The Rapid Fleet IPO is scheduled to open on March 21, 2025, and will close on March 25, 2025. It follows a Book Built Issue format. The company aims to raise approximately ₹43.87 crores through the IPO, comprising a fresh issue of ₹43.87 crores. The IPO price band is set at ₹183 to ₹192 per share, with a retail investor allocation of 35%, QIB allocation of 50%, and HNI allocation of 15%. Rapid Fleet IPO is set to list on NSE on March 28, 2025, with the allotment date scheduled for March 26, 2025. Financially, the company reported revenue of ₹116.32 crores in 2024, up from ₹106.03 crores in 2023. The profit stood at ₹8.07 crores in 2024 compared to ₹4.71 crores in 2023. Based on the financial performance, the IPO presents a solid long-term investment opportunity.
Rapid Fleet IPO Details
Field
Value
est listing
192 (0%)
gain percentage
1.56%
gmp
--
ipo size
₹43.87 Cr
ipo title
Rapid Fleet NSE SME IPO
price
192
status
Listed
subscription
1.65x
Rapid Fleet IPO Dates
Field
Value
boa dt
26-Mar
close
25-Mar
listing
28-Mar
lot
600
open
21-Mar
Rapid Fleet IPO Financial Report
Rapid Fleet Management Services Limited has demonstrated strong financial growth over the years. The company reported revenue of ₹116.32 crores in 2024 compared to ₹106.03 crores in 2023. Profitability also increased, with a net profit of ₹8.07 crores in 2024, up from ₹4.71 crores in 2023.
Financial Year
2024
2023
Revenue
₹116.32
₹106.03
Expense
₹105.18
₹99.60
Profit After Tax
₹8.07
₹4.71
About Rapid Fleet IPO
Rapid Fleet Management Services Limited, founded in 2006, is engaged in offering logistics and road transportation services specialized for B2B and B2C clients. As of August 14, 2024, the company owns 174 trucks and provides logistics services across various industries including Tyre, Logistics, Electronics, FMCG, Renewable Energy, Durables, FNB, and Chemicals. The company has also developed its own mobile application to streamline its business operations and enhance customer experience. Rapid Fleet focuses on offering end-to-end supply chain solutions with an emphasis on customized logistics services, full-load and partial-load cargo delivery, and customer satisfaction.
