The Rama Telecom subscription IPO started on Wednesday, June 25, 2025, and will close on June 27, 2025, as per the schedule. The price band is set at ₹65 to ₹68 per share with a face value of ₹10.
Rama Telecom IPO Subscription Status
Rama Telecom IPO subscribed over 1.05x on its second day till 5.00 PM on June 26, 2025.
- Rama Telecom IPO subscription QIB investors portion is 1.00x, while NII subscribed 0.89x, and RII investors subscribed 1.13x.
- The company has received bids for 36,72,000 shares against 35,10,000 on offer for the second-day subscription.
- Rama Telecom IPO subscribed over 1.05x on its day 2.
- Rama Telecom IPO subscribed over 1.50x on its day 1.
About Rama Telecom Company
Rama Telecom Limited, founded in July 2004, is a prominent company to offers customized E2E networking solutions in the Telecom & Datacom forefront. The company focuses on providing optical fibre laying and infrastructure development for clients such as Indian Railways, Airtel, IOCL, and the Airport Authority of India using sustainable methods and high-quality products in telecom and datacom projects. Additionally, the company also offers services that include Horizontal Directional Drilling (HDD), Optical Fibre Cable (OFC) laying and blowing, and related telecom infrastructure projects. Nokia, D-Link, Tejas Networks, Exide, Aaram Plastics, Mescab, Mrotek, Puncom, Statcon, Team Engineers, and Webfil are some of the major partners and distributors of the company that help to strengthen its services. Additionally, Rama Telecom provides various services such as Optical Fibre Cable (OFC) Laying & Maintenance, Network Planning & Design, Installation & Commissioning, Turnkey Project Management, and Data Communication Solutions. The company has 40 employees as of September 30, 2024.
Rama Telecom Financial Report
The company reported revenue of ₹37.48 crores in 2024 against ₹33.22 crores in 2023. The company reported a profit of ₹2.61 crores in 2024 against a profit of ₹1.08 crores in 2023.
Rama Telecom IPO GMP:
Rama Telecom IPO GMP was ₹8 as of Thursday, 26 June 2025. That indicates the IPO is trading at ₹76 with a ₹8 premium in the grey market against the issue price of ₹68.
