Comparison between Prime Cable Industries IPO and Workmates Core2Cloud IPO.
Prime Cable Industries IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Workmates Core2Cloud IPO is a SME Bookbuilding proposed to list at BSE SME.
| Prime Cable Industries IPO | Workmates Core2Cloud IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Indorient Financial Services Ltd. | Horizon Management Pvt.Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | MUFG Intime India Pvt.Ltd. |
| Market Maker | Alacrity Securities Ltd. | Giriraj Stock Broking Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | Anchor Investor |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Prime Cable Industries IPO is up to ₹38.03 Cr whereas the issue size of the Workmates Core2Cloud IPO is up to ₹66.34 Cr. The final issue price of Prime Cable Industries IPO is ₹83.00 per share and of Workmates Core2Cloud IPO is ₹204.00 per share.
| Prime Cable Industries IPO | Workmates Core2Cloud IPO | |
|---|---|---|
| Face Value | ₹5 per share | ₹10 per share |
| Issue Price (Lower) | ₹78.00 per share | ₹200.00 per share |
| Issue Price (Upper) | ₹83.00 per share | ₹204.00 per share |
| Issue Price (Final) | ₹83.00 per share | ₹204.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 1600 shares | 600 shares |
| Fresh Issue Size | 39,80,800 shares | 27,37,200 shares |
| Fresh Issue Size (Amount) | up to ₹33.04 Cr | up to ₹55.84 Cr |
| OFS Issue Size | 6,01,600 shares | 5,14,800 shares |
| OFS Issue Size (Amount) | up to ₹4.99 Cr | up to ₹10.50 Cr |
| Issue Size Total | 45,82,400 shares | 32,52,000 shares |
| Issue Size Total (Amount) | up to ₹38.03 Cr | up to ₹66.34 Cr |
Prime Cable Industries IPO opens on Sep 22, 2025, while Workmates Core2Cloud IPO opens on Nov 11, 2025. The closing date of Prime Cable Industries IPO and Workmates Core2Cloud IPO is Sep 24, 2025, and Nov 13, 2025, respectively.
| Prime Cable Industries IPO | Workmates Core2Cloud IPO | |
|---|---|---|
| Anchor Bid Date | Sep 19, 2025 | Nov 10, 2025 |
| Issue Open | Sep 22, 2025 | Nov 11, 2025 |
| Issue Close | Sep 24, 2025 | Nov 13, 2025 |
| Basis Of Allotment (Tentative) | Sep 25, 2025 | Nov 14, 2025 |
| Initiation of Refunds (Tentative) | Sep 26, 2025 | Nov 17, 2025 |
| Credit of Share (Tentative) | Sep 26, 2025 | Nov 17, 2025 |
| Listing date (Tentative) | Sep 29, 2025 | Nov 18, 2025 |
| Anchor Lockin End date 1 | Oct 25, 2025 | Dec 13, 2025 |
| Anchor Lockin End date 2 | Dec 24, 2025 | Feb 11, 2026 |
Prime Cable Industries IPO P/E ratio is 15.6, as compared to Workmates Core2Cloud IPO P/E ratio of 14.66.
| Prime Cable Industries IPO | Workmates Core2Cloud IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)Prime Cable Industries Ltd.'s revenue increased by 71% and profit after tax (PAT) rose by 319% between the financial year ending with March 31, 2025 and March 31, 2024.
| Company Financials (Restated Consolidated)Workmates Core2Cloud Solution Ltd.'s revenue increased by 102% and profit after tax (PAT) rose by 160% between the financial year ending with March 31, 2025 and March 31, 2024.
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| Promoter Shareholding (Pre-Issue) | 92.93 | 98.1 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 68.24 | 72.02 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 15.6 | 14.66 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹152.06 Cr. | ₹263.54 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 67.44% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 25.96% | 64.61% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 2.63 | 0.38 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹5.32 | ₹13.91 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 69.16% | 60.85% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Prime Cable Industries IPO Retail Individual Investors (RII) are offered 16,06,400 shares while in Workmates Core2Cloud IPO retail investors are offered 16,06,400 shares. Qualified Institutional Buyers (QIB) are offered 9,15,200 shares in Prime Cable Industries IPO and 6,62,400 shares in Workmates Core2Cloud IPO.
| Prime Cable Industries IPO | Workmates Core2Cloud IPO | |
|---|---|---|
| Anchor Investor Reservation | 13,72,800 shares | 9,60,000 shares |
| Market Maker Reservation | 2,41,600 shares | 1,71,600 shares |
| QIB | 9,15,200 shares | 6,62,400 shares |
| NII | 6,88,000 shares | 4,89,600 shares |
| RII | 16,06,400 shares | 11,40,000 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 45,82,400 shares | 32,52,000 shares |
Prime Cable Industries IPO subscribed 8.28x in total, whereas Workmates Core2Cloud IPO subscribed 141.38x.
| Prime Cable Industries IPO | Workmates Core2Cloud IPO | |
|---|---|---|
| QIB (times) | 9.91x | 147.03x |
| NII (times) | 9.38x | 202.96x |
| Big NII (times) | 10.49x | 244.88x |
| Small NII (times) | 7.15x | 119.11x |
| RII (times) | 6.89x | 111.64x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 8.28x | 141.38x |
