Rama Telecom Limited Launches ₹25.13 Crore SME IPO
Rama Telecom Limited, a telecom infrastructure solutions provider, has announced the launch of its Initial Public Offering (IPO) to raise ₹25.13 crore through a fresh issue. The IPO will open for subscription on June 25, 2025, and close on June 27, 2025. The issue will be listed on the NSE SME platform.
The IPO follows the book-building process with a price band of ₹65 to ₹68 per share and a face value of ₹10 per share. The minimum lot size for retail investors is 2,000 shares, amounting to an investment of ₹1,30,000. For HNI investors, the minimum application size is 4,000 shares.
Objects of the Rama Telecom Limited IPO
According to the company, the net proceeds will be used for the following purposes:
- Working capital expenses: ₹14.01 crore
- Capital expenditure: ₹6.14 crore
- General corporate purposes
- Offer-related expenses
Rama Telecom Limited IPO Share Allocation
Out of the total 100% equity shares:
- (5.03%) are allocated for market makers
- (19.91%) are allocated to Qualified Institutional Buyers (QIB)
- (22.56%) are allocated to Non-Institutional Investors (NII/HNI)
- (52.49%) are reserved for Retail Individual Investors (RII)
Rama Telecom Limited Company Background
Rama Telecom Limited was incorporated in July 2004 and is headquartered in Kolkata, West Bengal. The company provides end-to-end customized networking solutions in the telecom and datacom sectors. Its services include optical fibre laying, Horizontal Directional Drilling (HDD), Optical Fibre Cable (OFC) blowing, and other related infrastructure works.
The company serves clients including Indian Railways, Airtel, IOCL, and the Airport Authority of India. It partners with several Original Equipment Manufacturers (OEMs) and distributors, such as Nokia, D-Link, Tejas Networks, Exide, Mrotek, and others.
Rama Telecom Limited IPO Management
- Book Running Lead Manager: Affinity Global Capital Market Private Limited
- Registrar: Cameo Corporate Services Limited
- Market Maker: Asnani Stock Broker Private Limited
Rama Telecom Limited Financial
Rama Telecom Limited delivered strong performance in FY25, with revenue rising 13% to ₹42.47 crore from ₹37.48 crore in FY24. Profit After Tax (PAT) more than doubled to ₹5.53 crore, compared to ₹2.61 crore in the previous year. EBITDA also surged to ₹8 crore from ₹4.10 crore in FY24, indicating improved operational efficiency. The company’s assets increased to ₹28.65 crore from ₹19.44 crore, and net worth grew to ₹16.46 crore from ₹9.53 crore. These figures reflect a year of robust growth and enhanced profitability.
The allotment is expected to be finalized by June 30, 2025, with a tentative listing date of July 2, 2025.
Important Documents
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Source: chittorgarh.com