Rapid Fleet Management Services IPO

Issue period

Opens On: 21 Mar 2025

Closes On: 25 Mar 2025

Price band

₹ 183 to 192 per equity share

Bid lot

600 shares and in multiples thereof

APPLY NOW

Don't have a Sharekhan account?
Open demat account in 15 mins*!

More about the IPO Company details How to apply IPO online How does an IPO work?

More about the IPO

Issue size	Rs. 43.87 Cr
Price band	Rs. 183 to 192 per equity share
Bid lot	600 shares and in multiples thereof
Issue break-up	QIB - Rs. 17.88 Cr
	HNI - Rs. 5.37 Cr
	RET - Rs. 12.52 Cr
Registrar	Bigshare Services Pvt. Ltd.
Listing at	BSE

Company Details

Rapid Fleet Management Services Ltd is a Chennai based company engaged in the business of providing logistics services tailored to the diverse needs of our B2B and B2C clientele.

Their company is engaged in road transportation. Their process begins with order booking, followed by route planning to optimize efficiency. Each shipment is carefully matched with an appropriate vehicle, factoring in cargo specifics for safe transit. Whether loading from designated stops or their warehouse, their team ensures goods are secured for the journey ahead. Utilizing GPS, FAST-TAG SIM TRACKING navigation systems, they track and monitor every movement, providing real-time updates. Upon arrival at the destination, their unloading procedures guarantee safe delivery.

They own a fleet of trucks, as on date of filing of Red Herring Prospectus they own 226 Vehicles, which is been used by their company to provide logistics services. They serve a wide array of industries, including but not limited to Tyre, Logistics, Electronics, FMCG, Renewable, Durables, FNB, Chemicals. They pride ourselves on reliability and adaptability in meeting their clients' transportation needs. They are an ISO 9001:2015 certified service provider who handle client requirements in a professional manner to ensure the highest degree of customer satisfaction. Since inception, they have consistently been providing solutions powered by their own fleet vehicles. Guided by a team of dedicated professionals with extensive expertise in logistics. Their present in-house fleet strength is about 226 vehicles which comprise of various types of cargo trucks and trailers.

They have developed their own Mobile App which is being used for their entire flow of business process. To drive operational efficiency and scale the Company’s business for future growth, Company has implemented Digitify, an advanced Transport Management System (TMS) that seamlessly integrates with Tally and bank payment APIs. This comprehensive system offers a unified platform to manage crucial aspects such as order matching, order management, vendor management, and vendor risk management.

Log in to the Mirae Asset Sharekhan app and tap the hamburger menu.
Under the EQUITY dropdown option, tap IPO/OFS/BOND to land on the IPO dashboard.
Click on the Current IPO tab and select the IPO of your choice.
On the IPO application form that opens, fill in details like the Demat Account Number, Category of investor, number of lots you wish to invest in, the Cut-Off Price and others.
Now enter your UPI ID (make sure this UPI ID is connected to your Mirae Asset Sharekhan-mapped bank account) on the form.
Read and accept the Terms & Conditions and click on the SUBMIT button. Recheck the details on the order confirmation screen and confirm the order.
Once the exchange receives details about your bid, you will get a notification (IPO mandate request) on your UPI app and an SMS as well.
Log in to your UPI app and go to the pending mandates section.
Verify all the details once again and authenticate your bid amount by entering your UPI PIN.
Once done, the IPO application amount will be blocked and you will receive an SMS about the blocked Bid amount.

Note: The actual amount will be debited when the shares are allotted to you.

How to apply for an IPO on the Mirae Asset Sharekhan app

How to apply for an IPO on the Mirae Asset Sharekhan website

Log in to the Mirae Asset Sharekhan website and click the IPO & OTHERS menu option you see on the top-right.
From the list of Active IPOs, select the IPO of your choice
On the IPO application form that opens, fill in details like the Demat Account Number, Category of investor, number of lots you wish to invest in, the Cut-Off Price and others.
Now enter your UPI ID (make sure this UPI ID is connected to your Mirae Asset Sharekhan-mapped bank account) on the form. Read and accept the Terms & Conditions and click on the SUBMIT button.
Recheck the details on the order confirmation screen and confirm the order.
Once the exchange receives details about your bid, you will get a notification (IPO mandate request) on your UPI app and an SMS as well. Log in to your UPI app and go to the pending mandates section.
Verify all the details once again and authenticate your bid amount by entering your UPI PIN.
Once done, the IPO application amount will be blocked and you will receive an SMS about the blocked Bid amount.
Your IPO order will now appear on your Mirae Asset Sharekhan Order Book, from where you can modify or cancel your IPO bid if you so wish.

