Rapid Fleet Management Services
IPO Timeline
Issue open date
21 Mar 2025Issue close date
25 Mar 2025UPI mandate deadline
25 Mar 2025Allotment finalization
26 Mar 2025Refund initiation
27 Mar 2025Share credit
27 Mar 2025Listing date
28 Mar 2025Mandate end date
9 Apr 2025Lock-in end date for anchor investors (50%)
24 Apr 2025Lock-in end date for anchor investors (remaining)
24 Jun 2025Key Dates
Quick Stats
About the Company
Incorporated in 2006, Rapid Fleet Management Services is a Chennai-based logistics provider catering to both B2B and B2C clients with a focus on road transportation. Operations include order booking, route optimization, and vehicle selection based on cargo requirements, ensuring secure loading from warehouses or designated stops. Shipments are monitored in real-time using GPS and FAST-TAG SIM tracking for transparency and efficiency. With a fleet of 226 vehicles, the company serves industries such as Tyres, Logistics, Electronics, FMCG, Renewable Energy, Durables, F&B, and Chemicals. As an ISO 9001:2015 certified provider, it ensures professionalism and customer satisfaction. Services include Full or Partial Load transport, Exim Services, and Renewable Transportation, with a strong presence in the tire manufacturing sector.
Strengths
- Integrated TMS for efficient operations
- Real-time tracking with GPS and FAST-TAG
- Strong fleet of 226 vehicles
- ISO 9001:2015 certified for quality service
Risks
- Business relies on uninterrupted road network access.
- Failure to obtain regulatory approvals may impact operations.
- Ongoing legal proceedings may affect business and finances.
- Heavy revenue dependence on Full Load and Exim Services.
Rapid Fleet Management Services IPO – Frequently Asked Questions
- The price band for the Rapid Fleet Management Services IPO is set at ₹183 to ₹192 per share.
- The Rapid Fleet Management Services IPO opens on March 21, 2025 and closes on March 25, 2025.
- The tentative listing date for the Rapid Fleet Management Services IPO is March 28, 2025.
- You can apply for the Rapid Fleet Management Services IPO via your broker or bank using ASBA or UPI. Log in to your trading app (Zerodha, Upstox, Groww, etc.), select IPO section, choose Rapid Fleet Management Services, enter lot quantity and UPI ID, then approve the mandate.
- The lot size for the Rapid Fleet Management Services IPO is 600 shares. Investors must apply for at least one lot (i.e., 600 shares).