Rapid Fleet Management Services Ltd

Rapid Fleet Management Services Ltd IPO

Rapid Fleet Management Services Ltd IPO Price Range is ₹183 - 192, with a minimum investment of ₹1,15,200 for 600 shares.

₹1,15,200

/ 600 shares

Minimum Investment

View Rapid Fleet Management Services Ltd IPO details including price range, minimum investment, lot size, financials, and IPO timeline. Get subscription updates, peer comparison, and key insights to help you make an informed decision.

IPO Status

Closed

Price Band

₹183 - 192

Open Date

2025-03-21

Close Date

2025-03-25

IPO Size

₹43.87 Cr

Lot Size

600 shares

Min Investment

₹1,15,200

Listing Exchange

NSE

Rapid Fleet Management Services Ltd IPO Application Timeline

passed
Open Date21 Mar 2025
passed
Close Date25 Mar 2025
passed
Allotment Date26 Mar 2025
passed
Listing Date28 Mar 2025

IPO Subscription Status

IPO subscribed over

🚀 1.492x

This IPO has been subscribed by 0.814x in the retail category and 1.071x in the QIB category.

Subscription Rate

Total Subscription1.492x
Retail Individual Investors0.814x
Qualified Institutional Buyers1.071x
Non Institutional Investors5.887x
NameRapid Fleet Management Services Ltdx

Strengths and Risks

Strengths

Strengths

  • Implementation of an integrated TMS - Digitify Book.

  • In house Vehicle Fleet and its Safety for smooth operations and delivery.

  • Supply Chain Efficiency.

  • PAN India Transport.

  • Pride in catering to an esteemed clientele.

  • Dynamic Approach to Market Fluctuations.

  • Not compromising Quality Services.


Risks

Risks

  • The company business is dependent on the road network and its ability to utilize the company vehicles in an uninterrupted manner. Any disruptions or delays in this regard could adversely affect it and lead to a loss of reputation and/ or profitability.

  • The company business is operating under various laws which require it to obtain approvals from the concerned statutory/regulatory authorities in the ordinary course of business and its inability to obtain, maintain or renew requisite statutory and regulatory permits and approvals for the company business operations could materially and adversely affect its business, prospects, results of operations and financial condition.

  • There are outstanding legal proceedings involving the Company, Promoters and Directors. Any adverse decision in such proceedings may have a material adverse effect on its business, results of operations and financial condition.

  • Significant dependence of revenue on Full Load and Exim Services and impact of lack of experience in renewable transportation services.

  • Majority of its revenues are generated from the State of Tamil Nadu Any adverse development affecting the company operations in this region could have an adverse impact on its business, financial condition and results of operations.

  • The company inability to pass on any increase in operating expenses, particularly fuel costs, to its customers which may adversely affect the company business and results of operations.

  • Claims relating to loss or damage to cargo, personal injury claims or other operating risks that are not adequately insured may adversely affect its business, results of operations and financial condition.

  • Its Registered Office is not owned by the company. The same is occupied by it on a rental basis. Disruption of its rights as tenant or termination of the agreements with the company landlord would adversely impact its operations and, consequently, the company business.

  • The company relies on third party service provider for setting and maintenance of the Digitify TMS platform to handle the complete lifecycle of full truck operations, from indent creation to invoicing and any shortcomings in the services they offer could have an impact on the Companys operations.

  • Its business is highly dependent on technology and any disruption or failures of the company technology systems may affect its operations.

How to Apply for Rapid Fleet Management Services Ltd IPO on INDmoney

1

Download the INDmoney app and complete your KYC to open an account.

2

Go to the INDstocks section and tap on IPO, or search for ‘IPO’.

3

Select Rapid Fleet Management Services Ltd IPO from the list of live IPOs.

4

View key details like price band, lot size, and dates, then tap ‘Apply Now’.

5

Choose the number of lots and place your order via UPI.

6

Your funds will be blocked until the share allotment is finalized.

About Rapid Fleet Management Services Ltd

We are a Chennai based company who provides road transportation logistics services tailored to the diverse needs of our B2B and B2C clientele. Our 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, our team ensures goods are secured for the journey ahead. Utilizing GPS, FASTTAG 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.

Frequently Asked Questions of Rapid Fleet Management Services Ltd IPO

What is the size of the Rapid Fleet Management Services Ltd IPO?

The size of the Rapid Fleet Management Services Ltd IPO is ₹43.87 Cr.

What is the allotment date of the Rapid Fleet Management Services Ltd IPO?

Rapid Fleet Management Services Ltd IPO allotment date is Mar 26, 2025 (tentative).

What are the open and close dates of the Rapid Fleet Management Services Ltd IPO?

The Rapid Fleet Management Services Ltd IPO will open on Mar 21, 2025 and close on Mar 25, 2025

What is the lot size of Rapid Fleet Management Services Ltd IPO?

The lot size for the Rapid Fleet Management Services Ltd IPO is 600.

When will my Rapid Fleet Management Services Ltd IPO order be placed?

Your Rapid Fleet Management Services Ltd IPO order will be placed on Mar 21, 2025

Can we invest in Rapid Fleet Management Services Ltd IPO?

Yes, once Rapid Fleet Management Services Ltd IPO opens, you can invest in the shares of the company.

What would be the listing gains on the Rapid Fleet Management Services Ltd IPO?

The potential listing gains on the Rapid Fleet Management Services Ltd IPO will depend on various market factors and cannot be predicted with certainty.

What is 'pre-apply' for Rapid Fleet Management Services Ltd IPO?

'Pre-apply' for Rapid Fleet Management Services Ltd IPO indicates your interest in the IPO before it opens for subscription. This ensures quick application when the IPO goes live.