Bookbuilding IPO | ₹25 Cr | Listed at NSE SME | Wed, Jun 25, 2025 - Fri, Jun 27, 2025
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 per share. The lot size for an application is 2,000. The minimum amount of investment required by an retail is ₹1,36,000 (2000 shares) (based on upper price). The minimum lot size for investment in 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 Open
Wed, Jun 25, 2025
IPO Close
Fri, Jun 27, 2025
Issue Price
₹68 per share
Market Cap (Pre-IPO)
₹89.76 Cr
| IPO Date | 25 to 27 Jun, 2025 |
| Listed on | Wed, Jul 2, 2025 |
| Face Value | ₹10 per share |
| Price Band | ₹65 to ₹68 |
| Issue Price | ₹68 per share |
| Lot Size | 2,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Total Issue Size | 36,96,000 shares (agg. up to ₹25 Cr) |
| Reserved for Market Maker | 1,86,000 shares Asnani Stock Broker Pvt.Ltd. (agg. up to ₹1 Cr) |
| Fresh Issue (Ex Market Maker) | 35,10,000 shares (agg. up to ₹24 Cr) |
| Net Offered to Public | 35,10,000 shares (agg. up to ₹24 Cr) |
| Share Holding Pre Issue | 95,03,349 shares |
| Share Holding Post Issue | 1,31,99,349 shares |
| NSE Symbol | RTL |
| ISIN | INE14W901010 |
Rama Telecom IPO comprises a total issue size of 36,96,000 shares. The net offer to the public is 35,10,000 shares, after excluding 1,86,000 shares allotted on a firm basis. Of the Net offer 7,36,000 (20.97%) are allocated to QIB, 8,34,000 (23.76%) allocated to NII 19,40,000 (55.27%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB Shares Offered | 7,36,000 | 20.97% | 19.91% |
| NII (HNI) Shares Offered | 8,34,000 | 23.76% | 22.56% |
| Retail Shares Offered | 19,40,000 | 55.27% | 52.49% |
| Firm Reservations | |||
| Market Maker Shares Offered | 1,86,000 | 5.03% | |
| Total Shares Offered | 36,96,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 2,000 shares and in multiples thereof.
| 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 |
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 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.
| 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 Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 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 |
| KPI | Mar 31, 2025 |
|---|---|
| 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 (₹) | 5.82 | 4.19 |
| P/E (x) | 11.69 | 16.23 |
| Promoter Holding | 98.98% | 71.28% |
| Market Cap | ₹89.76 Cr. |
The Rama Telecom IPO is subscribed 1.61 times on June 27, 2025 6:19:02 PM (Day 3). The public issue subscribed 1.82 times in the retail category, 1.00 times in the QIB category, and 1.66 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for | Total Application |
|---|---|---|---|---|
| QIB | 1.00 | 7,36,000 | 7,36,000 | 1 |
| NII* | 1.66 | 8,34,000 | 13,84,000 | 117 |
| Retail | 1.82 | 19,40,000 | 35,22,000 | 1,761 |
| Total | 1.61 | 35,10,000 | 56,42,000 | 1,879 |
Total Application : 1,879
*Market Maker portion is not included to NII/HNI.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Book Running Lead Manager Fees | 1.25 |
| 2 | Underwriting Fees | 0.56 |
| 3 | Fees Payable to the Market Maker to the Issue | 0.06 |
| 4 | Fees Payable to the Registrar to the Issue | 0.01 |
| 5 | Fees Payable for Advertsing and Publishing expenses | 0.20 |
| 6 | Fees payable to Regulators including Stock Exchange and Depositories | 0.12 |
| 7 | Payment fees for Printing & Stationery, Postages, etc | 0.00 |
| 8 | Fees payable to Statutory Auditor, Legal Advisors and other Professionals | 0.02 |
| 9 | Others | 0.42 |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹68.00 |
| Open | ₹72.00 |
| Low | ₹68.40 |
| High | ₹75.00 |
| Last Trade | ₹68.40 |
Lead Manager Reports
Rama Telecom IPO is a SME IPO of 36,96,000 equity shares of the face value of ₹10 aggregating up to ₹25 Crores. The issue is priced at ₹68 per share. The minimum order quantity is 2000.
The IPO opens on Wed, Jun 25, 2025, and closes on Fri, Jun 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 Wed, Jun 25, 2025 and closes on Fri, Jun 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 Tue, Jul 1, 2025. Check the Rama Telecom IPO allotment status.
The Rama Telecom IPO listing date is on Wed, Jul 2, 2025.
