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Galaxy Medicare IPO vs Rapid Fleet Management IPO

Comparison between Galaxy Medicare IPO and Rapid Fleet Management IPO.

IPO Details

Galaxy Medicare IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Rapid Fleet Management IPO is a SME Bookbuilding proposed to list at NSE SME.

 Galaxy Medicare IPORapid Fleet Management IPO
LogoGalaxy Medicare IPO LogoRapid Fleet Management IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingBookbuilding
Listing AtNSE SMENSE SME
Lead ManagersAffinity Global Capital Market Pvt.Ltd.Gretex Corporate Services Ltd.
RegistrarCameo Corporate Services Ltd.Bigshare Services Pvt.Ltd.
Market MakerPrabhat Financial Services Ltd.MLB Stock Broking Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor
IPO Allotment URLIPO Allotment URL

Issue Size and Price

The total issue size of Galaxy Medicare IPO is up to ₹21.19 Cr whereas the issue size of the Rapid Fleet Management IPO is up to ₹35.77 Cr. The final issue price of Galaxy Medicare IPO is and of Rapid Fleet Management IPO is ₹192.00 per share.

 Galaxy Medicare IPORapid Fleet Management IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹51.00 per share₹183.00 per share
Issue Price (Upper)₹54.00 per share₹192.00 per share
Issue Price (Final)₹192.00 per share
Discount (Retail)₹0.00 per share
Discount (Employee)
Market Lot Size2000 shares600 shares
Fresh Issue Size31,00,000 shares18,63,000 shares
Fresh Issue Size (Amount)up to ₹16.74 Crup to ₹35.77 Cr
OFS Issue Size8,24,000 shares0 shares
OFS Issue Size (Amount)up to ₹4.45 Crup to ₹0.00 Cr
Issue Size Total39,24,000 shares18,63,000 shares
Issue Size Total (Amount)up to ₹21.19 Crup to ₹35.77 Cr

IPO Timetable

Galaxy Medicare IPO opens on Sep 10, 2025, while Rapid Fleet Management IPO opens on Mar 21, 2025. The closing date of Galaxy Medicare IPO and Rapid Fleet Management IPO is Sep 12, 2025, and Mar 25, 2025, respectively.

 Galaxy Medicare IPORapid Fleet Management IPO
Anchor Bid DateMar 20, 2025
Issue OpenSep 10, 2025Mar 21, 2025
Issue CloseSep 12, 2025Mar 25, 2025
Basis Of Allotment (Tentative)Sep 15, 2025Mar 26, 2025
Initiation of Refunds (Tentative)Sep 16, 2025Mar 27, 2025
Credit of Share (Tentative)Sep 16, 2025Mar 27, 2025
Listing date (Tentative)Sep 17, 2025Mar 28, 2025
Anchor Lockin End date 1Apr 25, 2025
Anchor Lockin End date 2Jun 24, 2025

Financials & KPIs

Galaxy Medicare IPO P/E ratio is 19.01, as compared to Rapid Fleet Management IPO P/E ratio of 12.25.

 Galaxy Medicare IPORapid Fleet Management IPO
FinancialsAssets

Rapid Fleet Management Services Limited Financial Information (Restated)

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets101.370.6671.8175.37
Total Income87.39116.32106.03114.02
Profit After Tax7.018.074.713.4
Net Worth28.8920.1512.087.41
Reserves and Surplus23.7420.0511.987.31
Total Borrowing34.0714.9315.7927.43
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)89.4997.50
Promoter Shareholding (Post-Issue)64.6067.54
P/E Ratio19.0112.25
Market Cap₹81.93 Cr.₹142.75 Cr.
ROE19.88%50.09%
ROCE22.38%43.11%
Debt/Equity0.250.74
EPS₹2.84₹15.67
RoNW18.35%40.06%

Shares Offered

In the Galaxy Medicare IPO Retail Individual Investors (RII) are offered 23,08,000 shares while in Rapid Fleet Management IPO retail investors are offered 23,08,000 shares. Qualified Institutional Buyers (QIB) are offered 80,000 shares in Galaxy Medicare IPO and 3,72,600 shares in Rapid Fleet Management IPO.

 Galaxy Medicare IPORapid Fleet Management IPO
Anchor Investor Reserveration0 shares5,58,600 shares
Market Maker Reserveration2,08,000 shares4,21,800 shares
QIB80,000 shares3,72,600 shares
NII15,36,000 shares2,79,600 shares
RII23,08,000 shares6,52,200 shares
Employee0 shares0 shares
Others
Total39,24,000 shares18,63,000 shares

Bids Received (Subscription)

Galaxy Medicare IPO subscribed 0.77x in total, whereas Rapid Fleet Management IPO subscribed 1.65x.

 Galaxy Medicare IPORapid Fleet Management IPO
QIB (times)1.00x1.07x
NII (times)0.99x4.38x
Big NII (times)1.41x
Small NII (times)0.15x
RII (times)0.61x0.81x
Employee (times)
Other (times)
Total (times)0.77x1.65x