Rama Telecom IPO is scheduled to open for subscription on Wednesday, June 25, 2025, and will close on Friday, June 27, 2025. The basis of allotment is expected on Monday, June 30, 2025, with refunds and credit of shares to Demat accounts by Tuesday, July 1, 2025. The company is likely to be listed on the NSE SME platform on Wednesday, July 2, 2025. UPI mandate confirmation must be done before 5 PM on June 27, 2025.
Rama Telecom IPO is a book-building issue of ₹25.13 crores, entirely consisting of a fresh issue of 36.96 lakh equity shares. The price band is set between ₹65 to ₹68 per share, with a minimum lot size of 2,000 shares. Retail investors need to invest at least ₹1,30,000, but it is recommended to apply at the cutoff price, requiring around ₹1,36,000. For HNI applicants, the minimum investment is ₹2,72,000 for 2 lots (4,000 shares).
In terms of financial performance, Rama Telecom has shown consistent growth over the past three years. Its revenue increased from ₹33.22 crore in FY2023 to ₹42.47 crore in FY2025, reflecting a healthy upward trend. The Profit After Tax (PAT) also rose significantly, from ₹1.08 crore in FY2023 to ₹5.53 crore in FY2025, showing strong profitability.
EBITDA improved from ₹1.65 crore to ₹8.00 crore during the same period. The company’s net worth stood at ₹16.46 crore as of March 31, 2025, and total assets reached ₹28.65 crore. With moderate borrowings of ₹5.00 crore and growing reserves, Rama Telecom appears to be financially stable and expanding steadily.
Overview of Contents
About Rama Telecom IPO
Rama Telecom Limited, established in July 2004, is a company that provides complete end-to-end networking solutions in the telecom and datacom sector. The company has strong expertise in optical fibre technologies and is mainly involved in fibre laying and telecom infrastructure development. It works with well-known clients like Indian Railways, Airtel, IOCL, and the Airport Authority of India, focusing on delivering seamless networking solutions through professional and sustainable methods.
The company offers a range of services, including Optical Fibre Cable (OFC) laying and maintenance using advanced methods like Horizontal Directional Drilling (HDD) and micro-trenching. It also provides network planning, customised telecom design, installation of telecom equipment, mobile towers, and turnkey project management from start to finish. Rama Telecom also plays an important role in expanding high-speed internet and broadband services across different regions of India.
To enhance its service offerings, the company has partnered with several Original Equipment Manufacturers (OEMs) and distributors such as Nokia, D-Link, Tejas Networks, Exide, Aaram Plastics, and more. It also works closely with major telecom service providers like Reliance Jio, Airtel, Vodafone Idea, BSNL, and Tata Communications. With its pan-India presence and a strong team of skilled professionals in telecom engineering, project management, and network optimisation, Rama Telecom delivers reliable, high-quality, and customised solutions. As of September 30, 2024, the company has a team of 40 employees including directors, key management, and senior staff handling day-to-day operations, marketing, compliance, and finance.
Rama Telecom IPO Overview
| Particulars | Details |
|---|---|
| Listing At | NSE SME |
| Issue Type | Book Building IPO |
| Face Value | ₹10 per share |
| Price Band | ₹65 to ₹68 per share |
| Lot Size | 2,000 shares |
| Minimum Retail Investment | ₹1,30,000 – ₹1,36,000 (Cut-off) |
| Total Issue Size | 36,96,000 shares (₹25.13 Cr approx.) |
| Fresh Issue | Entirely fresh issue |
| Market Maker Portion | 1,86,000 shares (₹1.26 Cr approx.) |
| Net Offer to Public | 35,10,000 shares (₹23.87 Cr approx.) |
| Pre-Issue Shareholding | 95,03,349 shares |
| Post-Issue Shareholding | 1,31,99,349 shares |
| Retail Portion | 19,40,000 shares (52.49%) |
| HNI (NII) Portion | 8,34,000 shares (22.56%) |
| QIB Portion | 7,36,000 shares (19.91%) |
| Market Maker Allocation | 1,86,000 shares (5.03%) |
Rama Telecom IPO Prospectus
| DRHP | Click here |
| RHP | Click here |
Rama Telecom IPO Dates
| Event | Date & Day |
|---|---|
| IPO Open Date | Wednesday, June 25, 2025 |
| IPO Close Date | Friday, June 27, 2025 |
| Basis of Allotment (Tentative) | Monday, June 30, 2025 |
| Initiation of Refunds | Tuesday, July 1, 2025 |
| Credit of Shares to Demat | Tuesday, July 1, 2025 |
| Listing Date (Tentative) | Wednesday, July 2, 2025 |
| UPI Mandate Confirmation Deadline | 5:00 PM, Friday, June 27, 2025 |
Rama Telecom IPO GMP
The grey market premium (GMP) of Rama Telecom IPO shows how much demand is there for the shares before listing. GMP gives an idea of how the IPO might perform on the listing day. Please note that GMP keeps changing daily based on market mood and demand. Investors should not fully depend on GMP and should check company fundamentals before investing.
