Overview
- The IPO comprises 36.96 lakh equity shares priced at ₹65–₹68 each, with 19.9% reserved for QIBs, 22.6% for NIIs and 52.5% for retail investors.
- A grey market premium of ₹5 over the upper band points to a potential listing price near ₹73 per share.
- Net proceeds will fund capital expenditure on optical fibre infrastructure and bolster working capital.
- Rama Telecom reported FY25 revenue of ₹42.47 crore and a PAT of ₹5.53 crore, up from ₹2.61 crore a year earlier.
- Allotment is scheduled for June 30 ahead of a tentative July 2 listing on the NSE Emerge platform.