Rama Telecom IPO: Key Things Every Investor Should Know
The telecom industry is on the rise. Experts say the market could reach USD 3898.79 billion by 2028, growing at a solid 5.8% every year. That means more networks, better connectivity, and lots of new opportunities in mobile, internet, and data services.
Rama Telecom, a long-time player in this space, has been part of this growth journey. Now, it’s taking the next big step and launching its IPO.
The IPO lead manager of the company is Affinity Global Capital Market Private Limited. The registrar of the Rama Telecom IPO is Cameo Corporate Services Limited.
Check out its Rama Telecom DRHP and RHP for more details.
Note: For 50% of the shares, the anchor lock-in period expires 30 days following the actual allocation, and for the remaining part, it ends 90 days later.
Rama Telecom IPO: Company Profile
Known for dependable connections and clear billing, Rama Telecom is a top pick for bulk clients who value steady service.
Particulars | Details |
Established | 2004 |
Promoter | Mr. Rama Kant Lakhotia |
Clients | Indian Railways, Airtel, Jio, Airport Authority Of India |
Headquartered | Kolkata, West Bengal |
Competitors | SAR Televenture |
Number Of Customers (2024-2025) | 20 |
Services | Horizontal Directional Drilling, Excavation Work, OFC Maintenance, Blowing, Splicing, STM Installation, and more |
Partner Brands | Nokia, Mrotek, Exide, Mescab, Puncom, Web file, and more |
Exploring Rama Telecom IPO
Here’s a full breakdown of the Rama Telecom IPO with all the must-know details.
Rama Telecom IPO allotment bids are now open. Find the schedule and key dates right here.
Event Description | Date |
IPO bidding window begins | 25 June 2025 |
Last date to apply for the IPO | 27 June 2025 |
Deadline for UPI mandate approval (by 5 PM) | 27 June 2025 |
Finalisation of share allotment | 30 June 2025 |
Start of the refund process for unallotted applicants | 01 July 2025 |
Shares credited to demat accounts | 01 July 2025 |
Listing of shares on the stock exchange | 02 July 2025 |
Expiry of UPI payment mandate | 12 July 2025 |
Lock-in period ends for 50% anchor investor shares | 30 July 2025 |
Lock-in ends for the remaining anchor investor holding | 28 September 2025 |
Now that the GMP is out, check the Rama Telecom IPO size right here.
Particulars | Number of Equity Shares | Aggregate Value |
Fresh Issue | 36,96,000 | ₹25.13 crores |
Offer for Sale | — | — |
Overall Issue | 36,96,000 | ₹25.13 crores |
Here’s how Rama Telecom plans to allocate the funds raised from the IPO.
Purpose | Total Estimated Cost (₹ in Lakhs) | From Net Issue Funds (₹ in Lakhs) | From Internal Funds & Loans (₹ in Lakhs) | Already Used (₹ in Lakhs) | Expected Use Till FY 2025-26 (₹ in Lakhs) |
Additional working capital for the company | 2033.57 | 1401.42 | 632.15 | – | 1401.42 |
Capital spending for business expansion | 613.76 | 613.76 | – | – | 613.76 |
General business expenses | Not Disclosed | Not Disclosed | Not Disclosed | Not Disclosed | Not Disclosed |
Total Use of IPO Funds | Not Disclosed | Not Disclosed | Not Disclosed | Not Disclosed | Not Disclosed |
Other takeaways from the Rama Telecom IPO price
The grey market premium gives early clues. With the Rama Telecom GMP in the spotlight, here's how to follow its market movement.
Particulars | Description |
Face value of each share | ₹10 |
Price Range | ₹65 - ₹68 |
Listed At | NSE Emerge |
Categorisation of different investors
The following explains how the Rama Telecom IPO is shared across investor types.
Particulars | Market Maker Reservation | Qualified Institutional Buyers (QIBs) | Non-Institutional Investors (NIIs) | Retail Individual Investors (RIIs) |
Shares Allocated | Up to 1,86,000 Equity Shares | Not more than 7,36,000 Equity Shares | Not less than 8,34,000 Equity Shares | Up to 19,40,000 Equity Shares |
Minimum Bid Lot | 2,000 Equity Shares | Multiples of 2,000 if bid exceeds ₹2,00,000 | Multiples of 2,000 if bid exceeds ₹2,00,000 | 2,000 Equity Shares |
Maximum Bid Limit | Not Disclosed | In multiples not exceeding Net Offer (as per limits) | In multiples not exceeding Net Offer (excl. QIB portion) | In multiples up to ₹2,00,000 value |
Ready to invest into IPOs? Get your demat account active with the best brokers in India if you haven't. Want to know how the IPO is performing in real time? Follow the Rama Telecom IPO Subscription Status closely.
Rama Telecom IPO details: Key Financials
Get a clear view of the company’s revenue trends, profits, and growth path.
Particulars | FY 2025 (₹ in Lakhs) | FY 2024 (₹ in Lakhs) | FY 2023 (₹ in Lakhs) |
RRevenue from Operations | 4,175.80 | 3,718.77 | 3,310.07 |
Total Income | 4,247.32 | 3,747.87 | 3,322.46 |
Operating EBITDA | 728.13 | 380.63 | 152.58 |
PProfit/(Loss) After Tax | 552.93 | 261.16 | 108.34 |
NNet Worth | 1,646.49 | 953.56 | 692.40 |
Metrics of Rama Telecom IPO
Ratio | FY 2025 | FY 2024 | FY 2023 |
Net Profit Ratio / PAT Margin (%) | 13.24% | 7.02% | 3.27% |
Return on Equity (ROE) (%) | 10.63% | 7.93% | 4.24% |
Debt to Equity Ratio | 0.3 | 0.49 | 0.4 |
Debt Service Coverage Ratio | 9.64 | 7.26 | 4.42 |
ROCE (%) | 37.06% | 29.33% | 18.73% |
Current Ratio | 2.23 | 1.61 | 1.56 |
Net Capital Turnover Ratio | 6.36 | 9.52 | 9.33 |
Growth (%) in Total Income | 13.33% | 12.80% | - |
Operating EBITDA Margin (%) | 17.44 | 10.24 | 4.61 |
Growth (%) in PAT | 111.72% | 141.06% | - |
EPS | 5.85 | 2.77 | 1.15 |
Strengths and risks
Before jumping into the Rama Telecom IPO, it’s wise to take a balanced view. The company has its strong points and faces a few challenges that are worth noting.
Strengths
The company has worked with top names like Jio, Airtel, Indian Railways, AAI, and IOCL.
Presence in railway telecom projects reflects solid project capabilities and trust from big clients.
The company has been growing in telecom infrastructure.
Strong customer relationships in the public and private sectors show how consistent their work has been over the years.
Risks
Third-party labour issues like delays or shortages could affect project delivery and quality.
Long wait times for payments from government contracts.
Political or economic changes might impact demand or access to funds.
Lack of proper insurance coverage could leave the company vulnerable to operational trouble.
Should you apply for the Rama Telecom IPO?
The Rama Telecom IPO GMP is ₹73 as of 25 June 2025. The grey market premium shows investors are watching, especially those who believe in the long-term need for strong regional telecom players.
Still, don’t rely on GMP alone. Before you start checking your Rama Telecom IPO allotment status, look for its subscription status too.
Click here to begin your Rama Telecom IPO application.
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