Rapid Fleet IPO Day 3: Rapid Fleet shares get subscribed 1.49x times on day 3!Rapid Fleet IPO Day 3: Rapid Fleet shares get subscribed 1.49x times on day 3!

Rapid Fleet Management Services IPO saw good investor response on Day 3, with the issue subscribed 1.49 times. The figures reflect growing interest from investors as the subscription improved steadily across categories, indicating a positive sentiment towards the company as the IPO approaches closure.

Rapid Fleet Management Services Ltd IPO Subscription Status

Rapid Fleet Management Services IPO received a lukewarm response on Day 2, with an overall subscription of just 0.33 times. The figures indicate limited investor participation so far, suggesting that the IPO is yet to gain strong momentum among retail and institutional investors in the coming days.

How to check Rapid Fleet Management Services Ltd IPO Subscription Status?

Steps to check Rapid Fleet Management Services Ltd IPO subscription status on NSE

Following are the steps to check it through the NSE website

• Visit NSE‘s official website.
• Navigate to the ‘Market Data’ tab.
• Choose ‘IPO’.
• Select the ‘Rapid Fleet Management Services Ltd IPO’ to check its subscription status.
• Opt for either NSE Bid details or Consolidated Bid details.
• Explore the total number of bids received from various investors. 

Rapid Fleet Management Services Ltd IPO Allotment Status

The allotment date for the Rapid Fleet Management Services Ltd IPO is set for March 26, with shares priced from ₹183 to ₹192 per share and a face value of ₹10. The offering consists of lots of 600 shares, with bids accepted for these lots or their multiples.

Rapid Fleet Management Services Ltd IPO Listing Date 

Rapid Fleet Management Services Ltd IPO is expected to be listed on the NSE SME on March 28, 2025.

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.