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Rama Telecom IPO is a book build issue of ₹25.13 crores. The issue is entirely a fresh issue of 0.37 crore shares of ₹25.13 crore.
Rama Telecom IPO bidding started from Jun 25, 2025 and ended on Jun 27, 2025. The allotment for Rama Telecom IPO was finalized on Jun 30, 2025. The shares got listed on NSE SME on Jul 2, 2025.
Rama Telecom IPO price band is set at ₹68.00 per share . The lot size for an application is 2,000. The minimum amount of investment required by an retail is ₹1,30,000 (2000 shares). The minimum lot size investment for HNI is 2 lots (4,000 shares), amounting to ₹2,72,000.
Affinity Global Capital Market Pvt.Ltd. is the book running lead manager and Cameo Corporate Services Ltd. is the registrar of the issue. The market maker of the company is Asnani Stock Broker Pvt.Ltd..
Refer to Rama Telecom IPO RHP for detailed Information.
| IPO Date | June 25, 2025 to June 27, 2025 |
| Listing Date | July 2, 2025 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹65 to ₹68 per share |
| Issue Price Final | ₹68 per share |
| Lot Size | 2,000 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 36,96,000 shares (aggregating up to ₹25.13 Cr) |
| Reserved for Market Maker | 1,86,000 shares Asnani Stock Broker Pvt.Ltd. (aggregating up to ₹1.26 Cr) |
| Net Offered to Public | 35,10,000 shares (aggregating up to ₹23.87 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 95,03,349 shares |
| Share Holding Post Issue | 1,31,99,349 shares |
Rama Telecom IPO offers total 36,96,000 shares. Out of which 7,36,000 (19.91%) allocated to QIB, 8,34,000 (22.56%) allocated to NII, 19,40,000 (52.49%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 1,86,000 (5.03%) |
| QIB Shares Offered | 7,36,000 (19.91%) |
| NII (HNI) Shares Offered | 8,34,000 (22.56%) |
| Retail Shares Offered | 19,40,000 (52.49%) |
| Total Shares Offered | 36,96,000 (100.00%) |
Rama Telecom IPO opens on June 25, 2025, and closes on June 27, 2025.
| IPO Open Date | Wed, Jun 25, 2025 |
| IPO Close Date | Fri, Jun 27, 2025 |
| Tentative Allotment | Mon, Jun 30, 2025 |
| Initiation of Refunds | Tue, Jul 1, 2025 |
| Credit of Shares to Demat | Tue, Jul 1, 2025 |
| Tentative Listing Date | Wed, Jul 2, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on Fri, Jun 27, 2025 |
Investors can bid for a minimum of 2,000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹1,36,000 |
| Retail (Max) | 1 | 2,000 | ₹1,36,000 |
| HNI (Min) | 2 | 4,000 | ₹2,72,000 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Established in July 2004, Rama Telecom Ltd provides customized E2E networking solutions in the Telecom & Datacom forefront
The company specialises in optical fibre laying and infrastructure development for clients such as Indian Railways, Airtel, IOCL, and the Airport Authority of India, focusing on seamless networking with sustainable methods and delivering professional quality in telecom and datacom projects.
With expertise in optical fibre technologies, the company provides services such as Horizontal Directional Drilling (HDD), Optical Fibre Cable (OFC) laying and blowing, and related telecom infrastructure projects.
Rama Telecom also partners with various Original Equipment Manufacturers (OEMs) and distributors, including Nokia, D-Link, Tejas Networks, Exide, Aaram Plastics, Mescab, Mrotek, Puncom, Statcon, Team Engineers, and Webfil, to strengthen its service offerings.
The company is involved in infrastructure development, including the installation and maintenance of fibre optic networks, wireless communication solutions, and broadband connectivity services.
As of September 30, 2024, the company has 40 employees, including Directors and Key Managerial Personnel overseeing operations, compliance, and Senior Managerial Personnel managing administration, marketing, and accounting functions according to their goals.
Competitive Strength:
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 Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 28.65 | 19.44 | 16.41 |
| Total Income | 42.47 | 37.48 | 33.22 |
| Profit After Tax | 5.53 | 2.61 | 1.08 |
| EBITDA | 8.00 | 4.10 | 1.65 |
| Net Worth | 16.46 | 9.53 | 6.92 |
| Reserves and Surplus | 6.96 | 9.38 | 6.76 |
| Total Borrowing | 5.00 | 4.64 | 3.96 |
| Amount in ₹ Crore | |||
The market capitalization of Rama Telecom IPO is ₹89.76 Cr.
KPI as of Mon, Mar 31, 2025.
| KPI | Values |
|---|---|
| ROE | 10.63% |
| ROCE | 37.06% |
| Debt/Equity | 0.30 |
| RoNW | 33.58% |
| PAT Margin | 13.24% |
| EBITDA Margin | 17.44% |
| Price to Book Value | 3.91 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS Rs | 5.82 | 4.19 |
| P/E (x) | 11.69 | 16.23 |
The Company Rama Telecom IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (₹ in crores) |
|---|---|---|
| 1 | To meet working capital Expenses | 14.01 |
| 2 | To meet Capital Expenditure | 6.14 |
| 3 | General Corporate Purposes | 2.34 |
| 4 | To meet the offer related expenses | 2.64 |
[Dilip Davda] RTL is engaged in technology driven engineering solutions provider primarily in optical fiber front. It marked growth in its top and bottom lines for the reported periods. The sudden boost in net margins for FY25 raises eyebrows and concern over its sustainability as it is operating in a highly competitive and fragmented segment. Based on recent financial data, the issue appears fully priced. Well-informed investors may park moderate funds for medium term. Read detail review...
| Listing Date | July 2, 2025 |
| BSE Script Code | |
| NSE Symbol | RTL |
| ISIN | INE14W901010 |
| Final Issue Price | ₹68 per share |
| NSE Listing Group | ST (Trade to Trade) |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹68.00 |
| Open | ₹72.00 |
| Low | ₹68.40 |
| High | ₹75.00 |
| Last Trade | ₹68.40 |
Rama Telecom Ltd.
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/
Cameo Corporate Services Ltd.
Phone: +91-44-28460390
Email: investor@cameoindia.com
Website: https://ipo.cameoindia.com/
Rama Telecom IPO is a SME IPO of 36,96,000 equity shares of the face value of ₹10 aggregating up to ₹25.13 Crores. The issue is priced at ₹68 per share. The minimum order quantity is 2000.
The IPO opens on June 25, 2025, and closes on June 27, 2025.
Cameo Corporate Services Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Rama Telecom IPO using UPI as a payment gateway. Zerodha customers can apply in Rama Telecom IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Rama Telecom IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Rama Telecom IPO opens on June 25, 2025 and closes on June 27, 2025.
Rama Telecom IPO lot size is 2000, and the minimum amount required for application is ₹1,36,000.
You can apply in Rama Telecom IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Rama Telecom IPO will be done on Monday, June 30, 2025, and the allotted shares will be credited to your demat account by Tuesday, July 1, 2025. Check the Rama Telecom IPO allotment status.
The Rama Telecom IPO listing date is on Wednesday, July 2, 2025.
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