Prime Cable Industries Limited IPO Details

SME

Prime Cable Industries IPO opens for subscription on 22 Sep 2025 and closes on 24 Sep 2025. The IPO will be listed on NSE with the tentative listing date set for 29 Sep 2025.

Prime Cable Industries IPO price band has been fixed at ₹78 – ₹83 per share.The face value is ₹5 per share with a lot size of 1600.

Prime Cable Industries IPO total issue size comprises 48,20,800 shares (aggregating up to ₹40.01 Cr). This includes a fresh issue of 42,19,200 shares (aggregating up to ₹35.02 Cr). Offer for Sale consists of 6,01,600 shares (aggregating up to ₹4.99 Cr). Pre-issue shareholding stands at 1,41,01,660, which will increase to 1,83,20,860 post-issue.

Prime Cable Industries IPO carries a ₹3 (3.6%) GMP, reflecting investor sentiment.

Prime Cable Industries IPO Lot Size : Individual Minimum is 2 lots (3,200 shares) amounting to ₹265,600. Individual Maximum is 2 lots (3,200 shares) amounting to ₹265,600. SHNI Minimum is 3 lots (4,800 shares) amounting to ₹398,400. SHNI Maximum is 7 lots (11,200 shares) amounting to ₹929,600. BHNI Minimum is 8 lots (12,800 shares) amounting to ₹1,062,400.

The Lead Managers for Prime Cable Industries IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Indorient Financial Services Ltd. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.

For SME (Small and Medium-sized Enterprise) IPOs, a Market Maker is appointed to ensure liquidity and stability for the stock once it is listed. They do this by continuously quoting bid and ask prices, ensuring there is a market for the shares. The appointed market maker for this IPO is Alacrity Securities. You can analyze their track record by checking the Market Maker Performance Summary report.

For detailed information, Refer to the Prime Cable Industries Limited RHP.

Prime Cable Industries IPO Details

Open Date
22 Sep 2025
Close Date
24 Sep 2025
Listing Date
29 Sep 2025
Issue Price
₹78 - ₹83
Face Value
₹5 per share
Lot Size
1600
GMP
₹3 (3.6%)
Issue Type
IPO
Listing On
NSE
Type
Book Built Issue
Share holding pre issue
14101660
Share holding post issue
18320860
Total Issue Size
48,20,800 shares (aggregating up to ₹40.01 Cr)
Fresh Issue
42,19,200 shares (aggregating up to ₹35.02 Cr)
Offer for Sale
6,01,600 shares (aggregating up to ₹4.99 Cr)

Prime Cable Industries IPO Subscription

Prime Cable Industries IPO Application Wise Breakup

Prime Cable Industries IPO Dates

  • 22 Sep 2025
    Opening dateOPD
  • 24 Sep 2025
    Closing dateCOD
  • 25 Sep 2025
    Allotment Date BOA
  • 26 Sep 2025
    Initiation of RefundsIOR
  • 26 Sep 2025
    Credit of SharesCOS
  • 29 Sep 2025
    Listing dateLID

Prime Cable Industries IPO Lot Size

ApplicationLotsSharesAmount
Individual Minimum23200₹265,600
Individual Maximum23200₹265,600
SHNI Minimum34800₹398,400
SHNI Maximum711200₹929,600
BHNI Minimum812800₹1,062,400

Prime Cable Industries IPO Reservation

Promoter Holding

Pre Issue:92.92%
Post Issue:68.24%
Promoter Names:
Purshotam Singla, Vijay Lakshmi Singla, Nikunj Singla, Naman Singla, Shreya Jhalani Singla

Prime Cable Industries IPO Valuations

ROCE:25.96%
DEBT/EQUITY:2.63
RONW:69.16%
PAT MARGIN:5.32%
PRICE TO BOOK VALUE:7.81
P/E Pre IPO:15.6
P/E Post IPO:20.26

Prime Cable Industries Financial Information

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets92.0848.4439.09
Total Income141.1082.7473.73
Profit After Tax7.501.790.12
EBITDA14.714.592.75
NET Worth14.607.105.31
Reserves and Surplus7.736.474.68
Total Borrowing38.4332.7122.74
Amount in ₹ Crore

About Prime Cable Industries IPO

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.

 

Strength Of Prime Cable Industries IPO

1. Long standing relationships with distinguished clientele leading to recurring business.

2. Vendor Approvals & established Bid-Qualification Requirements (BQR) for Government Tenders.

3. Stringent quality measures and adherence to quality standards.

4. Experienced and Committed Management Team.

5. Unique positioning in the Cables & Wires Market.

Risk Of Prime Cable Industries IPO

1. We depend on the success of our relationships with our customers, specially Government entities and the contracts with such entities are typically awarded to us on satisfaction of prescribed pre-qualification criteria and following a competitive bidding process. We derive a significant portion of our revenue from Government entities directly or through EPC contractors and we do not have long term contracts with these customers. If one or more of such customers choose not to source their requirements from us, our business, financial condition and results of operations may be adversely affected.

2. We rely substantially on our top 10 suppliers of raw materials used in our manufacturing processes. Any shortages, delay or disruption in the supply of the raw materials we use in our manufacturing process may have a material adverse effect on our business, financial condition, results of operations and cash flows.

3. Any increase or fluctuations in the raw material prices may adversely impact the pricing and supply of our products and have an adverse effect on our business, financial condition, results of operations and cash flows.

4. Our business is dependent and will continue to depend on our Manufacturing Units. Any disruption, breakdown or shutdown of our Manufacturing Units may have a material adverse effect on our business, financial condition, results of operations and cash flows.

5. Our Company does not own the premises in which our registered office, corporate office, manufacturing units and our warehouse are located and the same are on lease arrangement. Any termination of such lease/license and/or non-renewal thereof and attachment by property owner could adversely affect our operations.

6. We generate our major portion of sales from our operations in certain geographical regions especially Bihar, Uttar Pradesh, Madhya Pradesh and Karnataka. Any adverse developments affecting our operations in these regions could have an adverse impact on our revenue and results of operations.

7. As of March 31, 2025, our debt-to-equity ratio is significantly high at 2.63. We have availed a substantial debt amounting to Rs. 5,283.91 as of August 31, 2025. Any inability to service this debt or adhere to the covenants stipulated in our financing agreements could materially and adversely impact our business operations, financial condition, and overall performance.

8. Any changes in international trade policies and increased trade tariffs including possibility of economic or trade sanctions by the U.S. could adversely affect our business, financial condition and results of operations.

9. Some of the immediate relatives of our Promoters, who are deemed to be a part of the Promoter Group under SEBI ICDR Regulations have not provided consent, information or any confirmations or undertakings pertaining to themselves which are required to be disclosed in relation to a member of the Promoter Group in this Red Herring Prospectus.

10. We operate in a labor-intensive industry and are subject to stringent labor laws and any strike, work stoppage or increased wage demand by our employees or any other kind of disputes with our employees could adversely affect our business, financial condition, results of operations and cash flows.

Objectives Prime Cable Industries IPO

1. Capital Expenditure toward of the civil construction and purchase of the plant and machinery

2. Repayment of the Term loan of the certain debt Facilities

3. Working Capital Requirement

4. General Corporate Purposes

Company 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/

Registrar Contact Details

Name: Skyline Financial Services Private Ltd
Phone: +91-22-28511022

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