Prime Cable Industries Limited IPO

Prime Cable Industries Limited IPO

SME NSE SME 100% Book Built Offer
Closed

Price Band

₹78 - ₹83

Total Issue

₹40.01 Cr

Bid Dates

22 Sep - 24 Sep

Subscription

8.35x

Est. GMP

₹0 (0.00%)

Website RHP Check Allotment

Tentative Timetable

Open
Close
Allotment
Refunds
Credit
Listing

Business Overview

Prime Cables Limited, with 17 years of experience, is engaged in the manufacturing and sale of a wide range of cables and wires. The company produces low-voltage (up to 1.1 KV) control cables, power cables, aerial bunch cables, instrumentation cables, housing/building wires, and conductors catering to diverse sectors including EPC players, electricity boards, PSUs involved in power generation, transmission and distribution, as well as industries such as oil & gas, mining, steel, real estate, and electrical panel builders. Certified by ISO and BIS, Prime Cables manufactures and markets its products under the trusted brands “PRIMECAB” and “RENUFO.” With a strong presence across multiple industries, the company emphasizes quality, reliability, and innovation in its cable and wire solutions.

Lot Info

Lot Information for Prime Cable Industries IPO
Category Lots Shares Amount
Individual (Min) 2 3,200 ₹2,65,600
Individual (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
Market Maker
2,41,600 EQ Shs
Employee
₹0.00
Shareholder
₹0.00

Issue Size

Total ₹40.01 Cr
Fresh Issue
₹35.02 Cr (0.42 Cr Shares)
Offer For Sale
₹4.99 Cr (0.06 Cr Shares)

Objects of the Issue

A1

₹B1 Cr

A2

₹B2 Cr

A3

₹B3 Cr

Grey Market Premium

GMP ₹0
Est. Price ₹83
Est. Gain 0.00%

Prime Cable Industries IPO Peer Comparison

There are no comparable listed peers in India as per the company

Financial Performance

(Rs. in crores)

Financial Performance Metrics for Prime Cable Industries IPO
Particulars Mar-25 Mar-24 Mar-23
Revenue from Operations 140.98 82.53 73.62
Profit after Tax 7.50 1.79 0.12
Net Worth 14.60 7.10 5.31
Total Borrowing 38.43 32.71 22.74
Total Assets 92.08 48.44 39.09
NAV per share (in ₹) 10.63 5.17 3.86
EPS - Basic (in ₹) 5.52 1.30 0.09

KPIs

EBITDA

10.43%

PAT

5.32%

ROCE

25.96%

ROCE

2.63

PE Ratio

15.04

PB Ratio

7.81

Mkt Cap (in Crs.)

152.06

All the data pertains to FY 2024-25. PE, PB, and market capitalization are calculated based on the Upper Price Band.

Shareholding

Promoter

92.92%

Public

7.08%

Purshotam Singla 51.70%
Naman Singla 13.79%
Nikunj Singla 13.79%
Others 13.64%

Management

Purshotam Singla Chairman & MD

Registrar & Lead Managers

Lead Managers (1)

Subscription Status

Updated as on 24-Sep-2025 19:01:20 hrs

Category Sub (x) Offered Bids
QIB 9.91x 9,15,200 90,68,800
NII 9.38x 6,88,000 64,52,800
bHNI 10.49x 4,59,200 48,17,600
sHNI 7.15x 2,28,800 16,35,200
Individual Investor 6.87x 16,06,400 1,10,43,200
Total 8.28x 32,09,600 2,65,64,800

Frequently Asked Questions

What is Prime Cable Industries IPO?
Prime Cable Industries IPO is a SME IPO having an issue size of ₹40.01 Crs. Prime Cable Industries IPO is priced at ₹78 - ₹83 per share. The issue opens on 22 Sep 25 and closes on 24 Sep 25.
When will Prime Cable Industries IPO open?
Prime Cable Industries IPO opens on 22 Sep 25 and closes on 24 Sep 25.
What is the GMP of Prime Cable Industries IPO?
The estimated Grey Market Premium of Prime Cable Industries IPO is ₹0 per share (0.00%).
What is the lot size of Prime Cable Industries IPO?
The minimum lot size of Prime Cable Industries IPO is 1600 shares & the minimum application amount is Rs. 132800.
When is the allotment of Prime Cable Industries IPO?
The allotment date of Prime Cable Industries IPO is 26 Sep 25.
What is the listing date of Prime Cable Industries IPO?
The listing date of Prime Cable Industries IPO is 29 Sep 25.
What is the subscription of Prime Cable Industries IPO?
Prime Cable Industries IPO is subscribed 8.35 times.
What is the price band of Prime Cable Industries IPO?
Prime Cable Industries IPO is priced at ₹78 - ₹83 per share.
How to check allotment status of Prime Cable Industries IPO?
Click the allotment link on Prime Cable Industries IPO page of IPO360.
How to apply Prime Cable Industries IPO in Zerodha?
  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app
How to apply Prime Cable Industries IPO in Groww?
  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app
How to apply Prime Cable Industries IPO using ASBA?
  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Prime Cable Industries IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date