
Rama Telecom IPO description – Established in 2004, Rama Telecom specializes in providing customized end-to-end (E2E) networking solutions within the telecommunications and datacom sectors. The company has developed a strong reputation for its technological expertise, particularly in optical fiber solutions, and has collaborated with major clients such as Indian Railways, Airtel, IOCL, AAI, and Jio. With a commitment to enhancing infrastructural growth across India, Rama Telecom has successfully expanded its operations through strategic partnerships with both public and private service providers, leveraging a skilled workforce to ensure project efficiency and effectiveness
The company’s business model is centered around delivering comprehensive networking solutions, which include services like horizontal directional drilling (HDD) for underground installations and excavation work where HDD is not feasible. This diverse range of services positions Rama Telecom as a versatile player in the market, catering to various client needs while maintaining a focus on innovation and quality. The firm’s mission emphasizes its goal to further solidify its standing in the telecom and datacom industries by continuously enhancing its service offerings and operational capabilities.
As of 31 March 2025, the company employs 40 personnel.

Promoters of Rama Telecom – Mr. Rama Kant Lakhotia, Ms. Simran Lakhotia, Mrs. Neena Lakhotia & Ms. Nikita Lakhotia
Table of Contents
Rama Telecom IPO Details
Rama Telecom IPO Dates | 25 – 27 June 2025 |
Rama Telecom Issue Price | INR 65 – 68 per share |
Fresh issue | 36,96,000 shares (INR 24.02 – 25.13 crore) |
Offer For Sale | NIL |
Total IPO size | 36,96,000 shares (INR 24.02 – 25.13 crore) |
Minimum bid (lot size) | 2,000 shares (INR 1,36,000) |
Face Value | INR 10 per share |
Retail Allocation | 35% |
Listing On | NSE EMERGE |
Rama Telecom Financial Performance
FY 2023 | FY 2024 | FY 2025 | |
Revenue | 33.10 | 37.19 | 41.76 |
Expenses | 31.85 | 33.90 | 35.02 |
Net income | 1.08 | 2.61 | 5.53 |
Rama Telecom Offer News
- Rama Telecom RHP
- Rama Telecom Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- Highest SME IPO Subscription in 2024
Rama Telecom Valuations & Margins
FY 2023 | FY 2024 | FY 2025 | |
EPS | 1.15 | 2.77 | 5.85 |
PE ratio | – | – | 11.11 – 11.62 |
RONW (%) | 15.65 | 27.39 | 33.58 |
NAV | 7.33 | 10.10 | 17.41 |
ROCE (%) | 18.73 | 29.33 | 37.06 |
EBITDA (%) | 4.98 | 11.02 | 19.15 |
Debt/Equity | 0.40 | 0.49 | 0.30 |
Rama Telecom IPO GMP Today
Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
1 July 2025 | 2 | – | 3,000 |
30 June 2025 | 4 | – | 6,000 |
28 June 2025 | 4 | – | 6,000 |
27 June 2025 | 4 | – | 6,000 |
26 June 2025 | 6 | – | 8,500 |
25 June 2025 | 5 | – | 6,000 |
24 June 2025 | 5 | – | 6,000 |
Rama Telecom IPO Subscription – Live Updates
Category | QIB | NII | Retail | Total |
---|---|---|---|---|
Shares Offered | 7,36,000 | 8,34,000 | 19,40,000 | 35,10,000 |
27 Jun 2025 | 1.00 | 1.88 | 1.82 | 1.66 |
26 Jun 2025 | 1.00 | 1.11 | 1.12 | 1.09 |
25 Jun 2025 | 1.00 | 0.30 | 0.38 | 0.49 |
The market maker reservation portion of 1,86,000 shares is not included in the above calculations.
Rama Telecom IPO Allotment Status
Rama Telecom IPO allotment status is now available on Cameo Corporate Services’ website. Click on Cameo Corporate Services weblink to get allotment status.
Rama Telecom IPO Dates & Listing Performance
IPO Opening Date | 25 June 2025 |
IPO Closing Date | 27 June 2025 |
Finalization of Basis of Allotment | 30 June 2025 |
Initiation of refunds | 1 July 2025 |
Transfer of shares to demat accounts | 1 July 2025 |
IPO Listing Date | 2 July 2025 |
Opening Price on NSE SME | INR 72 per share (up 5.88%) |
Closing Price on NSE SME | INR 68.40 per share (up 0.59%) |
Rama Telecom Offer Lead Manager
AFFINITY GLOBAL CAPITAL MARKET PRIVATE LIMITED
20B, Abdul Hamid Street, East India House,
1st Floor, Room No. 1G, Kolkata – 700069
Phone: +91 33 4004 7188
Email: [email protected]
Website: www.affinityglobalcap.in
Rama Telecom Offer Registrar
CAMEO CORPORATE SERVICES LIMITED
“Subramanian Building”, No. 01, Club House Road,
Mount Road, Chennai – 600 002, Tamil Nadu
Phone: +91-44-40020700 / 2846 0390
Email: [email protected]
Website: www.cameoindia.com
Rama Telecom Contact Details
RAMA TELECOM LIMITED
Kamalalaya Centre 156A, Lenin Sarani,
Room No-302, 3rd Floor Kolkata
West Bengal-700013, Kolkata, India – 700013
Phone: +91 62909 52944
E-mail: [email protected]
Website: www.ramatelecom.net
IPO FAQs
What is the Rama Telecom offer size?
Rama Telecom offer size is INR 24.02 – 25.13 crores.
What is the Rama Telecom offer price band?
Rama Telecom public offer price is INR 65 – 68 per share.
What is the lot size of the Rama Telecom IPO?
Rama Telecom offer lot size is 2,000 shares.
What is Rama Telecom IPO GMP today?
Rama Telecom IPO GMP today is INR 2 per share.
What is the Rama Telecom kostak rate today?
Rama Telecom kostak rate today is INR NA per application.
What is Rama Telecom IPO Subject to Sauda rate today?
Rama Telecom Subject to Sauda rate today is INR 3,000 per application.