Bookbuilding IPO | ₹40 Cr | Listed at NSE SME | Mon, Sep 22, 2025 - Wed, Sep 24, 2025
Prime Cable Industries 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 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 (3,200 shares) (based on upper price). The minimum lot size for investment in 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 Open
Mon, Sep 22, 2025
IPO Close
Wed, Sep 24, 2025
Issue Price
₹83 per share
Market Cap (Pre-IPO)
₹152.06 Cr
| IPO Date | 22 to 24 Sep, 2025 |
| Listed on | Mon, Sep 29, 2025 |
| Face Value | ₹5 per share |
| Price Band | ₹78 to ₹83 |
| Issue Price | ₹83 per share |
| Lot Size | 1,600 Shares |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Total Issue Size | 48,24,000 shares (agg. up to ₹40 Cr) |
| Reserved for Market Maker | 2,41,600 shares Alacrity Securities Ltd. (agg. up to ₹2 Cr) |
| Fresh Issue (Ex Market Maker) | 39,80,800 shares (agg. up to ₹33 Cr) |
| Offer for Sale | 6,01,600 shares of ₹5 (agg. up to ₹5 Cr) |
| Net Offered to Public | 45,82,400 shares (agg. up to ₹38 Cr) |
| Share Holding Pre Issue | 1,41,01,660 shares |
| Share Holding Post Issue | 1,83,24,060 shares |
| NSE Symbol | PRIMECAB |
| ISIN | INE0CQA01020 |
Prime Cable Industries IPO comprises a total issue size of 48,24,000 shares. The net offer to the public is 45,82,400 shares, after excluding 2,41,600 shares allotted on a firm basis. Of the Net offer 22,88,000 (49.93%) are allocated to QIB, 6,88,000 (15.01%) allocated to NII 16,06,400 (35.06%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB Shares Offered | 22,88,000 | 49.93% | 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 | 15.01% | 14.26% |
| − bNII > ₹10L | 4,59,200 | 9.52% | |
| − sNII < ₹10L | 2,28,800 | 4.74% | |
| Retail Shares Offered | 16,06,400 | 35.06% | 33.30% |
| Firm Reservations | |||
| Market Maker Shares Offered | 2,41,600 | 5.01% | |
| Total Shares Offered | 48,24,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 3,200 shares and in multiples of 1,600 shares thereof.
| 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 |
Prime Cable Industries IPO raises ₹11.39 crore from anchor investors. Prime Cable Industries IPO Anchor bid date is September 19, 2025.
📝 Anchor Investors Letter (PDF)
| Bid Date | Fri, Sep 19, 2025 |
| Shares Offered | 13,72,800 |
| Anchor Portion (₹ Cr.) | 11.39 |
| Anchor lock-in period end date for 50% shares (30 Days) | Sat, Oct 25, 2025 |
| Anchor lock-in period end date for remaining shares (90 Days) | Wed, Dec 24, 2025 |
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 | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 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 |
| KPI | Mar 31, 2025 |
|---|---|
| ROCE | 25.96% |
| Debt/Equity | 2.63 |
| RoNW | 69.16% |
| PAT Margin | 5.32% |
| EBITDA Margin | 10.43% |
| Price to Book Value | 7.81 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 5.32 | 4.10 |
| P/E (x) | 15.6 | 20.26 |
| Promoter Holding | 92.93% | 68.24% |
| Market Cap | ₹152.06 Cr. |
The Prime Cable Industries IPO is subscribed 8.28 times on September 24, 2025 6:19:13 PM (Day 3). The public issue subscribed 6.89 times in the individual investors category, 9.91 times in the QIB category, and 9.38 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for | Total Application |
|---|---|---|---|---|
| QIB (Ex Anchor) | 9.91 | 9,15,200 | 90,68,800 | 14 |
| NII* | 9.38 | 6,88,000 | 64,52,800 | 700 |
| bNII (bids above ₹10L) | 10.49 | 4,59,200 | 48,17,600 | |
| sNII (bids below ₹10L) | 7.15 | 2,28,800 | 16,35,200 | |
| Individual Investors | 6.89 | 16,03,200 | 1,10,43,200 | 3,451 |
| Total | 8.28 | 32,06,400 | 2,65,64,800 | 4,165 |
Total Application : 4,165
*Market Maker portion is not included to NII/HNI.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Book Running Lead Managers Fees | 0.96 |
| 2 | Underwriting Fees | 3.07 |
| 3 | Brokerage, selling commission and other uploading fees | 0.02 |
| 4 | Fees Payable to Registrar to the Offer | 0.01 |
| 5 | Fees to the legal advisor, audit / chartered accountant fees and other professionals | 0.29 |
| 6 | Fees Payable for Advertising, Marketing Expenses and Publishing Expenses | 0.19 |
| 7 | Fees Payable to Regulators including Stock Exchanges and depositories | 0.08 |
| 8 | Payment for printing & Stationery, Postage etc | 0.01 |
| 9 | Fees payable to Industry Report Provider | 0.06 |
| 10 | Miscellaneous | 0.03 |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹83.00 |
| Open | ₹81.00 |
| Low | ₹76.95 |
| High | ₹81.00 |
| Last Trade | ₹78.30 |
Lead Manager Reports
Prime Cable Industries IPO is a SME IPO of 48,24,000 equity shares of the face value of ₹5 aggregating up to ₹40 Crores. The issue is priced at ₹83 per share. The minimum order quantity is 1600.
The IPO opens on Mon, Sep 22, 2025, and closes on Wed, Sep 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 Mon, Sep 22, 2025 and closes on Wed, Sep 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 Fri, Sep 26, 2025. Check the Prime Cable Industries IPO allotment status.
The Prime Cable Industries IPO listing date is on Mon, Sep 29, 2025.
