Rapid Fleet IPO GMP: Should You Apply in 2025?

Rapid Fleet IPO GMP is now available for the investors awaiting to invest with diversification. Rapid Fleet IPO will open for bidding on 21st March 2025 and close on 25th March 2025. It is a book-built issue consisting of a fresh issue of 22,84,800 shares worth ₹43.87 crore. The price band for Rapid Fleet IPO is set between ₹183 to ₹192 per share. Investors can bid for a minimum lot of 600 shares worth ₹1,15,200. 

Rapid Fleet IPO Details

Explanation

Rapid Fleet IPO price: The company has declared a price band of ₹183 to ₹192. With this IPO, the company allows retail investors to bid for at least one lot of 600 shares worth ₹1,15,200. The face value of Rapid Fleet Ltd.’s share is ₹10 per share. The shares of Rapid Fleet Ltd, a logistics service provider, will be listed on NSE & SME on its tentative listing day, 28th March 2025. Scroll down to check GMP updates and Rapid Fleet IPO reviews. 

Rapid Fleet IPO GMP Grey Market Premium

As of 20th March 2025 (9:14:20 AM), Rapid Fleet IPO GMP stands at ₹0 per share. Thus, the estimated listing price would be ₹192 (192+0). This indicates that the estimated listing gain in this IPO could be 0.00%. However, Rapid Fleet IPO GMP details are subject to change on the basis of market conditions and fluctuations. Explore the table below to learn about Rapid Fleet IPO GMP updates in the past few days. 

Objectives of Rapid Fleet IPO

Rapid Fleet Management Services Limited proposed to utilise the proceeds from the fresh issue of the IPO in the following objectives. 

• Repayment of borrowings. 
• General corporate purposes. 
• Purchase of vehicles for goods carriages.

Rapid Fleet IPO Registrar 

Rapid Fleet IPO will open on 21st March 2025 to raise ₹43.87 crore. Bigshare Services Private Limited is the registrar and is awaiting to manage allotment and refund procedures. Moreover, Gretex Corporate Services Limited is the book-running lead manager of this IPO.

Rapid Fleet IPO Review

Rapid Fleet IPO has gained a negative rating from industry experts, brokers, and institutional investors. During FY23-24, the revenue of Limited stood at ₹106.03 crore, which was increased by 9.40% to ₹116.32 crore. On the other hand, the PAT of the company was raised by 71.33% from ₹4.71 crore to ₹8.07 crore. 

Most analysts recommended avoiding this IPO to safeguard your diversifier investment portfolio in the stock market. However, we’re waiting for further ratings to have a better idea and will keep posting them to deliver real-time insights. Till then, you can explore the technical analysis and peer comparison of the company to know whether you should apply for this IPO or not.

Rapid Fleet IPO Technical Analysis

The PE ratio of Rapid Fleet IPO is valued at 12.25. Moreover, it is the pre-issue PE ratio. The post-issue PE ratio would be 17.86. 

Rapid Fleet IPO Peer Comparison

FAQs on Rapid Fleet IPO 

How is Rapid Fleet IPO GMP?

Ans. Currently, on 20th March 2025, Rapid Fleet IPO GMP (Grey Market Premium) stands at ₹0 (0.00 % up). It indicates that the estimated listing price could be ₹192 per share. It is entirely a fresh issue of 22,84,800 shares worth ₹43.87 crore.

What is the price of Rapid Fleet IPO?

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

Who is the registrar of 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. 

Disclaimer: The above information is accumulated from authentic sources and is just for informational purposes. To have detailed information about 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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Disclaimer: This is for general information and education purposes only. The Securities quoted (if any) are for illustration only and are not recommendatory. Past performance does not guarantee any future returns. Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.