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Prime Cable Industries Ltd. IPO is a book build issue of ₹40.04 crores. The issue is a combination of fresh issue of 0.42 crore shares aggregating to ₹35.05 crores and offer for sale of 0.06 crore shares aggregating to ₹4.99 crores.
Prime Cable Industries IPO bidding started from Sep 22, 2025 and ended on Sep 24, 2025. The allotment for Prime Cable Industries IPO was finalized on Sep 25, 2025. The shares got listed on NSE SME on Sep 29, 2025.
Prime Cable Industries IPO price band is set at ₹83.00 per share . The lot size for an application is 1,600. The minimum amount of investment required by an individual investor (retail) is ₹2,65,600.00 (3,200 shares) (based on upper price). The minimum lot size investment for HNI is 3 lots (4,800 shares), amounting to ₹3,98,400.
Indorient Financial Services Ltd. is the book running lead manager and Skyline Financial Services Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Alacrity Securities Ltd..
Refer to Prime Cable Industries IPO RHP for detailed Information.
| IPO Date | September 22, 2025 to September 24, 2025 |
| Listing Date | September 29, 2025 |
| Face Value | ₹5 per share |
| Issue Price Band | ₹78 to ₹83 per share |
| Issue Price Final | ₹83 per share |
| Lot Size | 1,600 Shares |
| Sale Type | Fresh Capital-cum-Offer for Sale |
| Total Issue Size | 48,24,000 shares (aggregating up to ₹40.04 Cr) |
| Reserved for Market Maker | 2,41,600 shares Alacrity Securities Ltd. (aggregating up to ₹2.01 Cr) |
| Fresh Issue (Ex Market Maker) | 39,80,800 shares (aggregating up to ₹33.04 Cr) |
| Offer for Sale | 6,01,600 shares of ₹5 (aggregating up to ₹4.99 Cr) |
| Net Offered to Public | 45,82,400 shares (aggregating up to ₹38.03 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 1,41,01,660 shares |
| Share Holding Post Issue | 1,83,24,060 shares |
Prime Cable Industries IPO offers total 48,24,000 shares. Out of which 22,88,000 (47.43%) allocated to QIB, 9,15,200 (18.97%) allocated to QIB (Ex- Anchor), 6,88,000 (14.26%) allocated to NII 16,06,400 (33.30%) allocated to RII and 13,72,800 (28.46%) allocated to Anchor investors.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 2,41,600 (5.01%) |
| QIB Shares Offered | 22,88,000 (47.43%) |
| − Anchor Investor Shares Offered | 13,72,800 (28.46%) |
| − QIB (Ex. Anchor) Shares Offered | 9,15,200 (18.97%) |
| NII (HNI) Shares Offered | 6,88,000 (14.26%) |
| − bNII > ₹10L | 4,59,200 (9.52%) |
| − sNII < ₹10L | 2,28,800 (4.74%) |
| Retail Shares Offered | 16,06,400 (33.30%) |
| Total Shares Offered | 48,24,000 (100.00%) |
Prime Cable Industries IPO raises ₹11.39 crore from anchor investors. Prime Cable Industries IPO Anchor bid date is September 19, 2025. Prime Cable Industries IPO Anchor Investors list
| Bid Date | September 19, 2025 |
| Shares Offered | 13,72,800 |
| Anchor Portion Size (In Cr.) | 11.39 |
| Anchor lock-in period end date for 50% shares (30 Days) | October 25, 2025 |
| Anchor lock-in period end date for remaining shares (90 Days) | December 24, 2025 |
Prime Cable Industries IPO opens on September 22, 2025, and closes on September 24, 2025.
| IPO Open Date | Mon, Sep 22, 2025 |
| IPO Close Date | Wed, Sep 24, 2025 |
| Tentative Allotment | Thu, Sep 25, 2025 |
| Initiation of Refunds | Fri, Sep 26, 2025 |
| Credit of Shares to Demat | Fri, Sep 26, 2025 |
| Tentative Listing Date | Mon, Sep 29, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on Wed, Sep 24, 2025 |
Investors can bid for a minimum of 3,200 shares and in multiples of 1,600 shares thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 3,200 | ₹2,65,600 |
| Individual investors (Retail) (Max) | 2 | 3,200 | ₹2,65,600 |
| S-HNI (Min) | 3 | 4,800 | ₹3,98,400 |
| S-HNI (Max) | 7 | 11,200 | ₹9,29,600 |
| B-HNI (Min) | 8 | 12,800 | ₹10,62,400 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Prime Cable Industries Limited is an Indian cable manufacturing company known for producing a wide range of wires and cables, including LT PVC/XLPE Power, Control, and AB Cables, under the brand names "PRIMECAB" and "RENUFO. The company was established in 1997 as a proprietorship firm and has since grown to serve various industries, including power generation, transmission & distribution, oil & gas, and more. They focus on ISI-marked, quality-certified products.
