Rama Telecom IPO Details
The key details of Rama Telecom’s IPO are outlined below, covering all crucial aspects from price range to investment requirements and regulatory documents.
| IPO Size | ₹25.13 Cr | 
| Price Range | ₹65 - ₹68 | 
| Retail Quota | 35% | 
| QIB Quota | 50% | 
| NII Quota | 15% | 
| Employee Discount | -- | 
| Listing at | NSE | 
| Minimum Quantity | 2000 | 
| Investment (cut-off price) | ₹1,36,000 | 
| Pre IPO Promotor Holding | 98.98% | 
| Post IPO Promotor Holding | Update soon | 
| DHRP Draft | Click Here | 
| RHP Draft | Click Here | 
| Anchor Investors List | Click Here | 
Rama Telecom IPO Timelines
The IPO process for Rama Telecom includes key dates for participants to know. The timeline allows for strategic planning and participation, helping investors stay informed and engaged throughout the entire process.
25/06/2025
Start Date27/06/2025
End Date01/07/2025
Refund Initiation01/07/2025
Credit of Shares to Demat Ac02/07/2025
Listing DateRama Telecom IPO Lot Size
The Rama Telecom IPO has a fixed lot size of 2,000 shares, at an upper price band of ₹68 per share, requiring ₹136,000 per lot for retail investors. For HNI investors, the minimum application is 4,000 shares (2 lots) amounting to ₹272,000.
| Application | Lot Size | Shares | Amount | 
|---|---|---|---|
| Retail Minimum | 1 | 2000 | ₹1,36,000 | 
| Retail Maximum | 1 | 2000 | ₹1,36,000 | 
| HNI Minimum | 2 | 4000 | ₹2,72,000 | 
Rama Telecom IPO Subscription Status
The subscription status for Rama Telecom IPO shows market demand across different investor categories, providing valuable insights into the offering’s performance. You can track real-time subscription data below.
| QIB | NII | Retail | EMP | Total | 
|---|---|---|---|---|
| 1.00x | 1.66x | 1.82x | -- | 1.61x | 
IPO Performance on Listing Day
On the listing day (July 2, 2025), Rama Telecom made a flat debut on the stock exchange. The stock opened at ₹72, delivering a modest premium of 5.9% over its issue price of ₹68. However, during the trading session, the stock witnessed volatility, climbing to a high of ₹75 while slipping to a low of ₹68.40. The shares concluded their first trading day at ₹68.40, closing nearly flat with a marginal gain of 0.6% over the issue price, reflecting cautious investor sentiment towards this telecom company.
| Opening Price | Closing Price | Day High | Day Low | 
|---|---|---|---|
| ₹72.00 | ₹68.40 | ₹75.00 | ₹68.40 | 
Rama Telecom IPO Company Financials
Rama Telecom reports robust performance in FY2024 with Total Income of ₹37.48 crores, managing expenses at ₹33.90 crores, and achieving a strong PAT (Profit After Tax) of ₹2.61 crores, demonstrating significant growth potential ahead of its public offering.
| Year | Total Income | Total Expense | PAT | 
|---|---|---|---|
| FY 2022 | ₹32.59 | ₹31.25 | ₹1.01 | 
| FY 2023 | ₹33.22 | ₹31.85 | ₹1.08 | 
| FY 2024 | ₹37.48 | ₹33.90 | ₹2.61 | 
| FY 2025 (6 M) | ₹18.91 | ₹16.34 | ₹1.92 | 
About Company
Rama Telecom Ltd, established in July 2004, offers end-to-end customized networking solutions across the telecom and datacom sectors. The company specializes in optical fibre laying and infrastructure development for prominent clients such as Indian Railways, Airtel, IOCL, and the Airport Authority of India. With a focus on sustainable practices and high professional standards, Rama Telecom delivers services that include Horizontal Directional Drilling (HDD), Optical Fibre Cable (OFC) laying and blowing, and other critical telecom infrastructure projects. They collaborate with leading OEMs and distributors like Nokia, D-Link, Tejas Networks, and Exide to enhance their technical capabilities and broaden their service offerings.
The company is also actively involved in infrastructure development, covering installation and maintenance of fibre optic networks, wireless communication systems, and broadband services across India. Rama Telecom’s comprehensive range of services includes OFC laying and maintenance, network planning and design, installation and commissioning of telecom equipment, and turnkey project management. Their solutions support scalable, efficient telecom networks and aid in expanding broadband access nationwide. As of September 30, 2024, the company operates with a 40-member team comprising directors, senior management, and key personnel responsible for overseeing operations, marketing, compliance, and finance.
| Incorporation Date | Sector | Managing Director | 
|---|---|---|
| 2004 | Telecom | Ramakant Lakhotia | 
Know Before Investing
Rama Telecom IPO Strengths
- The company is recognized for its technical capabilities, specializing in optical fiber solutions and end-to-end networking infrastructure.
 - Rama Telecom provides comprehensive, customized solutions from project design to execution and maintenance, ensuring seamless connectivity for clients.
 - Rama Telecom is committed to continuous network expansion and leveraging the latest technology for sustainable, long-term connectivity.
 - The company has a proven track record of serving prestigious clients such as Indian Railways, Airtel, Jio, Indian Oil Corporation Limited (IOCL), and the Airport Authority of India (AAI).
 - The company contributes to solid infrastructural growth across multiple regions, supporting telecom and datacom connectivity nationwide.
 - Rama Telecom aims to connect every corner of the country using updated, sustainable technology, reflecting a commitment to national digital infrastructure development.
 
