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Rama Telecom IPO vs Safecure IPO

Comparison between Rama Telecom IPO and Safecure IPO.

IPO Details

Rama Telecom IPO is a SME Fixed Price IPO proposed to list at NSE SME while Safecure IPO is a SME Fixed Price proposed to list at BSE SME.

 Rama Telecom IPOSafecure IPO
LogoRama Telecom IPO LogoSafecure IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingFixed Price
Listing AtNSE SMEBSE SME
Lead ManagersAffinity Global Capital Market Pvt.Ltd.Sun Capital Advisory Services Pvt.Ltd.
RegistrarCameo Corporate Services Ltd.MUFG Intime India Pvt.Ltd.
Market MakerAsnani Stock Broker Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP
Anchor Investor
IPO Allotment URLIPO Allotment URL

Issue Size and Price

The total issue size of Rama Telecom IPO is up to ₹23.87 Cr whereas the issue size of the Safecure IPO is up to ₹0.00 Cr. The final issue price of Rama Telecom IPO is ₹68.00 per share and of Safecure IPO is .

 Rama Telecom IPOSafecure IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹65.00 per share
Issue Price (Upper)₹68.00 per share
Issue Price (Final)₹68.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size2000 shares
Fresh Issue Size35,10,000 shares30,00,000 shares
Fresh Issue Size (Amount)up to ₹23.87 Crup to ₹0.00 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total35,10,000 shares0 shares
Issue Size Total (Amount)up to ₹23.87 Crup to ₹0.00 Cr

IPO Timetable

Rama Telecom IPO opens on Jun 25, 2025, while Safecure IPO opens on . The closing date of Rama Telecom IPO and Safecure IPO is Jun 27, 2025, and , respectively.

 Rama Telecom IPOSafecure IPO
Anchor Bid Date
Issue OpenJun 25, 2025
Issue CloseJun 27, 2025
Basis Of Allotment (Tentative)Jun 30, 2025
Initiation of Refunds (Tentative)Jul 01, 2025
Credit of Share (Tentative)Jul 01, 2025
Listing date (Tentative)Jul 02, 2025
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Rama Telecom IPO P/E ratio is 11.69, as compared to Safecure IPO P/E ratio of .

 Rama Telecom IPOSafecure IPO
Financials

Rama Telecom Limited Financial Information (Restated)

Rama Telecom Limited'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.

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets28.6519.4416.41
Total Income42.4737.4833.22
Profit After Tax5.532.611.08
EBITDA8.004.101.65
Net Worth16.469.536.92
Reserves and Surplus6.969.386.76
Total Borrowing5.004.643.96
Amount in ₹ Crore

Safecure Services Limited Financial Information (Restated Consolidated)

Period Ended30 Jun 202431 Mar 202431 Mar 202331 Mar 2022
Assets39.937.3330.8928.8
Total Income15.5163.0647.7438.41
Profit After Tax1.525.593.931.46
Net Worth16.51159.336.9
Reserves and Surplus9.347.825.17.51
Total Borrowing15.3814.311.5112.66
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)98.9894.33
Promoter Shareholding (Post-Issue)71.28
P/E Ratio11.69
Market Cap₹89.76 Cr.
ROE10.63%37.82%
ROCE37.06%28.31%
Debt/Equity0.300.95
EPS₹5.82
RoNW33.58%37.82%

Shares Offered

In the Rama Telecom IPO Retail Individual Investors (RII) are offered 19,40,000 shares while in Safecure IPO retail investors are offered 19,40,000 shares. Qualified Institutional Buyers (QIB) are offered 7,36,000 shares in Rama Telecom IPO and in Safecure IPO.

 Rama Telecom IPOSafecure IPO
Anchor Investor Reserveration
Market Maker Reserveration1,86,000 shares
QIB7,36,000 shares
NII8,34,000 shares
RII19,40,000 shares
Employee0 shares
Others
Total35,10,000 shares

Bids Received (Subscription)

Rama Telecom IPO subscribed 1.61x in total, whereas Safecure IPO subscribed .

 Rama Telecom IPOSafecure IPO
QIB (times)1.00x
NII (times)1.66x
Big NII (times)
Small NII (times)
RII (times)1.82x
Employee (times)
Other (times)
Total (times)1.61x