To apply for the Rama Telecom IPO, investors must log in to their trading account through a registered brokerage platform. Once logged in, navigate to the IPO section where active public issues are listed. Select “Rama Telecom IPO” and click on the ‘Apply’ option. Enter the number of lots (minimum one lot of 2,000 shares) and choose a bid price within the range of ₹65 to ₹68 per share. Provide your UPI ID linked to a valid bank account. Ensure that sufficient funds are available in your bank account to support the IPO application. After verifying all application details, submit the form and approve the UPI mandate. The UPI approval must be completed before 5 PM on June 27, 2025. On successful submission, you will receive a confirmation of your bid. Investors can track their application status through their broker platform or the registrar’s website once allotment details are published.
For complete details on this public offering, visit the Rama Telecom IPO page on Bajaj Broking’s website.
Rama Telecom IPO Application Process
The Rama Telecom IPO application process can be completed online through your trading platform. Below is a step-by-step guide to applying for the IPO:
Step 1: Login to Your Trading Platform
Access your trading account using Bajaj Broking’s app or website.
Step 2: Navigate to the IPO Section
Go to the IPO section to view active IPO listings.
Step 3: Select the Open IPO and Click Apply
Locate Rama Telecom IPO in the list of available IPOs and click the ‘Apply’ button.
Step 4: Enter the Quantity of Shares You Wish to Apply For
Specify the number of shares (minimum lot size: 2000 shares) within the price band of ₹65 to ₹68 per share.
Step 5: Provide Your UPI ID
Enter your UPI ID for payment authorization and ensure sufficient funds in your bank account.
Step 6: Confirm the Application
Review your application details and confirm the UPI mandate before 5 PM on the last application day.
Step 7: Complete the Process and Wait for Allotment
Submit the application and monitor the allotment status to check if shares have been allocated to you.
Additional Read: Rama Telecom IPO Investment Guide: Objectives & Opportunities
About Rama Telecom IPO: Overview and Key Facts
Rama Telecom Ltd, founded in July 2004, operates in the telecom and datacom infrastructure sector, offering end-to-end networking solutions. Its services range from optical fibre laying and maintenance to turnkey network planning and installation. Key clients include Indian Railways, Airtel, IOCL, and the Airport Authority of India. The company also engages in broadband rollout and wireless communication solutions, reflecting versatility in project scope. Its workforce of 40 personnel handles strategic, compliance, marketing, and operational roles, enabling streamlined project delivery.
The IPO is scheduled from June 25 to June 27, 2025, and will be listed on the NSE SME platform. It involves the issuance of up to 36,96,000 equity shares, aggregating approximately ₹25.13 crore. The price band is set between ₹65 and ₹68 per share. The minimum application is one lot of 2,000 shares (amounting to ₹1,36,000 for retail investors), with higher allocation tiers available for institutional investors and high-net-worth individuals.
Proceeds from the IPO are aimed at supporting working capital needs, funding ongoing and planned capital expenditure, covering corporate expenses, and financing offer-related costs. The registrar for the issue is Cameo Corporate Services Limited, and Asnani Stock Broker Private Limited is acting as the market maker. Key dates include allotment on June 30, 2025, refund initiation on July 1, 2025, and tentative listing on July 2, 2025.
To check your application status, visit the Rama Telecom IPO Allotment Status page on Bajaj Broking’s website.