Rama Telecom IPO Live
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Schedule of Rama Telecom
| Issue open date | 25 Jun 2025 |
| Issue close date | 27 Jun 2025 |
| UPI mandate deadline | 27 Jun 2025 (5 PM) |
| Allotment finalization | 30 Jun 2025 |
| Refund initiation | 01 Jul 2025 |
| Share credit | 01 Jul 2025 |
| Listing date | 02 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 |
Note: The schedule is tentative. The anchor lock-in period ends 30 days after the actual allotment date for 50% of the shares and 90 days after for the remaining portion. The allotment status can be checked on the registrar's website and the exchange website.
About Rama Telecom
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.
Financials of Rama Telecom
Issue size
| Funds Raised in the IPO | Amount |
| Overall | ₹25.13 crores |
| Fresh Issue | ₹25.13 crores |
Utilisation of proceeds
| Purpose | INR crores (%) |
| Working Capital Expenses | 14.01 |
| Capital Expenditure | 6.14 |
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.
Allotment Status for Rama Telecom
To check your allotment status – click here.
Subscription Figures for Rama Telecom
Subscription numbers as of 5:00 PM on 25 June 2025:
| Category | Reserved (lakhs) | Applied (lakhs) | Subscription (X times) |
|---|---|---|---|
| Institutional | 7.36 | 7.36 | 1.00x |
| NII | 8.34 | 2.48 | 0.30x |
| Retail | 19.40 | 7.48 | 0.39x |
| Total | 35.10 | 17.32 | 0.49x |