Prime Cable Industries IPO
Open SmeCurrent GMP
₹-2 (-2.41%)
Price Band
₹ 78 – 83
Lot Size
1600
Issue Size
₹40.01 Cr
Minimum Investment
₹265600 (3200 Shares)
Listing Date
29 September 2025
Subscription
8.36x
About the Company
Prime Cable Industries Limited
Incorporated in 1997 as a proprietorship firm, Prime Cable Industries Limited is an established Indian cable manufacturing company, engaged in producing a wide range of wires and cables under the brand names “PRIMECAB” and “RENUFO.” Over the years, the company has expanded its presence across multiple industries, catering to the needs of power generation, transmission & distribution, oil & gas, mining, steel, real estate, and other sectors.
The company specializes in manufacturing and supplying a diverse portfolio of ISI-marked, quality-certified products, including:
- LT PVC/XLPE Power Cables
- Control Cables
- Aerial Bunched (AB) Cables
- Communication Cables
With a strong focus on maintaining quality and industry standards, Prime Cable Industries Limited has built a reputation as a reliable solutions provider in the Indian cable industry.
As of April 30, 2025, the company employs 144 people across various departments, supporting its manufacturing, quality assurance, and business operations.
Promoters
- Purshotam Singla
- Vijay Lakshmi Singla
- Nikunj Singla
- Naman Singla
- Shreya Jhalani Singla
Promoters Holding
Holding Pre Issue
92.92%
Holding Post Issue
68.24%
Objects of the Issue
The Company Prime Cable Industries IPO proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Capital Expenditure towards the civil construction and purchase of the additional plant and machinery
- Repayment of the term loan of certain debt facilities
- Working Capital Requirement
- General Corporate Purposes
Address / Contact Info
Prime Cable Industries Ltd.
Flat No 249 Ground Floor
KD Block Pitampura,
Rani Bagh,
North West Delhi, New Delhi, 110034
Phone: 011-45611750
Email: compliance@primecabindia.com
Website: https://www.primecabindia.com/
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Monday, 22 September 2025
IPO Close Date
Wednesday, 24 September 2025
Basis of Allotment
Thursday, 25 September 2025
Initiation of Refunds
Friday, 26 September 2025
Credit of Shares to Demat
Friday, 26 September 2025
Listing Date
Monday, 29 September 2025 — NSE & BSE
Important Dates
Open Date
22 September 2025
Close Date
24 September 2025
Basis Of Allotment
25 September 2025
Listing Date
29 September 2025
Financial Performance (₹ in Crores)
| Particular | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 92.08 | 48.59 | 39.21 | 31.3 |
| Revenue | 141.1 | 82.74 | 73.73 | 53.7 |
| Profit After Tax | 7.5 | 1.79 | 0.12 | 0.48 |
| Net Worth | 14.6 | 7.1 | 5.31 | 5.19 |
| Reserve & Surplus | 7.73 | 6.47 | 4.68 | 4.56 |
| Total Borrowings | 38.43 | 32.71 | 22.74 | 16.43 |
EPS Pre
5.32%
EPS Post
4.10%
P/E Pre
15.60
P/E (Post Issue)
20.26x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | KPI as of Mon, Mar 31, 2025 | Mar 2024 | Mar 2023 |
|---|---|---|---|
| ROE % | 0 | 0 | 0 |
| ROCE % | 25.96 | 10.61 | 8.43 |
| Debt / Equity | 2.63 | 4.61 | 4.28 |
| RoNW % | 69.16 | 28.87 | 2.33 |
| PbW | 0 | 0 | 0 |
| Pat Margin % | 5.32 | 2.16 | 0.17 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Qualified Institutions | 915200 | 28.54 | 0 |
| Non-Institutional | 688000 | 21.46 | 0 |
| BNII | 459200 | 14.32 | 0 |
| SNII | 228800 | 7.14 | 0 |
| Retail Investors | 1603200 | 50 | 0 |
| Total | 3206400 | 100 | 0 |
Subscription Status ( Wed, 24 Sep 25 01:54 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 915200 | 9068800 | 9.91x |
| Non-Institutional | 688000 | 6694400 | 9.73x |
| BNII | 459200 | 5059200 | 11.02x |
| SNII | 228800 | 1635200 | 7.15x |
| Retail Investors | 1603200 | 11043200 | 6.89x |
| Total | 3206400 | 26806400 | 8.36x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Peer Comparision
No Peer Comparision Available
Lot Size & Investment Details
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 3,200 | 265,600.00 |
| Retail (Max) | 2 | 3,200 | 265,600.00 |
| S-HNI (Min) | 3 | 4,800 | 398,400.00 |
| S-HNI (Max) | 7 | 11,200 | 929,600.00 |
| B-HNI (Min) | 8 | 12,800 | 1,062,400.00 |
Registrar
Skyline Financial Services Private Ltd
02228511022
info@skylinerta.com
https://www.skylinerta.com
Book Running Lead Managers
- Indorient Financial Services Ltd
RHP Document
DRHP Document
Anchor Investors
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Prime Cable Industries IPO is a Book-building IPO worth ₹40.01 crores. The price band is ₹78 to 83 per share. The IPO opens on Mon, Sep 22, 2025 and closes on Wed, Sep 24, 2025. It will be listed on BSE and NSE. Skyline Financial Services Private Ltd is the registrar.
The Prime Cable Industries IPO opens on Mon, Sep 22, 2025 and closes on Wed, Sep 24, 2025
Prime Cable Industries IPO Price Band is ₹78 to 83.
Prime Cable Industries IPO lot size is 1600, and the minimum amount required for application is ₹265600.
The minimum investment for Prime Cable Industries IPO is approximately ₹265600 based on the upper price band.
To apply for the Prime Cable Industries IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Wed, Sep 24, 2025. After submission, funds are blocked until the basis of allotment of Prime Cable Industries IPO is finalised.
Prime Cable Industries IPO issue size is ₹40.01 crores.
Prime Cable Industries IPO allotment date is Sat, Jun 27, 2026.
The registrar for Prime Cable Industries IPO is Skyline Financial Services Private Ltd. Investors can go to Skyline Financial Services Private Ltd website for IPO allotment status, refund processing, and other queries related to Prime Cable Industries IPO through their official website or helpline.
The Prime Cable Industries IPO GMP (Grey Market Premium) is ₹-2 as of Mon, Sep 29, 2025. Based on the upper price band of ₹83 per share, the estimated Prime Cable Industries IPO listing price is ₹81, indicating a potential listing gain of approximately 31% over the issue price.