Prime Cable Industries Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 2,288,000 (47%) | — | ₹1,899 Cr |
| NII (HNI) | — | 688,000 (14%) | — | ₹571 Cr |
| Retail | — | 1,606,400 (33%) | — | ₹1,333 Cr |
| Market Maker | — | 241,600 (5%) | — | ₹20 Cr |
| Σ Total | — | 4,824,000 (100%) | — | ₹40,039 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,600 | ₹132,800 |
| Retail (Max) | 13 | 20,800 | ₹1,726,400 |
| S-HNI (Min) | 14 | 22,400 | ₹1,859,200 |
| B-HNI (Min) | 67 | 107,200 | ₹8,897,600 |
Financial Statements Amount in Crore
| Metric | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue | 141 | 83 | 74 |
| EBITDA | 15 | 5 | 3 |
| Profit After Tax | 8 | 2 | 0 |
| Net Worth | 15 | 7 | 5 |
| Total Assets | 92 | 48 | 39 |
| Reserves & Surplus | 8 | 6 | 5 |
| Total Borrowing | 38 | 33 | 23 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 1 Capital Expenditure toward of the civil construction and purchase of the plant and machinery – 14.46
- 2 Repayment of the Term loan of the certain debt Facilities – 4.48
- 3 Working Capital Requirement – 7.89
- 4 General Corporate Purposes –
Company Overview
Prime Cable Industries Limited is an Indian cable manufacturing company known for producing a wide range of wires and cables, including LT PVC/XLPE Power, Control, and AB Cables, under the brand names "PRIMECAB" and "RENUFO. The company was established in 1997 as a proprietorship firm and has since grown to serve various industries, including power generation, transmission & distribution, oil & gas, and more. They focus on ISI-marked, quality-certified products.
The company manufactures and supplies a diverse range of cables, including control, power, aerial bunched, and communication cables.
The company serves various industries, including power, oil & gas, mining, steel, and real estate.
The company's products are ISI-marked (Indian Standards Institute) quality cables and wires.
As of April 30, 2025, the company had 144 employees in various departments.
Competitive Strength:
- Long standing relationships with distinguished clientele leading to recurring business.
- Vendor Approvals across multiple states and established Bid-Qualification Requirements (BQR) for Government Tenders.
- Stringent quality measures and adherence to quality standards
- Experienced and Committed Management Team.