Markets / IPO / Rapid Fleet Management Services

Rapid Fleet Management Services IPO

Updated 18:57

SME IPO on NSE Emerge · Logistics Solution Provider

Status

Listed

Price band

₹183–192

Lot size

600 shares · ₹1,15,200

Subscribed

–

How it listed

Issue price

₹192

Listing price (open)

₹195.00 +1.56%

First-day close

₹200.90 +4.64%

Price now

₹205.00 +6.77%

Listing day	28 Mar 2025
Open / high / low / close	₹195.00 / ₹203.75 / ₹195.00 / ₹200.90
Shares traded on NSE	2,03,400
Market value at the listing-day close	₹149 cr

Closing prices since listing: 26 Oct ₹195.00, 27 Oct ₹200.40, 28 Oct ₹202.00, 29 Oct ₹202.00, 30 Oct ₹202.50, 2 Nov ₹203.20, 3 Nov ₹203.75, 4 Nov ₹204.05, 5 Nov ₹204.55, 6 Nov ₹205.00.

Rapid Fleet Management Services share price, live chart and technicals →

Key dates

Bidding opens	21 Mar 2025
Bidding closes	25 Mar 2025
Allotment	26 Mar 2025
Refunds and shares in demat	27 Mar 2025
Listing	28 Mar 2025

Lot size by investor type

Application	Lots	Shares	Amount
Individual investor (minimum)	1	600	₹1,15,200
HNI (minimum)	2	1,200	₹2,30,400

At ₹192 a share. In SME IPOs individuals must bid for at least 1 lots.

Subscription

Investor category	Shares bid for
HNI / NII	7,200
Retail	82,800
Total	90,000

NSE does not publish the shares offered to each category for this issue, so times subscribed cannot be shown. NSE and BSE bids together, as of 21 Mar 2025 17:00.

Applications from individual investors

885 applications in the individual investors' category.

NSE does not publish the shares set aside for this category for SME issues, so the chance of allotment cannot be worked out exactly. Winners are picked by lottery.

Demand at each price

Top price ₹192	0.44 lakh shares	48.7%
Cut-off final price, whatever it is; mostly retail	0.44 lakh shares	48.7%
Lower prices ₹183–191	0.02 lakh shares	2.7%

Shares bid on NSE and BSE at each price in the band. Most bids at the top price, and little at lower prices, means buyers were keen.

Anchor investors

Anchor bid date	20 Mar 2025
Lock-in ends for the first 50% (30 days)	24 Apr 2025
Lock-in ends for the remaining 50% (90 days)	23 Jun 2025

Anchor investors are large funds that buy the day before the IPO opens. SEBI locks in half their shares for 30 days from the allotment and the rest for 90 days; they can sell from the next trading day. Traders watch these dates because extra selling can come in.

Financials and valuation

	At issue price	Now
Market value	₹143 cr	₹152 cr
P/E (last 12 months' profit)	11.5	12.2

Revenue, last 12 months	₹204 cr
Profit, last 12 months	₹12 cr
Return on equity	–
Debt to equity	–

From results the company filed with NSE (latest period to 31 Mar 2026). Twelve-month figures need four quarters of results, so they fill in over the first year after listing.

Other recent IPOs: Logistics Solution Provider

Company	Listed	Subscribed	On listing	Since IPO
Pooja Logistics SME	30 Sept	–	+2.61%	+7.26%
Skyways Air Services	1 Sept	71.25×	-10.14%	-23.18%
Shiprocket	19 Aug	99.38×	+35.05%	+28.91%
Shadowfax Technologies	28 Jan	2.72×	-9.19%	+132.46%
Jayesh Logistics SME	3 Nov	–	-1.64%	+2.46%
Om Freight Forwarders	8 Oct	3.87×	-39.63%	-15.00%
Glottis	7 Oct	2.05×	-34.88%	-54.52%
Blue Water Logistics SME	3 Jun	–	+4.44%	+279.67%

IPO details

Price band	₹183–192
Final issue price	₹192
Lot size	600 shares
Minimum investment	₹1,15,200 (1 lot)
Market	NSE Emerge (SME)
Issue type	100 % Book Building
Face value	₹10
Industry	Logistics Solution Provider
Issue size	₹43.87 crore (about 22.85 lakh shares) · Fresh issue only
ISIN	INE0QX901013
Registrar	Bigshare Services Private Limited Helpline: +91 22 6263 8200, ipo@bigshareonline.com
Lead managers	Gretex Corporate Services Limited
Prospectus	Red herring prospectus (NSE)

Check allotment status

Allotment was finalised on 26 Mar 2025. Check it on the registrar's page (Bigshare Services Private Limited), NSE or BSE with your PAN or application number.

← All IPOs: open, upcoming and recently listed

From NSE's official IPO data. Expected dates follow SEBI's T+3 timetable; the exchange confirms them. Information only, not investment advice.

What is the Rapid Fleet Management Services IPO price band and lot size?

The price band is ₹183–192 per share, and one lot is 600 shares (₹1,15,200 at the upper price).

When is the Rapid Fleet Management Services IPO allotment date?

Allotment was finalised on 26 Mar 2025, the next working day after bidding closed on 25 Mar 2025.

How many times was the Rapid Fleet Management Services IPO subscribed?

Subscription figures are not available yet.

What is the Rapid Fleet Management Services IPO listing date?

It listed on 28 Mar 2025 on NSE Emerge (SME).

When does the Rapid Fleet Management Services anchor lock-in end?

The 30-day lock-in on half of the anchor investors' shares ends on 24 Apr 2025 and the 90-day lock-in on the rest ends on 23 Jun 2025; they can sell from the next trading day.

What was the Rapid Fleet Management Services listing gain?

It opened at ₹195.00 against an issue price of ₹192, a gain of 1.56%. It is now up 6.77% from the issue price.