Rama Telecom Ltd IPORTL

The IPO opens on 25 Jun 2025 & closes on 27 Jun 2025.

Rama Telecom Limited was originally incorporated on July 12, 2004 at Kolkata, West Bengal as a Private Limited Company in the name and style of 'Rama Telecom Private Limited' vide Certificate of Incorporation issued by the Registrar of Companies, Kolkata. Further, Company was converted into a Public Limited Company and the name was changed from 'Rama Telecom Private Limited' to 'Rama Telecom Limited' and a fresh Certificate of Incorporation dated November 25, 2024 pursuant to conversion from Private Limited to Public Limited Company was issued by the Registrar of Companies, Central Registration Centre. Company expertise in optical fiber cable solutions, providing end to end customized networking solutions in the telecom and datacom forefront. It provide the business in Trading & lnstallation Works of Contractors. The Company received the first railway project worth Rs 0.18 Cr in New Bongaigaon- Alipurduar in year 2007. It completed execution of 20 kms of trenching/ HDPE Laying/ Copper & Fiber jointing/ Termination etc worth Rs. 0.50 Cr in Kolkata in 2008; completed 1.90 Cr project work in New Jalpaiguri in 2011.; completed 110km of HDPE duct/ laying/ termination etc in 2012; completed the railway project worth Rs. 5.47 Cr in Section Lumding-Chandranathpur in 2015; commissioned and installed overhead OFC cable jointing, termination, testing and commissioning in difficult alignment and non-availability of site for underground cable laying worth Rs. 5.51 Cr of Lumding- Silchar Section in 2016; executed the replacement of UTN Datacom equipment in Tinsukia Division amounting to Rs 2.09 Cr in 2019. Company launched the IPO of 36,96,000 fresh issue of equity shares, having the face value of Rs 10 each by raising funds aggregating to Rs 25.13 Crore in June, 2025.

Rama Telecom Ltd IPO will close on 27 Jun 2025.

<ul><li>Experience of its Promoters and senior management team.</li><li>Quality assurance.</li><li>Efficient Inventory Management.</li><li>Safety, Security and Surveillance Systems.</li></ul>

<table class="table"> <thead> <tr> <th>S.No</th> <th>Promoters Name</th> <th>Pre Issue Shares</th> <th>Pre Issue Percentage</th> <th>Post Issue Shares</th> <th>Post Issue Percentage</th> </tr> </thead> <tbody> <tr> <td>1</td> <td>Rama Kant Lakhotia</td> <td>2366335</td> <td>24.9</td> <td>2366335</td> <td>17.93</td> </tr> <tr> <td>2</td> <td>Simran Lakhotia</td> <td>1523522</td> <td>16.03</td> <td>1523522</td> <td>11.54</td> </tr> <tr> <td>3</td> <td>Neena Lakhotia</td> <td>2865937</td> <td>30.16</td> <td>2865937</td> <td>21.71</td> </tr> <tr> <td>4</td> <td>Nikita Lakhotia</td> <td>1520355</td> <td>16</td> <td>1520355</td> <td>11.52</td> </tr> <tr> <td>5</td> <td>Shree Kant Lakhotia</td> <td>566400</td> <td>5.96</td> <td>566400</td> <td>4.29</td> </tr> <tr> <td>6</td> <td>Vishal Lakhotia</td> <td>566400</td> <td>5.96</td> <td>566400</td> <td>4.29</td> </tr> </tbody> </table>

