Rama Telecom IPO
Open SmeCurrent GMP
₹7 (+10.29%)
Price Band
₹ 65 – 68
Lot Size
2000
Issue Size
₹25.13 Cr
Minimum Investment
₹272000 (4000 Shares)
Listing Date
02 July 2025
Subscription
1.66x
About the Company
Established in July 2004, Rama Telecom Limited is a trusted provider of customized end-to-end (E2E) networking solutions in the telecommunications and data communications (datacom) sectors. The company has built a strong reputation for delivering high-quality, sustainable telecom infrastructure across India, with specialized expertise in optical fibre technology.
Core Competencies
Rama Telecom excels in optical fibre laying, infrastructure development, and the deployment of advanced networking solutions. The company’s technical capabilities include:
- Horizontal Directional Drilling (HDD)
- Optical Fibre Cable (OFC) laying and blowing
- Telecom infrastructure planning and execution
These services are delivered to a prestigious client base, including Indian Railways, Airtel, IOCL, the Airports Authority of India, and Reliance Jio, among others.
Service Offerings
Rama Telecom provides a comprehensive suite of services designed to meet the evolving needs of its clients:
- OFC Laying & Maintenance – Advanced fibre optic network installation using HDD and micro-trenching methods.
- Network Planning & Design – Tailored telecom network solutions optimized for scalability and efficiency.
- Installation & Commissioning – Full-service setup of telecom infrastructure, including towers, switching systems, and transmission networks.
- Turnkey Project Management – End-to-end handling of telecom projects, from concept through to delivery.
- Data Communication Solutions – Expansion of broadband and high-speed internet services to support India’s digital growth.
Strategic Partnerships
To enhance its service delivery, Rama Telecom collaborates with several leading OEMs and distributors, such as:
- Nokia, D-Link, Tejas Networks, Exide, Aaram Plastics, Mescab, Mrotek, Puncom, Statcon, Team Engineers, and Webfil
These alliances strengthen its technological capabilities and enable the company to deliver reliable, future-ready solutions.
As of March 31, 2025, Rama Telecom employs 40 professionals, including Directors, Key Managerial Personnel, and Senior Management. The team oversees operations, compliance, marketing, administration, and finance to ensure seamless project execution and business continuity.
Competitive Advantages
- Specialization in OFC Laying & HDD
- Pan-India execution capability
- Experience with major telecom operators including Reliance Jio, Airtel, Vodafone Idea, BSNL, and Tata Communications
- Customized telecom and datacom solutions
- Cloud-based services and data centre integration
- Skilled team in telecom engineering, project management, and network optimization
Promoters
- Mr. Rama Kant Lakhotia
- Mrs. Neena Lakhotia
- Ms. Nikita Lakhotia
- Ms. Simran Lakhotia
Promoters Holding
Holding Pre Issue
99.01%
Holding Post Issue
71.28%
Objects of the Issue
The Company Rama Telecom IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
- To meet working capital Expenses
- To meet Capital Expenditure
- General Corporate Purposes
- To meet the offer related expenses
Address / Contact Info
Rama Telecom Limited
Kamalalaya Centre 156A
Lenin Sarani, Room No-302,
3rd Floor
Kolkata, West Bengal, 700013
Phone: +91 62909 52944
Email: cs@ramatelecom.net
Website: https://ramatelecom.net/
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Wednesday, 25 June 2025
IPO Close Date
Friday, 27 June 2025
Basis of Allotment
Monday, 30 June 2025
Initiation of Refunds
Tuesday, 01 July 2025
Credit of Shares to Demat
Tuesday, 01 July 2025
Listing Date
Wednesday, 02 July 2025 — NSE & BSE
Important Dates
Open Date
25 June 2025
Close Date
27 June 2025
Basis Of Allotment
30 June 2025
Listing Date
02 July 2025
Financial Performance (₹ in Crores)
| Particular | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 28.65 | 19.44 | 16.41 |
| Revenue | 42.47 | 37.48 | 33.22 |
| Profit After Tax | 5.53 | 2.61 | 1.08 |
| Net Worth | 16.46 | 9.53 | 6.92 |
| Reserve & Surplus | 6.96 | 9.38 | 6.76 |
| Total Borrowings | 5 | 4.64 | 3.96 |
EPS Pre
5.82%
EPS Post
4.19%
P/E Pre
11.69
P/E (Post Issue)
16.23x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | KPI as of Mon, Mar 31, 2025. |
|---|---|
| ROE % | 10.63 |
| ROCE % | 37.06 |
| Debt / Equity | 0.3 |
| RoNW % | 33.58 |
| PbW | 0 |
| Pat Margin % | 13.24 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Market Maker | 186000 | 5.03 | 0 |
| Qualified Institutions | 736000 | 19.91 | 0 |
| Non-Institutional | 834000 | 22.56 | 0 |
| Retail Investors | 1940000 | 52.49 | 0 |
| Total | 3696000 | 100 | 0 |
Subscription Status ( Fri, 27 Jun 25 01:48 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 736000 | 736000 | 1x |
| Non-Institutional | 834000 | 1570000 | 1.88x |
| Retail Investors | 1940000 | 3522000 | 1.82x |
| Total | 3510000 | 5828000 | 1.66x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Peer Comparision
No Peer Comparision Available
Lot Size & Investment Details
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | 136,000.00 |
| Retail (Max) | 1 | 2,000 | 136,000.00 |
| S-HNI (Min) | 2 | 4,000 | 272,000.00 |
Registrar
Cameo Corporate Services Limited
044 - 2846 0390/91/92/93/94/95
cameo@cameoindia.com
https://cameoindia.com
Book Running Lead Managers
- Affinity Global Capital Market Private Limited
RHP Document
DRHP Document
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Rama Telecom IPO is a Book-building IPO worth ₹25.13 crores. The price band is ₹65 to 68 per share. The IPO opens on Wed, Jun 25, 2025 and closes on Fri, Jun 27, 2025. It will be listed on BSE and NSE. Cameo Corporate Services Limited is the registrar.
The Rama Telecom IPO opens on Wed, Jun 25, 2025 and closes on Fri, Jun 27, 2025
Rama Telecom IPO Price Band is ₹65 to 68.
Rama Telecom IPO lot size is 2000, and the minimum amount required for application is ₹272000.
The minimum investment for Rama Telecom IPO is approximately ₹272000 based on the upper price band.
To apply for the Rama Telecom IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Fri, Jun 27, 2025. After submission, funds are blocked until the basis of allotment of Rama Telecom IPO is finalised.
Rama Telecom IPO issue size is ₹25.13 crores.
Rama Telecom IPO allotment date is Sat, Jun 27, 2026.
The registrar for Rama Telecom IPO is Cameo Corporate Services Limited. Investors can go to Cameo Corporate Services Limited website for IPO allotment status, refund processing, and other queries related to Rama Telecom IPO through their official website or helpline.
The Rama Telecom IPO GMP (Grey Market Premium) is ₹3 as of Thu, Jun 26, 2025. Based on the upper price band of ₹68 per share, the estimated Rama Telecom IPO listing price is ₹71, indicating a potential listing gain of approximately 31% over the issue price.