Rama Telecom IPO - AstroIPO

Rama Telecom IPO


July 17, 2025 Written By Mihir Gohel, Reviewed and Fact Checked by Harpal Parmar

Rama Telecom Ltd. is set to make its public market entrance in India’s evolving telecommunications landscape. The Rama Telecom IPO will open for subscription from June 25th to June 27th, 2025, presenting a public offering of ₹25.13 crores, comprising 36,96,000 shares priced between ₹65 to ₹68 per share.

Retail investors can participate with a minimum application of 2,000 shares, requiring an investment of ₹1,36,000 at the cut-off price. The shares offered in the Rama Telecom IPO, carrying a face value of ₹10, will be listed on the NSE exchange, providing investors access to this telecommunications venture.

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 Date
27/06/2025
End Date
30/06/2025
Allotment Date View Status
01/07/2025
Refund Initiation
01/07/2025
Credit of Shares to Demat Ac
02/07/2025
Listing Date

Rama 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

When evaluating Rama Telecom's IPO potential, understanding both its market advantages and inherent risks becomes crucial for your investment. Below are the key insights you should consider.

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

Understanding Rama Telecom's SWOT analysis is your first step towards making a confident investment decision. Let's evaluate its core strengths and potential challenges ahead.

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.

Leave a Reply

Your email address will not be published. Required fields are marked *