๐
Established: July 2004
๐ข Company: Rama Telecom Ltd
๐ What They Do: Customized end-to-end networking solutions in Telecom & Datacom
๐ง Specialization:
๐ก Optical fibre laying
๐ Indian Railways, ๐ Airtel, ๐ข๏ธ IOCL, โ๏ธ Airport Authority of India
๐ฑ Focus: Seamless, sustainable networking with professional quality
๐ ๏ธ Core Services:
๐ HDD (Horizontal Directional Drilling)
๐ OFC (Optical Fibre Cable) Laying & Blowing
๐๏ธ Telecom Infrastructure Projects
๐ค OEM & Distributor Partners:
๐ถ Nokia, ๐งฉ D-Link, ๐งช Tejas, ๐ Exide, ๐งฑ Aaram, ๐งต Mescab, ๐ Mrotek, ๐ป Puncom, โก Statcon, ๐จโ๐ป Team Engineers, ๐ Webfil
๐๏ธ Infrastructure Focus:
๐ก Fibre optic networks
๐ถ Wireless solutions
๐ Broadband connectivity
๐งฐ Services Offered:
- ๐ OFC Laying & Maintenance โ Using HDD & micro-trenching
- ๐บ๏ธ Network Planning & Design โ Customised & scalable
- ๐๏ธ Installation & Commissioning โ Towers, systems, and networks
- ๐ Turnkey Project Management โ From start to finish
- ๐ป Data Communication โ Expanding broadband access
๐ฅ Team Size (as of Sep 30, 2024): 40
๐งโ๐ผ Includes Directors, Key Managers, Admin, Marketing & Accounting Professionals

Rama Telecom IPO โ Details
| IPO Opening Date | 25 June 2025 |
| IPO Closing Date | 27 June 2025 |
| Issue Type | Book Built Issue IPO |
| Issue Size | Total Issue:ย 36,96,000ย ย Shares Worthย โน25.13ย Crore Fresh Issue:ย 36,96,000ย Shares Worthย โน25.13ย Crore |
| Face Value | โน10 per equity share |
| IPO Price | โน65 โ โน68 per share |
| Market Lot | 2000 |
| Min Order | 2000 Shares [1 LOT] |
| Listing At | NSE SME |
| Registrar | Cameo Corporate Services Limited |
| QIB Shares Offered | 35% |
| NII (HNI) Shares Offered | 15% |
| Retail Shares Offered | 50% |
Rama Telecom IPO โ Date Schedule
| IPO Open Date | 25 June 2025 |
| IPO Close Date | 27 June 2025 |
| Basis of Allotment | 30 June 2025 |
| Initiation of Refund | 01 July 2025 |
| Credit of Shares to Demat | 01 July 2025 |
| IPO Listing Date | 02 July 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on June 27, 2025 |
Rama Telecom IPO โ Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | โน1,36,000 |
| Retail (Max) | 1 | 2,000 | โน1,36,000 |
| HNI (Min) | 2 | 4,000 | โน1,36,000 |
Competitive Strengths
- It specializes in optical fiber cable (OFC) laying, horizontal directional drilling (HDD), and network expansion across India.
- Collaborates with major telecom service providers such as Reliance Jio, Airtel, Vodafone Idea, BSNL, and Tata Communications.
- Pan-India Presence and Execution Capability.
- Offers data centre solutions and cloud-based services for enterprises.
- Provides customised, high-quality telecom solutions tailored to client needs.
- Experienced professionals in telecom engineering, project management, and network optimisation.
Company Promoters
- Mr. Rama Kant Lakhotia
- Ms. Simran Lakhotia
- Mrs. Neena Lakhotia
- Ms. Nikita Lakhotia
Company Financials
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | โน28.65 Cr | โน19.44 Cr | โน16.41 Cr |
| Revenue | โน42.47 Cr | โน37.48 Cr | โน33.22 Cr |
| Profit After Tax | โน5.53 Cr | โน2.61 Cr | โน1.08 Cr |
| EBITDA | โน8.00 Cr | โน4.10 Cr | โน1.65 Cr |
| Net Worth | โน16.46 Cr | โน9.53 Cr | โน6.92 Cr |
Key Performance Indicator
| KPI | Values |
|---|---|
| Total Revenue | โน42.47 Cr |
| Profit After Tax (PAT) | โน5.53 Cr |
| EBITDA | โน8.00 Cr |
| EBITDA Margin | 18.83% |
| PAT Margin | 13.02% |
| Net Worth | โน16.46 Cr |
| Total Borrowings | โน5.00 Cr |
| Debt-to-Equity Ratio | 0.30x |
| Reserves and Surplus | โน6.96 Cr |
| Total Assets | โน28.65 Cr |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (โน) | 5.82 | 4.19 |
| P/E (x) | 11.69 | 16.23 |
Object Of The Issue
| Objects of the Issue | Estimated Amount (in โน Crore) |
|---|---|
| Funding capital expenditure for setting up a new manufacturing facility at Kharagpur, West Bengal | โน18.00 Cr |
| Funding working capital requirements | โน8.00 Cr |
| General corporate purposes | โน4.80 Cr |
| Issue related expenses | โน1.80 Cr |

