
Telecommunications · NSE
Founded in 2004, Rama Telecom Ltd offers customized end-to-end networking solutions in the telecom and datacom sectors. The company focuses on optical fiber laying and infrastructure development, working with major clients like Indian Railways, Airtel, IOCL, and the Airport Authority of India. It is committed to providing reliable and sustainable networking services with a strong emphasis on professional quality. With deep expertise in optical fiber technologies, Rama Telecom delivers services such as Horizontal Directional Drilling (HDD), Optical Fiber Cable (OFC) laying and blowing, and other related telecom infrastructure projects. To enhance its capabilities, the company partners with a range of equipment manufacturers and distributors including Nokia, D-Link, Tejas Networks, Exide, Aaram Plastics, Mescab, Mrotek, Puncom, Statcon, Team Engineers, and Webfil. Rama Telecom is actively involved in developing infrastructure for fiber optic networks, wireless communication systems, and broadband connectivity across the country. Its services include laying and maintaining OFC networks using modern techniques like HDD and micro-trenching, designing and planning customized telecom networks, and installing and commissioning telecom equipment such as mobile towers and transmission systems. The company also handles turnkey project management, overseeing large-scale projects from start to finish, and plays a key role in expanding high-speed internet and broadband services in India. As of September 30, 2024, Rama Telecom has a team of 40 employees, including Directors, Key Managerial Personnel handling operations and compliance, and senior managers in charge of administration, marketing, and accounts.
Price Band
₹65 – ₹68
Issue Size
₹25.13 Cr
Lot Size
2000 shares
GMP
Est. Listing
₹68
at current GMP
Subscribed
1.61x
overall
Open
25 Jun 2025
Close
27 Jun 2025
Allotment
30 Jun 2025
Refund
1 Jul 2025
Demat Credit
2 Jul 2025
Listing
2 Jul 2025
Overall Subscription
1.61x
Total Demand
QIB Multiplier
1.00x
Institutions & Funds
NII / HNI
1.66x
High Net-Worth
Retail (RII)
1.82x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 736,000 | 736,000 | 1.00x |
| NIB | 834,000 | 1,384,000 | 1.66x |
| RETAIL | 1,940,000 | 3,522,000 | 1.82x |
| Total | 3,510,000 | 5,642,000 | 1.61x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| QIB | — | 1 | 0.00x |
| NIB | — | 117 | 0.00x |
| RETAIL | — | 1,761 | 0.00x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
Rama Telecom Limited is bringing an initial public offering (IPO) in the Telecommunications sector with an aggregate issue size of ₹25.13 Crores. The shares are offered at a price band of ₹65 to ₹68 per equity share on NSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2025-06-27, the basis of allotment is scheduled to be finalized on 2025-06-30. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Cameo Corporate Services Limited) or the BSE allotment checking window.
Currently, Rama Telecom Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹65 to ₹68 per equity share.
The retail lot size is 2000 shares requiring a minimum application amount of ₹1,36,000. Expected listing price is ₹68 per equity share.
The Rama Telecom Limited IPO aggregate issue size is ₹25.13 Crores with an equity price band set at ₹65 to ₹68 per equity share. The retail lot size is 2000 shares requiring a minimum capital outlay of approx. ₹1,36,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 1.61x (Retail: 1.82x, QIB: 1.00x, NII: 1.66x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Cameo Corporate Services Limited) and the BSE status verification website on or around 2025-06-30. Investors can verify status using PAN card or application number.
Rama Telecom Limited shares are scheduled to list on NSE on 2025-07-02.