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N R Vandana Tex Industries IPO vs Rapid Fleet Management IPO

Comparison between N R Vandana Tex Industries IPO and Rapid Fleet Management IPO.

IPO Details

N R Vandana Tex Industries 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.

 N R Vandana Tex Industries IPORapid Fleet Management IPO
LogoN R Vandana Tex Industries IPO LogoRapid Fleet Management IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingBookbuilding
Listing AtNSE SMENSE SME
Lead ManagersMarwadi Chandarana Intermediaries Brokers Pvt.Ltd.Gretex Corporate Services Ltd.
RegistrarCameo Corporate Services Ltd.Bigshare Services Pvt.Ltd.
Market MakerAlacrity Securities Ltd.MLB Stock Broking Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of N R Vandana Tex Industries IPO is up to ₹26.49 Cr whereas the issue size of the Rapid Fleet Management IPO is up to ₹35.77 Cr. The final issue price of N R Vandana Tex Industries IPO is ₹45.00 per share and of Rapid Fleet Management IPO is ₹192.00 per share.

 N R Vandana Tex Industries IPORapid Fleet Management IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹42.00 per share₹183.00 per share
Issue Price (Upper)₹45.00 per share₹192.00 per share
Issue Price (Final)₹45.00 per share₹192.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size3000 shares600 shares
Fresh Issue Size58,86,000 shares18,63,000 shares
Fresh Issue Size (Amount)up to ₹26.49 Crup to ₹35.77 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total58,86,000 shares18,63,000 shares
Issue Size Total (Amount)up to ₹26.49 Crup to ₹35.77 Cr

IPO Timetable

N R Vandana Tex Industries IPO opens on May 28, 2025, while Rapid Fleet Management IPO opens on Mar 21, 2025. The closing date of N R Vandana Tex Industries IPO and Rapid Fleet Management IPO is May 30, 2025, and Mar 25, 2025, respectively.

 N R Vandana Tex Industries IPORapid Fleet Management IPO
Anchor Bid DateMay 27, 2025Mar 20, 2025
Issue OpenMay 28, 2025Mar 21, 2025
Issue CloseMay 30, 2025Mar 25, 2025
Basis Of Allotment (Tentative)Jun 02, 2025Mar 26, 2025
Initiation of Refunds (Tentative)Jun 03, 2025Mar 27, 2025
Credit of Share (Tentative)Jun 03, 2025Mar 27, 2025
Listing date (Tentative)Jun 04, 2025Mar 28, 2025
Anchor Lockin End date 1Jul 02, 2025Apr 25, 2025
Anchor Lockin End date 2Aug 31, 2025Jun 24, 2025

Financials & KPIs

N R Vandana Tex Industries IPO P/E ratio is 8.95, as compared to Rapid Fleet Management IPO P/E ratio of 12.25.

 N R Vandana Tex Industries IPORapid Fleet Management IPO
Financials

N R Vandana Tex Industries Limited Financial Information (Restated)

N R Vandana Tex Industries Limited's revenue increased by 23% and profit after tax (PAT) rose by 100% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets202.94183.55167.96
Total Income271.10220.21195.60
Profit After Tax8.604.291.80
EBITDA19.2813.869.77
Net Worth33.7525.1617.27
Reserves and Surplus19.9325.1717.64
Total Borrowing69.0268.9865.08
Amount in ₹ Crore

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)100.0097.50
Promoter Shareholding (Post-Issue)73.3967.54
P/E Ratio8.9512.25
Market Cap₹104.83 Cr.₹142.75 Cr.
ROE17.54%50.09%
ROCE13.82%43.11%
Debt/Equity2.430.74
EPS₹5.03₹15.67
RoNW15.10%40.06%

Shares Offered

In the N R Vandana Tex Industries IPO Retail Individual Investors (RII) are offered 20,64,000 shares while in Rapid Fleet Management IPO retail investors are offered 20,64,000 shares. Qualified Institutional Buyers (QIB) are offered 11,76,000 shares in N R Vandana Tex Industries IPO and 3,72,600 shares in Rapid Fleet Management IPO.

 N R Vandana Tex Industries IPORapid Fleet Management IPO
Anchor Investor Reserveration17,61,000 shares5,58,600 shares
Market Maker Reserveration3,12,000 shares4,21,800 shares
QIB11,76,000 shares3,72,600 shares
NII8,85,000 shares2,79,600 shares
RII20,64,000 shares6,52,200 shares
Employee0 shares
Others
Total58,86,000 shares18,63,000 shares

Bids Received (Subscription)

N R Vandana Tex Industries IPO subscribed 101.00x in total, whereas Rapid Fleet Management IPO subscribed 1.65x.

 N R Vandana Tex Industries IPORapid Fleet Management IPO
QIB (times)36.54x1.07x
NII (times)126.70x4.38x
Big NII (times)
Small NII (times)
RII (times)0.81x
Employee (times)
Other (times)
Total (times)101.00x1.65x