:::LALKAR GROUP::::

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 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-25	25-Mar-25	192.00-0.00	0.00-0.00

Minimum Application for shares in Nos : 600 Further Multiples of : 600

	(Rs)	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	192.00

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

No Data Available