Rama Telecom Limited IPO Opens on June 25, 2025

Total Issue Size – Up to 36,96,000 Equity Shares of ₹ 10 each

IPO Size – ₹ 25.13 Crore (At Upper Price Band)

Price Band – ₹ 65 – ₹ 68 Per Share

Lot Size – 2,000 Equity Shares

Mumbai, June 24, 2025 – Rama Telecom Limited (The Company, RTL) is one of the leading telecom infrastructure and engineering solutions provider, proposes to open its Initial Public Offering on Wednesday, June 25, 2025, aiming to raise ₹ 25.13 Crore (At Upper Price Band), with shares to be listed on the NSE Emerge platform.

The issue size is 36,96,000 equity shares at a face value of ₹ 10 each with a price band of ₹ 65 – ₹ 68 Per Share.

Equity Share Allocation

Qualified Institutional Buyer – Not more than 7,36,000 Equity Shares

Non-Institutional Investors – Not less than 8,34,000 Equity Shares

Retail Individual Investors – Not less than 19,40,000 Equity Shares

Market Maker – Not less than 1,86,000 Equity Shares

The net proceeds from the IPO will be utilized for capital expenditure, working capital requirements and general corporate purposes. The issue will close on June 27, 2025.

The Book Running Lead Manager to the Issue is Affinity Global Capital Market Private Limited, The Registrar to the Issue is Cameo Corporate Services Limited.

Mr. Rama Kant Lakhotia, Managing Director of Rama Telecom Limited expressed, “This IPO marks a new chapter in the evolution of Rama Telecom Limited. Over the years, we have built a strong foundation through consistent delivery, technical excellence, and deep engagement with government and PSU clients. Our work across Railways, Telecom, Petroleum, and Airports reflects our ability to execute complex infrastructure projects at scale.

The capital raised will be used to enhance our execution capacity, upgrade equipment, and adopt relevant technologies to support ongoing and upcoming projects. It will also help us contribute more effectively to initiatives such as the Kavach system, FTTH deployments, and SCADA networks.”

Mr. Sanjay Bhalotia, Founder and Chairman of Affinity Global Capital Market Private Limited said, “We are pleased to be associated with Rama Telecom Limited as they take this important step in their growth journey through the launch of their Initial Public Offering. With rising investments in telecom, 5G, FTTH, and railway modernization, the infrastructure sector is witnessing strong growth. RTL, with its proven track record and presence across 20+ states, is well-positioned to benefit from this momentum.

The IPO proceeds will enable Rama Telecom Limited to expand its execution capacity, upgrade essential machinery, and adopt advanced technologies. These enhancements will position the company to undertake larger projects and play a more active role in key national initiatives.”

About Rama Telecom Limited:

Rama Telecom Limited (The Company, RTL) is one of the leading telecom infrastructure and engineering solutions provider, with a strong presence across 20+ Indian states. The company specializes in Optical Fiber Cable (OFC) deployment, railway telecom systems, FTTH, SCADA integration, and network commissioning.

With over two decades of experience, RTL has executed 100+ government and PSU projects, primarily in Railways, Telecom, Petroleum, and Airport sectors. Backed by a skilled workforce and in-house machinery, the company offers end-to-end services from trenching and cable laying to testing and commissioning.

RTL is also actively contributing to future-ready initiatives like Indian Railways’ Kavach system and smart connectivity expansion, positioning itself as a key player in India’s digital infrastructure growth.

In FY24, The Company Achieved a Revenue of ₹ 3,718.77 Lakhs, EBITDA of ₹ 380.63 Lakhs, & PAT of ₹ 261.16 Lakhs.

In FY25, The Company Achieved a Revenue of ₹ 4,175.80 Lakhs, EBITDA of ₹ 728.13 Lakhs, & PAT of ₹ 552.93 Lakhs.

Disclaimer:

Certain statements in this document that are not historical facts are forward looking statements. Such forward-looking statements are subject to certain risks and uncertainties like government actions, local, political or economic developments, technological risks, and many other factors that could cause actual results to differ materially from those contemplated by the relevant forward-looking statements. The Company will not be in any way responsible for any action taken based on such statements and undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances.