Rapid Fleet Management Services Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 931,200 (41%) | — | ₹1,788 Cr |
| NII (HNI) | — | 279,600 (12%) | — | ₹537 Cr |
| Retail | — | 652,200 (29%) | — | ₹1,252 Cr |
| Market Maker | — | 421,800 (18%) | — | ₹810 Cr |
| Σ Total | — | 2,284,800 (100%) | — | ₹43,868 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 600 | ₹115,200 |
| Retail (Max) | 13 | 7,800 | ₹1,497,600 |
| S-HNI (Min) | 14 | 8,400 | ₹1,612,800 |
| B-HNI (Min) | 67 | 40,200 | ₹7,718,400 |
Financial Statements Amount in ₹ Crore
| Metric | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue | 87 | 116 | 106 |
| Profit After Tax | 7 | 8 | 5 |
| Net Worth | 29 | 20 | 12 |
| Total Assets | 101 | 71 | 72 |
| Reserves & Surplus | 24 | 20 | 12 |
| Total Borrowing | 34 | 15 | 16 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Purchase of Vehicles (Goods carriages) – 13.00
- Working Capital Requirements – 19.12
- General Corporate Purposes –
Company Overview
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.
As of August 14, 2024, the company has 68 employees on payroll.
Competitive Strengths:
- Implementation of an integrated TMS - Digitify Book
- In house Vehicle Fleet and its Safety for smooth operations and delivery
- PAN India Transport
- Pride in catering to an esteemed clientele
- Dynamic Approach to Market Fluctuations
- Not compromising Quality Services