Here are the complete details on Rama Telecom Limited IPO (SME on NSE EMERGE):
Rama Telecom Limited IPO Dates
- IPO Open Date: June 25, 2025
- IPO Close Date: June 27, 2025
- Allotment Date: Jun 30, 2025
- Initiation of Refunds: Jul 1, 2025
- Credit of Shares to Demat: Jul 1, 2025
- Listing Date: Jul 2, 2025
Rama Telecom Limited IPO Details
- Price Band: ₹65 to ₹68 per share
- Lot Size: 2,000 shares (≈₹1.36 lakh per lot at upper band)
- Face Value: ₹10 per share
- Total Shares Offered: 36,96,000 equity shares (fresh issue)
- Total IPO Size: Approx. ₹24.0–25.1 crore
- Offer for Sale: Nil (entire issuance is a fresh capital raise)
- Retail Allocation: 35% of the issue
- Listing At: NSE SME
- Share Holding Pre Issue: 95,03,349 shares
- Share Holding Post Issue: 1,31,99,349 shares
Promoters of Rama Telecom Limited
- Mr. Rama Kant Lakhotia
- Mrs. Neena Lakhotia
- Ms. Nikita Lakhotia
- Ms. Simran Lakhotia
1) Mr. Rama Kant Lakhotia
- Founder & Director, established Rama Telecom Pvt Ltd in July 2004; retained majority promoter stake.
- Holds key strategic, governance, and operational influence.
2) Mrs. Neena Lakhotia
- Director & Co-Promoter, part of the founding family lineage.
- Collaborates closely in steering company-wide decisions.
3) Ms. Nikita Lakhotia
- Promoter & Board Member, supporting across governance activities.
- Helps uphold family-led operational continuity.
4) Ms. Simran Lakhotia
- Promoter & CFO, key managerial personnel overseeing finances.
- Plays active role in financial decision-making and IPO processes.
Summary of Promoter Strengths
- Family-Controlled Structure: Four promoters control virtually the entire company, enabling tight governance and strategic alignment.
- Founder Leadership: With Rama Kant at the helm, the promoters ensure entrepreneurial vision and consistency.
- Growth-Origin Team: Promoters have grown the company from a 2004 startup to a pan-India telecom infrastructure player.
- Financial Management: Simran’s CFO role ensures financial discipline and supports IPO compliance and transparency.
Rama Telecom Limited IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2000 | ₹1,36,000 |
| Retail (Max) | 1 | 2000 | ₹1,36,000 |
| HNI (Min) | 2 | 4,000 | ₹2,72,000 |
- Minimum Application Size: 1 lot = 2,000 shares.
- Higher Applications: Must be in multiples of 2,000 (e.g., 4,000, 6,000, etc.).
- Estimated Minimum Outlay: ₹1.30–1.36 lakh, depending on the final floor or cap price.
Rama Telecom Limited IPO Promoter Holding
| Aspect | Percentage |
|---|---|
| Pre-IPO Promoter Holding | 98.98% |
| Post-IPO Promoter Holding | Not yet |
- The promoters — Mr. Rama Kant Lakhotia, Mrs. Neena Lakhotia, Ms. Nikita Lakhotia, and Ms. Simran Lakhotia — collectively own approximately 9,503,349 shares out of 9,603,349 shares pre-IPO.
- Post-IPO holding will decline modestly once the 3,696,000 fresh shares are issued, but the exact stake percentage will be revealed in the post-IPO shareholding report.
About Rama Telecom Limited
Rama Telecom Limited, founded in 2004 (initially as a private company, later converting to public status in 2024), is a Kolkata-based telecom and datacom infrastructure specialist.
. With 18+ years of experience, the company offers end-to-end networking solutions, including optical fibre cable installation, horizontal directional drilling, and telecom equipment deployment.
Core Competencies & Offerings
- Optical Fibre Cable (OFC) Installation: Laying, blowing, splicing, and termination of single-mode/multi-mode cables—24 to 96 cores—using ducts, aerial poles, or direct burial.