<ul><li>The company business is substantially dependent on certain key customers, from whom the company derives a significant portion of its revenues. The loss of any significant customer may have a material and adverse effect on the company business and results of operations.</li><li>The company is highly dependent on its suppliers for uninterrupted supply of Raw-Materials. Any shortfall in the supply of the company raw materials, or an increase in its raw material costs and other input costs, may adversely affect the pricing and supply of the company products with subsequently having an adverse effect on the business, results of operations and financial conditions of the company.</li><li>The company has experienced negative cash flows from operating activities in previous fiscals and cannot assure you that the company will not experience negative cash flows in future periods. Negative cash flows may adversely affect its financial condition, results of operations and prospects.</li><li>The company has certain contingent liabilities that have not been provided for in the Company's financials which if materialized, could adversely affect its financial condition.</li><li>There are outstanding legal proceedings involving the Company, its Directors, and the company Promoters. Any adverse decisions could impact its cashflows and profit or loss to the extent of demand amount, interest and penalty, divert management time and attention and have an adverse effect on its business, prospects, results of operations and financial condition.</li><li>The Company has delayed litigations of direct and indirect taxes in the past. This may materially adversely affect its business operations in the future.</li><li>The Company has delayed payment of Government dues. This may materially adversely affect its business operations in the future.</li><li>The Company operations require significant amount of working capital for a continuing growth. Its inability to meet the company working capital requirements may adversely affect its results of operations.</li><li>Its operational performance is vulnerable to adverse weather conditions, which could impede its ability to achieve or maintain profitability. Such challenges could adversely impact its business, particularly concerning the deployment of cables.</li><li>Its cost of production is exposed to fluctuations in the prices of the company goods purchased.</li><li>The company's financial health and prospects could face significant challenges if the company is unable to secure new vendor projects or explore fresh routes for expanding its optical fiber cable networks.</li><li>Its industry is labour intensive, and the company business operations may be materially adversely affected by strikes, work stoppages or increased wage demands by its employees or those of the company suppliers.</li><li>Its lenders have charge over the company movable and immovable properties in respect of finance availed by it. Some charges are due to be filed by company.</li><li>Delays in meeting project deadlines can result in financial penalties as stipulated in contracts, potentially harming revenue and client relationships.</li><li>The company has in the past entered into related party transactions and may continue to do so in the future.</li><li>The company derives a significant portion of its revenue from government contracts for which the company deposit a certain amount as Earnest Money Deposit (EMD) and Security Deposit . The contracts are prone to delays and longer working capital cycles, which could in turn adversely affect its business and results of operations.</li><li>Trade Receivables forms a major part of its current assets. Failures to manage the company trade receivables could have an adverse effect on its sales, profitability, cash flow and liquidity.</li><li>Its Tax Auditors in the past has issued certain qualifications with respect to deduction of TDS for contractor payments.</li><li>The company has taken guarantees from Promoters and members of Promoter Group in relation to debt facilities provided to it.</li><li>The company has availed certain loans from various body corporates which may be recalled at any time.</li><li>The Objects of the Offer for which funds are being raised have not been appraised by any bank or financial institution.</li><li>There is no monitoring agency appointed by the Company and the deployment of funds are at the discretion of its Management and the company Board of Directors, though it shall be monitored by the Audit Committee.</li><li>Its operations are subject to physical hazards and similar risks that could expose it to material liabilities, loss in revenues and increased expenses.</li><li>Technology failures or Cyber-attacks or other security breaches could have a material adverse effect on its business, results of operation or financial condition.</li><li>Unpredictable price variations changes may complicate financial planning and pricing strategies, potentially leading to inconsistent profit levels.</li><li>Liquid damage can lead to costly repairs, operational downtime, and inventory loss, disrupting business operations.</li><li>Its ability to pay any dividends will depends upon future earnings, financial condition, cash flows, working capital requirements and capital expenditures.</li><li>The business depends on the company Senior Management. Any change in its Senior Management may affect the company business growth.</li><li>Any legal and regulatory changes in the future could have a negative impact on the Issuer's results of operations and financial condition.</li><li>There has been instances in the past where the Company failed to file statutory forms with the ROC, in compliance Act, 2013/1956.</li></ul>

The Issue type of Rama Telecom Ltd is Book Building - SME.

The minimum application for shares of Rama Telecom Ltd is 2000.

The total shares issue of Rama Telecom Ltd is 3696000.

Initial public offer of upto 36,96,000 equity shares of face value of Rs. 10/- each ("Equity Shares") of Rama Telecom Limited ("the Company") for cash at a price of Rs. 68 per equity share (including Share Premium of Rs. 58 per Equity Share) ("Offer Price"), aggregating up to Rs. 25.13 crores comprising a fresh issue of up to 36,96,000 equity shares aggregating up to Rs. 25.13 crores by the company ("Fresh Offer") of which upto 1,86,000 equity shares aggregating to Rs. 1.26 crores will be reserved for subscription by market maker to the offer (the "Market Maker Reservation Portion"). The offer less market maker reservation portion i.e., net offer of upto 35,10,000 equity shares at an offer price of Rs. 68 per equity share aggregating to Rs. 23.87 crores is hereinafter referred to as the "Net Offer". The offer and the net offer will constitute 28 % and 26.59 %, respectively of the post offer paid up equity share capital of the company.