As of March 2024, 37.68% is owned by Indian Promoters and 62.31% by Public.

Top five Promoters holding highest number of shares of Raama Paper Mills company are Ram Fin Fortunes Pvt. Ltd (9.34 lakhs shares / 9.66%), Aaa Paper Limited (6.94 lakhs shares / 7.19%), Arun Goel Huf (4.18 lakhs shares / 4.32%), Appurva Goel (3.95 lakhs shares / 4.09%) and Pramod Kumar (3.00 lakhs shares / 3.10%).