Allotment

Rama Telecom IPO is a book-built issue with a total size of ₹25.13 crore, consisting entirely of a fresh issue of 0.37 crore shares aggregating to ₹25.13 crore.
The IPO opened for subscription on June 25, 2025, and closed on June 27, 2025. The basis of allotment was finalized on June 30, 2025, and the shares were listed on the NSE SME platform on July 2, 2025.
The price band for the IPO is set at ₹68 per share. The lot size is 2,000 shares, requiring a minimum investment of ₹1,30,000 for retail investors. For HNI investors, the minimum application size is 2 lots (4,000 shares), amounting to ₹2,72,000.
Affinity Global Capital Market Pvt. Ltd. is the Book Running Lead Manager, Cameo Corporate Services Ltd. is the Registrar, and Asnani Stock Broker Pvt. Ltd. is the Market Maker.
₹680%
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| IPO Date | 2 Jul |
| IPO Listing Date | 2 Jul |
| IPO Face Value | ₹10 per share |
| IPO Price Range | ₹68.00 |
| IPO Issue Size | 36,96,000 shares |
| IPO Sale Type | Fresh Capital |
| Employee Discount | - |
| IPO Issue Type | Bookbuilding IPO |
| IPO Listing | NSE SME Platform |
| Share Holding Pre Issue | 95,03,349 shares |
| IPO Open Date | 25 Jun |
| IPO Close Date | 27 Jun |
| IPO Allotment (Tentative) | 30 Jun |
| Refunds | 1 Jul |
| Credit to Demat Account | 1 Jul |
| IPO Listing Date | 2 Jul |
| Category | Offer |
|---|---|
| QIB Shares Offered | 7,36,000 Shares |
| NII (HNI) Shares Offered | 8,34,000 Shares |
| Retail Shares Offered | 19,40,000 Shares |
Investors can apply for a minimum of 2,000 shares, and bids must be made in multiples of 2,000 shares thereafter.
| Application | Lots | Share | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹1,36,000 |
| Retail (Max) | 1 | 2,000 | ₹1,36,000 |
| S-HNI (Min) | 2 | 4,000 | ₹2,72,000 |
| S-HNI (Max) | - | - | - |
| B-HNI (Min) | - | - | - |
Established in July 2004, Rama Telecom Ltd provides end-to-end (E2E) networking solutions in the Telecom and Datacom sector, specializing in optical fibre infrastructure development and network solutions for clients including Indian Railways, Airtel, IOCL, and the Airport Authority of India. The company emphasizes seamless networking, sustainable methods, and professional-quality execution in telecom and datacom projects.
With expertise in optical fibre technologies, Rama Telecom offers services such as Horizontal Directional Drilling (HDD), Optical Fibre Cable (OFC) laying and blowing, and related telecom infrastructure projects.
The company also collaborates 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, enhancing its service offerings.
Rama Telecom is involved in infrastructure development, including the installation and maintenance of fibre optic networks, wireless communication solutions, and broadband connectivity services.
Services Offered
Optical Fibre Cable (OFC) Laying & Maintenance: Specializes in laying and maintaining fibre optic networks using advanced technologies such as HDD and micro-trenching.
Network Planning & Design: Provides customized telecom network solutions for efficiency and scalability.
Installation & Commissioning: End-to-end services for telecom equipment installation, including mobile towers, switching systems, and transmission networks.
Turnkey Project Management: Manages large-scale projects from inception to completion, ensuring timely and cost-effective execution.
Data Communication Solutions: Expands broadband connectivity and high-speed internet services across India.
As of September 30, 2024, the company has 40 employees, including Directors and Key Managerial Personnel overseeing operations and compliance, and Senior Managerial Personnel managing administration, marketing, and accounting functions.
Competitive Strengths
Expertise in OFC laying, HDD, and nationwide network expansion
Collaboration with major telecom service providers such as Reliance Jio, Airtel, Vodafone Idea, BSNL, and Tata Communications
Pan-India presence and strong project execution capability
Offers data centre solutions and cloud-based services for enterprises
Provides customized, high-quality telecom solutions tailored to client needs
Experienced professionals in telecom engineering, project management, and network optimization
| 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 | 4.1 | 1.65 |
| NET Worth | 16.46 | 9.53 | 6.92 |
| Reserves and Surplus | 6.96 | 9.38 | 6.76 |
| Total Borrowing | 5 | 4.64 | 3.96 |
| ROE | 10.63% |
| ROCE | 37.06% |
| Debt/Equity | 0.3 |
| RoNW | 33.58% |
| PAT Margin | 13.24% |
| EBITDA Margin | 17.44% |
| Price to Book Value | 3.91 |
IPO Objects of the Issue
| S.No. | Objects of the ipo Resources Detail | IPO Amount |
|---|---|---|
| 1 | Funding capital expenditure requirements for the purchase of equipment/machineries | 6.14 |
| 2 | To meet out the expenses of Working Capital Requirement | 14.01 |
| 3 | To meet out the General Corporate Purposes; | 2.34 |
| 4 | Offer for Sale (OFS) | - |
Rama Telecom Ltd. Address
Kamalalaya Centre 156A
Lenin Sarani, Room No-302,
3rd Floor
Kolkata, West Bengal, 700013
+91 62909 52944
cs@ramatelecom.net
IPO Registrar
Cameo Corporate Services Ltd.
+91-44-28460390
investor@cameoindia.com
https://ipo.cameoindia.com/