IPO Details
Bidding Dates
21 Mar 25 - 25 Mar 25
Price Range ₹
183 - 192
Total Equity
₹ 43.87Cr
Lot Size
600
Exchange Status
NSE
IPO Doc
Subscription Rate
Non-Institutional Investor
0.00×
Qualified Institutional Buyers
0.00×
Employees
0.00×
Retail Investors
0.00×
Total subscription Rate
0.00×
IPO Timeline
Listing
--
Offer start
21 Mar 2025
Offer end
25 Mar 2025
Allotment
26 Mar 2025
Refund initiation
27 Mar 2025
Demat transfer
27 Mar 2025
Listing
--
Offer start
21 Mar 2025
Offer end
25 Mar 2025
Allotment
26 Mar 2025
Refund initiation
27 Mar 2025
Demat transfer
27 Mar 2025
About Company
Incorporated in 2006, Rapid Fleet Management Services Limited specializes in comprehensive logistics and road transportation solutions for both B2B and B2C clients. The company has significantly expanded its operations and currently manages a fleet of over 200 vehicles, serving industries such as FMCG, automobiles, and electronics. To enhance efficiency, the company has developed its own mobile app, enabling 24/7 operations and streamlining processes like e-bidding, portal RFQs, e-POD, invoicing, and customer TMS management. services include full or partial load transport, providing cost-effective and efficient solutions for goods and raw materials with timely deliveries and flexible logistics. the company also offers exim services, handling customs clearance, optimized logistics, and cross-border transportation, connecting ports with production facilities for seamless delivery. additionally, the company has expanded into renewable energy logistics, specializing in the transport of wind turbine generators (wtg). it has invested in extendable telescopic trailers to efficiently move large wind turbine blades. as of august 14, 2024, the company employs 68 people.
Year Founded
26-12-2017
Promotor Details
Promoter Holdings Details
| Particular | Pre-IPO | Post-IPO |
|---|---|---|
| Percentage | 97.5 | 67.54 |
| Share Capital | 5021500 | 5021500 |
Offer to Public
22,84,800.00 Cr
Project Details
- Purchase of Vehicles (Goods carriages) - 130.237cr
- Working Capital Requirements - 367.83cr
Objectives
- a) Purchase of Vehicles (Goods Carriages).b) Working Capital Requirements.c) General Corporate Purposes.
Highlights
- Implementation of an integrated TMS (Digitify Book) enhances efficiency and streamlines logistics operations.
- Own vehicle fleet with a strong focus on safety ensures smooth operations and reliable deliveries.
- Extensive PAN-India transport network enables seamless nationwide logistics coverage.
- Strong relationships with an esteemed clientele reflect trust and service excellence.
- A dynamic approach to market fluctuations ensures adaptability without compromising service quality.
Challenges
- Dependence on the road network makes operations vulnerable to disruptions caused by political unrest, adverse weather, natural calamities, driver fatigue, or accidents, leading to increased maintenance and operational costs.
- Regulatory challenges require multiple statutory approvals, and any delays or failure to obtain them could negatively impact business operations.
- Rising operational expenses, including fuel costs, toll charges, and lorry hire charges, may reduce profitability if these costs cannot be passed on to customers.
- Economic volatility, fluctuations in freight rates, and changes in government policies related to logistics and transportation could affect revenue and financial stability.
- Cybersecurity risks, including potential breaches in digital systems, could disrupt operations and compromise sensitive business data.
