Prime Cable Industries IPO
Prime Cable Industries IPO
Overview
Prime Cable Industries IPO is a book build issue of ₹40.01 crores. The issue is a combination of fresh issue of 0.42 crore shares aggregating to ₹35.02 crores and offer for sale of 0.06 crore shares aggregating to ₹4.99 crores. Prime Cable Industries IPO opens for subscription on Sep 22, 2025 and closes on Sep 24, 2025. The allotment for the Prime Cable Industries IPO is expected to be finalized on Sep 25, 2025. Prime Cable Industries IPO will list on NSE SME with a tentative listing date fixed as Sep 29, 2025. Prime Cable Industries IPO price band is set at ₹78.00 to ₹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..
Total Shares
48,20,800
Issue Size
₹40.01 Cr
Price Band
₹78 – ₹83
Lot Size
1600 shares
Min. Investment
₹2,65,600
Max. Investment
₹2,65,600
Open Date
22 Sep, 2025
Close Date
24 Sep, 2025
Allotment
25 Sep, 2025
Listing
29 Sep, 2025
Max. Investment
₹2,65,600
Announced
22 Sep, 2025
Opening Date
22 Sep, 2025
Closing Date
24 Sep, 2025
Basis of Allotment
25 Sep, 2025
Initiation of Refunds
26 Sep, 2025
Credit of Shares
26 Sep, 2025
Listing Date
29 Sep, 2025
Live GMP
Est. Listing: ₹89
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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 manu
Prime Cable Industries IPO Share Price
Issue Breakdown
Shareholding
Dilution: 29.9% increase in shares
Prime Cable Industries IPO Promoters Holding
Prime Cable Industries IPO Financial Health
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.
Prime Cable Industries IPO Lot Size
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 | 3200 | ₹2,65,600 |
| Individual investors (Retail) (Max) | 2 | 3200 | ₹2,65,600 |
| S-HNI (Min) | 3 | 4800 | ₹3,98,400 |
| S-HNI (Max) | 7 | 11200 | ₹9,29,600 |
| B-HNI (Min) | 8 | 12800 | ₹10,62,400 |
(All values in CR)
Prime Cable Industries IPO Valuations
The market capitalization of Prime Cable Industries IPO is ₹152.06 Cr. KPI as of Mon, Mar 31, 2025.
| Metric | Value |
|---|---|
| ROCE | 25.96 |
| Debt/Equity | 2.63 |
| RoNW | 69.16 |
| PAT Margin | 5.32 |
| EBITDA Margin | 10.43 |
| Price to Book Value | 7.81 |
(All values in CR)
Prime Cable Industries IPO Strength & Risk
Prime Cable Industries IPO Strength:
Diversified product portfolio across power, control, aerial bunch, instrumentation cables, and housing wires.
Established brands with ISO and BIS certifications, improving credibility for government and institutional contracts.
IPO proceeds earmarked for capacity expansion into medium voltage cables and debt reduction.
Revenue and profit growth momentum in recent financial years.
Listing on SME platform may offer early growth opportunities for investors.
Prime Cable Industries IPO Risk:
Expansion into medium voltage cables is new and carries execution challenges.
Heavy dependence on volatile raw material prices like copper and aluminium.
Intense competition from both large organised players and smaller unorganised units.
Revenue concentration in specific regions and reliance on limited customers.
Tender-based contracts with no long-term certainty of orders.
SME listing may face liquidity concerns and higher volatility.
Valuation and financial ratios may appear stretched given company size and past performance.
Prime Cable Industries IPO Subscriptions Status
Prime Cable Industries IPO subscribed 0.13 times. The public issue subscribed 0.09 times in the individual investors category, 0.00 times in QIB (Ex Anchor), and 0.41 times in the NII category by September 22, 2025 12:00:04 PM (Day 1).
| Investor Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (Rs Cr.) |
|---|---|---|---|---|
| Anchor | 1.00 | 13,72,800 | 13,72,800 | 11.394 |
| QIB (Ex Anchor) | 0.00 | 9,15,200 | 0 | 0 |
| Non-Institutional Buyers | 0.41 | 6,88,000 | 2,83,200 | 2.351 |
| bNII (bids above ₹10L) | 0.58 | 4,59,200 | 2,67,200 | 2.218 |
| sNII (bids below ₹10L) | 0.07 | 2,28,800 | 16,000 | 0.133 |
| Individual Investors (IND category bidding for 2 Lots) | 0.09 | 16,03,200 | 1,44,000 | 1.195 |
| Total | 0.13 | 32,06,400 | 4,27,200 | 3.546 |
Prime Cable Industries IPO GMP
Prime Cable Industries SME IPO last GMP is ₹6, last updated Sep 23rd 2025 05:54 PM. With the price band of 83.00, Prime Cable Industries SME IPO's estimated listing price is ₹89 (cap price + today's GMP).The expected percentage gain/loss per share is 7.23%. >> Prime Cable Industries SME IPO Retail Subject to Sauda: ₹7300 The lowest GMP is ₹0.00, while the highest GMP is ₹6.00.
Last updated 23 Sep, 2025 · Source: aggregated grey-market dealers
| Date | IPO Price | GMP | Sub2 Sauda | Est. Listing | Est. Profit | Updated |
|---|---|---|---|---|---|---|
| 23 Sep, 2025 | 83 | ₹6▲ | 7300 | ₹89 (7.23%) | 9600 | 23 Sep, 2025 |
| 22 Sep, 2025 | 83 | ₹5▲ | 6100 | ₹88 (6.02%) | 8000 | 22 Sep, 2025 |
| 21 Sep, 2025 | 83 | ₹3 | 3600 | ₹86 (3.61%) | 4800 | 21 Sep, 2025 |
| 20 Sep, 2025 | 83 | ₹3 | 3600 | ₹86 (3.61%) | 4800 | 20 Sep, 2025 |
| 19 Sep, 2025 | 83 | ₹3▲ | 3600 | ₹86 (3.61%) | 4800 | 19 Sep, 2025 |
| 18 Sep, 2025 | 83 | ₹2▲ | 2400 | ₹85 (2.41%) | 3200 | 18 Sep, 2025 |
| 17 Sep, 2025 | 83 | ₹0 | - | ₹ (%) | - | 17 Sep, 2025 |
Disclaimer: GMP is an unofficial signal from grey-market dealers and is not regulated by SEBI. Use it alongside subscription data and other research for informed decision-making.
How to Apply for Prime Cable Industries IPO
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Find Prime Cable Industries IPO under the IPO section. Select it and enter your bid details — choose lot size and price (cut-off price recommended).
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Application Confirmed
Your funds will be blocked in your account until the IPO allotment process is completed.