Rapid Fleet Management Services Limited SME IPO

Issue Size (Net)

up to Rs.43.87 Cr

Price Band

Rs.183 to Rs.192 per share

Issue Opens

March 21, 2025

Issue Closes

March 25, 2025

Company Highlights Financials Highlights Issue Details Prospectus

Company Highlights

1.Company Information

Incorporated in 2006, Rapid Fleet Management Services Limited is specializes in providing comprehensive logistics and road transportation services tailored to both B2B and B2C clients. The company has expanded its operations significantly, currently managing a fleet of over 200 vehicles. They serve a diverse range of industries, including FMCG, automobile, and electronics sectors. The company developed its own mobile app to streamline business processes, ensuring 24/7 operations. It focuses on client compliance through e-bidding, portal RFQs, e-POD, invoicing, and customer TMS management.
Services:
Full or Partial Load: The company offers Full and Partial Load services, ensuring efficient, cost-effective transport of goods and raw materials. It supports seamless logistics, timely deliveries, and flexible solutions for diverse cargo needs.
Exim Services: The company provides comprehensive Exim services, handling efficient customs clearance, optimized logistics, and cross-border transactions. It specializes in inland transport, connecting ports, production facilities, and ensuring timely delivery of goods.
Renewable Transportation Services: The company has expanded into the renewable energy logistics sector, specializing in transporting Wind Turbine Generators (WTG). It invested in extendable telescopic trailers to efficiently move large wind turbine blades. As of August 14, 2024, the company has 68 employees on payroll.

2. Strenghts

1) Implementation of an integrated TMS - Digitify Book
2) In house Vehicle Fleet and its Safety for smooth operations and delivery
3) PAN India Transport
4) Pride in catering to an esteemed clientele
5) Dynamic Approach to Market Fluctuations
6) Not compromising Quality Services

3. Objects of the Issue

The Company Rapid Fleet IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
S.No. Objects of the Issue Expected Amount (in Millions)
1. Purchase of Vehicles (Goods carriages) 130
2. Working Capital Requirements 191.2
3. General Corporate Purposes

4.Rapid Fleet Management Services Limited IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html

Rapid Fleet Management Services Limited IPO Financials

Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Aug-24	95.28	54.85	4.15	39.15	21.31	35.58
31-Mar-24	88.48	151.68	6.04	35	17.17	33.22
31-Mar-23	96.83	144.64	6.09	28.97	20.05	26.32
31-Mar-22	82.35	124.12	3.19	22.86	16.92	19.88
Amount in Rs. Crore

Rapid Fleet Management Services Limited IPO Details

Issue Opening Date	March 21, 2025
Issue Closing Date	March 25, 2025
Face Value	Rs.10 per share
Price	Rs.183 to Rs.192 per share
Lot Size	600 Shares
Issue Size	22,84,800 shares (aggregating up to Rs.43.87 Cr)
Fresh Issue	22,84,800 shares (aggregating up to Rs.43.87 Cr)
Issue Type	Book Built Issue IPO
Listing At	NSE SME

Rapid Fleet Management Services Limited IPO Timeline

Event	Tentative Date
Opening Date	Fri, Mar 21, 2025
Closing Date	Tue, Mar 25, 2025
Basis of Allotment	Wed, Mar 26, 2025
Initiation of Refunds	Thu, Mar 27, 2025
Credit of Shares to Demat	Thu, Mar 27, 2025
Listing Date	Fri, Mar 28, 2025
Cut-off time for UPI mandate confirmation	5 PM on March 25, 2025