Business Standard

Rapid Fleet Management Services Ltd - IPO

Issue Type

Book Building - SME

Issue Size (₹ Cr.)

- cr

Price Range (₹)

0

Lot Size

-

Min Investment (₹)

-

Listing Exchange

NSE - SME

Open Date

-

Close Date

-

Listing Date

-

Rapid Fleet Management Services Ltd News

    Rapid Fleet Management Services Ltd IPO Details

    Initial public offer of upto 23,52,000* equity shares of face value of Rs. 10.00 each (Equity Shares) of Rapid Fleet Management Services Limited (the Company or the Issuer) for cash at a price of Rs. [*] per equity share including a share premium of Rs. [*] per equity share (the Issue Price) aggregating to Rs. [*] crores (The Issue). The issue includes a reservation of upto [*] equity shares aggregating to Rs. [*] 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 upto [*] equity shares aggregating to Rs. [*] crores (the Net Issue). The price band and the minimum bid lot will be decided by the company.The face value of the equity shares is Rs. 10.00 each and the issue price is [*] times of the face value.

    Objective of issue

    Purchase of Vehicles (Goods Carriages). Working Capital Requirements. General Corporate Purposes.

    Rapid Fleet Management Services Ltd Contact Details

    Rapid Fleet Management Services Ltd, Office No 56-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

    Phone - 91-22-62638200

    Fax - 91-22-63638299

    Email - info@rapidtransportsystems.in

    Website - www.rapidfleet.in