Rama Telecom SME IPO Subscription Status
Rama Telecom SME IPO closed on 27 June 2025 with an overall subscription of 1.61x based on shares applied. QIB demand came in at 1.00x, NII at 1.66x, and retail at 1.81x.
Allotment will be finalised on 30 June 2025. The stock is scheduled to list on NSE and BSE on 2 July 2025.
Issue Price
Rs 68.00
GMP Today
-
Overall Subscription
1.61x
Issue Size
₹23.87 Cr
Allotment Date
30 Jun 2025
Listing Date
2 Jul 2025
Rama Telecom SME IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 68.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 5.00 Cr | Rs 5.00 Cr | 1.00x |
| NII | Rs 5.67 Cr | Rs 9.41 Cr | 1.66x |
| IND | Rs 13.19 Cr | Rs 23.90 Cr | 1.81x |
| Total | Rs 23.87 Cr | Rs 38.31 Cr | 1.61x |
Rama Telecom SME IPO Subscription by Shares
Category-wise subscription based on shares bid. Application-wise bid counts are not available for this IPO yet.
| Category | Shares Offered | Shares Bid | Subscription |
|---|---|---|---|
| QIB | 7,36,000 | 7,36,000 | 1.00x |
| NII | 8,34,000 | 13,84,000 | 1.66x |
| IND | 19,40,000 | 35,14,000 | 1.81x |
| Total | 35,10,000 | 56,34,000 | 1.61x |
What Do These Subscription Numbers Mean?
A subscription of 1.61x by shares means the IPO received bids for 2 times the shares reserved. Allotment odds depend on application count in each category, not share volume.
Here is what each category number tells you:
QIB at 1.00x by shares: This is the strongest signal on the page. QIBs are institutional investors, mutual funds, foreign institutions, and banks. When they subscribe at 1.00x, it reflects serious institutional conviction.
NII at 1.66x by shares: NII includes high net worth individuals applying above Rs 2 lakh. Proportional allotment uses application subscription.
Retail at 1.81x by shares: Allotment is by lottery, but application-wise data is needed for accurate 1-in-X odds. Share oversubscription often overstates how hard allotment is.
Rama Telecom SME IPO Allotment Chances
Allotment odds below use application subscription (number of bids received), not share or amount subscribed.
Retail (IND)
- •Share subscription: 1.81x (application-wise data pending).
- •Allotment odds will be updated once application subscription is synced.
Check the Rama Telecom SME IPO Allotment Status page from 30 June 2025 for your allotment result.
Rama Telecom SME IPO Day-wise Subscription
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 25 Jun 2025 | 1.00x | 0.30x | 0.39x | 0.50x |
| Day 2 - 26 Jun 2025 | 1.00x | 0.89x | 1.14x | 1.05x |
| Day 3 - 27 Jun 2025 | 1.00x | 1.66x | 1.81x | 1.61x |
Rama Telecom SME IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 25 June 2025 |
| IPO Close Date | 27 June 2025 |
| Allotment Date | 30 June 2025 |
| Refund Initiation | 1 July 2025 |
| Share Credit to Demat | 1 July 2025 |
| Listing Date | 2 July 2025 |
| Minimum Investment | Rs 2,72,000.00 |
| Lot Size | 2000 shares |
About Rama Telecom SME
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.
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors
High net worth individuals applying above Rs 2 lakh. Divided into bNII (above Rs 10 lakh) and sNII (Rs 2 lakh to Rs 10 lakh). NII allotment is proportional.
IND - Individual Investors
Investors applying up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Minimum one lot per successful applicant.
Rama Telecom SME IPO Subscription FAQs
What is Rama Telecom SME IPO subscription status today?
Rama Telecom SME IPO subscription closed on 27 June 2025 with overall subscription of 1.61x (by shares) as of 27 June 2026, 2:01 AM IST. QIB 1.00x, NII 1.66x, IND 1.81x.
What is the overall subscription of Rama Telecom SME IPO?
Rama Telecom SME IPO is subscribed 1.61x overall by shares at close on 27 June 2025. QIB 1.00x, NII 1.66x, and IND 1.81x.
What is Rama Telecom SME IPO QIB subscription?
Rama Telecom SME IPO QIB (Qualified Institutional Buyers) subscription is 1.00x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.
What is Rama Telecom SME IPO IND subscription?
Rama Telecom SME IPO IND subscription is 1.81x by shares. Minimum retail bid is up to Rs 2 lakh per PAN.
What is Rama Telecom SME IPO NII subscription?
Rama Telecom SME IPO NII (Non-Institutional Investors) subscription is 1.66x by shares. NII covers bids above Rs 2 lakh.
What are allotment chances in Rama Telecom SME IPO for retail?
Rama Telecom SME IPO retail share subscription is 1.81x. Application-wise data is needed for accurate lottery odds.
When is Rama Telecom SME IPO allotment date?
Rama Telecom SME IPO allotment date is 30 June 2025. Check Rama Telecom SME IPO Allotment Status on IPOwiz from that day using your PAN.
When does Rama Telecom SME IPO subscription close?
Rama Telecom SME IPO subscription closed on 27 June 2025. No new applications are accepted after the close.
What is Rama Telecom SME IPO GMP today?
GMP for Rama Telecom SME IPO is not available yet. Track Rama Telecom SME IPO GMP Today on IPOwiz once grey market activity starts.
What is Rama Telecom SME IPO issue price and lot size?
Rama Telecom SME IPO issue price is ₹68 per share. Lot size is 2000 shares. Minimum investment is ₹2,72,000 per lot (minimum 2 lots for SME). Issue size: ₹23.87 Cr.
When is Rama Telecom SME IPO listing date?
Rama Telecom SME IPO listing date is 2 July 2025 on NSE and BSE. Allotment is on 30 June 2025.
How does subscription affect Rama Telecom SME IPO allotment?
Allotment odds in Rama Telecom SME IPO depend on application subscription in each category, not share volume. Retail uses lottery when oversubscribed. NII uses proportional allotment by applications. At 1.61x overall, competition is moderate.
For allotment results from 30 June 2025, visit the Rama Telecom SME IPO Allotment Status page. For listing day updates on 2 July 2025, download the IPOwiz App.
Reviewed by Dinesh Agrawal
15+ years in Indian capital markets and IPO research. Subscription data verified before publish.