Rapid Fleet IPO GMP & Review: Apply or Avoid?

Rapid Fleet IPO is open for bidding on 21st March 2025. It is a book-built issue consisting of a fresh issue of 22,84,800 shares worth Rs 43.87 crore. The issue will be listed on NSE and SME on its tentative listing date, 28th March 2025. 

Rapid Fleet IPO Details 

Rapid Fleet IPO date is fixed between 21st March 2025 and 25th March 2025. The face value of Rapid Fleet Management Services Limited shares stands at Rs 10 per share, and the IPO price band is fixed between Rs 183 to Rs 192 per share. 

Bigshare Services Private Limited is the registrar of Rapid Fleet IPO and is responsible for managing the allotment process and initiating refunds. Download Rapid Fleet IPO RHP, or check out the IPO details in the table below. 

Also Read: Rapid Fleet IPO GMP Updates: Check Key Details Here

Rapid Fleet IPO Share Reservation

Rapid Fleet IPO is a book-built issue of 22,84,800 shares worth Rs 43.87 crore. Rapid Fleet Management Services Limited shares will be listed on NSE and SME. Furthermore, the SEBI has specified the share reservation criteria for different investors’ categories. 

Note: QIB (Qualified Institutional Buyers), NII (Non-Institutional Investors), sNII (Small Non-Institutional Investors), bNII (Big Non-Institutional Investors). 

Rapid Fleet IPO GMP Grey Market Premium

GMP is the gap between the price band of the issue and the price at which company shares are currently trading in the grey market. Do you want to get live updates on Rapid Fleet IPO GMP? If yes, then you’ve reached the right spot. Check the table below to learn about the GMP trends.

As of now, on 20th March 2025, Rapid Fleet IPO GMP stands at Rs 0 per share, which means the share will likely be listed at Rs 192 (192+0) on its tentative listing date, 28th March 2025. 

GMP data is subject to change based on market trends and sentiments. You should check the live GMP status before applying for the Rapid Fleet IPO. Stay informed with Univest to know about real-time insights on IPOs and their GMP trends. 

Rapid Fleet IPO Review

Check out the detailed Rapid Fleet IPO review for a thorough understanding of its potential to report listing gains on 28th March 2025. The Rapid Fleet IPO review below will help you invest effectively to avoid significant losses. Explore more to make informed investment decisions on this IPO. 

Financial Health

Assess a company’s financial performance to know about its ability to sustain a competitive edge. Thus, it is essential to understand the growth margins and declines of the business financials before applying for any IPO.

During FY23-24, the revenue of Limited stood at Rs 106.03 crore, which was increased by 9.40% to Rs 116.32 crore. On the other hand, the PAT of the company was raised by 71.33% from Rs 4.71 crore to Rs 8.07 crore.

Rapid Fleet Management Services Limited has shown consistent revenue growth, indicating that the company is financially stable. Moreover, the brokers, investors, and RAs have a positive outlook for Rapid Fleet IPO for its tentative listing day, which is 28th March 2025.  

Technical Analysis

A number of technical indicators are available to assess a company’s potential to deliver returns. Use the parameters mentioned below to analyse the technicals of Rapid Fleet IPO.

The PE ratio of Rapid Fleet Management Services Limited shares is 12.25, and its Earnings Per Share (EPS) stands at 15.67. The Rapid Fleet IPO can potentially deliver gains on its tentative listing date, 28th March 2025. 

Rapid Fleet Management Services Limited Peer Comparison

Note: The data as mentioned above is taken from authentic sources and highlights pre-issue information. PE ratio and EPS of Rapid Fleet Management Services Limited are subject to change after the IPO. Explore the table below to get post-issue updates on these two metrics. 

Rapid Fleet IPO Subscription Status

Rapid Fleet IPO is now open for bidding on 21st March 2025. The subscription status for this IPO is yet to be announced. Stay informed on this passage to check the live Rapid Fleet IPO Subscription Status. 

About Rapid Fleet Management Services Limited

Rapid Fleet Management Services Limited was incorporated in 2006 and specialised in offering comprehensive logistics and road transport services in both B2B and B2C segments. Post to significant expansion, company is currently managing a fleet of 200+ vehicles to serve diverse industries such as FMCG, electronics, and automobile. Here are the major competitive strengths of Rapid Fleet Management Services Limited. 

• PAN India Transportation.
• Prioritise Quality Services.
• Dynamic Reactions to Market Fluctuations.
• In-house vehicle fleet. 
• Integrated TMS- Digtify Book.

Rapid Fleet Management Services Limited Financials

The company’s financial analysis is essential before applying for the Rapid Fleet IPO. Look at the table to learn about Rapid Fleet Management Services Limited’s financials. 

Explanation

Rapid Fleet Management Services Limited’s revenue rose 9.40% to Rs 106.03 crore in March 2023 and Rs 116.32 crore in March 2024. Moreover, the company’s PAT increased by 71.33% from Rs 4.71 crore to Rs 8.07 crore. 

Rapid Fleet IPO Bidding Requirements

Rapid Fleet IPO has reserved lot sizes to be applied by different investor categories. Look at the table below to know about the requirements to be fulfilled for applying for this IPO. 

Rapid Fleet IPO Promoter Holdings

Have a look at the table below to check about the holdings of Rapid Fleet Management Services Ltd’s promoters: Mr Anand Poddar and Ms Shruti Poddar. 

Note: Promoter Holdings’ value is to be calculated using Equity dilution, which represents the gap between shareholdings before and after the Issue. 