Rama Telecom IPO Peer Comparison
| Company | Face Value (โน) | EPS (โน) | P/E | RoNW (%) | NAV (โน) |
|---|---|---|---|---|---|
| Rama Telecom Ltd | 10 | 2.61 | 26.05 โ 26.82 | 26.35% | โน9.90 |
| Dynacons Systems & Solutions Ltd | 10 | 32.89 | 30.59 | 30.85% | โน106.56 |
| ITI Ltd | 10 | 2.20 | 94.23 | 1.94% | โน113.31 |
โ Strengths
- Experienced promoters and management team
- Reputed and diversified client base
- Specialization in OFC and HDD technologies
- Strong partnerships with OEMs like Nokia, D-Link, and Exide
- End-to-end telecom project execution capability
- Presence across multiple Indian states
โ ๏ธRisks
- High dependence on limited key clients
- Project delays and order book volatility
- Working capital-intensive operations
- Intense industry competition
- Execution risks in turnkey projects
- Exposure to regulatory and policy changes
Rama Telecom IPO Promoter Holding
| Pre Issue Share Holding | 98.98% |
| Post Issue Share Holding | -% |
Rama Telecom IPO Prospectus
Company Contact Information
| Rama Telecom Limited Kamalalaya Centre 156A Lenin Sarani, Room No-302, 3rd Floor, Kolkata,ย West Bengal, 700013 Phone:ย +91 62909 52944 Email:ย cs@ramatelecom.net Website:ย https://ramatelecom.net/ |
Rama Telecom IPO Registrar
| Cameo Corporate Services Limited Phone:ย +91-44-28460390 Email:ย investor@cameoindia.com Website:ย https://ipo.cameoindia.com/ |
Rama Telecom IPO Lead Manager(s)
| 1. Affinity Global Capital Market Private Limited |
Rama Telecom IPO FAQ

| What is Rama Telecom IPO? Rama Telecom IPOย is a SME IPO. The issue isย priced atย โน65 to โน68ย per equity share. The IPO is to beย listed on NSE SME. |
| When Rama Telecom IPOย will open? The IPO is to open onย 25 June 2025ย for QIB, NII, and Retail Investors. |
| What is Rama Telecom IPO Investors Portion? The investorsโ portion forย QIBย โย 35%,ย NIIย โย 15%, andย Retailย โย 50%. |
| How to Apply the Rama Telecom IPO? You can apply Rama Telecom IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Rama Telecom IPO through Angle One? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name โRama Telecom IPOโ. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Angle One. |
| How to Apply the Rama Telecom IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name โRama Telecom IPOโ. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the Rama Telecom IPO through Upstox? Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name โRama Telecom IPOโ. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox. |
| How to Apply the Rama Telecom IPO through IIFL? Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name โRama Telecom IPOโ. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with IIFL. |
| What isย Rama Telecom IPOย Size? Rama Telecom IPOย size isย โน25.13 Crore. |
| What is theย Rama Telecom IPOย Price Band? Rama Telecom IPOย Price Band isย โน65 to โน68. |
| What isย Rama Telecom IPOย Minimum and Maximum Lot Size for Retail? The minimum bid isย 2000 Sharesย withย โน1,36,000ย amount while the maximum bid isย 2000ย Sharesย withย โน1,36,000. |
| What is theย Rama Telecom IPOย Allotment Date? Rama Telecom IPOย allotment date isย 30 June 2025. |
| What is the Rama Telecom IPOย Listing Date? Rama Telecom IPOย listing date isย 02 July 2025. The IPO is to be listed on the NSE SME. |