Rama Telecom IPO Risks
- The company’s revenue depends on the timing and execution of telecom infrastructure projects, making cash flows uneven and subject to industry cycles.
 - Rama Telecom must comply with evolving government, telecom, and environmental regulations, with non-compliance risking penalties or operational disruptions.
 - Delays in project completion, cost overruns, or quality issues could negatively impact profitability and client relationships.
 - The business relies on a specialized workforce; any loss of key personnel or labor shortages could affect operations and project delivery.
 - The company’s debt-to-equity ratio, while manageable, indicates reliance on external financing, which could be a risk if interest rates rise or financial conditions tighten.
 
Swot Analysis for Rama Telecom IPO
Strengths
Established Industry Presence, Diverse Client Base, Comprehensive Service Portfolio
Weaknesses
Regional Concentration in Management, Dependence on Key Clients, Limited Brand Recognition
Opportunities
Infrastructure Growth, Technological Advancements, Sustainability Initiatives
Threats
Intense Competition, Regulatory and Compliance Risks, Supply Chain Disruptions
Company Details
Rama Telecom Limited
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/
IPO Registar Details
Cameo Corporate Services Limited
Phone: +91-44-28460390
Email: investor@cameoindia.com
Website: https://ipo.cameoindia.com/
FAQs
The key objectives of Rama Telecom IPO are:
- To meet working capital Expenses
 - To meet Capital Expenditure
 - General Corporate Purposes
 - To meet the offer related expenses
 
Affinity Global Capital Market Private Limited is the book-running lead managers for the Rama Telecom IPO.
Rama Telecom IPO showcases strong growth potential driven by its solid financial performance and strategic positioning in the expanding telecom infrastructure sector. With a FY2025 revenue of ₹42.47 crore and a net profit of ₹5.52 crore, the company has demonstrated robust profitability.
The issue price for the Rama Telecom IPO is set between ₹65 to ₹68 per share.
To invest in one lot of Rama Telecom IPO, you need 1,30,000 at the lower price band (₹65 per share) or ₹1,36,000 at the upper price band (₹68 per share) for a lot size of 2000 shares.
Rama Telecom IPO shares are scheduled to be listed on the National Stock Exchange (NSE) on July 2, 2025.
Refund/unblocking of funds for Rama Telecom IPO will begin on July 1, 2025. ASBA/UPI blocks will be removed within 1 working day.
You can sell shares your Rama Telecom IPO shares on listing day (July 2, 2025) after they are credited to your demat account. If you want to sell in the pre-open market, the timing for that session is from 9:00 AM to 9:15 AM. Otherwise, you can sell after 10:00 AM during regular trading hours.