Codebooks with small inner-product correlations are desirable in many fields, including compressed sensing, direct spread code division multiple access (CDMA) systems, and space-time codes. The objective of this paper is to present a class of codebooks and explore their applications in strongly regular Cayley graphs. The obtained codebooks are nearly optimal in the sense that their maximum cross-correlation amplitude nearly meets the Welch bound. As far as we know, this construction of codebooks provides new parameters.