Note: The actual amount will be debited when the shares are allotted to you.

How does an IPO work?

An IPO offers share market participants like you and me an opportunity to be a shareholder in an erstwhile privately held company that is now going public and being listed on the market. Historically speaking, investors who choose the right IPOs make significant returns on their investments, which increases the attraction of IPOs.

Once you are a shareholder, you are eligible to receive dividends from the company proportional to the shares you own. You can also sell your stocks for profit on the stock exchange.

In exchange for its shares, the company has an opportunity to raise huge capital to be used to further enhance its business and scale up its operations. The company also has other benefits, such as credibility; visibility; better leverage to effect mergers, acquisitions and even to procure loans at lower rates of interest.

In India, the entire IPO process is ably regulated by the Securities & Exchange Board of India (SEBI), right from the IPO filing by the company to the bidding, allotments and refunds (in case you aren't allotted shares due to oversubscription).

IPO Calendar

List of IPOs

Active Infrastructures Ltd.

Price: 178 - 181 | IPO Lot Size: 600 | IPO Issue Size: NA
Open Date: 21 Mar 2025 | Close Date: 25 Mar 2025

Rapid Fleet Management Services IPO

Issue period

Price band

Bid lot

More about the IPO

Company Details

How to apply for an IPO on the Mirae Asset Sharekhan app

How to apply for an IPO on the Mirae Asset Sharekhan website

How does an IPO work?

IPO Calendar

List of IPOs

Active Infrastructures Ltd.

Rapid Fleet Management Services Ltd.

Grand Continent Hotels Ltd.

Desco Infratech Ltd.

ATC Energies System Ltd.

Shri Ahimsa Naturals Ltd.

Go Airlines (India) Ltd.

Identixweb Ltd.

Snapdeal Ltd.

National Securities Depository Ltd.

Lava International Ltd.

Navi Technologies Ltd

BMW Ventures Ltd.

VLCC Healthcare ltd

Oravel Stays Ltd.

Schloss Bangalore Ltd.

Seven Seaz Vacations Ltd.

Sunshine Pictures Ltd.

Wework India Management Pvt. Ltd.

Indogulf Cropsciences Ltd.

Innovision Ltd.

Viney Corporation Ltd.

Survival Technologies Ltd.

Onest Ltd.

Park Smart Solutions Ltd.

Netanalytiks Technologies Ltd.

Skill Tree Consulting Ltd.

Icon Facilitators Ltd.

Durgadevi Raiment Ltd.

Ultra Rich Weddings Ltd.

Repono Ltd.

Inductus Ltd.

Sugs Lloyd Ltd.

Spinaroo Commercial Ltd.

Valencia India Ltd.

Safecure Services Ltd.

Earthood Services Ltd.

Shanti Gold International Ltd.

Euro Pratik Sales Ltd.

Innovatiview India Ltd.

Speciality Molecules Ltd.

Star Agriwarehousing & Collateral Managment Ltd.

Deltatech Gaming Ltd.

Bluestone Jewellery And Lifestyle Pvt. Ltd.

Adcounty Media India Ltd.

Rachit Prints Ltd.

Corrtech International Pvt.Ltd.

Kalpataru Ltd.

Seedworks International Pvt.Ltd.

Balaji Solutions Pvt. Ltd.

VMS TMT Ltd.

B R Goyal Infrastructure Ltd (Old)

Ciel Hr Services Pvt Ltd

Course5 Intelligence Ltd

Euro Pratik Ispat (India) Private Ltd

Fujiyama Power Systems Pvt Ltd

Lcc Projects Pvt Ltd

Ganesh Consumer Products Ltd.

Shiva Pharmachem Ltd.

Wellness Forever Medicare Ltd.

Richesm Healthcare Ltd.

Anlon Healthcare Ltd.

Speciality Medicines Ltd.

Asston Pharmaceuticals Ltd.

Kent R O Systems Ltd.

Riddhi Display Equipments Ltd.

Hexaware Technologies Ltd.(Old)

LG Electronics India Ltd.

Imagine Marketing Ltd.