Rama Telecom IPO: Date, Price Band, Allotment and Detailed Review
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The Rama Telecom IPO will open for subscription on June 25, 2025, and close on June 27, 2025. This is a Book Built Issue, through which the company aims to raise approximately ₹25.13 crores. The issue consists solely of a fresh issue worth ₹25.13 crores, with a face value of ₹10 per equity share. Details regarding the offer for sale portion are yet to be disclosed.
The price band for the IPO has been set between ₹65 to ₹68 per share. The investor allocation is as follows:
- Retail Investors: 35%
- Qualified Institutional Buyers (QIB): 50%
- High Net-worth Individuals (HNI): 15%
The IPO allotment is expected to be finalized on June 30, 2025, and the shares are scheduled to be listed on the NSE on July 2, 2025.
Rama Telecom has shown steady financial growth:
- Revenue: ₹37.48 crores in FY 2024, up from ₹33.22 crores in FY 2023
- Net Profit: ₹2.61 crores in FY 2024, up from ₹1.08 crores in FY 2023
Considering the company’s improving revenue and profitability, analysts suggest that the IPO may be a suitable investment for the long term.
Rama Telecom IPO Details
- IPO Open Date: June 25, 2025
- IPO Close Date: June 27, 2025
- Face Value: ₹10 per equity share
- IPO Price Band: ₹65 to ₹68 per share
- Issue Size: Approximately ₹25.13 crores
- Fresh Issue: Approximately ₹25.13 crores
- Issue Type: Book Built Issue
- IPO Listing: NSE SME Platform
- Retail Quota: Not more than 35%
- QIB Quota: Not more than 50%
- NII Quota: Not more than 15%
- DRHP Draft Prospectus: Click Here
- RHP Draft Prospectus: Click Here
Rama Telecom IPO Market Lot
The minimum market lot for the Rama Telecom IPO is 2,000 shares, which requires an investment of ₹1,36,000.
| Application Type | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 2,000 | ₹1,36,000 |
| Retail Maximum | 1 | 2,000 | ₹1,36,000 |
| S-HNI Minimum | 2 | 4,000 | ₹2,72,000 |
Rama Telecom IPO Dates
The IPO will open on June 25, 2025, and close on June 27, 2025. The basis of allotment will be finalized on June 30, with refunds and credit to Demat accounts scheduled for July 1, and the IPO will list on the NSE on July 2, 2025.
- IPO Open Date: June 25, 2025
- IPO Close Date: June 27, 2025
- Basis of Allotment: June 30, 2025
- Refunds Initiation: July 1, 2025
- Credit to Demat Account: July 1, 2025
- Listing Date: July 2, 2025
Promoters of Rama Telecom
The company is promoted by:
- Mr. Rama Kant Lakhotia
- Mrs. Neena Lakhotia
- Ms. Nikita Lakhotia
- Ms. Simran Lakhotia
Rama Telecom Financial Performance
The company has demonstrated steady growth in revenue and profitability:
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
|---|---|---|---|---|
| FY 2022 | ₹32.59 Cr | ₹31.25 Cr | ₹1.01 Cr | ₹13.54 Cr |
| FY 2023 | ₹33.22 Cr | ₹31.85 Cr | ₹1.08 Cr | ₹15.94 Cr |
| FY 2024 | ₹37.48 Cr | ₹33.90 Cr | ₹2.61 Cr | ₹19.44 Cr |
| Sept 2024 (6 months) | ₹18.91 Cr | ₹16.34 Cr | ₹1.92 Cr | ₹22.56 Cr |
Rama Telecom IPO Valuation – FY2024
Here are the key valuation metrics of the company:
| KPI | Value |
|---|---|
| Return on Equity (ROE) | 27.39% |
| Return on Capital Employed | 29.33% |
| EBITDA Margin | 10.24% |
| PAT Margin | 7.02% |
| Debt to Equity Ratio | 0.49 |
| Earnings Per Share (EPS) | ₹163.23 |
| Price/Earnings (P/E) Ratio | N/A |
| Return on Net Worth (RoNW) | 27.39% |
| Net Asset Value (NAV) | ₹595.98 |
Peer Group Comparison
| Company | EPS | P/E Ratio | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| Railtel Corporation of India Limited | 7.67 | 52.07 | 13.47% | ₹56.93 | ₹246.21 Cr |
| HFCL | 2.34 | 49.20 | 8.44% | ₹27.77 | ₹337.52 Cr |
Objects of the Issue
- To meet working capital expenses
- To fund capital expenditure
- General corporate purposes
- To cover IPO-related expenses
Rama Telecom IPO – Frequently Asked Questions (FAQs)
What is the Rama Telecom IPO?
Rama Telecom IPO is a SME (Small and Medium Enterprise) public offering, through which the company aims to raise approximately ₹25.13 crores. The price band for the IPO is set at ₹65 to ₹68 per equity share, and the shares will be listed on the NSE SME platform.
When will the Rama Telecom IPO open for subscription?
The IPO will open for public subscription on June 25, 2025, and close on June 27, 2025. It will be open to Qualified Institutional Buyers (QIBs), Non-Institutional Investors (NIIs), and Retail Investors.
What is the investor allocation for the Rama Telecom IPO?
The investor quota is divided as follows:
- QIB (Qualified Institutional Buyers): 50%
- NII (Non-Institutional Investors): 15%
- Retail Investors: 35%
How to Apply for the Rama Telecom IPO?
You can apply for the Rama Telecom IPO using any of the following methods:
- Online ASBA (Application Supported by Blocked Amount): Through your bank’s internet banking portal.
- UPI-based ASBA: Through stock broker platforms like Zerodha, Upstox, Groww, etc.
- Offline Application: By submitting a filled physical IPO form through your stockbroker.