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Rapid Fleet Management Services Ltd

Registered Office : New No.9 Old No. 5,Coral Merchant Street,Chennai Tamil Nadu 600001 Phone : 044 - 2521 0132
Fax :

Email : info@rapidtransportsystems.in

Website : www.rapidfleet.in

Initial public offer of 22,84,800 equity shares of face value of Rs. 10.00 each ("Equity Shares") of Rapid Fleet Management Services Limited (the "Company" or the "Issuer") for cash at a price of Rs. 192.00 per equity share including a share premium of Rs. 182.00 per equity share (the "Issue Price") aggregating to Rs. 43.87 crores ("The Issue"). The issue includes a reservation of 4,21,800 equity shares aggregating to Rs. 8.10 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of 18,63,000 equity shares aggregating to Rs. 35.77 crores (the "Net Issue"). The face value of the equity shares is Rs. 10.00 each and the issue price is 19.2 times of the face value.

Issue

Opens On

Closes On

21-Mar-2025

25-Mar-2025

Money Payable On

Application

Allotment

192.00

0.00

Minimum Application for shares in Nos : 600.0 Further Multiples of : 600.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

38.62

43.87

7.43

192.00

Gretex Corporate Services Ltd

Projects

Purchase of Vehicles (Goods Carriages)

Working Capital Requirements

General Corporate Purposes

Promoted By

Anand Poddar

Shruti Poddar

Rajkumar Poddar

Listing At

NSE - SME

Registrar to the Issue

Bigshare Services Pvt Ltd