Rapido Share Price

Rapido Share Price, Unlisted Shares, Pre IPO-Stock - Company Overview

Rapido is an Indian bike taxi aggregator and logistics service provider based in Bangalore. Founded in 2015, the company operates in over 100 cities across the country, but has run into legal troubles in several locations where bike taxis are not legal.

The Rapido app allows the user to book a ride, after which a rider (called "Captain") arrives at the location. The fare includes a base fare of ₹20 in addition to ₹3 for every kilometer of the ride. The "Captains" need to register through the Rapido-Captain app and get validated by submitting the required documents. They can use motorcycles, scooters, or e-bikes, but the vehicle cannot be older than 2010.

The company was founded in 2015 as the Karrier by two IIT alumni and a PESU alumni – Aravind Sanka, Pavan Guntupalli, and SR Rishikesh. In September 2018, reports were that Rapido has over 15,000 registered riders, with an average rides of 30,000 per day. Subsequently, Hero MotoCorp chairman Pawan Munjal and former Google India head Rajan Anandan picked up stakes in the company. In 2019, Rapido co-founder Aravind Sanka claimed that the company has created more than 500,000 jobs in India.[8] In November 2019, the company claimed to have 1 crore registered users. After the breakout of COVID-19 pandemic, Rapido expanded its operations in logistics, providing hyperlocal delivery for local businesses and e-commerce companies. In October 2020, Rapido launched on-demand auto rickshaw hailing services in 14 cities. In April 2022, the company received $180 million in a funding round led by Swiggy, raising the company's valuation to $830 million. The Series D round of funding also saw the participation of TVS Motor Company, Westbridge, Shell Ventures, and Nexus Ventures.

Rapido Share Price, Unlisted Share Details as of March 31, 2023

Rapido Incorporation Details

Rapido Principal Business Activities

FAQs on Rapido

Q. What is the face value of Rapido shares?
Answer: The face value of Rapido shares is Rs.1

Q. What is the minimum lot size for buying Rapido shares through WWIPL?
Answer: The minimum lot size is 1000.

Q. How can I buy Rapido unlisted shares through WWIPL?
Answer: Investors can complete KYC formalities, confirm share availability and pricing, transfer funds, and receive shares directly into their Demat account through WWIPL.

Q. Why should I buy Rapido shares through WWIPL?
Answer: WWIPL offers verified transactions, transparent pricing, secure settlements, and dedicated support throughout the investment process.

Q. Is investing in Rapido a good idea?
Answer: Investors often evaluate Rapido based on its market share, revenue growth, unit economics, competitive positioning, and long-term prospects in India's mobility sector.

Q. Why are investors interested in Rapido shares before a potential IPO?
Answer: Investors seek early exposure to one of India's leading mobility platforms before a possible public listing and future liquidity event.

Q. What does Rapido do?
Answer: Rapido is a technology-driven mobility platform offering bike taxis, auto-rickshaw services, cab services, and logistics solutions across multiple Indian cities.

Q. What makes Rapido different from other ride-hailing companies?
Answer: Rapido built its brand around bike taxis and affordable urban mobility solutions, creating a differentiated position in the transportation market.

Q. What are the key growth drivers for Rapido?
Answer: Expansion into new cities, increasing ride volumes, growth in auto and cab services, customer acquisition, and improved unit economics can support future growth.

Q. What factors influence the valuation of Rapido shares?
Answer: Revenue growth, market share, funding round valuations, profitability trends, competitive dynamics, and IPO expectations are key valuation drivers.

Q. What documents are required to buy Rapido shares from WWIPL?
Answer: PAN Card, Aadhaar Card, Client Master Report (CMR), and bank account details are generally required to complete the transaction.

Q. Are Rapido shares available in Demat form?
Answer: Yes. Shares purchased through WWIPL are transferred directly to the investor's Demat account.

Q. Can I sell my Rapido shares through WWIPL?
Answer: Yes. WWIPL assists investors in both buying and selling unlisted shares, subject to market demand and liquidity.

Q. How long does it take for Rapido shares purchased through WWIPL to be credited to a Demat account?
Answer: Shares are generally transferred as per the agreed settlement timeline after successful transaction completion.

Q. What are the risks of investing in Rapido shares?
Answer: Investors should consider competition, regulatory changes, profitability challenges, valuation risks, and liquidity constraints in the unlisted market.

Q. Why do HNIs track Rapido unlisted shares closely?
Answer: Many investors view Rapido as a high-growth technology startup operating in India's rapidly expanding mobility and transportation market.

Q. Is Rapido planning an IPO?
Answer: Investors closely monitor developments regarding a potential Rapido IPO, as a public listing could provide liquidity and broader market participation.

Q. What should investors evaluate before investing in Rapido?
Answer: Investors should assess revenue growth, market share, customer retention, profitability trends, competitive positioning, valuation, and long-term scalability.

Q. How does WWIPL help investors track Rapido investments?
Answer: WWIPL provides pricing updates, company information, transaction assistance, and market insights related to Rapido unlisted shares.