ListedSMELogisticsRAPIDFLEET

Rapid Fleet Management Services IPO

Rapid Fleet Management Services IPO is an SME IPO raising ₹43 Cr at ₹183 – ₹192 a share. It listed on 28 Mar 2025 at ₹195, +1.6% against its issue price of ₹192, and trades at ₹230 today (+19.8% since issue). It was subscribed 0.70× in total.

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₹192

Issue price

₹230

Price now

+19.8%

Since issue price

28 Mar 2025

Listed on

0.70×Subscribed (final) · all exchanges

Only 70% of shares on offer have been bid for

populated partly populated we hold nothing here — the tab says why

Terms of the issue

The mechanics of what is being sold. Held for every issue we track.

Price band₹183 – ₹192

Cut-off price₹192

Issue size₹43 Cr

Shares per lot600

Minimum application₹1,15,200

Minimum quantity600

Face value₹10

Listing exchangesNSE

ISININE0QX901013

Bidding hours10:00 – 17:00 IST

Bidding window21 Mar 2025 – 25 Mar 2025

SME

What being an SME issue means here. SME issues list on NSE Emerge or BSE SME. They disclose less than mainboard issues, trade far more thinly, and — by regulation — the minimum application is a full lot worth roughly ₹1–1.5 lakh rather than about ₹15,000. That is why the minimum above is so much larger than for a mainboard issue.

Not here yet

Valuation against the issuer's named peers, what the fresh money funds, and the anchor-investor allocation come from reading the prospectus, which we do for current and upcoming issues — historical issues will not gain them.