anubhai angaldas Securities Pvt. Ltd. Member: BSE - NSE - CDSL

Technology . Transparency . Trust

MARKET

IPO Synopsis
Rapid Fleet Management Services Ltd
Registered Office: New No.9 Old No. 5, Coral Merchant Street, Chennai - 600001, Tamil Nadu
Phone: 1
Email: 1
Website: 1
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 Money Payable On
Opens On Closes On Application Allotment
21-Mar-2025 25-Mar-2025 192.00 - 0.00 0.00 - 0.00
Cr. Lead Managers to the Issue
Project Cost 38.62
Project Financed through Current Offer 43.87
Post Issue Equity Share Capital 7.43
Issue Price 192.00
Projects
Purchase of Vehicles (Goods Carriages)
Working Capital Requirements
General Corporate Purposes
Promoted By
Anand Poddar
Shruti Poddar
Rajkumar Poddar
NSE - SME
Registrar to the Issue
Attention Investor
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