Prime Cable Industries IPO

₹1,24,800/1600 shares

Minimum Investment

IPO Details

Open Date

22 Sep 25

Close Date

24 Sep 25

Minimum Investment

₹1,24,800

Lot Size

1600

Price Range

₹78 to ₹83

Listing Exchange

NSE

Issue Size

₹40.01 Cr

Listing Date

29 Sep 25

Open Free Demat Account

Prime Cable Industries IPO Timeline

Bidding Start

22 Sep 25

Bidding Ends

24 Sep 25

Allotment Finalisation

25 Sep 25

Refund Initiation

26 Sep 25

Demat Transfer

26 Sep 25

Listing

29 Sep 25

Prime Cable Industries Limited

Prime Cable Industries Limited, established in 1997, is a manufacturer of wires and cables under the brands “PRIMECAB” and “RENUFO.” The company caters to industries such as power generation, transmission, distribution, oil & gas, mining, steel, real estate, and more. Its ISI-marked products include LT PVC/XLPE power, control, aerial bunched, and communication cables.

Prime Cable Industries Limited IPO Overview

The Prime Cable Industries IPO is a book-built issue worth ₹40.01 crores. It comprises a fresh issue of 0.42 crore shares, aggregating to ₹35.02 crores, and an offer for sale of 0.06 crore shares, aggregating to ₹4.99 crores. The IPO opens for subscription on September 22, 2025, and closes on September 24, 2025. The allotment is expected to be finalized on September 25, 2025, and the shares will list on NSE SME with a tentative listing date of September 29, 2025. The price band for the issue is fixed at ₹78 to ₹83 per share. The lot size is 1,600 shares, with the minimum retail investment set at ₹2,65,600 for 3,200 shares (at the upper band). For HNI investors, the minimum investment is 3 lots, i.e., 4,800 shares, amounting to ₹3,98,400. The book-running lead manager for the issue is Indorient Financial Services Ltd., while Skyline Financial Services Pvt. Ltd. acts as the registrar, and Alacrity Securities Ltd. is the market maker.

Prime Cable Industries Limited IPO Details

Particulars	Details
IPO Date	September 22, 2025 to September 24, 2025
Listing Date	September 29, 2025
Face Value	₹5 per share
Issue Price Band	₹78 to ₹83 per share
Lot Size	3,200 Shares
Total Issue Size	48,20,800 shares (aggregating up to ₹40.01 Cr)
Fresh Issue	39,77,600 shares (aggregating up to ₹35.02 Cr)
Offer for Sale	6,01,600 shares (aggregating up to ₹4.99 Cr)
Issue Type	Bookbuilding IPO
Listing At	NSE SME
Share Holding Pre Issue	1,41,01,660 shares
Share Holding Post Issue	1,83,20,860 shares
Market Maker Portion	2,41,600 shares

Prime Cable Industries Limited IPO Reservation

Investor Category	Shares Offered
Market Maker	2,41,600 (5.01%)
QIB	22,88,000 (47.46%)
NII (HNI)	6,88,000 (14.27%)
Retail	16,03,200 (33.26%)
Anchor	13,72,800 (28.48%)

Prime Cable Industries Limited IPO Lot Size

Application	Lots	Shares	Amount
Retail (Min)	2	3,200	₹2,65,600
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 Limited IPO Promoter Holding

Shareholding Status	Percentage
Pre-Issue	92.92%
Post-Issue	To be updated

Prime Cable Industries Limited IPO Valuation Overview

KPI	Value
Earnings Per Share (EPS)	Pre IPO: ₹5.32, Post IPO: ₹4.10
Price/Earnings (P/E) Ratio	15.6x Pre IPO, 20.26x Post IPO
Return on Net Worth (RoNW)	69.16%
Net Asset Value (NAV)	₹10.63
Return on Equity	69.16%
Return on Capital Employed (ROCE)	25.96%
EBITDA Margin	10.43%
PAT Margin	5.32%
Debt to Equity Ratio	2.63

Objectives of the Proceeds

Capital expenditure for civil construction and purchase of plant & machinery – ₹14.46 Cr

Repayment of certain term loan facilities – ₹4.48 Cr

Funding working capital requirements of the business – ₹7.89 Cr

General corporate purposes – Remaining funds allocation

Key Financials (in ₹ Crores)

Particulars	31 Mar 2025	31 Mar 2024	31 Mar 2023
Assets	92.08	48.44	39.09
Revenue	141.10	82.74	73.73
Profit After Tax	7.50	1.79	0.12
Reserves and Surplus	7.73	6.47	4.68
Total Borrowings	38.43	32.71	22.74

SWOT Analysis of Prime Cable Industries IPO

Strength and Opportunities

Established brand with ISI-certified quality cables serving multiple industries
Strong client base with recurring orders ensuring steady revenue
Vendor approvals across states and eligibility for government tenders
Experienced and committed management team driving growth

Risks and Threats

High debt-to-equity ratio increases financial leverage risks
Dependence on raw material price fluctuations may affect margins
Intense competition from domestic and global players
Economic slowdown may reduce demand from core sectors

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About Prime Cable Industries Limited

Prime Cable Industries IPO Strengths

Strong and enduring relationships with reputed clients, ensuring consistent orders and long-term recurring business opportunities.

Multiple state-level vendor approvals and established government tender qualifications enhancing project eligibility and bidding strength.

Rigorous quality control systems with strict compliance to recognised standards, ensuring reliable and certified product delivery.

Skilled, experienced, and dedicated management team driving growth with strategic vision and operational expertise.

Peer Group Comparison

Company Name	EPS (Basic)	EPS (Diluted)	NAV (₹)	P/E (x)	RoNW (%)	P/BV Ratio
Prime Cable Industries	5.46	5.46	10.63	20.26	69.16	7.81
Peer Group
V-Marc India	14.78	14.78	77.58	29.97	24.39	5.75
Dynamic Cables	13.65	13.65	154.31	31.11	22.05	2.75
Ultracab (India)	0.99	0.99	7.10	9.73	15.53	1.29

How to apply IPO with HDFC SKY?

Follow these simple steps to apply for an IPO through HDFC SKY. Secure your investments and explore new opportunities with ease by accessing the IPOs available on the platform.

1Login to your HDFC SKY Account

2Select Issue

3Enter Number of Lots and your Price.

4Enter UPI ID

5Complete Transaction on Your UPI App