Rama Telecom IPO
GMP, Subscription, Price, Dates & Financial Details
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…
Open Date
Wed, 25 Jun 2025
Close Date
Fri, 27 Jun 2025
Price Band
₹ 65 – 68
Lot Size
2000
Issue Size
₹ 25.13 Cr
Minimum Investment
₹ 272,000 (4000 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Rama Telecom IPO has successfully completed its IPO process and is now listed on NSE SME Platform. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹25.13 Crore, comprising a fresh issue of 36.96 Lakh equity shares aggregating to ₹25.13 Crore.
The Rama Telecom IPO remained open for subscription from June 25, 2025, to June 27, 2025. The basis of allotment was finalized on June 30, 2025, and the company's shares were listed on NSE SME Platform on July 02, 2025.
The company had fixed the price band at ₹65 to ₹68 per share, with a lot size of 2000 shares. Retail investors were required to make a minimum investment of ₹272,000 (based on the upper price band) to apply for one lot.
Cameo Corporate Services Limited served as the registrar to the issue. Affinity Global Capital Market Private Limited acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, Rama Telecom Limited is now a publicly listed company on NSE SME Platform. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
Rama Telecom IPO Timeline (Tentative)
- IPO Open Date
- Wed, 25 Jun 25
- IPO Close Date
- Fri, 27 Jun 25
- Basis of Allotment
- Mon, 30 Jun 25
- Initiation of Refunds
- Tue, 01 Jul 25
- Credit of Shares to Demat
- Tue, 01 Jul 25
- Listing Date
- Wed, 02 Jul 25 — NSE & BSE
Open Date
25 June 2025
Close Date
27 June 2025
Basis Of Allotment
30 June 2025
Listing Date
02 July 2025
IPO Subscription
Check Live Subscription →The Rama Telecom IPO has received bids for 58,28,000 shares against 35,10,000 shares offered, resulting in an overall subscription of 1.66x. the NII category is subscribed 1.88x, Retail Investors 1.82x, and QIBs 1x.
QIB
1x
NII
1.88x
RII
1.82x
Total
1.66x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 19,40,000 shares, representing 52.49% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 7,36,000 shares (19.91%), while Non-Institutional Investors (NIIs) receive 8,34,000 shares (22.56%).
| Category | Shares Offered | Shares Offered % |
|---|---|---|
| Market Maker | 186,000 | 5.03% |
| Qualified Institutions | 736,000 | 19.91% |
| Non-Institutional | 834,000 | 22.56% |
| Retail Investors | 1,940,000 | 52.49% |
| Total | 3,696,000 | 100% |
Financials Details(₹ 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 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Rama Telecom Limited KPI Information
| Particular | KPI as of Mon, Mar 31, 2025. |
|---|---|
| ROE % | 10.63 |
| ROCE % | 37.06 |
| Debt / Equity | 0.3 |
| RoNW % | 33.58 |
| Pat Margin % | 13.24 |
Peers Comparison
No Peer Comparision Available
About Rama Telecom Limited
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
Rama Telecom IPO 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%
Rama Telecom IPO Objective
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
Rama Telecom Limited Address / Contact Details
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
Rama Telecom IPO Lot Size
The Rama Telecom IPO has a lot size of 2,000 shares. Retail investors require a minimum investment of ₹1,36,000 by applying for 1 lot (2,000 shares). The maximum application allowed for the retail category is 1 lots (2,000 shares), requiring an investment of ₹1,36,000.
| 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 |
Issue Reservation
- Market Maker — 5.03%
- QIB — 19.91%
- NII — 22.56%
- RII — 52.49%
Book Running Lead Managers
- Affinity Global Capital Market Private Limited
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Rama Telecom IPO?
Rama Telecom IPO is a Book-building IPO with a total issue size of ₹25.13 crore. The Rama Telecom IPO price band is ₹65 to 68 per share. The Rama Telecom IPO subscription opens on Wed, Jun 25, 2025, and closes on Fri, Jun 27, 2025. The Rama Telecom IPO will be listed on the NSE. Cameo Corporate Services Limited is the registrar for the Rama Telecom IPO.
When will the Rama Telecom IPO open for subscription?
The Rama Telecom IPO opens on Wed, Jun 25, 2025 and closes on Fri, Jun 27, 2025
What is Rama Telecom IPO Price Band?
Rama Telecom IPO Price Band is ₹65 to 68 per share.
What is Rama Telecom IPO Lot Size?
Rama Telecom IPO lot size is 2000 shares, Retail investors need a minimum investment of ₹272000 based on the upper price band
What is the minimum investment for Rama Telecom IPO?
The minimum investment for Rama Telecom IPO is ₹272000, based on one lot of 2000 shares at the upper price band of ₹68 per share.
How to apply for Rama Telecom IPO?
Investors can apply for the Rama Telecom IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Fri, Jun 27, 2025. The application amount remains blocked until the Rama Telecom IPO allotment is finalized.
What is Rama Telecom IPO Issue Size?
Rama Telecom IPO issue size is ₹25.13 crores.
What is the Rama Telecom IPO Allotment Date?
Rama Telecom IPO allotment date is Mon, Jun 30, 2025.
Who is the Rama Telecom IPO Registrar?
The registrar for Rama Telecom IPO is Cameo Corporate Services Limited. Investors can go to Cameo Corporate Services Limited website to check Rama Telecom IPO allotment status, refund processing, and other IPO-related information.
What is the Rama Telecom IPO GMP?
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 4.41% over the issue price.
Who is the Rama Telecom IPO Lead Manager?
The book-running lead managers (BRLMs) for the Rama Telecom IPO are Affinity Global Capital Market Private Limited. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Rama Telecom IPO Red Herring Prospectus (RHP).