Rama Telecom IPO
Rama Telecom IPO(RTL)
Overview
Rama Telecom IPO is a bookbuilding of ₹25.13 crores. The issue is entirely a fresh issue of 36.96 lakh shares. Rama Telecom IPO bidding opened for subscription on June 25, 2025 and will close on June 27, 2025. The allotment for the Rama Telecom IPO is expected to be finalized on Monday, June 30, 2025. Rama Telecom IPO will be list on NSE SME with a tentative listing date fixed as Wednesday, July 2, 2025. Rama Telecom IPO price band is set at ₹65 to ₹68 per share. The minimum lot size for an application is 2000. The minimum amount of investment required by retail investors is ₹1,30,000. But it is suggested to the investor to bid at the cutoff price to avoid the oversubscription senerio, which is about to ₹1,36,000. The minimum lot size investment for HNI is 2 lots (4,000 shares) amounting to ₹2,72,000. Affinity Global Capital Market Private Limited is the book-running lead manager of the Rama Telecom IPO, while Cameo Corporate Services Limited is the registrar for the issue.The market maker for Rama Telecom IPO is Asnani Stock Broker Private Limited. Refer to Rama Telecom IPO RHP for detailed information.
Issue Size
₹36,96,000
Issue Price
₹25.13 Cr
Price Band
₹65 – ₹68
Lot Size
2000 shares
Min. Investment
₹1,30,000
Max. Investment
₹1,36,000
Open Date
25 Jun, 2025
Close Date
27 Jun, 2025
Allotment
30 Jun, 2025
Listing
02 Jul, 2025
Max. Investment
₹1,36,000
Announced
25 Jun, 2025
Opening Date
25 Jun, 2025
Closing Date
27 Jun, 2025
Basis of Allotment
30 Jun, 2025
Initiation of Refunds
01 Jul, 2025
Credit of Shares
01 Jul, 2025
Listing Date
02 Jul, 2025
Live GMP
Est. Listing: ₹72
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Rama Telecom IPO
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
Rama Telecom IPO
Issue Breakdown
Shareholding
Dilution: 38.9% increase in shares
Rama Telecom IPO Promoters
Rama Telecom IPO Financial Health
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.
Rama Telecom IPO Lot Size
Investors can bid for a minimum of 2,000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Max) | 1 | 2000 | ₹1,36,000 |
| Retail (Min) | 1 | 2000 | ₹1,36,000 |
| HNI (Min) | 2 | 4000 | ₹2,72,000 |
(All values in CR)
Rama Telecom IPO Valuation
The market capitalization of Rama Telecom IPO is ₹89.76 Cr. KPI as of Mon, Mar 31, 2025.
| Metric | Value |
|---|---|
| Debt/Equity | 0.30 |
| EBITDA Margin | 17.44% |
| PAT Margin | 13.24% |
| Price to Book Value | 3.91 |
| ROCE | 37.06% |
| ROE | 10.63% |
| RoNW | 33.58% |
(All values in CR)
Rama Telecom IPO Strength & Risk
Rama Telecom IPO Strength:
- It specializes in optical fiber cable (OFC) laying, horizontal directional drilling (HDD), and network expansion across India.
- Collaborates with major telecom service providers such as Reliance Jio, Airtel, Vodafone Idea, BSNL, and Tata Communications.
- Pan-India Presence and Execution Capability.
- Offers data centre solutions and cloud-based services for enterprises.
- Provides customised, high-quality telecom solutions tailored to client needs.
- Experienced professionals in telecom engineering, project management, and network optimisation.
Rama Telecom IPO Risk:
SME listing on NSE EMERGE entails thin liquidity and high post-listing volatility.
Heavy promoter concentration (98.98% pre-IPO) leads to low public float.
Use of proceeds for working capital and capex adds execution risk.
Dependence on a few large clients, including PSU/government projects.
Skilled manpower reliance—attrition or staffing shortfalls could impact delivery.
Limited historical data makes valuation and risk assessment difficult.
Sector risks: telecom infrastructure is capital-intensive and subject to regulatory changes.
Vulnerable to sector-wide trends; government policy or competitor dynamics may affect business.
Rama Telecom IPO Subscription
Rama Telecom IPO subscribed 0.88 times. The public issue subscribed 0.98 times in the retail category, 1.00 times in QIB, and 0.53 times in the NII category by June 26, 2025 3:54:03 PM (Day 2).
| Investor Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (Rs Cr.) |
|---|---|---|---|---|
| Market Maker | 1.00 | 1,86,000 | 1,86,000 | 1.265 |
| Non-Institutional Buyers | 0.53 | 8,34,000 | 4,46,000 | 3.033 |
| Qualified Institutions | 1.00 | 7,36,000 | 7,36,000 | 5.005 |
| Retail Investors | 0.98 | 19,40,000 | 19,08,000 | 12.974 |
| Total | 0.88 | 35,10,000 | 30,90,000 | 21.012 |
Rama Telecom SME IPO GMP
Rama Telecom SME IPO last GMP is ₹0, last updated Jun 26th 2025 03:30 PM. With the price band of 68.00, Rama Telecom SME IPO's estimated listing price is ₹68 (cap price + today's GMP).The expected percentage gain/loss per share is 0.00%. The lowest GMP is ₹0.00, while the highest GMP is ₹7.50. Stay with us to know the daily price trend of Rama Telecom SME IPO GMP with expected listing price.
Last updated 23 Jun, 2025 · Source: aggregated grey-market dealers
| Date | IPO Price | GMP | Sub2 Sauda | Est. Listing | Est. Profit | Updated |
|---|---|---|---|---|---|---|
| 23 Jun, 2025 | 68 | ₹4▼ | 6100 | ₹72 (5.88%) | - | 23 Jun, 2025 |
| 24 Jun, 2025 | 68 | ₹5▼ | 7600 | ₹73 (7.35%) | - | 24 Jun, 2025 |
| 25 Jun, 2025 | 68 | ₹7.5▲ | 11400 | ₹75.5 (11.03%) | - | 25 Jun, 2025 |
| 26 Jun, 2025 | 68 | ₹0 | - | ₹68 (0.00%) | - | 26 Jun, 2025 |
Disclaimer: GMP is an unofficial signal from grey-market dealers and is not regulated by SEBI. Use it alongside subscription data and other research for informed decision-making.
Rama Telecom IPO
To check Rama Telecom IPO allotment status, follow the steps below: Click on the below allotment status check button. Select Company Name. Enter your PAN Number, Application Number or DP Client ID (Anyone). Click on Search. On securing the allotment, you will receive the credit of equivalent shares in your Demat account.
Login to Your Trading App
Open Zerodha, Upstox, Groww, Angel One, or any brokerage app.
Go to IPO Section
Find Rama Telecom IPO under the IPO section. Select it and enter your bid details — choose lot size and price (cut-off price recommended).
Enter UPI ID and Submit
Provide your UPI ID linked to your bank account and submit the application.
Approve Mandate on UPI App
Open your UPI app (Google Pay, PhonePe, Paytm, BHIM) and approve the IPO payment request.
Application Confirmed
Your funds will be blocked in your account until the IPO allotment process is completed.