Rapid Fleet Management IPO Subscription Details

Bookbuilding IPO | ₹44 Cr | Listed at NSE SME | Fri, Mar 21, 2025 - Tue, Mar 25, 2025

Basis of Allotment - Rapid Fleet Management IPO

Category QIB NII Retail Total
Ex. Anchor Anchor Investor Total QIB
Allocation (No. of shares)3,72,6005,58,6009,31,2002,79,6006,52,20018,63,000
Allotment price (Rs.)192192192192192192
No.of applications3582088651,081
No.of shares applied3,99,0005,58,6009,57,60012,23,4005,19,00027,00,000
Amount collected (Rs.cr.)7.66 10.73 18.39 23.49 9.96 51.84
No.of times subscribed1.071.001.034.380.801.45
No.of shares allotted3,99,0005,58,6009,57,6003,86,4005,19,00018,63,000
Amount (Rs.cr.)7.66 10.73 18.39 7.42 9.96 35.77
No.of allottees3582088651,081

IPO Shares Offered

Rapid Fleet Management IPO is a public issue of 0.19 Cr equity shares. The issue offers 0.07 Cr shares to retail investors, 0.09 Cr shares to qualified institutional buyers, and 0.03 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
Market Maker4,21,8008.10 18.46%
QIB 9,31,20017.88 40.76%
    Anchor 5,58,600 10.73 24.45%
    QIB (Ex Anchor) 3,72,600 7.15 16.31%
NII* 2,79,6005.37 12.24%
Retail6,52,20012.52 28.55%
Total22,84,80043.87 100%

Rapid Fleet Management IPO Anchor Investor Allocation

A total of 5,58,600 shares at a price of Rs 192 per share will be allotted to the anchor investors.

Anchor investors bid opening dateMar 20, 2025
Anchor investor price₹192.00
Anchor investors as % of QIBs59.99%
No. of shares locked-in for 30 days2,79,300
No. of shares locked-in for 90 days2,79,300
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 INNOVATIVE VISION TRUST INNOVATIVE VISION 1,04,400 2.00 18.69 4.57
2 ZETA GLOBAL FUNDS (OEIC) PCC LTD.-ZETA SERIES B FUND PC ZETA GLOBAL FUNDS (OEIC) PCC LTD. 2,61,000 5.01 46.72 11.42
3 CRAFT EMERGING MARKET FUND PCC-CITADEL CAPITAL FUND CRAFT EMERGING MARKET FUND PCC 52,200 1.00 9.34 2.28
4 EMINENCE GLOBAL FUND PCC-EUBILIA CAPITAL PARTNERS FUND I EMINENCE 52,200 1.00 9.34 2.28
5 FINVESTA FIRST FINVESTA FIRST 88,800 1.70 15.90 3.89
5,58,60010.7310024.45

IPO Subscription FAQs

The Rapid Fleet Management IPO is subscribed 1.65 times by Mar 25, 2025 18:19.

Rapid Fleet Management IPO Subscription

Investor Category Subscription (times)
Qualified Institutional1.07
Non Institutional4.38
Retail Individual0.81
Total Subscription1.65

Retail category of Rapid Fleet Management IPO subscribed 0.81 times as of date Mar 25, 2025 18:19. The public issue closes on Tue, Mar 25, 2025 for bidding.

An investor can apply in Rapid Fleet Management IPO online via bank (using ASBA) or the broker (using UPI). The Rapid Fleet Management IPO shares are offered online only.

The Rapid Fleet Management IPO is subscribed 1.65 times by Mar 25, 2025 18:19.

The Rapid Fleet Management IPO allotment status is expected on or around Wednesday, March 26, 2025. Visit Rapid Fleet Management IPO allotment status to check.

The Rapid Fleet Management IPO listing date is March 28, 2025. The equity share of Rapid Fleet Management IPO will list on NSE SME.

Visit Rapid Fleet Management IPO subscription status page for real-time bidding information about Rapid Fleet Management IPO.

Rapid Fleet Management IPO Timetable

IPO opens OnFriday, March 21, 2025
IPO Closes OnTuesday, March 25, 2025
Finalisation of Basis of AllotmentWednesday, March 26, 2025
Initiation of RefundsThursday, March 27, 2025
Credit of Shares to Demat AccountThursday, March 27, 2025
IPO Listing DateFriday, March 28, 2025
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