Rama Telecom IPO - Details
Rama Telecom’s IPO is scheduled to open on June 25, 2025, and will close on June 27, 2025. This is a Book Built Issue, through which the company aims to raise approximately ₹25.13 crores entirely via a fresh issue of equity shares with a face value of ₹10 each.
The price band for the IPO has been set between ₹65 and ₹68 per share. The quota allocation is divided as follows: 50% for Qualified Institutional Buyers (QIB), 15% for High Net-Worth Individuals (HNI), and 35% for retail investors.
Rama Telecom is expected to list on the NSE on July 2, 2025, with the allotment likely to be finalized by June 30, 2025.
Financially, the company posted a revenue of ₹37.48 crores in FY 2024, up from ₹33.22 crores in FY 2023. Net profit also improved significantly to ₹2.61 crores in 2024 from ₹1.08 crores the previous year.

Rama Telecom IPO Market Lot Size
The Rama Telecom IPO minimum market lot is 2000 shares with ₹1,36,000 application amount.
Application | Lot Size | Shares | Amount |
Retail Minimum | 1 | 2,000 | ₹1,36,000 |
Retail Maximum | 1 | 2,000 | ₹1,36,000 |
S-HNI Minimum | 2 | 4,000 | ₹2,72,000 |
Rama Telecom IPO Details
IPO Open Date: | June 25, 2025 |
IPO Close Date: | June 27, 2025 |
Face Value: | ₹10 Per Equity Share |
IPO Price Band: | ₹65 to ₹68 Per Share |
Issue Size: | Approx ₹25.13 Crores |
Fresh Issue: | Approx ₹25.13 Crores |
Issue Type: | Book Build Issue |
IPO Listing: | NSE SME |
Retail Quota: | Not more than 35% |
QIB Quota: | Not more than 50% |
NII Quota: | Not more than 15% |
Rama Telecom IPO Valuation – FY2024 (KPI)
Take a look at Rama Telecom’s IPO valuation metrics, including its Earnings Per Share (EPS), Price-to-Earnings (P/E) ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV).
KPI | Values |
ROE: | 27.39% |
ROCE: | 29.33% |
EBITDA Margin: | 10.24% |
PAT Margin: | 7.02% |
Debt to equity ratio: | 0.49 |
Earning Per Share (EPS): | ₹163.23 (Basic) |
Price/Earning P/E Ratio: | N/A |
Return on Net Worth (RoNW): | 27.39% |
Net Asset Value (NAV): | ₹595.98 |
Rama Telecom IPO Dates
The Rama Telecom IPO date is June 25 and the close date is June 27. The Rama Telecom IPO allotment will be finalized on June 30 and the IPO listing on July 2.
IPO Open Date: | June 25, 2025 |
IPO Close Date: | June 27, 2025 |
Basis of Allotment: | June 30, 2025 |
Refunds: | July 1, 2025 |
Credit to Demat Account: | July 1, 2025 |
IPO Listing Date: | July 2, 2025 |
Rama Telecom IPO Company Financial Report
In the financial year 2024, the company recorded a revenue of ₹37.48 crores, marking an increase from ₹33.22 crores in 2023. Net profit also grew significantly, rising to ₹2.61 crores in 2024 compared to ₹1.08 crores in the previous year.
(Figures in ₹ Crores)
Period Ended | Revenue | Expense | Profit After Tax | Assets |
2022 | ₹32.59 | ₹31.25 | ₹1.01 | ₹13.54 |
2023 | ₹33.22 | ₹31.85 | ₹1.08 | ₹15.94 |
2024 | ₹37.48 | ₹33.90 | ₹2.61 | ₹19.44 |
September 2024 | ₹18.91 | ₹16.34 | ₹1.92 | ₹22.56 |
Promoters of Rama Telecom IPO
The promoters of the company are Mr. Rama Kant Lakhotia, Mrs. Neena Lakhotia, Ms. Nikita Lakhotia & Ms. Simran Lakhotia.
About Rama Telecom IPO
Established in July 2004, Rama Telecom Limited specializes in delivering tailored end-to-end networking solutions in the telecom and datacom sectors. The company primarily focuses on infrastructure development and optical fibre cable (OFC) installation, catering to major clients like Indian Railways, Airtel, IOCL, and the Airport Authority of India. Its operations emphasize sustainable practices and high-quality execution across telecom and data communication projects.
Rama Telecom’s service portfolio includes Horizontal Directional Drilling (HDD), OFC laying and blowing, along with other critical telecom infrastructure activities. It has built strong partnerships and distribution networks with leading names such as Nokia, D-Link, Tejas Networks, Exide, Aaram Plastics, Mescab, Mrotek, Puncom, Statcon, Team Engineers, and Webfil, enhancing its operational reach and capabilities.
In addition to its core offerings, the company provides services like OFC maintenance, network design and planning, installation and commissioning, turnkey project execution, and a range of data communication solutions. As of September 30, 2024, Rama Telecom employed a team of 40 professionals.
Peer Group Comparison
Company | EPS | PE Ratio | RoNW % | NAV | Income |
Railtel Corporation of India Limited | 7.67 | 52.07 | 13.47% | 56.93 | 246.21 Cr. |
HFCL | 2.34 | 49.20 | 8.44% | 27.77 | 337.52 Cr. |
Objects of the IPO
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To finance the company’s day-to-day operational needs
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To support capital investments and asset acquisition
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For general business and corporate requirements
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To cover expenses related to the public offering
Merchant Bankers
- Affinity Global Capital Market Private Limited
Company Address
Rama Telecom Limited
Kamalalaya Centre 156A
Lenin Sarani, Room No-302,
3rd Floor
Kolkata, West Bengal, 700013
Phone: +91 62909 52944
Email: [email protected]
Website: https://ramatelecom.net/
Rama Telecom IPO Registrar
Cameo Corporate Services Limited
Phone: +91-44-28460390
Email: [email protected]
Website: https://ipo.cameoindia.com/
Check Grey market premium at below
(GMP)