The company manufactures and supplies a diverse range of cables, including control, power, aerial bunched, and communication cables.
The company serves various industries, including power, oil & gas, mining, steel, and real estate.
The company's products are ISI-marked (Indian Standards Institute) quality cables and wires.
As of April 30, 2025, the company had 144 employees in various departments.
Competitive Strength:
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.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 92.08 | 48.44 | 39.09 |
| Total Income | 141.10 | 82.74 | 73.73 |
| Profit After Tax | 7.50 | 1.79 | 0.12 |
| EBITDA | 14.71 | 4.59 | 2.75 |
| NET Worth | 14.60 | 7.10 | 5.31 |
| Reserves and Surplus | 7.73 | 6.47 | 4.68 |
| Total Borrowing | 38.43 | 32.71 | 22.74 |
| Amount in ₹ Crore | |||
KPI as of Mon, Mar 31, 2025.
| KPI | Values |
|---|---|
| ROCE | 25.96% |
| Debt/Equity | 2.63 |
| RoNW | 69.16% |
| PAT Margin | 5.32% |
| EBITDA Margin | 10.43% |
| Price to Book Value | 7.81 |
| Market Capitalization | 152.06 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS Rs | 5.32 | 4.10 |
| P/E (x) | 15.6 | 20.26 |
The Company Prime Cable Industries IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (₹ in crores) |
|---|---|---|
| 1 | Capital Expenditure toward of the civil construction and purchase of the plant and machinery | 14.46 |
| 2 | Repayment of the Term loan of the certain debt Facilities | 4.48 |
| 3 | Working Capital Requirement | 7.05 |
| 4 | General Corporate Purposes | 4.93 |
[Dilip Davda] PCIL is engaged in the manufacturing and marketing of cables and wires under its own brand names i.e., “PRIMECAB” and “RENUFO”. The company marked growth in its top and bottom lines, but quantum jump in its bottom line in a pre-IPO year appears to be a window dressing to fetch fancy valuations. It is operating in a highly competitive and fragmented segment. Small paid-up capital post-IPO indicates longer gestation period. Only well-informed/cash surplus/risk seekers may park moderate funds for medium term. Read detail review...
| Listing Date | September 29, 2025 |
| BSE Script Code | |
| NSE Symbol | PRIMECAB |
| ISIN | INE0CQA01020 |
| Final Issue Price | ₹83 per share |
| NSE Listing Group | ST (Trade to Trade) |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹83.00 |
| Open | ₹81.00 |
| Low | ₹76.95 |
| High | ₹81.00 |
| Last Trade | ₹78.30 |
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/
Skyline Financial Services Pvt.Ltd.
Phone: 02228511022
Email: ipo@skylinerta.com
Website: https://www.skylinerta.com/ipo.php
Prime Cable Industries IPO is a SME IPO of 48,24,000 equity shares of the face value of ₹5 aggregating up to ₹40.04 Crores. The issue is priced at ₹83 per share. The minimum order quantity is 1600.
The IPO opens on September 22, 2025, and closes on September 24, 2025.
Skyline Financial Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Prime Cable Industries IPO using UPI as a payment gateway. Zerodha customers can apply in Prime Cable Industries IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Prime Cable Industries IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Prime Cable Industries IPO opens on September 22, 2025 and closes on September 24, 2025.
Prime Cable Industries IPO lot size is 1600, and the minimum amount required for application is ₹2,65,600, with 2 lots being the minimum application size.
You can apply in Prime Cable Industries IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Prime Cable Industries IPO will be done on Thursday, September 25, 2025, and the allotted shares will be credited to your demat account by Friday, September 26, 2025. Check the Prime Cable Industries IPO allotment status.
The Prime Cable Industries IPO listing date is on Monday, September 29, 2025.
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