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Rapid Fleet Management Services IPO is a book build IPO 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 open date is 21st March 2025 and close date is 25th March 2025. IPO Allotment Date is 26th March 2025 and Listing date is 28th March 2025.Rapid Fleet Management Services IPO size is Rs 43.87 Cr. with IPO price of Rs 192.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Gretex Corporate Services Limited is the book-running lead manager of the Rapid Fleet Management Services IPO. Bigshare Services Private Limited is the Registrar and Market Maker is MLB Stock Broking Private Limited for Rapid Fleet Management Services IPO.
Rapid Fleet Management Services IPO anchor investors are the below investors. The number of anchor investors in this IPO is 5.
| Anchor Investor Name | No. of shares Allotted | Offer Price (in Rs.) | Amount Invested (in Rs.) |
|---|---|---|---|
| Innovative Vision Fund | 104,400.00 | ₹192.00 | ₹20,044,800.00 |
| Zeta Global Funds | 261,000.00 | ₹192.00 | ₹50,112,000.00 |
| Eminence Global Fund | 52,200.00 | ₹192.00 | ₹10,022,400.00 |
| Craft Emerging Market | 52,200.00 | ₹192.00 | ₹10,022,400.00 |
| Finvesta First | 88,800.00 | ₹192.00 | ₹17,049,600.00 |
Rapid Fleet Management Services IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Rapid Fleet Management Services IPO, based in Chennai, operates in the Logistics sector with a focus on pecializes in providing comprehensive logistics and road transportation services. The company is launching its SME IPO on the NSE EMERGE exchange, using the Book Building Issue method. Rapid Fleet Management Services IPO size is ₹ 43.87 Cr. Crores with fresh issue size of Rs 43.87 Cr. Crores and Offer for sale being Nil
The IPO allotment date for Rapid Fleet Management Services IPO is expected to be 26th March 2025, after the finalization of basis of allotment. Investors can check Rapid Fleet Management Services IPO allotment status on the registrars website, Bigshare Services Private Limited. Rapid Fleet Management Services IPO refund dates are 27th March 2025.
Rapid Fleet Management Services IPO is expected to be listed on 28th March 2025.
The upper price band for the Rapid Fleet Management Services IPO is set at ₹ 192.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Rapid Fleet Management Services IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Rapid Fleet Management Services IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 25th March 2025. After submission, funds are blocked until the basis of allotment of Rapid Fleet Management Services IPO is finalised.
The merchant banker for Rapid Fleet Management Services IPO is Gretex Corporate Services Limited . Gretex Corporate Services Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Rapid Fleet Management Services IPO RHP for further details.
The registrar for Rapid Fleet Management Services IPO is Bigshare Services Private Limited. Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Rapid Fleet Management Services IPO through their official website or helpline.
Rapid Fleet Management Services IPO was subscribed 1.65 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 43.87 Cr.
Avg IPO Size (Sector Based)
:
₹ 24.61 Cr.
Sector: Logistics
SME IPO so far:
49
Merchant Banker:
Gretex Corporate
SME IPO by BRLM so far:
50
City:
Chennai
SME IPO so far:
30
Revenue (annualised):
₹ 87.39 cr.
PE
Ratio:
17.68x
Average Sector PE Ratio: 15.61x
Rapid Fleet Management Services IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Rapid Fleet Management Services Financial Review Page
Merchant Banker(s) of Rapid Fleet Management Services IPO: Gretex Corporate Services Limited
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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