Prime Cable Industries IPO Details
| Detail | Description |
|---|---|
| IPO Date | 22 to 24 Sep, 2025 |
| Listing Date | 29 Sep, 2025 |
| 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) Alacrity Securities Ltd. |
| Fresh Issue (Ex Market Maker) | 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) |
| Net Offered to Public | 45,79,200 shares (aggregating up to ₹ 38.01 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 |
About Prime Cable Industries IPO
Prime Cable Industries Ltd is launching its SME IPO from September 22 to September 24, 2025, to raise about ₹40 crore through a mix of fresh issue and offer for sale. The IPO consists of 48,20,800 equity shares, comprising a fresh issue of 42,19,200 shares and an offer for sale of 6,01,600 shares. The IPO price band is fixed between ₹78 and ₹83 per equity share, with a retail market lot of 1,600 shares. The shares will be listed on the NSE SME platform tentatively on September 29, 2025. The IPO is managed by Kotak Mahindra Capital Company and Motilal Oswal Investment Advisors as lead managers.
Company Background
Established in 1997, Prime Cable Industries is a manufacturer of high-quality cables, including low tension (LT) power cables, control cables and communication cables. The company caters to diverse sectors such as power generation, transmission and distribution, oil and gas, telecommunications and infrastructure. Headquartered in New Delhi, the company runs advanced manufacturing facilities, updating technology and adhering to ISO quality and environmental standards. Prime Cable Industries is known for delivering reliable and certified cables to both government and private customers.
Operations And Product Range
Facility And Production
The company operates modern manufacturing plants equipped with machinery for wire drawing, extrusion, cabling and sheathing to produce cables, including LT power cables, XLPE cables and control cables. Quality and safety compliance with ISI and international standards guide their production process. The firm emphasises RAndD to develop customised cable solutions and environmentally sustainable manufacturing processes.
Brands And Market Presence
Prime Cable markets its cables under the brands “PRIMECAB” and “RENUFO,” establishing a strong presence in the Indian industrial and electrical cable markets. It supplies to utilities, infrastructure developers and telecom operators across Northern and Western India through an extensive network of distributors and dealers. The brands stand for quality, durability and customer focus in a competitive market space.
Revenue Channels
- ⦁ Manufacturing and sale of LT and XLPE power cables to utility and industrial customers.
- ⦁ Production of control and instrumentation cables for varied industrial processes.
- ⦁ Sale of communication and speciality cables for telecom and specific infrastructure projects.
- ⦁ After-sales services, including technical support and customised solutions.
Management And Shareholding
Promoters And Shareholding
Promotion of the company is by the founding family and core management team, maintaining a significant stake post-IPO. The IPO includes fresh equity issuance along with an OFS by existing shareholders. Promoters will continue to guide the company’s strategic decisions post-listing.
Board Members
The board includes experienced professionals in the cable manufacturing and finance sectors who oversee governance and compliance aligned to public market norms. Kotak Mahindra Capital and Motilal Oswal Investment Advisors oversee the IPO, with compliance and market connection support from established registrar services.
IPO Objectives
- ⦁ Increase working capital to cope with growing production and sales cycles.
- ⦁ Invest in plant and machinery to enhance capacity and technological sophistication.
- ⦁ Partial debt repayment to improve leverage and reduce financing costs.
- ⦁ General corporate purposes, including marketing and business development expenditures.
Conclusion
Prime Cable Industries Ltd’s IPO offers investors the opportunity to participate in a steadily growing cable manufacturing business with strong operational standing and financial metrics. Increasing infrastructure spending and renewables integration in India provide a supportive demand environment. The IPO raise will support the company’s expansion plans to cater to rising market demand with high-quality cable products.
Prime Cable Industries IPO Financial Information
Latest Revenue
141.1
₹ Crore
Profit After Tax
7.5
₹ Crore
Net Worth
14.6
₹ Crore
Total Borrowing
38.43
₹ Crore
| Period Ended | Assets | Revenue From Operations | Profit After Tax | Net Worth | Reserves & Surplus | Total Borrowing | |||
|---|---|---|---|---|---|---|---|---|---|
| 31 Mar 2025 | 92.08 | 141.1 | 7.5 | 14.6 | — | 38.43 | |||
| 31 Mar 2024 | 48 | 83 | 2 | 7 | — | 33 | |||
| 31 Mar 2023 | 39.09 | 73.73 | 0.12 | 5.31 | — | 22.74 | |||
| Amount in ₹ Crore | |||||||||
Prime Cable Industries Key Performance Indicator
| KPI | Values |
|---|---|
| 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 |
| P/E (x) | 15.6 | 20 |
Frequently Asked Questions
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Competitive Strengths
⦁ Over two decades of experience in manufacturing high-quality power and control cables.
⦁ Certified facilities and processes conforming to ISI and ISO standards
⦁ Strong client base spanning government power utilities, telecom sectors and infrastructure projects.
⦁ Recognised brand name across multiple Indian states, supported by a wide dealer and distributor network.
⦁ Robust financial performance with consistent revenue growth and margin improvements.
Download regulatory filings
Prime Cable Industries IPO Timeline
| 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 |
IPO Lot Size
| Investors | No.of lots | Shares Offered | Max Bid Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 3200 | 265600 |
| Individual investors (Retail) (Max) | 2 | 3200 | 265600 |
| S-HNI (Min) | 3 | 4800 | 398400 |
| S-HNI (Max) | 7 | 11200 | 929600 |
| B-HNI (Min) | 8 | 12800 | 1062400 |