Rama Telecom Paves the Way for Expansion with Upcoming IPO

Rama Telecom Limited, a prominent player in the telecom infrastructure sector, is gearing up to launch its Initial Public Offering (IPO) on June 25, 2025. The fundraising aims to mobilize ₹25.13 Crore, with plans for listing on the NSE Emerge platform.

The IPO comprises 36,96,000 equity shares, each priced between ₹65 and ₹68. Shares are allocated as follows: 7,36,000 for Qualified Institutional Buyers, 8,34,000 for Non-Institutional Investors, 19,40,000 for Retail Investors, and 1,86,000 for Market Makers. The offering will close on June 27, 2025.

Funds raised will boost capital expenditure, working capital, and general corporate purposes. Managing Director Rama Kant Lakhotia emphasizes the move as a strategic evolution, enhancing RTL's project execution capabilities and technological advancements. Chairman Sanjay Bhalotia of Affinity Global supports RTL's growth trajectory, highlighting the firm's potential in the thriving infrastructure sector.

(With inputs from agencies.)