The bidding for Rapid Fleet IPO began on March 21 and closed on March 25, 2026. Allotment for Rapid Fleet IPO concluded on March 26, 2025. The IPO will list on NSE SME with precise listing date set as March 28, 2025. It is book built issue of Rs 43.87 crore. Rapid Fleet issue is entirely a fresh issue of 22.85 lakh shares. It is worth noting that the public issue achieved a mere 1.65 times subscription by the end of subscription period.
Rapid Fleet IPO GMP
The latest GMP or grey market premium of the public issue is nil, according to latest update available on March 26, 2025 at 10:30 pm. Meanwhile, the public issues expected listing price is Rs 192 with likely percentage gain or loss per share at nil, according to investorgain.com.
Rapid Fleet IPO Price Band
The price of the public issue has been fixed at Rs 183 to Rs 192 per share. Meanwhile, the minimum lot size for an application remains 600. Minimum investment amount needed by retail investors is Rs 1,09,800. It is advised that investors bid at the cutoff price to eliminate oversubscription situation that is approximately Rs 1,15,200. On the other hand, minimum lot size investment for HNI is 2 lots or 1200 shares that will amount to Rs 2,30,400.
Meanwhile, investors who had bid for the IPO will be able to check the share allotment status online on official website of NSE and Bigshare Services, registrar of the issue. Check key details below:
How To Check Rapid Fleet IPO Share Allotment Status On Bigshare Services?
- Visit Bigshare Services website
- Go To IPO allotment status page
- Select any of the given server links from the available 3 options
- Choose Rapid Fleet Management Ltd from company names’ list
- Select either application number, PAN, or beneficiary ID for the purpose of verification
- Complete captcha verification
- Press on “search button”
How To Check IPO Allotment Status On NSE?
- Visit NSE allotment page
- Select “Equity” & SME IPO bid details
- Choose Rapid Fleet from dropdown menu
- Fill application number or PAN
- Press submit button
Rapid Fleet Management is likely to credit shares to Demat accounts of successful bidders on March 27, 2025. Meanwhile, refunds for remaining applicants will also be processed on similar day.
Disclaimer: The above content has been made for educational purposes only, and should be considered as investment advice from Moneydaily.in or the respective Author. Neither Moneydaily.in nor the Author will not be responsible for any losses as a result of decisions based on the above information. Moneydaily.in advises readers to do your own research or consult with a SEBI registered investment advisor before making any investment decisions.
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