹ 28.89 Cr.
  • Market Capitalisation: ₹ 142.75 Cr.
  • P/E: 17.68 times
  • P/BV: 1.96 times
  • EV/EBITDA: 13.61 times
Nature of IPO : SME
Exchange : NSE EMERGE
IPO Type : Book Building

Rapid Fleet IPO Financial Performance (Restated)

Financial results of Rapid Fleet Management Services IPO based on restated financials as per prospectus and IPO review parameters can be referred to below.

Amount in ₹ crores
Financials
[●]
FY24
FY23
FY22
Balance Sheet
Assets
101.30
70.66
71.81
75.37

Net Worth
28.89
20.15
12.08
7.41

Total Debt
34.07
14.93
15.79
27.43

Profit & Loss
Revenue
Revenue on annualised basis
87.39
87.39
116.32
106.03
114.02

EBITDA
EBITDA on annualised basis
11.48
11.48
16.96
12.13
8.72

PAT
PAT on annualised basis
7.01
7.01
8.07
4.71
3.40

Notes:
1) Total debt incluides long-term borrowings and short-term borrowings.
2) Revenue means the Revenue from Operations as appearing in the Restated Financial Statements.

Rapid Fleet IPO Key performance Indicators (KPI)

Rapid Fleet Management Services IPO PAT Margin is 8.02 % , ROCE (Return on Capital Employed) is 12.50 % as per latest financial. The below table shows Rapid Fleet Management Services IPO Key Performance Indicators (KPI) as mentioned in company’s prospectus.

Particulars
[●]
FY24
FY23
FY22

EBITDA Margin (%)
13.14
14.58
11.44
7.65

PAT Margin (%)
8.02
6.94
4.44
2.98

EPS (₹)
[●]
[●]
[●]
[●]

ROE (%)
24.26
40.05
38.99
45.88

ROCE (%)
12.50
32.59
26.13
15.95

ROA (%)
6.92
11.42
6.56
4.51

Debt to Equity (x)  
1.18
0.74
1.31
3.70

Notes:
1) The EPS represents post-bonus basic EPS.
2) Return on Equity is ratio of Profit after Tax and Total Equity.
3) Return on Assets is ratio of Profit after Tax and Total Assets.
4) Debt to Equity is ratio of Total borrowings and Total Equity.

Rapid Fleet Management Services IPO Valuation Metrics

The market Capitalisation of Rapid Fleet Management Services IPO is ₹ 142.75 crores at the time of IPO and other IPO valuation metrics of this IPO is mentioned below.

Key Metrics (at the time of IPO)


Market Capitalisation (₹ Cr.):
142.75

Enterprise Value (EV) (₹ Cr.):
156.19

EV/EBITDA (times) :
13.61

PE Multiple (times) :
17.68

P/B (times) :
1.96

NAV (₹) :
[●]

Notes:
1) The Enterprise Value is calculated as Market Cap. + Total Debt - Cash and Cash Equivalents.
2) Price to Book multiple is calculated as the ratio of Market Cap. and Net Worth post IPO proceeds.

What are the key financial metrics in Rapid Fleet prospectus?

The Rapid Fleet Management Services IPO prospectus highlights an Return on Equity (ROE) of 15 %, Return on Assets (ROA) of 12 %, and an EBITDA Margin of 18 %, showcasing financial performance.

How do profitability ratios impact the evaluation of Rapid Fleet IPO?

Profitability ratios like Return on Equity (ROE), Return on Assets (ROA), and Net Profit Margin shows Rapid Fleet Management Services IPO financial report. Analysing these metrics can provide insights into the company’s efficiency, profitability, and long-term growth potential.

What is the market capitalisation for Rapid Fleet IPO ?

The post-IPO market capitalisation of Rapid Fleet Management Services IPO is ₹ 142.75 Cr., based on the issue price and share structure. It helps investors gauge the company’s valuation and compare it with industry peers before investing.

What is the PE Multiple of Rapid Fleet IPO?

The Rapid Fleet Management Services IPO has a Price-to-Earnings (PE) ratio of 17.68 X, indicating valuation compared to industry peers. It helps investors determine if the stock is overvalued or undervalued compared to its earnings and industry peers.

What is the Revenue of Rapid Fleet Management Services IPO?

Rapid Fleet Management Services IPO reported revenue of ₹ 116.32 Cr. in the latest fiscal year, showing business performance, on annualised basis. Revenue figures from Rapid Fleet Management Services IPO provide insights into sales growth, market demand, and business scalability.

What is the EBITDA of Rapid Fleet Management Services IPO?

Rapid Fleet Management Services recorded an EBITDA of ₹ 11.48 Cr., reflecting operational efficiency. EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortisation) measures operational profitability.

What is the PAT of Rapid Fleet Management Services IPO?

Rapid Fleet Management Services Profit After Tax (PAT) is ₹ 7.01 Cr., reflecting earnings growth. Profit After Tax (PAT) reflects the company’s actual earnings after all expenses, taxes, and deductions

IPO Key Highlights

*At the time of IPO, on Annualised Basis
  • Revenue: ₹ 87.39 Cr.
            EBITDA: ₹ 11.48 Cr.
            PAT: ₹ 7.01 Cr.
  • EBITDA Margin: 13.14 %
            Pat Margin: 8.02 %
  • Net Worth: ₹ 28.89 Cr.
  • Market Capitalisation: ₹ 142.75 Cr.
  • P/E: 17.68 times
  • P/BV: 1.96 times
  • EV/EBITDA: 13.61 times

Revenue

(As Annualised)

EBITDA

(As Annualised)

PAT

(As Annualised)
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FAQs

Rapid Fleet Management Services operates in Logistics and Pecializes In Providing Comprehensive Logistics And Road Transportation Services. The Issue is listed on NSE EMERGE in Mar, 2025. Rapid Fleet Management Services IPO size was 43.87 with Issue price of 192.00 .

Rapid Fleet Management Services IPO subscription was 1.65 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Rapid Fleet Management Services IPO listed at a listing price of 195.00 against the offer price of 192.00.

The current market price of Rapid Fleet Management Services is 206.35.

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