What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the current subscription status of Rapid Fleet Management Services Limited IPO?

Rapid Fleet Management Services Limited IPO has received a total subscription of 1.62 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

Rapid Fleet Management Services Limited

ListedSME

Industrials / Logistics · NSE

Founded in 2006, Rapid Fleet Management Services Limited provides reliable logistics and road transportation solutions for both B2B and B2C clients. The company has grown significantly, managing a fleet of over 200 vehicles and serving industries like FMCG, automobiles, and electronics. To improve efficiency, it has developed a mobile app that enables 24/7 operations, offering features like e-bidding, portal RFQs, e-POD, invoicing, and customer TMS management. Its services include Full and Partial Load transport for flexible and cost-effective cargo movement, Exim services for customs clearance and cross-border logistics, and Renewable Transportation Services for Wind Turbine Generators (WTG), using extendable telescopic trailers for transporting large turbine blades. With a strong focus on reliability and innovation, the company delivers optimized logistics solutions tailored to various business needs. As of August 14, 2024, Rapid Fleet Management Services Limited had a team of 68 employees.

Price Band

₹183 – ₹192

Issue Size

₹43.87 Cr

Lot Size

600 shares

GMP

—

Est. Listing

₹192

at current GMP

Subscribed

1.62x

overall

Open

21 Mar 2025

25 Mar 2025

Allotment

26 Mar 2025

Refund

27 Mar 2025

Demat Credit

28 Mar 2025

Listing

28 Mar 2025

Last updated 12 days ago

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

1.62x

Total Demand

QIB Multiplier

1.07x

Institutions & Funds

NII / HNI

4.37x

High Net-Worth

Retail (RII)

0.76x

Individual Bidders

Category-Wise Subscription Breakup

Live bidding breakdown by institutional, non-institutional, and retail investors

Total 1.62x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
QIB	372,600	399,000	1.07x
NIB	279,600	1,221,000	4.37x
RETAIL	652,200	498,600	0.76x
Total	1,304,400	2,118,600	1.62x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Category	Applications Reserved	Applications Received	Times Subscribed
QIB	—	3	0.00x
NIB	—	207	0.00x
RETAIL	—	831	0.00x

Day-Wise Subscription Progress

Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.

About Rapid Fleet Management Services Limited Public Issue & Market Profile

Rapid Fleet Management Services Limited is bringing an initial public offering (IPO) in the Industrials / Logistics sector with an aggregate issue size of ₹43.87 Crores. The shares are offered at a price band of ₹183 to ₹192 per equity share on NSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.

Bidding & Quota Instructions:

Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 600 shares (approx. ₹1,15,200 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.

Allotment Reconciliation Schedule:

Allotment reconciliation will be managed by Bigshare Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2025-03-28, while un-allotted funds or UPI block mandates will be released on 2025-03-27.

Frequently Asked Questions

What is Rapid Fleet Management Services Limited IPO GMP today?

Currently, Rapid Fleet Management Services Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹183 to ₹192 per equity share.

What is the expected profit per lot for Rapid Fleet Management Services Limited IPO?

The retail lot size is 600 shares requiring a minimum application amount of ₹1,15,200. Expected listing price is ₹192 per equity share.

What is the issue size and price band for Rapid Fleet Management Services Limited IPO?

The Rapid Fleet Management Services Limited IPO aggregate issue size is ₹43.87 Crores with an equity price band set at ₹183 to ₹192 per equity share. The retail lot size is 600 shares requiring a minimum capital outlay of approx. ₹1,15,200.

How can I check Rapid Fleet Management Services Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 1.62x (Retail: 0.76x, QIB: 1.07x, NII: 4.37x). You can track live multiples directly on our dedicated subscription page.

Where and when will Rapid Fleet Management Services Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Bigshare Services Private Limited) and the BSE status verification website on or around 2025-03-26. Investors can verify status using PAN card or application number.

When is the listing date for Rapid Fleet Management Services Limited IPO?

Rapid Fleet Management Services Limited shares are scheduled to list on NSE on 2025-03-28.