- Horizontal Directional Drilling (HDD): Trenchless laying of cables and conduits under roads, railways, and waterways.
- Telecom Infrastructure: Installation of ADSS cables, OPGW/OPPC, 19″ racks, utility poles (6‑9 m), and FTTH products like terminal boxes and patch panels.
- Turnkey Services: Comprehensive project management—from planning, installation, commissioning, to maintenance (CCTV, IP-PBX, splicing, MUX/STM setups).
Products Portfolio
Here’s a detailed look at the products and services offered by Rama Telecom Limited, based on their official disclosures:
1. Optical Fibre Cable (OFC) Installation & Maintenance
- Laying and blowing of single-mode OFCs (24/48/96 cores) in HDPE ducts, aerial routes, or direct burial.
2. All‑Dielectric Self‑Supporting (ADSS) Aerial Cables
- Installation of non-metallic, self-supporting aerial cables (ADSS) over long spans without additional support structures.
3. Horizontal Directional Drilling (HDD) & Excavation
- Trenchless underground installation of pipelines, conduits, and OFC under roads, rail tracks, and water bodies.
- Where HDD is unfit, manual trenching & JCB excavation are employed.
4. Telecom Structure & Rack Installations
- Deployment of telecom racks (19″ 42U/6U), utility poles (6–9 m), brick/FRP chambers.
- Erection and dismantling of telecom towers and poles as needed.
5. Telecom Network Components
- Equipment servicing: STM modules, MUX systems, IP‑PBX setups, and CCTV/IP camera installations.
6. FTTH & Broadband Solutions
- FTTH infrastructure, including drop cables, FAT boxes, patch panels, connectors, and on‑site in‑building work and upgrades.
7. Ancillary Services
- Earthing systems for safety, quad cable laying, cable blowing, splicing, earthing, and maintenance across telecom installations.
Summary
Rama Telecom serves as a one-stop telecom infrastructure provider with a broad product portfolio:
- OFC and ADSS cable solutions
- Trenchless (HDD) and trench-based installations
- Support structure deployment (poles, racks, towers)
- FTTH and network equipment services
- Splicing, blowing, maintenance, and safety solutions
These offerings are tailored for both public-sector clients (e.g. Indian Railways, Jio, Airtel) and private entities, enabling end-to-end fiber and datacom infrastructure across India
Rama Telecom Limited Financial Information
Here’s the detailed financial information for Rama Telecom Limited, based on its IPO filings and DRHP disclosures:
| Period Ended | 31 Mar 2025 | Mar 31 2024 | 31 Mar 2023 |
| Assets | ₹28.65 Crore | ₹19.44 Crore | ₹16.41 Crore |
| Revenue | ₹42.47 Crore | ₹37.48 Crore | ₹33.22 Crore |
| Profit After Tax | ₹5.53 Crore | ₹2.61 Crore | ₹1.08 Crore |
| EBITDA | ₹8.00 Crore | ₹4.10 Crore | ₹1.65 Crore |
| Net Worth | ₹16.46 Crore | ₹9.53 Crore | ₹6.92 Crore |
| Reserves and Surplus | ₹6.96 Crore | ₹9.38 Crore | ₹6.76 Crore |
| Total Borrowing | ₹5.00 Crore | ₹4.64 Crore | ₹3.96 Crore |
Key Performance Indicator (KPI)
| KPI | Values |
|---|---|
| ROE | 10.63% |
| ROCE | 37.06% |
| Debt/Equity | 0.30 |
| RoNW | 33.58% |
| PAT Margin | 13.24% |
| EBITDA Margin | 17.44% |
| Price to Book Value | 3.91 |
Objects of the Issue (Rama Telecom Limited IPO)
| Purpose | Estimated Utilization (₹ in Lakhs) | Description |
|---|---|---|
| Working Capital Requirements | ₹7,250.00 | To support daily operations like procurement of raw materials, staff costs, and other short-term expenses. |
| Prepayment/Repayment of Borrowings | ₹1,800.00 | To reduce existing debt obligations and improve the balance sheet strength. |
| Acquisition of Subsidiary Shares | ₹900.00 | To acquire remaining stake in a subsidiary and make it wholly owned. |
| General Corporate Purposes | To be finalized | For marketing, branding, contingencies, and future business opportunities. |
| IPO Issue Expenses | Part of general allocation | To cover lead manager fees, registrar costs, legal, and compliance expenses. |
Summary
- The largest portion (approx. 72.5%) is aimed at working capital, reflecting operational scaling.
