IPO

IPO Synopsis

Rapid Fleet Management Services Ltd
Registered Office: New No.9 Old No. 5,Coral Merchant Street , Chennai - 600001 , Tamil Nadu , India.
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 Rs10.00 each ("Equity Shares") of Rapid Fleet Management Services Limited (the "Company" or the "Issuer") for cash at a price of Rs192.00 per equity share including a share premium of Rs182.00 per equity share (the "Issue Price") aggregating to Rs43.87 crores ("The Issue"). The issue includes a reservation of 4,21,800 equity shares aggregating to Rs8.10 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 Rs35.77 crores (the "Net Issue"). The face value of the equity shares is Rs10.00 each and the issue price is 19.2 times of the face value.
Issue Money Payable On
Opens On Closes On Application Allotment
21-Mar-25 25-Mar-25 Rs 192.00-0.00 Rs 0.00-0.00
Minimum Application for shares in Nos :600  Further Multiples of :600
  (Rs Cr) Lead Managers to the Issue
Project Cost 38.62
Gretex Corporate Services Ltd
Project Financed through Current Offer 43.87
Post Issue Equity Share Capital 7.43
Issue Price Rs 192.00
Projects
Purchase of Vehicles (Goods Carriages) General Corporate Purposes
Working Capital Requirements
Promoted By Listing At Registrar to the Issue
  Anand Poddar
  Shruti Poddar
  Rajkumar Poddar
 NSE - SME
No Data Found.

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