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
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| Initial public offer of 22,84,800 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. 192.00 per equity share including a share premium of Rs. 182.00 per equity share (the "Issue Price") aggregating to Rs. 43.87 crores ("The Issue"). The issue includes a reservation of 4,21,800 equity shares aggregating to Rs. 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 Rs. 35.77 crores (the "Net Issue").
The face value of the equity shares is Rs. 10.00 each and the issue price is 19.2 times of the face value.
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|
| Issue |
Money Payable On |
| Opens On |
Closes On |
Application |
Allotment |
| 21-Mar-25 |
25-Mar-25 |
192.00-0.00 |
0.00-0.00 |
|
|
Minimum Application for shares in Nos :
600
Further Multiples of :
600
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|
| |
Rs Cr |
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 |
192.00 |
|
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