247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

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Rapid Fleet Management Services Limited

Chennai

Date of DRHP : 14 Aug 2024

Issue Type : Book Building Process

IPO Type :
SME IPO

Rapid Fleet Basic Details

   Logistics

Sub Sector: business of providing logistics services

Exchange:
NSE Emerge

About the Company

Rapid Fleet Management Services is a Chennai based company engaged in the business of providing logistics services tailored to the diverse needs of B2B and B2C clientele. Rapid Fleet Management Services is engaged in road transportation. Rapid Fleet Management Services process begins with order booking, followed by route planning to optimize efficiency. Each shipment is carefully matched with an appropriate vehicle, factoring in cargo specifics for safe transit. Whether loading from designated stops or our warehouse, company's team ensures goods are secured for the journey ahead. Utilizing GPS, FAST-TAG SIM TRACKING navigation systems, we track and monitor every movement, providing real-time updates. Upon arrival at the destination, our unloading procedures guarantee safe delivery.
Rapid Fleet Management Services own a fleet of trucks, as on date of filing of Draft Red Herring Prospectus company own 174 Vehicles, which is been used by their company to provide logistics services. Rapid Fleet Management Services serve a wide array of industries, including but not limited to Tyre, Logistics, Electronics, FMCG, Renewable, Durables, FNB, Chemicals. Rapid Fleet Management Services pride themselves on reliability and adaptability in meeting their client's transportation needs. Rapid Fleet Management Services is an ISO 9001:2015 certified service provider who handle client requirements in a professional manner to ensure the highest degree of customer satisfaction. Since inception, Rapid Fleet Management Services have consistently been providing solutions powered by our ownRapid Fleet Management Services fleet vehicles. Guided by a team of dedicated professionals with extensive expertise in logistics.  present in-house fleet strength is about 174 vehicles which comprise of various types of cargo trucks and trailers. 

Financial Summary (Annualised Basis)

Revenue :
115.59 Cr.

PAT :
8.07 Cr.

Rapid Fleet IPO Lead Manager(s)

Gretex Corporate Services Limited

Rapid Fleet IPO Registrar

Bigshare Services Private Limited

Rapid Fleet DRHP Details

Objects of issue

  • Purchase of Vehicles (Goods Carriages)
  • Working Capital Requirements
  • General Corporate Purposes

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FAQs

Rapid Fleet Management Services operates in Logistics and business of providing logistics services. The Issue would be listed on SME. The registrar of the Issue is Bigshare Services Private Limited. The IPO type of Rapid Fleet Management Services is Book Building Process and Object of issue is

  • Purchase of Vehicles (Goods Carriages)
  • Working Capital Requirements
  • General Corporate Purposes

The DRHP (Draft Red Herring Prospectus) of Rapid Fleet Management Services IPO was filed on 14 Aug 2024.

No, Rapid Fleet Management Services IPO is not yet listed. See other upcoming SME IPOs here.

The IPO open date and IPO close date of Rapid Fleet Management Services are not available now. You can apply in Rapid Fleet Management Services IPO online using either UPI or ASBA as a payment method. ASBA IPO application can be done through net banking of your bank account. UPI IPO application is also offered by brokers, though they don't handle any banking services.

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