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Rama Telecom

NSE SMEListed
NSE SMEListed

IPO Timeline

Issue open date

25 Jun 2025

Issue close date

27 Jun 2025

UPI mandate deadline

27 Jun 2025

Allotment finalization

30 Jun 2025

Refund initiation

1 Jul 2025

Share credit

1 Jul 2025

Listing date

2 Jul 2025

Mandate end date

12 Jul 2025

Lock-in end date for anchor investors (50%)

30 Jul 2025

Lock-in end date for anchor investors (remaining)

28 Sep 2025

Key Dates

Open
25 Jun 2025
Close
27 Jun 2025
Listing
2 Jul 2025

Quick Stats

Issue Size:25cr
Lot Size:2000 shares

Issue Details

Issue Size:25cr
Face Value:₹10
Listing At:NSE SME

Reservation

50%
QIB
15%
NII
35%
Retail

Additional Resources

RHPRead(Opens in a new tab)
DRHPRead(Opens in a new tab)

About the Company

Incorporated in 2004, Rama Telecom Limited is a Kolkata-based technology-driven engineering company specializing in optical fibre and end-to-end customized networking solutions for the telecom sector. The company develops networking infrastructure with advanced technology and sustainable methods to enhance connectivity across India, serving the railways, telecom, petroleum, and airport sectors. Under the leadership of Promoter and Managing Director Mr. Ramakant Lakhotia, along with Whole Time Director Simran Lakhotia and Non-Executive Director Shree Kant Lakhotia, the company has expanded from its eastern regional base to operations across India. Rama Telecom focuses on network expansion and technology advancement, working with various brands to provide infrastructure solutions for different sectors and communities.

Strengths

  • The company has a strong telecom infrastructure, an experienced team, consistent performance, and innovation-driven growth across high-potential markets.
  • Experienced leadership and a skilled, loyal workforce drive operational excellence, project execution, and sustained business growth.
  • Extensive PAN India presence, especially in railway telecom infrastructure, reflects strong capabilities and trusted client relationships nationwide.
  • The company has a strong track record of working with leading government and private entities like Airtel, Jio, Indian Railways, IOCL, and AAI.
  • Established, long-term relationships with both public and private sector clients reflect reliability, trust, and a strong reputation in telecom infrastructure.

Risks

  • High dependence on government and key clients creates concentration risk, with policy changes or client loss potentially affecting business performance.
  • With over 70% of raw materials sourced from top 10 suppliers, the company faces supply and cost risks that could impact operations and profitability.
  • Adverse weather, especially during monsoons, can delay cable deployment and shift revenue recognition, affecting operational performance and profitability.
  • Reliance on third-party labour poses risks of delays, quality issues, or shortages, potentially impacting project delivery and operational efficiency.
  • High dependence on government contracts, requiring EMD and security deposits, exposes the company to payment delays and longer working capital cycles, affecting liquidity and operations.
  • Uncontrollable political and economic factors, both domestic and global, may impact demand, capital access, and overall business performance.
  • Insurance gaps may lead to unforeseen financial and operational risks.
  • Weak billing and credit controls may delay payments and affect cash flow and customer relations.

Rama Telecom IPO – Frequently Asked Questions

  • The price band for the Rama Telecom IPO is set at ₹65 to ₹68 per share.
  • The Rama Telecom IPO opens on June 25, 2025 and closes on June 27, 2025.
  • The tentative listing date for the Rama Telecom IPO is July 2, 2025.
  • You can apply for the Rama Telecom IPO via your broker or bank using ASBA or UPI. Log in to your trading app (Zerodha, Upstox, Groww, etc.), select IPO section, choose Rama Telecom, enter lot quantity and UPI ID, then approve the mandate.
  • The lot size for the Rama Telecom IPO is 2000 shares. Investors must apply for at least one lot (i.e., 2000 shares).