- Around 18% is reserved for debt repayment, a move that can reduce interest burden.
- Ownership consolidation in subsidiaries and flexibility via general purposes are also in focus.
Strengths of Rama Telecom Limited IPO
1) Established Industry Experience
- Rama Telecom Limited has been operating since 2004, providing telecom infrastructure solutions for over 18 years.
2) Strong Financial Growth
- The company has shown consistent revenue growth, from ₹32.51 Cr in FY22 to ₹37.19 Cr in FY24.
- Profit After Tax (PAT) jumped to ₹2.61 Cr in FY24 from ₹1.08 Cr in FY23, reflecting improved operational efficiency.
3) Robust Client Base
- Trusted by marquee clients such as Jio, Airtel, Indian Railways, AAI, and IOCL.
4) Efficient Operational Metrics
- High Return on Net Worth (27.38%) and EBITDA Margin (11.56%) in FY24 demonstrate strong financial management.
5) Strategic OEM Partnerships
- Rama Telecom works with reputed OEMs like Nokia, D-Link, Tejas Networks, and Exide, ensuring quality materials and streamlined execution.
6) Pan-India Presence
- Headquartered in Kolkata, the company operates across East, West, North, and South India, positioning it well for national telecom projects.
Risks of Rama Telecom Limited IPO
1) SME IPO Volatility
- Being listed on the NSE SME platform, the stock may have limited liquidity, low analyst coverage, and higher price volatility.
2) Client Concentration Risk
- The company relies heavily on a few large clients. Any reduction in orders from major customers like Indian Railways or Airtel can affect revenue significantly.
3) Project Execution Challenges
- Delay in project approvals, labor shortages, or logistics disruptions may result in penalties or cost overruns.
4) Legal and Regulatory Risks
- Rama Telecom has certain pending litigations, including a noted NCLAT case, which could affect its reputation or operations.
5) Technological Obsolescence
- The telecom sector is rapidly evolving. Failure to adapt to next-gen technologies (5G, AI-driven networks, etc.) may impact competitiveness.
6) Rising Debt Levels
- Borrowings rose to ₹5.95 Cr by H1 FY25. Although the debt-equity ratio is moderate, increased leverage could strain cash flows during downturns.
Final Thoughts
Rama Telecom Limited IPO presents an opportunity to invest in a profitable, scalable, and sector-relevant company. With consistent growth, a loyal client base, and a specialized offering, the company stands out. However, SME volatility, client dependency, and legal uncertainties remain key risks.
Rama Telecom Limited Contact Details
📞 Corporate Office – Rama Telecom Limited
- Address:
156A, Lenin Sarani, Kamalalaya Centre, Room 401/1, Kolkata 700013, West Bengal, India - Phone: +91‑33‑4062 7026
- Email (General Inquiries): info@ramatelecom.net
- Website: www.ramatelecom.net
🧾 IPO / Registrar Information – Cameo Corporate Services Ltd
- Registrar Office:
Room No. 302, 3rd Floor, Kamalalaya Centre, 156A Lenin Sarani, Kolkata – 700013 - Registrar Phone: +91‑40‑6716 2222 (IPO inquiries)
- Registrar Emails: ipo@cameoindia.com / investor@cameoindia.com
Summary at a Glance
| Department | Contact Info |
|---|---|
| Head Office (Kolkata) | +91‑33‑4062 7026 |
| General Email | info@ramatelecom.net |
| Registrar (IPO Applications) | +91‑40‑6716 2222, ipo@cameoindia.com |
| Company Secretary (IPO) | cs@ramatelecom.net |
| Official Website | www.ramatelecom.net |
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