New Delhi, June 25 -- 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.

The company proposes to utilize the net proceeds from the issue. To meet working capital expenses, to meet capital expenditure, general corporate purposes, and other offering-related expenses

1. Rama Telecom IPO date: The issue opened for subscription on Wednesday, June 25, and wi...