Prime Cable Industries Limited
Bookbuilding IPO · NSE
- Price band
- ₹78 - ₹83
- Lot size
- 1,600 shares
- Issue amount
- ₹40.01 cr
- Total subscription
- 6.85×
- Opens
- 22 Sept 2025
- Closes
- 24 Sept 2025
- Allotment
- 25 Sept 2025
- Listing
- 29 Sept 2025
Offer at a glance
Issue overview
- Issue size
- 48,20,800 shares
- Face value
- ₹5 Per Share
- Minimum investment
- ₹1,24,800
- Fresh issue
- ₹35.02 cr
- Offer for sale
- ₹4.99 cr
- Registrar
- Skyline Financial Services Private Limited
- Listing exchange
- NSE
- Maximum investment
- ₹1,32,800
- Issue type
- Bookbuilding IPO
- Shares before issue
- 1,41,01,660
- Shares after issue
- 1,83,20,860
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 2 | 3,200 | ₹2,65,600 |
| sHNI | 3 | 4,800 | ₹3,98,400 |
| bHNI | 8 | 12,800 | ₹10,62,400 |
Share reservation
Subscription & GMP
Subscription by category
Reported 24 Sept 2025
GMP history
Day-wise demand
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| QIB | 0 | 12 |
| NIB | 0 | 491 |
| RETAIL | 501 | 2,513 |
| HNIs(10L +) | 96 | 277 |
| HNIs (2-10L) | 48 | 259 |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 7.6 | 73.27 |
| FIIs | 0 | 0.24 |
| Others | 0 | 73.03 |
| RETAIL | 13.31 | 66.75 |
| HNIs 2+ | 1.9 | 10.48 |
| HNIs 10+ | 3.81 | 31.94 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|
| EPS | 5.46 | 1.3 | 0.09 |
| ROE | 0 | 0 | 0 |
| ROCE | 0 | 0 | 0 |
| RONW | 69.16 | 28.87 | 2.33 |
| PRE IPO(PE) | 15.6 | 0 | 0 |
| POST IPO(PE) | 20.26 | 0 | 0 |
Values and labels as reported in the issue data.
Peer comparison
| Company | P/E(X) | CMP* (₹) | Face value (₹) | NAV/Share (₹) | RONW(%) | EPS (Basic) (₹) |
|---|---|---|---|---|---|---|
| V-Marc India Limited | 29.97 | 443 | 10.00 | 77.58 | 24.39 | 14.78 |
| Prime Cables Industries Limited | NA | NA | 5.00 | 10.63 | 69.16 | 5.46 |
| Dynamic Cables Limited | 31.11 | 424.75 | 10.00 | 154.31 | 22.05 | 13.65 |
| Ultracab (India) Limited | 9.73 | 9.64 | 2.00 | 7.10 | 15.53 | 0.99 |
Company information
Company profile
Prime Cable Industries Limited, established in 1997, is an Indian cable manufacturer producing a wide range of ISI-marked wires and cables under the brands “PRIMECAB” and “RENUFO.” Its product portfolio includes LT PVC/XLPE power cables, control cables, aerial bunched cables, and communication cables, serving industries such as power generation, transmission and distribution, oil and gas, mining, steel, and real estate. Known for its focus on certified quality, the company continues to expand its presence, and as of April 30, 2025, it employed 144 people across different departments.
Strengths
- Established Industry Presence – With 20+ years in cable manufacturing, the company has built strong brand equity through its well-known brands “PRIMECAB” and “RENUFO.”
- Stable Customer Base – Long-term relationships with reputed clients drive recurring business and foster customer loyalty.
- Government Tender Advantage – Multiple state vendor approvals and fulfillment of BQRs position the company strongly for securing government contracts.
Risk factors
- Government Contract Dependence – Heavy reliance on government and EPC contracts awarded through competitive bidding exposes the company to revenue volatility, as these are short-term and non-binding.
- Supplier Concentration Risk – Dependence on top suppliers for raw materials makes operations vulnerable to supply disruptions or delays, impacting production and profitability.
- Raw Material Price Volatility – High exposure to copper, aluminum, and PVC costs can significantly affect margins and overall financial performance.
Promoters
Purshotam Singla
Vijay Lakshmi Singla
Nikunj Singla
Naman Singla
Shreya Jhalani Singla
Registrar & documents
Lead manager
Indorient Financial Services Limited
Registrar & contacts
Skyline Financial Services Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Flat No 249 Ground Floor KD Block Pitampura, Rani Bagh, North West Delhi, New Delhi, 110034
011-45611750
[email protected]Company website ↗Understanding PRIMECAB IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.