Rama Telecom IPO
Rama Telecom Ltd
₹1,30,000 /2000 sharesMinimum Investment
Rama Telecom IPO listing details
| Listed on | Issue price | Listing price | Listing gains |
|---|
| -- | ₹68.00 | ₹72.00 | ₹4.00 (5.88%) |
Rama Telecom IPO Details
| Bidding dates | Minimum investment | Lot size | Price range |
|---|
| 25 Jun ‘25 - 27 Jun ‘25 | ₹1,30,000 | 2,000 | ₹65 - ₹68 |
| Issue size | IPO doc | Tentative allotment date | Tentative listing date |
|---|
| 25.13 Cr | | 30 Jun ‘25 | 02 Jul ‘25 |
Subscription rate
As of 27 Jun'25, 05:00 PM
| Qualified Institutional Buyers | 1.00x |
| Non-Institutional Investor | 1.88x |
| Retail Individual Investor | 1.76x |
| Total | 1.55x |
Rama Telecom Limited is a technology-driven engineering company specialising in optical fibre and providing end-to-end customised networking solutions. The company focuses on developing advanced and sustainable networking infrastructure to improve connectivity across India. Rama Telecom offers services primarily to sectors like railways, telecom, petroleum, and airports.
Founded in 2004 as Rama Telecom Private Limited in Kolkata, the company converted to a public limited entity in 2024. It operates on a pan-India level, having expanded beyond the eastern regions.
Use of Proceeds:
This is a fresh issue of shares. Therefore, the net proceeds from the fresh issue will go to the company. They will be utilised for the following purposes:
To fund the working capital requirements.
To meet the capital expenditure requirements.
To meet the offer expenses.
General corporate purposes.
;
MD/CEO
Mr. Rama Kant Lakhotia
Parent organisation
Rama Telecom Ltd
Strengths & Risks of Rama Telecom
The company claims to operate in several states, including West Bengal, Madhya Pradesh, Gujarat, Maharashtra, Bihar, and Meghalaya.
Rama Telecom claims to have built long-term partnerships within the railway sector by consistently delivering services over the years.
The company claims to regularly work with prominent organisations such as Airtel, Jio, Indian Railways, Indian Oil Corporation (IOC), and the Airports Authority of India (AAI).
Rama Telecom claims to be expanding its presence in the telecommunications sector, particularly in high-growth areas with increasing demand for telecom services. The company further claims to focus on upgrading infrastructure, deploying advanced technologies, and expanding fibre optic coverage in underserved regions. The company claims this diversification strategy aims to open new revenue streams and differentiate it from competitors while ensuring compliance with regulatory requirements.
Over the years, the company has observed a consistent increase in its revenue from operations and profit after tax (PAT). Revenue from operations increased from Rs 33.10 crore in FY23 to Rs 37.19 crore in FY24 to Rs 41.76 crore in FY25. PAT increased from Rs 1.08 crore in FY23 to Rs 2.61 crore in FY24 to Rs 5.53 crore in FY25.
A significant portion of the company’s revenue is derived from government tenders and key clients. The top 10 customers accounted for Rs 46.24 crore (93.84 percent) of the company’s total revenue in FY25, Rs 33.79 crore (91 percent) in FY24, and Rs 30.30 crore (92 percent) in FY23. Any loss of these customers or failure to secure new tenders and maintain relationships can adversely affect the company’s business and financial performance.
The top 10 suppliers accounted for Rs 15.67 crore (71.98 percent) of the company’s total purchases in FY25, Rs 8.37 crore (56 percent) in FY24, and Rs 12.50 crore (69 percent) in FY23. Any disruption in supplies from one or more of these suppliers could adversely affect the company’s business and finances.
A significant portion of the company’s revenue is derived from Telangana and West Bengal. Telangana accounted for Rs 1.46 crore (3.49 percent) of the company’s total revenue in FY25, Rs 8.29 crore (22.28 percent) in FY24 and Rs 812.37 crore (24.5 percent) in FY23. West Bengal accounted for Rs 13.14 crore (31.47 percent) of the company’s total revenue in FY25, Rs 8.00 crore (21.51 percent) in FY24 and Rs 4.43 crore (13.4 percent) in FY23. Any adverse economic, political, or social changes in these states can negatively impact the company’s operations and finances.
The company’s trade receivables stood at Rs 11.90 crore in FY25, a sharp increase from Rs 8.71 crore in FY24 and Rs 7.96 crore in FY23. Any failure to collect these receivables on time or at all can negatively impact the business and its financial condition.
As of FY25, the company had contingent liabilities amounting to Rs 9.99 crore. If any of these contingent liabilities materialise, it could harm the company’s financial performance
The company, its directors and promoters are involved in certain ongoing legal proceedings. Any adverse judgment in any of these cases can be detrimental to the company’s business prospects.
As of FY25, the company had total financial indebtedness amounting to Rs 5.00 crore. Any failure to service or repay these loans can harm the company’s operations and financial position.
Rama Telecom Financials
*All values are in Rs. Cr
Application Details of Rama Telecom IPO
| Apply as | Price band | Apply Range | Lot size |
|---|
| Regular | ₹65 - 68 | ₹2 - 5 Lakh | 2000 |
| High Networth Individual | ₹65 - 68 | ₹2 - 5 Lakh | 2000 |
For Rama Telecom IPO, eligible investors can apply as Regular.