- To Be Updated Soon
Rama Telecom IPO Lot Size
Investors can apply for a minimum of 1 lot (2,000 shares) in the Rama Telecom IPO, with bids in multiples thereof. The minimum investment for retail investors is ₹1,36,000, and the minimum for HNIs is 2 lots (4,000 shares) amounting to ₹2,72,000. The lot size remains the same for both minimum and maximum bids for retail applicants.
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min/Max) | 1 | 2,000 | ₹1,36,000 |
| HNI (Min) | 2 | 4,000 | ₹2,72,000 |
Rama Telecom IPO Promoter Holding
The promoters of Rama Telecom Limited are Mr. Rama Kant Lakhotia, Mrs. Neena Lakhotia, Ms. Nikita Lakhotia, and Ms. Simran Lakhotia. Before the IPO, the promoters held a 98.98% stake in the company. After the issue, their shareholding will be reduced due to equity dilution, but they will continue to hold a majority stake.
Rama Telecom IPO Financial Performance
| Particulars | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Total Assets | ₹28.65 Cr | ₹19.44 Cr | ₹16.41 Cr |
| Revenue | ₹42.47 Cr | ₹37.48 Cr | ₹33.22 Cr |
| Profit After Tax (PAT) | ₹5.53 Cr | ₹2.61 Cr | ₹1.08 Cr |
| EBITDA | ₹8.00 Cr | ₹4.10 Cr | ₹1.65 Cr |
| Net Worth | ₹16.46 Cr | ₹9.53 Cr | ₹6.92 Cr |
| Reserves & Surplus | ₹6.96 Cr | ₹9.38 Cr | ₹6.76 Cr |
| Total Borrowing | ₹5.00 Cr | ₹4.64 Cr | ₹3.96 Cr |
Rama Telecom IPO Valuation – FY2025
| Metric | Value |
|---|---|
| Market Capitalization | ₹89.76 Crore |
| Return on Equity (ROE) | 10.63% |
| Return on Capital Employed (ROCE) | 37.06% |
| Debt-to-Equity Ratio | 0.30 |
| Return on Net Worth (RoNW) | 33.58% |
| PAT Margin | 13.24% |
| EBITDA Margin | 17.44% |
| Price to Book Value | 3.91 |
Rama Telecom Offer Lead Manager
AFFINITY GLOBAL CAPITAL MARKET PRIVATE LIMITED
20B, Abdul Hamid Street, East India House,
1st Floor, Room No. 1G, Kolkata – 700069
Phone: +91 33 4004 7188
Email: [email protected]
Website: www.affinityglobalcap.in
Rama Telecom Offer Registrar
CAMEO CORPORATE SERVICES LIMITED
“Subramanian Building”, No. 01, Club House Road,
Mount Road, Chennai – 600 002, Tamil Nadu
Phone: +91-44-40020700 / 2846 0390
Email: [email protected]
Website: www.cameoindia.com
Rama Telecom Contact Details
RAMA TELECOM LIMITED
Kamalalaya Centre 156A, Lenin Sarani,
Room No-302, 3rd Floor Kolkata
West Bengal-700013, Kolkata, India – 700013
Phone: +91 62909 52944
E-mail: [email protected]
Website: www.ramatelecom.net
Rama Telecom IPO FAQs
What are the IPO opening and closing dates?
The IPO opens on Wednesday, June 25, 2025, and closes on Friday, June 27, 2025.
What is the IPO price band and lot size?
The price band is ₹65 to ₹68 per share. The minimum lot size is 2,000 shares, requiring an investment of ₹1,36,000.
How much is the total issue size?
The total issue size is 36.96 lakh shares, aggregating up to ₹25.13 crore, and it is entirely a fresh issue.
What is the face value of the shares?
The face value is ₹10 per equity share.
When is the allotment expected to be finalized?
The basis of allotment is expected on Monday, June 30, 2025.
When will shares be credited to the Demat account?
Shares will be credited on Tuesday, July 1, 2025.
What is the tentative listing date of the IPO?
The stock is proposed to list on the NSE SME on Wednesday, July 2, 2025.