Rapid Fleet Management Services IPO
smelistedAbout the company
Rapid Fleet Management Services, based in Chennai, offers tailored logistics solutions for B2B and B2C clients. With a fleet of 226 vehicles, including trucks and trailers, the company ensures secure, efficient transportation using GPS and FAST-TAG SIM TRACKING. Serving diverse industries like FMCG, electronics, and renewable energy, Rapid Fleet utilizes the Digitify Transport Management System to streamline operations and enhance efficiency. Committed to innovation, the company aims to provide transparent, reliable services and customized solutions to meet client needs.
Strengths
Risks
Financial performance (₹ Cr)
Subscription breakup (final, times)
IPO Roadmap / Timeline
IPO Opens
Completed21 Mar 2025Bidding starts for all investor categories
IPO Closes
Completed25 Mar 2025Last day to place your bid
Basis of Allotment
Completed26 Mar 2025Share allotment finalised
Refund Initiation
Completed27 Mar 2025Refunds credited for non-allottees
Credit to Demat
Completed27 Mar 2025Allotted shares credited to demat account
Listing on Exchange
Completed28 Mar 2025Shares list on NSE / BSE
Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.
Lot size & minimum investment
| Investor Type | Min Lots | Min Shares | Min Amount | Max Lots | Max Amount | Notes |
|---|---|---|---|---|---|---|
| Retail / Individual | 1 | 600 | ₹115,200 | 1 | ₹115,200 | 1 lot only |
| HNI | 2 | 1200 | ₹230,400 | 2 | ₹230,400 | Min 2 lots |
Shares reserved per category & allotment probability
| Category | Reservation | Shares Offered | Amount (₹ Cr) | Shares Bid | Subscribed | Allotment % |
|---|---|---|---|---|---|---|
| QIB | 50% | 1,146,667 | 21.5 | 0 | 0.00x | 100% |
| NII | 15% | 344,000 | 6.45 | 0 | 0.00x | 100% |
| Retail | 35% | 802,667 | 15.05 | 0 | 0.00x | 100% |
Retail is a lottery-based allotment when oversubscribed; QIB/NII get pro-rata. Probability ≈ 1 / subscription times (100% if under-subscribed).
