Rama Telecom shares open at ₹72, listing at 6% premium; details here
Rama Telecom IPO listing: Rama Telecom share price debuted a tepid premium of nearly 6 per cent on Wednesday, July 2. The SME stock opened at ₹72 against its issue price of ₹68. It rose further to ₹75 but soon erased most gains to trade flat. Around 10:10 AM, Rama Telecom shares were trading at ₹68.40 apiece.
According to market experts, the stock’s listing is broadly in line with expectations, as it has been trading at ₹73 in the grey market over the last few days.
