Rama Telecom Limited
Bookbuilding IPO · NSE
- Price band
- ₹65 - ₹68
- Lot size
- 2,000 shares
- Issue amount
- ₹25.13 cr
- Total subscription
- 1.61×
- Opens
- 25 Jun 2025
- Closes
- 27 Jun 2025
- Allotment
- 30 Jun 2025
- Listing
- 2 Jul 2025
Offer at a glance
Issue overview
- Issue size
- 36,96,000 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,30,000
- Fresh issue
- ₹25.13 cr
- Offer for sale
- ₹0 cr
- Registrar
- Cameo Corporate Services Limited
- Listing exchange
- NSE
- Maximum investment
- ₹1,36,000
- Issue type
- Bookbuilding IPO
- Shares before issue
- 95,03,349
- Shares after issue
- 1,31,99,349
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 2,000 | ₹1,36,000 |
| HNI | 2 | 4,000 | ₹2,72,000 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| QIB | — | 1 |
| NIB | — | 117 |
| RETAIL | — | 1,761 |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 5 | 5 |
| RETAIL | 13.19 | 23.95 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|
| EPS | 5.85 | 2.77 | 1.15 |
| ROE | 10.63 | 7.93 | 4.24 |
| ROCE | 37.06 | 29.33 | 18.73 |
| RONW | 0 | 0 | 0 |
| PRE IPO(PE) | 0 | 0 | 0 |
| POST IPO(PE) | 0 | 0 | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
Founded in 2004, Rama Telecom Ltd offers customized end-to-end networking solutions in the telecom and datacom sectors. The company focuses on optical fiber laying and infrastructure development, working with major clients like Indian Railways, Airtel, IOCL, and the Airport Authority of India. It is committed to providing reliable and sustainable networking services with a strong emphasis on professional quality. With deep expertise in optical fiber technologies, Rama Telecom delivers services such as Horizontal Directional Drilling (HDD), Optical Fiber Cable (OFC) laying and blowing, and other related telecom infrastructure projects. To enhance its capabilities, the company partners with a range of equipment manufacturers and distributors including Nokia, D-Link, Tejas Networks, Exide, Aaram Plastics, Mescab, Mrotek, Puncom, Statcon, Team Engineers, and Webfil. Rama Telecom is actively involved in developing infrastructure for fiber optic networks, wireless communication systems, and broadband connectivity across the country. Its services include laying and maintaining OFC networks using modern techniques like HDD and micro-trenching, designing and planning customized telecom networks, and installing and commissioning telecom equipment such as mobile towers and transmission systems. The company also handles turnkey project management, overseeing large-scale projects from start to finish, and plays a key role in expanding high-speed internet and broadband services in India. As of September 30, 2024, Rama Telecom has a team of 40 employees, including Directors, Key Managerial Personnel handling operations and compliance, and senior managers in charge of administration, marketing, and accounts.
Strengths
- Experienced Leadership – MD has 28 years of industry experience and has led the company’s steady growth since 2004.
- Nationwide Project Presence – Telecom projects across various states and railways showcase strong PAN India operations and stable revenues.
- Trusted Client Partnerships – Long-term ties with railway and telecom clients reflect reliability and high-quality service.
Risk factors
- Raw Material Dependency Risk – Disruptions or price hikes from suppliers can affect product cost, supply, and performance.
- High Working Capital Needs – Insufficient working capital may hamper daily operations and business growth.
- Weather-Linked Operational Risk – Bad weather can delay cable deployment and disrupt operations, affecting profits.
Promoters
Mr. Rama Kant Lakhotia
Mrs. Neena Lakhotia
Ms. Nikita Lakhotia
Ms. Simran Lakhotia
Registrar & documents
Lead manager
Affinity Global Capital Market Private Limited
Registrar & contacts
Cameo Corporate Services Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Kamalalaya Centre 156A Lenin Sarani, Room No-302, 3rd Floor Kolkata, West Bengal, 700013
+91 62909 52944
[email protected]Company website ↗Understanding RTL IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.