Comparison between Rapid Fleet Management IPO and Sundrex Oil IPO.
Rapid Fleet Management IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Sundrex Oil IPO is a SME Bookbuilding proposed to list at NSE SME.
| Rapid Fleet Management IPO | Sundrex Oil IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Gretex Corporate Services Ltd. | Affinity Global Capital Market Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Cameo Corporate Services Ltd. |
| Market Maker | MLB Stock Broking Pvt.Ltd. | Sunflower Broking Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Rapid Fleet Management IPO is up to ₹35.77 Cr whereas the issue size of the Sundrex Oil IPO is up to ₹30.62 Cr. The final issue price of Rapid Fleet Management IPO is ₹192.00 per share and of Sundrex Oil IPO is ₹86.00 per share.
| Rapid Fleet Management IPO | Sundrex Oil IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹183.00 per share | ₹81.00 per share |
| Issue Price (Upper) | ₹192.00 per share | ₹86.00 per share |
| Issue Price (Final) | ₹192.00 per share | ₹86.00 per share |
| Discount (Retail) | ₹0.00 per share | |
| Discount (Employee) | ||
| Market Lot Size | 600 shares | 1600 shares |
| Fresh Issue Size | 18,63,000 shares | 35,60,000 shares |
| Fresh Issue Size (Amount) | up to ₹35.77 Cr | up to ₹30.62 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 18,63,000 shares | 35,60,000 shares |
| Issue Size Total (Amount) | up to ₹35.77 Cr | up to ₹30.62 Cr |
Rapid Fleet Management IPO opens on Mar 21, 2025, while Sundrex Oil IPO opens on Dec 22, 2025. The closing date of Rapid Fleet Management IPO and Sundrex Oil IPO is Mar 25, 2025, and Dec 24, 2025, respectively.
| Rapid Fleet Management IPO | Sundrex Oil IPO | |
|---|---|---|
| Anchor Bid Date | Mar 20, 2025 | |
| Issue Open | Mar 21, 2025 | Dec 22, 2025 |
| Issue Close | Mar 25, 2025 | Dec 24, 2025 |
| Basis Of Allotment (Tentative) | Mar 26, 2025 | Dec 26, 2025 |
| Initiation of Refunds (Tentative) | Mar 27, 2025 | Dec 29, 2025 |
| Credit of Share (Tentative) | Mar 27, 2025 | Dec 29, 2025 |
| Listing date (Tentative) | Mar 28, 2025 | Dec 30, 2025 |
| Anchor Lockin End date 1 | Apr 25, 2025 | |
| Anchor Lockin End date 2 | Jun 24, 2025 |
Rapid Fleet Management IPO P/E ratio is 12.25, as compared to Sundrex Oil IPO P/E ratio of 10.69.
| Rapid Fleet Management IPO | Sundrex Oil IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Consolidated)Sundrex Oil Co.Ltd.'s revenue increased by 41% and profit after tax (PAT) rose by 112% between the financial year ending with March 31, 2025 and March 31, 2024.
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 97.5 | 100 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 67.54 | 72 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 12.25 | 10.69 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹142.75 Cr. | ₹115.20 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 50.09 | 35.63 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 43.11 | 27.03 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.74 | 1.14 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹15.67 | ₹8.04 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 40.06 | 35.63 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Rapid Fleet Management IPO Retail Individual Investors (RII) are offered 6,52,200 shares while in Sundrex Oil IPO retail investors are offered 6,52,200 shares. Qualified Institutional Buyers (QIB) are offered 3,72,600 shares in Rapid Fleet Management IPO and 75,200 shares in Sundrex Oil IPO.
| Rapid Fleet Management IPO | Sundrex Oil IPO | |
|---|---|---|
| Anchor Investor Reservation | 5,58,600 shares | 0 shares |
| Market Maker Reservation | 4,21,800 shares | 1,88,800 shares |
| QIB | 3,72,600 shares | 75,200 shares |
| NII | 2,79,600 shares | 13,96,800 shares |
| RII | 6,52,200 shares | 20,89,600 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 18,63,000 shares | 35,61,600 shares |
Rapid Fleet Management IPO subscribed 1.65x in total, whereas Sundrex Oil IPO subscribed 1.53x.
| Rapid Fleet Management IPO | Sundrex Oil IPO | |
|---|---|---|
| QIB (times) | 1.07x | 1.00x |
| NII (times) | 4.38x | 1.01x |
| Big NII (times) | 0.97x | |
| Small NII (times) | 1.10x | |
| RII (times) | 0.81x | 1.90x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.65x | 1.53x |
