Rama Telecom IPO Day 1: Latest GMP, subscription status, listing date & other details about SME IPO

Rama Telecom IPO in focus today: The IPO of Rama Telecom, which opened for bidding on Wednesday, June 25, saw a healthy investor interest, with the issue being subscribed only 0.41 times as of 04:00 p.m., according to exchange data.

The retail investor segment was subscribed 0.30 times, while the non-institutional investor (NII) category also saw a 0.17 times subscription. The Qualified Institutional Buyer (QIB) portion was fully booked.