Aim of Rapid Fleet IPO

The primary aim of Rapid Fleet IPO is to raise Rs 43.87 crores. On the other hand, Rapid Fleet Management Services Limited has decided to utilise these funds in different practices. Explore some of the secondary objectives for Rapid Fleet IPO.

• Purchase of vehicles for goods carriages. 
• To meet working capital requirements.
• To meet general corporate purposes. 

Should I Invest in Rapid Fleet IPO?

“The company is engaged in providing tailor made logistics services on B2B and B2C model. While it posted inconsistency in its top lines for the reported periods, it marked jump in bottom lines from FY24 onwards. Based on its super earnings from FY24 onwards, the IPO appears aggressively priced. There is no harm in skipping this ”High Risk/Low Return” pricey bet.” ~ Dilip Davda (Editor at Chittorgarh Infotech Private Limited)

Explore the pros and cons of Rapid Fleet IPO to know whether you should apply or avoid the issue. These pros and cons might help you know about the IPO’s efficiency in delivering profits in the coming decades. 

Pros of Rapid Fleet IPO

• Consistent Increase in YoY revenue.
• Rise in PAT margin. 

Cons of Rapid Fleet IPO

• Inconsistency in top lines.
• Aggressive competition.
• Avoid ratings.

How to Apply for Rapid Fleet IPO?

Check the steps mentioned below to apply for Rapid Fleet IPO. 

• Step 1: Conduct thorough research on Rapid Fleet IPO GMP, subscription status, issue size, lot size, and other details. 
• Step 2: Open a demat account on Univest to learn about real-time insights on GMP and subscription status. You can also use your previous demat account by navigating to the IPO section. 
• Step 3: Make a bid for one lot of 600 shares worth Rs 1,15,200 of Rapid Fleet IPO.   
• Step 4: You will receive a mandate request after making a bid. Approve the request to proceed further.    

Note: You can apply for Rapid Fleet IPO from more than one demat account to increase your allotment chances. 

How to Check Rapid Fleet IPO Allotment Status?

You can check for Rapid Fleet IPO allotment in different ways. These include NSE and the registrar portal. Look at the steps mentioned below to check your allotment status online.

Check On NSE

• Visit the NSE Official Website.
• Navigate to the IPO Allotment Section. 
• Select Equity as the issue type. 
• Choose Rapid Fleet IPO.  
• Choose whether to proceed with the PAN number or application number.
• Submit your details to get the allotment status online. 

Check On the Registrar Portal

• Visit the registrar portal. 
• Click on the allotment option.
• Fill in the required details.
• Click on the submit button to know your Rapid Fleet IPO allotment status.

Let’s Wrap

Rapid Fleet IPO is the fixed price issue of 22,84,800 shares worth Rs 43.87 crores. The shares of Rapid Fleet Management Services Limited will be listed on NSE and SME on its tentative listing date of 28th March 2025. Researching Rapid Fleet IPO GMP and reviews is highly suggested to book your ideal profitability. Brokers and investors suggested avoiding this book-built issue IPO and highlighted its pros and cons. This IPO’s benefits include an increase in profit after tax and constant revenue growth. Moreover, this IPO has some consequences, like inconsistency in top lines and aggressive competition. 

Open a demat account on Univest now to initiate your investment journey!

FAQs on Rapid Fleet IPO

1. How is Rapid Fleet IPO?

Ans. Currently, on 20th March 2025, Rapid Fleet IPO GMP (Grey Market Premium) stands at Rs 0 (0.00 % up). It indicates that the estimated listing price could be Rs 192 per share. It is entirely a fresh issue of 22,84,800 shares worth Rs 43.87 crore. The IPO price band is set between Rs 183 to Rs 192 per share, and the face value of each share is Rs 10. 

2. What is Rapid Fleet IPO price?

Ans. Rapid Fleet IPO price band has been set at Rs 183 to Rs 192 per share. Retail investors can apply for a minimum and maximum of 1 lot consisting of 600 shares worth Rs 1,15,200. Moreover, HNIs are required to bid for a minimum of 2 lots (1,200 shares) worth Rs 2,30,400. 

3. Is Rapid Fleet IPO good?

Ans. During FY23-24, the revenue of Limited stood at Rs 106.03 crore, which was increased by 9.40% to Rs 116.32 crore. On the other hand, the PAT of the company was raised by 71.33% from Rs 4.71 crore to Rs 8.07 crore. Rapid Fleet IPO has gained a negative rating from industry experts, brokers and institutional investors. They claim there is no harm in skipping this IPO as the company faced inconsistency in its top lines. 

4. Who is the registrar of the Rapid Fleet IPO?

Ans. Bigshare Services Private Limited is the registrar of Rapid Fleet IPO, awaiting to manage the IPO allotment procedure and refund initiation. For any query regarding Rapid Fleet IPO allotment and refund, you can contact Bigshare Services Private Limited at investor@bigshareonline.com or +91-22-6263 8200 or +91-22-6263 8299. 

What is the issue size of the Rapid Fleet IPO? 

Ans. Rapid Fleet IPO is the book-built issue for 22,84,800 shares worth Rs 43.87 crore. It is entirely a fresh issue of 22,84,800 shares. Moreover, the IPO is set to open on 21st March 2025 and will be closed on 25th March 2025. 

Disclaimer: The above information is accumulated from authentic sources and is just for informational purposes. To have detailed information about the Rapid Fleet IPO, download the Rapid Fleet IPO RHP and Rapid Fleet IPO DRHP. Conduct your own research before investing in IPOs to avoid significant losses. You can also consult your financial advisor.

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