Rama Telecom SME IPO
ListedNSE SMEOpens 25 June 2025Closes 27 June 2025
Rama Telecom is a technology-driven engineering company specializing in optical fiber and customized networking solutions. Its key business segments include the Railway Sector (Device to Device (D2D) communication,…
Rama Telecom is a technology-driven engineering company specializing in optical fiber and customized networking solutions. Its key business segments include the Railway Sector (Device to Device (D2D) communication, optical fiber communication (OFC) rooms, cable laying) and the Telecom Sector (managing optical fiber network projects). The company has successfully completed projects for clients like Indian Railways, Airtel, IOCL, and the Airport Authority of India, focusing on seamless networking with sustainable methods.
Show moreShow less
Key ratios
As per RHP / filingsTimeline
IPO Opens
25 Jun 2025
IPO Closes
27 Jun 2025
Allotment
30 Jun 2025
Listing
2 Jul 2025
IPO Timeline & Listing Details
| Event | Date |
|---|---|
| IPO Open Date | 25 June 2025 |
| IPO Close Date | 27 June 2025 |
| Allotment Date | 30 June 2025 |
| Listing Date | 2 July 2025 |
Investment Categories
| Category | Lots | Amount |
|---|---|---|
Individual | 2 | ₹2,72,000 |
SHNI (Min) | 3 | ₹4,08,000 |
SHNI (Max) | 7 | ₹9,52,000 |
BHNIAbove ₹10,00,000 | 8 | ₹10,88,000 |
IPO Objectives
- To meet working capital Expenses.
- To meet Capital Expenditure.
- General Corporate Purposes.
- To meet the offer related expenses.
Strengths
- Providing seamless connectivity and fostering innovation through its expertise in optical fiber and customized networking solutions.
- Experienced directors and management team with extensive domain knowledge in the telecom industry.
- Consistent performance in building trust with clients, having successfully executed projects for prestigious public and private entities like Indian Railways, Airtel, IOCL, and Airport Authority of India.
- Growing presence in the Telecommunication sector with high growth potential, driven by increasing demand for high-speed internet and 5G rollout.
- Well-equipped for government and prestigious client projects, offering end-to-end solutions from planning and design to installation and maintenance.
Weaknesses
- Heavy reliance on a few key clients, particularly Indian Railways, from whom the company derives a significant portion of its revenues. The loss of any significant customer may have a material and adverse effect on the company's business and results of operations.
- The sudden boost in net margins for FY25 raises eyebrows and concern over its sustainability, as it operates in a highly competitive and fragmented segment.
- Working capital-intensive business, requiring significant funds for raw material procurement, salaries, and other operational expenses, which could strain cash flow if not managed efficiently.
- Past delays in GST, PF, and ESI filings, and pending tax litigations totaling over ₹1.30 crore, indicate potential compliance weaknesses and financial risks.
- Project-based revenue model: The company's earnings are largely driven by project execution timelines, meaning any delays in government approvals, permissions, or clearances can directly impact cash flow and profitability.
Financial Performance
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets (₹ Cr.) | 28.65 | 19.44 | 16.41 |
| Revenue (₹ Cr.) | 42.47 | 37.48 | 33.22 |
| PAT (₹ Cr.) | 5.53 | 2.61 | 1.08 |
| Net Worth (₹ Cr.) | 16.46 | 9.53 | 6.92 |
Peer Comparison
| Company | P/B Ratio | P/E Ratio | RONW (%) | Net Worth (₹ Cr.) |
|---|---|---|---|---|
| Rama Telecom | 3.91 | 16.23 | 10.63% | 11.46 |
| RailTel Corporation | 6.79 | 45.33 | 14.99% | 1,827 |
| Sar Televenture Limited | 1.33 | 24.29 | 5.49% | 71.8 |
Subscription Details
Daily Bids Status
| Category | Day 1 | Day 2 | Day 3 |
|---|---|---|---|
| QIB | 1x | 1x | 1x |
| NII | 0.3x | 0.89x | 1.66x |
| RII | 0.39x | 1.14x | 1.81x |
| Total | 0.5x | 1.05x | 1.61x |
Overall Subscription Statistics
| Category | Shares Offered | Shares Bid | Bid Amount (₹ Cr) |
|---|---|---|---|
| QIB | 7,36,000 | 7,36,000 | 5 |
| NII | 8,34,000 | 13,84,000 | 9.41 |
| RII | 19,40,000 | 35,14,000 | 23.9 |
| Total | 35,10,000 | 56,34,000 | 38.31 |
Company Details
- Rama Telecom Limited
- Kamalalaya Centre 156A, Lenin Sarani, Room No-302, 3rd Floor, Kolkata, West Bengal-700013, India
- +91 62909 52944
- cs@ramatelecom.net
- https://ramatelecom.net/
Registrar Details
- Cameo Corporate Services Limited
- +91-44-28460390
- investor@cameoindia.com
- https://ipo.cameoindia.com/
Frequently Asked Questions
See live numbers on GMP, Subscription, and Allotment pages.
Rama Telecom SME IPO News & Updates
Follow the latest updates for Rama Telecom SME IPO, including grey market moves and allotment news.
Rama Telecom SME IPO IPO Pages
Open related pages for this IPO: details, GMP, subscription, allotment, review, FAQ, registrar, timeline, and news.
Rama Telecom SME IPO Details
Issue size, price, financials, and company info
Rama Telecom SME IPO GMP
Live grey market premium and listing estimate
Rama Telecom SME IPO Subscription
QIB, NII, Retail, SHNI and BHNI subscription
Rama Telecom SME IPO Allotment
Allotment date, chances, and check by PAN
Rama Telecom SME IPO Review
SWOT, strengths, risks, and IPO review
Rama Telecom SME IPO FAQ
Common questions on dates, GMP, and allotment
Rama Telecom SME IPO Registrar
Registrar website and how to check allotment
Rama Telecom SME IPO Timeline
Open, close, allotment, and listing dates
Rama Telecom SME IPO News
Updates, blogs, and latest IPO news
Sources
We match Rama Telecom SME IPO IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.
- SEBIRules for IPO allotment and disclosures in India
- NSEExchange notices, bidding data, and listing updates
- BSEExchange notices and IPO allotment check tools
- RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
- Cameo Corporate Services LimitedOfficial site to check allotment status for this IPO
Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.
Reviewed by
Dinesh Agrawal · Lead IPO Analyst
15+ years in Indian markets and IPO research. He reviews IPO dates and key details before they go live.