Prime Cable Industries IPO
GMP, Subscription, Price, Dates & Financial Details
Prime Cable Industries LimitedIncorporated 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…
Open Date
Mon, 22 Sep 2025
Close Date
Wed, 24 Sep 2025
Price Band
₹ 78 – 83
Lot Size
1600
Issue Size
₹ 40.01 Cr
Minimum Investment
₹ 265,600 (3200 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Prime Cable Industries IPO has successfully completed its IPO process and is now listed on NSE SME Platform. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹40.01 Crore, comprising a fresh issue of 39.78 Lakh equity shares aggregating to ₹33.01 Crore and an offer for sale (OFS) of 6.02 Lakh equity shares aggregating to ₹4.99 Crore by the existing shareholders.
The Prime Cable Industries IPO remained open for subscription from September 22, 2025, to September 24, 2025. The basis of allotment was finalized on September 25, 2025, and the company's shares were listed on NSE SME Platform on September 29, 2025.
The company had fixed the price band at ₹78 to ₹83 per share, with a lot size of 1600 shares. Retail investors were required to make a minimum investment of ₹265,600 (based on the upper price band) to apply for one lot.
Skyline Financial Services Private Ltd served as the registrar to the issue. Indorient Financial Services Ltd acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, Prime Cable Industries Limited is now a publicly listed company on NSE SME Platform. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
Prime Cable Industries IPO Timeline (Tentative)
- IPO Open Date
- Mon, 22 Sep 25
- IPO Close Date
- Wed, 24 Sep 25
- Basis of Allotment
- Thu, 25 Sep 25
- Initiation of Refunds
- Fri, 26 Sep 25
- Credit of Shares to Demat
- Fri, 26 Sep 25
- Listing Date
- Mon, 29 Sep 25 — NSE & BSE
Open Date
22 September 2025
Close Date
24 September 2025
Basis Of Allotment
25 September 2025
Listing Date
29 September 2025
IPO Subscription
Check Live Subscription →The Prime Cable Industries IPO has received bids for 2,68,06,400 shares against 32,06,400 shares offered, resulting in an overall subscription of 8.36x. the NII category is subscribed 9.73x, Retail Investors 6.89x, and QIBs 9.91x. Within the NII category, BNII is subscribed 11.02x, while SNII is subscribed 7.15x.
QIB
9.91x
NII
9.73x
BNII
11.02x
SNII
7.15x
RII
6.89x
Total
8.36x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 16,03,200 shares, representing 50% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 9,15,200 shares (28.54%), while Non-Institutional Investors (NIIs) receive 6,88,000 shares (21.46%).
| Category | Shares Offered | Shares Offered % |
|---|---|---|
| Qualified Institutions | 915,200 | 28.54% |
| Non-Institutional | 688,000 | 21.46% |
| BNII | 459,200 | 14.32% |
| SNII | 228,800 | 7.14% |
| Retail Investors | 1,603,200 | 50% |
| Total | 3,206,400 | 100% |
Financials Details(₹ 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 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Prime Cable Industries Limited KPI Information
| Particular | KPI as of Mon, Mar 31, 2025 | Mar 2024 | Mar 2023 |
|---|---|---|---|
| ROCE % | 25.96 | 10.61 | 8.43 |
| Debt / Equity | 2.63 | 4.61 | 4.28 |
| RoNW % | 69.16 | 28.87 | 2.33 |
| Pat Margin % | 5.32 | 2.16 | 0.17 |
Peers Comparison
No Peer Comparision Available
About Prime Cable Industries Limited
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.
Prime Cable Industries IPO 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%
Prime Cable Industries IPO Objective
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
Prime Cable Industries Limited Address / Contact Details
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
Prime Cable Industries IPO Lot Size
The Prime Cable Industries IPO has a lot size of 1,600 shares. Retail investors require a minimum investment of ₹2,65,600 by applying for 2 lot (3,200 shares). The maximum application allowed for the retail category is 2 lots (3,200 shares), requiring an investment of ₹2,65,600.
| 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 |
Issue Reservation
- QIB — 28.54%
- NII — 21.46%
- RII — 50%
Book Running Lead Managers
- Indorient Financial Services Ltd
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Prime Cable Industries IPO?
Prime Cable Industries IPO is a Book-building IPO with a total issue size of ₹40.01 crore. The Prime Cable Industries IPO price band is ₹78 to 83 per share. The Prime Cable Industries IPO subscription opens on Mon, Sep 22, 2025, and closes on Wed, Sep 24, 2025. The Prime Cable Industries IPO will be listed on the NSE. Skyline Financial Services Private Ltd is the registrar for the Prime Cable Industries IPO.
When will the Prime Cable Industries IPO open for subscription?
The Prime Cable Industries IPO opens on Mon, Sep 22, 2025 and closes on Wed, Sep 24, 2025
What is Prime Cable Industries IPO Price Band?
Prime Cable Industries IPO Price Band is ₹78 to 83 per share.
What is Prime Cable Industries IPO Lot Size?
Prime Cable Industries IPO lot size is 1600 shares, Retail investors need a minimum investment of ₹265600 based on the upper price band
What is the minimum investment for Prime Cable Industries IPO?
The minimum investment for Prime Cable Industries IPO is ₹265600, based on one lot of 1600 shares at the upper price band of ₹83 per share.
How to apply for Prime Cable Industries IPO?
Investors can apply for the Prime Cable Industries IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Wed, Sep 24, 2025. The application amount remains blocked until the Prime Cable Industries IPO allotment is finalized.
What is Prime Cable Industries IPO Issue Size?
Prime Cable Industries IPO issue size is ₹40.01 crores.
What is the Prime Cable Industries IPO Allotment Date?
Prime Cable Industries IPO allotment date is Thu, Sep 25, 2025.
Who is the Prime Cable Industries IPO Registrar?
The registrar for Prime Cable Industries IPO is Skyline Financial Services Private Ltd. Investors can go to Skyline Financial Services Private Ltd website to check Prime Cable Industries IPO allotment status, refund processing, and other IPO-related information.
What is the Prime Cable Industries IPO GMP?
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 -2.41% over the issue price.
Who is the Prime Cable Industries IPO Lead Manager?
The book-running lead managers (BRLMs) for the Prime Cable Industries IPO are Indorient Financial Services Ltd. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Prime Cable Industries IPO Red Herring Prospectus (RHP).