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.
Price Band₹78 - ₹83 |
Dates22 Sep - 24 Sep |
GMP₹0 (0.00%) |
Subscriptions- |
Issue Size₹40.01 Crs |
Prime Cable Industries IPO Objects
- Setting up a new factory to manufacture Medium Voltage (Up to 33 KV) Cables & Covered Conductors
- Repayment of the term loan of certain debt facilities
- Working Capital Requirement
- General Corporate Purposes
Prime Cable Industries IPO Details
Price Band₹78 - ₹83 |
Listing AtNSE SME |
IPO Issue Type100% Book Built Offer |
Fresh Issue₹35.02 Cr (0.42 Cr Shares) |
Offer For Sale₹4.99 Cr (0.06 Cr Shares) |
Total Issue₹40.01 Cr (0.48 Cr Shares) |
Face Value₹5 per equity share |
Prime Cable Industries IPO Lot Information
| Investor Category | Lot | Shares | Amount | |
|---|---|---|---|---|
| Individual Investor |
Minimum
2
3,200
2,65,600
Maximum
2
3,200
2,65,600
|
|||
| Small HNI |
Minimum
3
4,800
3,98,400
Maximum
7
11,200
9,29,600
|
|||
| Big HNI |
Minimum
8
12,800
10,62,400
|
|||
Prime Cable Industries IPO GMP
The estimated Grey Market Premium of Prime Cable Industries IPO is ₹0 per share (0.00%)
Disclaimer: The GMP prices displayed here reflect news related to grey market trends. We do not trade or deal in the grey market, including subject-to-rates, nor do we recommend participating in grey market trading.
Category Allocation
| Particulars | Allocation |
|---|---|
| QIB | Not more than 50% of Net Offer |
| NII | Not less than 15% of Net Offer |
| Retail | Not less than 35% of Net Offer |
| Market Maker | 2,41,600 EQ Shs |
Prime Cable Industries IPO Financials
| 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 |
The financial information presented is on a consolidated basis.
Key Performance Indicators
| KPI | Values |
|---|---|
| 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.
Prime Cable Industries IPO Peer Comparision
Prime Cable Industries IPO Peer Comparision
Promoter Details
| Name | Shareholding |
|---|---|
| Purshotam Singla | 51.70% |
| Naman Singla | 13.79% |
| Nikunj Singla | 13.79% |
| Others | 13.64% |
| Total | 92.92% |
Management Details
| Name | Designation |
|---|---|
| Purshotam Singla | Chairman & MD |
Company Details
Name: Prime Cable Industries Limited
Address: E-894, DSIDC Industrial Area
Narela, Delhi-110040, India
Number: 011-45611750
Email: compliance@primecabindia.com
Website: https://www.primecabindia.com/
Book Running Lead Managers (BRLMs)
Indorient Financial
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Skyline Financial Services
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Find answers to common questions that come in your mind related to IPO.
Prime Cable Industries IPO is a SME IPO having an issue size of Rs. ₹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.
Prime Cable Industries IPO opens on 22 Sep 25 and closes on 24 Sep 25.
The estimated Grey Market Premium of Prime Cable Industries IPO is ₹0 per share (0.00%).
The minimum lot size of Prime Cable Industries IPO is 1600 shares & the minimum application amount is Rs. 132800.
The allotment date of Prime Cable Industries IPO is 26 Sep 25.
The listing date of Prime Cable Industries IPO is 29 Sep 25.
Prime Cable Industries IPO is subscribed -.
Prime Cable Industries IPO is priced at ₹78 - ₹83 per share.
Click the allotment link on Prime Cable Industries IPO page of IPO360.
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