| Rapid Fleet Management Services Ltd |
|
Registered Office:
New No.9 Old No. 5,Coral Merchant Street
,
Chennai
-
600001
,
Tamil Nadu
, India.
Phone :
044 - 2521 0132 Fax:
Email : info@rapidtransportsystems.in
Website : www.rapidfleet.in
|
Initial public offer of 22,84,800 equity shares of face value of  10.00 each ("Equity Shares") of Rapid Fleet Management Services Limited (the "Company" or the "Issuer") for cash at a price of 192.00 per equity share including a share premium of 182.00 per equity share (the "Issue Price") aggregating to 43.87 crores ("The Issue"). The issue includes a reservation of 4,21,800 equity shares aggregating to 8.10 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of 18,63,000 equity shares aggregating to 35.77 crores (the "Net Issue").
The face value of the equity shares is 10.00 each and the issue price is 19.2 times of the face value.
|
| Issue |
Money Payable On |
|
| Opens On |
Closes On |
Application |
Allotment |
|
| 21-Mar-25 |
25-Mar-25 |
Rs192.00-0.00 |
Rs0.00-0.00 |
| Minimum Application for shares in Nos :600 Further Multiples of :600 |
| |
RsCr |
Lead Managers to the Issue |
|
| Project Cost |
38.62 |
| Gretex Corporate Services Ltd |
|
| Project Financed through Current Offer |
43.87 |
|
| Post Issue Equity Share Capital |
7.43 |
|
| Issue Price |
Rs192.00 |
|
|