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Open
21 Mar 2025
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Close
25 Mar 2025
3
Allotment
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Listing
Fri, Mar 28, 2025
Price Band
₹183 to ₹192
Issue Size
22,84,800 shares (agg. up to ₹44 Cr)
Lot Size
600 Shares
Listing Date
Fri, Mar 28, 2025
Latest GMP
₹0
Est. Gain
0%
✦ AI Insight
GMP Trend
28-03-2025₹0Est. ₹192+0%
27-03-2025₹0Est. ₹192+0%
26-03-2025₹0Est. ₹192+0%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.45x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 101.30 | 70.66 | 71.81 | 75.37 |
| Total Income | 87.39 | 116.32 | 106.03 | 114.02 |
| Profit After Tax | 7.01 | 8.07 | 4.71 | 3.40 |
| NET Worth | 28.89 | 20.15 | 12.08 | 7.41 |
| Reserves and Surplus | 23.74 | 20.05 | 11.98 | 7.31 |
| Total Borrowing | 34.07 | 14.93 | 15.79 | 27.43 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Paradeep Parivahan Ltd. | SME | ₹44.86 Cr | ₹98 | 7.4 | ₹82.32 | -16.00% | ₹296.25 |
| PDP Shipping & Projects Ltd. | SME | ₹12.65 Cr | ₹135 | 11.89 | ₹102.85 | -23.81% | ₹51.10 |
| Tejas Cargo India Ltd. | SME | ₹105.84 Cr | ₹168 | 22.35 | ₹168.00 | +0.00% | ₹392.00 |
| GB Logistics Commerce Ltd. | SME | ₹25.07 Cr | ₹102 | 12.03 | ₹81.75 | -19.85% | ₹23.81 |
| Pranik Logistics Ltd. | SME | ₹22.47 Cr | ₹77 | 15.33 | ₹82.95 | +7.73% | ₹44.40 |
| Deccan Transcon Leasing Ltd. | SME | ₹65.06 Cr | ₹108 | 15.72 | ₹110.25 | +2.08% | ₹20.50 |
| Rapid Multimodal Logistics Ltd. | SME | ₹8.49 Cr | ₹84 | 13.12 | ₹108.10 | +28.69% | ₹136.00 |
| Brace Port Logistics Ltd. | SME | ₹24.41 Cr | ₹80 | 13.49 | ₹159.60 | +99.50% | ₹55.95 |
| Afcom Holdings Ltd. | SME | ₹73.83 Cr | ₹108 | 14.33 | ₹215.45 | +99.49% | ₹1,637.20 |
| Ashapura Logistics Ltd. | SME | ₹52.66 Cr | ₹144 | 11.54 | ₹175.75 | +22.05% | ₹60.50 |
| Premier Roadlines Ltd. | SME | ₹40.36 Cr | ₹67 | 15.7 | ₹91.35 | +36.34% | ₹42.60 |
| GConnect Logitech & Supply Chain Ltd. | SME | ₹5.60 Cr | ₹40 | 1.5 | ₹44.10 | +10.25% | ₹14.55 |
| Western Carriers (India) Ltd. | Mainboard | ₹492.88 Cr | ₹172 | 16.85 | ₹159.44 | -7.30% | ₹82.48 |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Purchase of Vehicles (Goods carriages) | 13.02 |
| 2 | Working Capital Requirements | 19.12 |
| 3 | General Corporate Purposes | 6.50 |
| 4 | Issue Expenses | 5.25 |
| Total | 43.89 |
About Rapid Fleet Management IPO
Updated on Aug 5, 2026
Contact Details
Rapid Fleet Management Services Ltd. AddressNew No.9Old No.5Coral Merchant StreetChennai, Tamil Nadu, 600001044-25210132info@rapidtransportsystems.inVisit Website