Comparison between Ecoline Exim IPO and Rama Telecom IPO.
Ecoline Exim IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Rama Telecom IPO is a SME Bookbuilding proposed to list at NSE SME.
| Ecoline Exim IPO | Rama Telecom IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Hem Securities Ltd. | Affinity Global Capital Market Pvt.Ltd. |
| Registrar | MUFG Intime India Pvt.Ltd. | Cameo Corporate Services Ltd. |
| Market Maker | Hem Finlease Pvt.Ltd. | Asnani Stock Broker Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Ecoline Exim IPO is up to ₹72.59 Cr whereas the issue size of the Rama Telecom IPO is up to ₹23.87 Cr. The final issue price of Ecoline Exim IPO is ₹141.00 per share and of Rama Telecom IPO is ₹68.00 per share.
| Ecoline Exim IPO | Rama Telecom IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹134.00 per share | ₹65.00 per share |
| Issue Price (Upper) | ₹141.00 per share | ₹68.00 per share |
| Issue Price (Final) | ₹141.00 per share | ₹68.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 1000 shares | 2000 shares |
| Fresh Issue Size | 40,68,000 shares | 35,10,000 shares |
| Fresh Issue Size (Amount) | up to ₹57.36 Cr | up to ₹23.87 Cr |
| OFS Issue Size | 10,80,000 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹15.23 Cr | up to ₹0.00 Cr |
| Issue Size Total | 51,48,000 shares | 35,10,000 shares |
| Issue Size Total (Amount) | up to ₹72.59 Cr | up to ₹23.87 Cr |
Ecoline Exim IPO opens on Sep 23, 2025, while Rama Telecom IPO opens on Jun 25, 2025. The closing date of Ecoline Exim IPO and Rama Telecom IPO is Sep 25, 2025, and Jun 27, 2025, respectively.
| Ecoline Exim IPO | Rama Telecom IPO | |
|---|---|---|
| Anchor Bid Date | Sep 22, 2025 | |
| Issue Open | Sep 23, 2025 | Jun 25, 2025 |
| Issue Close | Sep 25, 2025 | Jun 27, 2025 |
| Basis Of Allotment (Tentative) | Sep 26, 2025 | Jun 30, 2025 |
| Initiation of Refunds (Tentative) | Sep 29, 2025 | Jul 01, 2025 |
| Credit of Share (Tentative) | Sep 29, 2025 | Jul 01, 2025 |
| Listing date (Tentative) | Sep 30, 2025 | Jul 02, 2025 |
| Anchor Lockin End date 1 | Oct 25, 2025 | |
| Anchor Lockin End date 2 | Dec 24, 2025 |
Ecoline Exim IPO P/E ratio is 12.12, as compared to Rama Telecom IPO P/E ratio of 11.69.
| Ecoline Exim IPO | Rama Telecom IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Financials | Company Financials (Restated Consolidated)Ecoline Exim Ltd.'s revenue decreased by 3% and profit after tax (PAT) dropped by 17% between the financial year ending with March 31, 2025 and March 31, 2024.
| Company Financials (Restated)Rama Telecom Ltd.'s revenue increased by 13% and profit after tax (PAT) rose by 112% between the financial year ending with March 31, 2025 and March 31, 2024.
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| Promoter Shareholding (Pre-Issue) | 100 | 98.98 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.58 | 71.28 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 12.12 | 11.69 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹289.27 Cr. | ₹89.76 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 23.51% | 10.63% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 21.14% | 37.06% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.45 | 0.30 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹11.64 | ₹5.82 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 21.28% | 33.58% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Ecoline Exim IPO Retail Individual Investors (RII) are offered 18,02,000 shares while in Rama Telecom IPO retail investors are offered 18,02,000 shares. Qualified Institutional Buyers (QIB) are offered 10,30,000 shares in Ecoline Exim IPO and 7,36,000 shares in Rama Telecom IPO.
| Ecoline Exim IPO | Rama Telecom IPO | |
|---|---|---|
| Anchor Investor Reservation | 15,43,000 shares | |
| Market Maker Reservation | 2,72,000 shares | 1,86,000 shares |
| QIB | 10,30,000 shares | 7,36,000 shares |
| NII | 7,73,000 shares | 8,34,000 shares |
| RII | 18,02,000 shares | 19,40,000 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 51,48,000 shares | 35,10,000 shares |
Ecoline Exim IPO subscribed 6.06x in total, whereas Rama Telecom IPO subscribed 1.61x.
| Ecoline Exim IPO | Rama Telecom IPO | |
|---|---|---|
| QIB (times) | 9.51x | 1.00x |
| NII (times) | 5.41x | 1.66x |
| Big NII (times) | 5.62x | |
| Small NII (times) | 4.97x | |
| RII (times) | 4.37x | 1.82x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 6.06x | 1.61x |
