The IPO of Prime Cable Industries Limited is a book-bed issue, which has a total amount of ₹ 40.01 crore. This includes new shares worth ₹ 35.02 crore and sales of ₹ 4.99 crore by promoters and shareholders. This is an important step to raise capital.
Prime Cable Industries Ltd. IPO Overview
The company will use the capital raised from this IPO to meet the needs of its working capital and for general business purposes. This will help in speeding up the company’s expansion and development plans, which will strengthen its position in the market.
| Details | Descriptions |
|---|---|
| IPO Date | September 22, 2025 to September 24, 2025 |
| Listing Date | [.] |
| Face Value | ₹5 per share |
| Issue Price Band | ₹78 to ₹83 per share |
| Lot Size | 1,600 Shares |
| Sale Type | Fresh Capital-cum-Offer for Sale |
| Total Issue Size | 48,20,800 shares (aggregating up to ₹40.01 Cr) |
| Reserved for Market Maker | 2,41,600 shares (aggregating up to ₹2.01 Cr) |
| Net Offered to Public | 45,79,200 shares (aggregating up to ₹38.01 Cr) |
| Fresh Issue | 39,77,600 shares (aggregating up to ₹33.01 Cr) |
| Offer for Sale | 6,01,600 shares of ₹5 (aggregating up to ₹4.99 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 1,41,01,660 shares |
| Share Holding Post Issue | 1,83,20,860 shares |
Prime Cable Industries Ltd. IPO Schedule
Applications for this IPO will start on September 22, 2025 and will be closed on September 24, 2025. The allocation of shares is expected on September 25, 2025, and the shares will be listed on NSE SME on September 29, 2025.
| Details | Description |
|---|---|
| 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 |
Prime Cable Industries Ltd. IPO Lot Size Details
For retail investors, the minimum lot of lot size is 1,600 shares. An investment of ₹ 1,32,800 is required for this on the upper price band. For small HNI, the minimum lot of lot size is 3,200 shares, priced at ₹ 2,65,600.
| 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 Ltd. IPO Allocation
The total IPOs are reserved for 47.46% shareable institutional buyers (QIBS), 14.27% for non-institutional investors (NIIs), and 33.26% for retail investors, which provides opportunities to all types of investors.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 2,41,600 (5.01%) |
| QIB Shares Offered | 22,88,000 (47.46%) |
| NII (HNI) Shares Offered | 6,88,000 (14.27%) |
| Retail Shares Offered | 16,03,200 (33.26%) |
| Total Shares Offered | 48,20,800 (100.00%) |
Prime Cable Industries Ltd. IPO Promoter Holding
Prior to the IPO, the company’s promoter’s stake were 92.92%. After the issue, it will decrease to 68.04%. The names of the promoters are Purshotam Singla, Vijay Lakshmi Singla, Nikunj Singla, Naman Singla, and Shreya Jhalani Singla.
| Details | Promoter Holding (%) |
|---|---|
| Promoter Holding Pre Issue | 92.92% |
| Promoter Holding Post Issue | -% |
Prime Cable Industries Ltd. IPO Anchor Investors Details
Anchor investors have shown significant interest in this IPO. The company has raised ₹ 11.39 crore from anchor investors. They have been allocated shares on the upper price band of ₹ 83 per share, which has increased the confidence of investors.
| Details | Description |
|---|---|
| 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) | 25-Oct-25 |
| Anchor lock-in period end date for remaining shares (90 Days) | 24-Dec-25 |
Overview of Prime Cable Industries Ltd.
Prime Cable Industries Limited is an Indian cable manufacturing company known for the production of a variety of wires and cables, including LT PVC/XLPE power, control, and AB cables that are sold under “PRIMECAB” and ” RENUFO” brand names. The company was established in 1997 as a proprietorship firm and has since developed to serve power generation, transmission and distribution, oil and gas, and many other industries. They focus on ISI-identified, quality-attested products.
The company manufactures and supplies a wide variety of cables, including control, power, aerial bans, and communication cables.
The company serves various industries, including electricity, oil and gas, mining, steel, and real estate.
The company’s products are ISI-identified (Indian Standards Institute) quality cables and wires.
As of April 30, 2025, there were 144 employees in various departments of the company.
Competitive strength:
- Long-standing relationships with reputed customers, resulting in frequent trade.
- In many states, bids requirements (BQR) established for vendor approval and government tenders.
- Following rigorous quality measures and quality standards.
- Experienced and committed management team.
Company Financials
Prime Cable Industries Ltd. Financial Information (Restated Standalone)
The company has shown a strong financial performance in the financial year 2024-25, with an increase of 71% in revenue and 319% increase in post-profit (PAT). This reflects the company’s constant growth.
| Period Ended | 31-July-25 | 31-Mar-25 | 31-Mar-24 |
|---|---|---|---|
| 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 |
Key Performance Indicator (KPI)
The market cap. of Prime Cable Industries Ltd. IPO is ₹152.06 Crores.
KPI as of Mon, Mar 31, 2025.
| KPI | Values |
|---|---|
| ROE | -% |
| 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 Rs | 5.32 | 4.10 |
| P/E (x) | 15.6 | 20.26 |
Prime Cable Industries Ltd. IPO Objectives
| Objects of the Issue | Expected Amount (₹ in cr.) |
|---|---|
| Setting up a new manufacturing facility located at Borisana, Mehsana in Gujarat (“Proposed facility | 14.46 |
| Repayment of the Term loan of the certain debt Facilities | 4.48 |
| Working Capital Requirement | 7.89 |
| General corporate purposes | – |
Prime Cable Industries Ltd. IPO 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/
Prime Cable Industries Ltd. IPO Registrar
Skyline Financial Services Pvt.Ltd.
| Details | Descriptions |
|---|---|
| Phone: | 02228511022 |
| Email: | ipo@skylinerta.com |
| Website: | https://www.skylinerta.com/ipo.php |
Prime Cable Industries Ltd. IPO FAQs
When Prime Cable Industries Ltd. IPO become available?
The IPO will open on Mon, Sep 22, 2025.
What is the minimum lot size for the Prime Cable Industries Ltd. IPO?
The minimum lot size is 1600 shares.
When will the shares for the Prime Cable Industries Ltd. IPO be allotted?
The allotment is expected to be finalized on Thu, Sep 25, 2025.
What is the expected listing date for the Prime Cable Industries Ltd. IPO?
The tentative listing date is Mon, Sep 29, 2025.
How can I apply for the Prime Cable Industries IPO?
You can apply online through your bank or a broker using either the UPI or ASBA payment methods.
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