₹ 115200
₹183- ₹192
600
₹
-0
25 Mar 2025
Download27 Mar 2025
28 Mar 2025
Application Details
Rapid Fleet IPO is a book built issue of Rs 43.87 crores. The issue is entirely a fresh issue of 22.85 lakh shares.
Rapid Fleet IPO bidding opened for subscription on March 21, 2025 and will close on March 25, 2025. The allotment for the Rapid Fleet IPO is expected to be finalized on Wednesday, March 26, 2025. Rapid Fleet IPO will be list on NSE SME with a tentative listing date fixed as Friday, March 28, 2025.
Rapid Fleet IPO price band is set at ₹183 to ₹192 per share. The minimum lot size for an application is 600. The minimum amount of investment required by retail investors is ₹1,09,800. But it is suggested to the investor to bid at the cutoff price to avoid the oversubscription senerio, which is about to ₹1,15,200. The minimum lot size investment for HNI is 2 lots (1,200 shares) amounting to ₹2,30,400.
About Rapid Fleet Management Services Limited (SME IPO)
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.
FAQ
IPO stands for "Initial Public Offering." It's the process through which a privately-held company becomes publicly traded by offering its shares to the general public and listing them on a stock exchange for trading. This allows the company to raise capital from investors and grants individuals and institutions the opportunity to invest in and own a portion of the company.
The life cycle of an IPO, or Initial Public Offering, begins with a company's decision to go public. It involves hiring underwriters, registering with regulatory authorities, determining the IPO price, marketing to investors, and the subscription period where investors place orders for shares. After allocation and listing, shares become publicly tradable, and the company enters the secondary market. Ongoing reporting and corporate governance are crucial as the company continues to operate as a publicly-traded entity. The IPO aims to raise capital for growth and provides investors with opportunities to trade shares in the company.
An IPO (Initial Public Offering) is when a private company goes public by selling shares to the public. Investors buy these shares, giving them ownership in the company. It's a way for companies to raise capital and expand. The process involves underwriters, regulatory filings, setting the IPO price, and marketing to investors. After the IPO, shares can be traded on a stock exchange. IPOs offer opportunities and risks, so investors should research and consider carefully.
"Upcoming IPOs" refers to initial public offerings that have been announced by private companies but have not yet occurred. These are companies that plan to go public in the near future by issuing shares to the public and listing them on a stock exchange. Investors often keep an eye on upcoming IPOs as they represent opportunities to invest in companies at their early stages of public trading, potentially capturing growth potential. These offerings are typically accompanied by significant media and investor attention as they approach their launch dates.