Rama Telecom IPO is a book-built issue IPO, aiming to raise ₹25.13 crore. It comprises of a fresh issue of 36.96 lakh equity shares. The bidding window was open from June 25, 2025, to June 27, 2025, with the IPO allotment to be finalised on June 30, 2025. Rama Telecom is scheduled to list on NSE SME on July 2, 2025.
The IPO was priced at a range of ₹65 – ₹68 per share with a lot size of 2000 shares. The public issue received bids for 56,42,000 shares against 35,10,000 shares available, resulting in an overall subscription of 1.61 times. Retail investors led the response, subscribing 1.82 times their quota, followed by NIIs at 1.66 times.
Rama Telecom' ₹25.13 crore IPO, priced between ₹65 – ₹68 per share, was subscribed 1.61 times overall. The IPO is an entirely a fresh issue of 36.96 lakh shares. Bidding took place from June 25 to June 27, 2025, with the Rama Telecom IPO allotment status on June 30, 2025. Retail investors subscribed 1.82 and NIIs 1.66 times. Listing is expected on July 2, 2025.
The table below breaks down the Rama Telecom share allocation for different categories, highlighting the number of shares and their percentage of the total issue. However, the key focus remains on the quotas allocated to retail investors and HNIs, as they are the most relevant for individual investors.
| Investor Category | Shares Offered |
| Market Maker Shares Offered | 1,86,000 (4.79%) |
| QIB Shares Offered | 7,36,000 (18.96%) |
| NII (HNI) Shares Offered | 8,34,000 (21.48%) |
| Retail Shares Offered | 19,40,000 (49.97%) |
| Total Shares Offered | 38,82,000 (100.00%) |
Data Source: NSE
| Category | Subscription (times) |
| Qualified Institutional Buyers | 1.00 |
| Non-Institutional Investors | 1.66 |
| Retail Individual Investors | 1.82 |
| Total shares | 1.61 |
Note: The subscription details are as of June 27, 2025
Rama Telecom Limited, established on July 12, 2004, in Kolkata as Rama Telecom Private Limited, is a technology-driven engineering company offering end-to-end customised networking solutions. Initially incorporated under the Companies Act, 1956, the company was converted into a public limited entity in November 2024 and now operates as Rama Telecom Limited.
The company specialises in optical fibre technology and focuses on creating seamless and sustainable networking infrastructure. Its services support critical sectors including Railways, Telecom, Petroleum, and Airports. Under the leadership of Promoter and Managing Director Mr. Ramakant Lakhotia, who has over three decades of telecom experience, Rama Telecom has grown significantly across India.
The leadership team also includes Simran Lakhotia as CFO and Shree Kant Lakhotia as Non-Executive Director. In the railway sector, the company manages Device-to-Device (D2D) communication projects with a strong emphasis on planning, execution, and seasonal adaptability.
In the telecom segment, Rama Telecom plays a major role in managing optical fibre network installations and infrastructure upgrades, contributing significantly to revenue generation. The company’s operations span across multiple Indian states including West Bengal, Madhya Pradesh, Gujarat, Maharashtra, Bihar, and Meghalaya.
Know more about IPO allotment status and check your application details online for the latest updates on share allocation.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Jun 27, 2025, 7:42 PM IST
Akshay Shivalkar
Akshay Shivalkar is a financial content specialist who strategises and creates SEO-optimised content on the stock market, mutual funds, and other investment products. With experience in fintech and asset management, he simplifies complex financial concepts to help investors make informed decisions through his writing.
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