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Rapid Fleet Management Services Limited IPO

Rapid Fleet Management Services Limited

Issue Open

Mar 21, 2025

Price Band

₹ 183 to ₹ 192 per share

Issue Size

43.87 Cr

Credit of Shares to Demat

Mar 27, 2025

Issue Close

Mar 25, 2025

Bid Lot

Listing Exchange

NSE SME

Cut off time for UPI Mandate Confirmation

Mar 25, 2025 05:00 PM

Issue Type

Book build offer

Minimum Order Quantity

Allotment Details

Mar 26, 2025

Face Value

Rs 10/- per share

Listing On

Mar 28, 2025

Refunds

Mar 27, 2025

About the company:

Rapid Fleet Management Services Limited, based in Chennai, India, is a leading logistics solutions provider specializing in road transportation for both B2B and B2C clients. With a fleet of 174 trucks, the company serves diverse industries, including tyres, FMCG, electronics, chemicals, and renewable energy.

Offering Full and Partial Load, Exim, and Renewable Transportation Services, the company ensures efficient cargo movement using GPS tracking, FAST-TAG, and SIM tracking technology. As an ISO 9001:2015 certified provider, it prioritizes safety, reliability, and compliance.

The company leverages an in-house mobile app for real-time logistics management, supporting e-bidding, portal invoicing, and customer TMS integration. Expansion into renewable energy logistics, particularly wind turbine transportation, strengthens its position in the evolving logistics landscape.

With a vision to lead the logistics sector through innovation and efficiency, Rapid Fleet Management Services continues to optimize supply chains, enhance operational efficiency, and deliver seamless transportation solutions across India.

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