Latest news with #RamaTelecomLimited
Economic Times
02-07-2025
- Business
- Economic Times
Rama Telecom set to list on NSE SME. Muted GMP ahead of debut
Delhi-headquartered Rama Telecom Limited is scheduled to list on the NSE SME platform on July 2, following the closure and allotment of its Rs 25.13 crore IPO. The GMP remains flat at Rs 0, indicating a subdued pre-listing sentiment and pointing to a potential listing around the issue price of Rs 68 per share. ADVERTISEMENT The IPO, which consisted entirely of a fresh issue of 36.96 lakh shares, saw investor participation between June 25 and 27, with allotments finalized on June 30. Despite a healthy business model focused on optical fibre cable (OFC) laying and telecom infrastructure, the absence of a premium in the unofficial market suggests cautious optimism from investors amid a busy SME listing week. Rama Telecom provides end-to-end network deployment services for major telecom players like Reliance Jio, Airtel, Vodafone Idea, BSNL, and others, with a strong portfolio in horizontal directional drilling, network design, commissioning, and data communication solutions. Its pan-India reach and client base in both public and private sectors offer a strategic moat in a capex-intensive the company has demonstrated robust growth, with FY25 revenue at Rs 42.47 crore, and a more-than-doubled PAT of Rs 5.53 crore, compared to Rs 2.61 crore in FY24. Margins have also improved, with EBITDA margins at 17.44% and PAT margins at 13.24%.While the company's fundamentals and order book offer long-term visibility, the IPO's price-to-earnings (P/E) ratio of 16.23x post-issue appears slightly full-valued for an SME counter, especially amid stiff competition and operational risks in large-scale infra execution. ADVERTISEMENT Post-issue, fresh capital earmarked for working capital needs, capex, and general corporate purposes. Investors and analysts will be closely watching if the stock can build momentum beyond listing and attract institutional interest in the secondary market. (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times) ADVERTISEMENT (You can now subscribe to our ETMarkets WhatsApp channel)
Time of India
25-06-2025
- Business
- Time of India
Rama Telecom IPO opens today: Key details to know before subscribing
Telecom infrastructure player Rama Telecom Limited has opened its Rs 25.13 crore initial public offering (IPO) for subscription on June 25 and will remain open until June 27. The issue is entirely a fresh offering of 36.96 lakh shares, aimed at expanding the company's capabilities and balance sheet strength. The IPO is being launched at a price band of Rs 65 to Rs 68 per share, with a minimum bid lot of 2,000 shares. Affinity Global Capital Market is acting as the book-running lead manager, while Cameo Corporate Services is the registrar to the company's shares are proposed to be listed on the NSE SME platform, with a tentative listing date of July 2. About the Company Established in 2004, Rama Telecom is a telecom services and infrastructure company specialising in optical fibre cable (OFC) laying, horizontal directional drilling (HDD), installation of telecom towers, and network commissioning. The company has a strong client base, including Airtel , Indian Railways, IOCL , Airport Authority of India, and Reliance Jio. Rama Telecom also partners with reputed OEMs and distributors such as Nokia, Tejas Networks , D-Link , Mrotek, and Statcon, enhancing its value proposition and service capabilities. As of September 2024, the company employed 40 full-time staff, managing operations across India with a focus on project execution and expansion. Financial snapshot The company has shown consistent growth over the years. Its revenue rose by 13% to Rs 42.47 crore in FY25 from Rs 37.48 crore in FY24. Meanwhile, profit after tax (PAT) jumped by 112% to Rs 5.53 crore in FY25 from Rs 2.61 crore in the previous year. The return on equity (ROE) is reported at 10.63%, with a debt-to-equity ratio of 0.30, indicating healthy financial leverage. Based on post-issue EPS of Rs 4.19 and the upper price band of Rs 68, the P/E ratio stands at 16.23x. Use of Proceeds Rama Telecom plans to utilise the proceeds from the IPO for working capital requirements, capital expenditure and general corporate purposes and issue-related expenses. ( Disclaimer : Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
Economic Times
25-06-2025
- Business
- Economic Times
Rama Telecom IPO opens today: Key details to know before subscribing
Telecom infrastructure player Rama Telecom Limited has opened its Rs 25.13 crore initial public offering (IPO) for subscription on June 25 and will remain open until June 27. The issue is entirely a fresh offering of 36.96 lakh shares, aimed at expanding the company's capabilities and balance sheet strength. ADVERTISEMENT The IPO is being launched at a price band of Rs 65 to Rs 68 per share, with a minimum bid lot of 2,000 shares. Affinity Global Capital Market is acting as the book-running lead manager, while Cameo Corporate Services is the registrar to the company's shares are proposed to be listed on the NSE SME platform, with a tentative listing date of July 2. Established in 2004, Rama Telecom is a telecom services and infrastructure company specialising in optical fibre cable (OFC) laying, horizontal directional drilling (HDD), installation of telecom towers, and network commissioning. The company has a strong client base, including Airtel, Indian Railways, IOCL, Airport Authority of India, and Reliance Jio. Rama Telecom also partners with reputed OEMs and distributors such as Nokia, Tejas Networks, D-Link, Mrotek, and Statcon, enhancing its value proposition and service capabilities. ADVERTISEMENT As of September 2024, the company employed 40 full-time staff, managing operations across India with a focus on project execution and company has shown consistent growth over the years. Its revenue rose by 13% to Rs 42.47 crore in FY25 from Rs 37.48 crore in FY24. Meanwhile, profit after tax (PAT) jumped by 112% to Rs 5.53 crore in FY25 from Rs 2.61 crore in the previous year. ADVERTISEMENT The return on equity (ROE) is reported at 10.63%, with a debt-to-equity ratio of 0.30, indicating healthy financial leverage. Based on post-issue EPS of Rs 4.19 and the upper price band of Rs 68, the P/E ratio stands at 16.23x. ADVERTISEMENT Rama Telecom plans to utilise the proceeds from the IPO for working capital requirements, capital expenditure and general corporate purposes and issue-related expenses. (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times) (You can now subscribe to our ETMarkets WhatsApp channel)
