Prime Cable Industries IPO
Live Updates, GMP, Subscription Data, and Financial Details
IPO Overview
Listed
Dates
Sep 22 to Sep 24 2025
Price Band
₹78 - 83
Current GMP
₹81.0 (-2.41%)
Subscription
8.28 times
IPO 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 |
| Issue Price Final | ₹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 |
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
Issue Price Final
₹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
IPO Subscription Details
| Anchor Investors | 1 |
| Market Maker | 1 |
| QIB (Ex Anchor) | 9.91 |
| Non-Institutional Buyers*** | 9.38 |
| bNII (bids above ₹10L) | 10.49 |
| sNII (bids below ₹10L) | 7.15 |
| Individual Investors (IND category bidding for 2 Lots) | 6.89 |
| Total ** | 8.28 |
Anchor Investors
1
Market Maker
1
QIB (Ex Anchor)
9.91
Non-Institutional Buyers***
9.38
bNII (bids above ₹10L)
10.49
sNII (bids below ₹10L)
7.15
Individual Investors (IND category bidding for 2 Lots)
6.89
Total **
8.28
Day Wise Sub
| Day | QIB (Ex Anchor) | NII* | NII (> ₹10L) | NII (< ₹10L) | Individual Investors | Total |
|---|---|---|---|---|---|---|
| Day 1 Sep 22, 2025 | 0.52 | 0.53 | 0.72 | 0.13 | 0.29 | 0.41 |
| Day 2 Sep 23, 2025 | 1.12 | 1.13 | 1.33 | 0.71 | 0.78 | 0.95 |
| Day 3 Sep 24, 2025 | 9.91 | 9.38 | 10.49 | 7.15 | 6.89 | 8.28 |
DayDay 1
Sep 22, 2025
QIB (Ex Anchor)0.52
NII*0.53
NII (> ₹10L)0.72
NII (< ₹10L)0.13
Individual Investors0.29
Total0.41
DayDay 2
Sep 23, 2025
QIB (Ex Anchor)1.12
NII*1.13
NII (> ₹10L)1.33
NII (< ₹10L)0.71
Individual Investors0.78
Total0.95
DayDay 3
Sep 24, 2025
QIB (Ex Anchor)9.91
NII*9.38
NII (> ₹10L)10.49
NII (< ₹10L)7.15
Individual Investors6.89
Total8.28
Day Wise GMP
| Date | Price | GMP | Estimate List Price |
|---|---|---|---|
| 29-09-2025 | 83.00 | -2(-2.41%) | 81 |
| 28-09-2025 | 83.00 | -2(-2.41%) | 81 |
| 27-09-2025 | 83.00 | 3(3.61%) | 86 |
| 26-09-2025 | 83.00 | 3(3.61%) | 86 |
| 25-09-2025 | 83.00 | 3(3.61%) | 86 |
| 24-09-2025 | 83.00 | 3(3.61%) | 86 |
| 23-09-2025 | 83.00 | 3(3.61%) | 86 |
| 22-09-2025 | 83.00 | 5(6.02%) | 88 |
| 21-09-2025 | 83.00 | 3(3.61%) | 86 |
| 20-09-2025 | 83.00 | 3(3.61%) | 86 |
| 19-09-2025 | 83.00 | 3(3.61%) | 86 |
| 18-09-2025 | 83.00 | 2(2.41%) | 85 |
| 17-09-2025 | 83.00 | 0(%) | (%) |
Date29-09-2025
Price83.00
GMP-2(-2.41%)
Estimate List Price81
Date28-09-2025
Price83.00
GMP-2(-2.41%)
Estimate List Price81
Date27-09-2025
Price83.00
GMP3(3.61%)
Estimate List Price86
Date26-09-2025
Price83.00
GMP3(3.61%)
Estimate List Price86
Date25-09-2025
Price83.00
GMP3(3.61%)
Estimate List Price86
Date24-09-2025
Price83.00
GMP3(3.61%)
Estimate List Price86
Date23-09-2025
Price83.00
GMP3(3.61%)
Estimate List Price86
Date22-09-2025
Price83.00
GMP5(6.02%)
Estimate List Price88
Date21-09-2025
Price83.00
GMP3(3.61%)
Estimate List Price86
Date20-09-2025
Price83.00
GMP3(3.61%)
Estimate List Price86
Date19-09-2025
Price83.00
GMP3(3.61%)
Estimate List Price86
Date18-09-2025
Price83.00
GMP2(2.41%)
Estimate List Price85
Date17-09-2025
Price83.00
GMP0(%)
Estimate List Price(%)
IPO Important Dates
| 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 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
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 3,200 | ₹2,65,600 |
| Individual investors (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 |
ApplicationIndividual investors (Retail) (Min)
Lots2
Shares3,200
Amount₹2,65,600
ApplicationIndividual investors (Retail) (Max)
Lots2
Shares3,200
Amount₹2,65,600
ApplicationS-HNI (Min)
Lots3
Shares4,800
Amount₹3,98,400
ApplicationS-HNI (Max)
Lots7
Shares11,200
Amount₹9,29,600
ApplicationB-HNI (Min)
Lots8
Shares12,800
Amount₹10,62,400
Financial Information
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 92.08 | 48.44 | 39.09 |
| Total Income | 141.10 | 82.74 | 73.73 |
| Profit After Tax | 7.50 | 1.79 | 0.12 |
| EBITDA | 14.71 | 4.59 | 2.75 |
| NET Worth | 14.60 | 7.10 | 5.31 |
| Reserves and Surplus | 7.73 | 6.47 | 4.68 |
| Total Borrowing | 38.43 | 32.71 | 22.74 |
Period EndedPeriod Ended
31 Mar 202531 Mar 2025
31 Mar 202431 Mar 2024
31 Mar 202331 Mar 2023
Period EndedAssets
31 Mar 202592.08
31 Mar 202448.44
31 Mar 202339.09
Period EndedTotal Income
31 Mar 2025141.10
31 Mar 202482.74
31 Mar 202373.73
Period EndedProfit After Tax
31 Mar 20257.50
31 Mar 20241.79
31 Mar 20230.12
Period EndedEBITDA
31 Mar 202514.71
31 Mar 20244.59
31 Mar 20232.75
Period EndedNET Worth
31 Mar 202514.60
31 Mar 20247.10
31 Mar 20235.31
Period EndedReserves and Surplus
31 Mar 20257.73
31 Mar 20246.47
31 Mar 20234.68
Period EndedTotal Borrowing
31 Mar 202538.43
31 Mar 202432.71
31 Mar 202322.74
Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio |
|---|---|---|---|---|---|---|
| Prime Cables Industries | 5.46 | 5.46 | 10.63 | 69.16 | ||
| 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 |
Company NamePrime Cables Industries
EPS (Basic)5.46
EPS (Diluted)5.46
NAV (per share) (Rs)10.63
P/E (x)
RoNW (%)69.16
P/BV Ratio
Company NameV- Marc India
EPS (Basic)14.78
EPS (Diluted)14.78
NAV (per share) (Rs)77.58
P/E (x)29.97
RoNW (%)24.39
P/BV Ratio5.75
Company NameDynamic Cables
EPS (Basic)13.65
EPS (Diluted)13.65
NAV (per share) (Rs)154.31
P/E (x)31.11
RoNW (%)22.05
P/BV Ratio2.75
Company NameUltracab (India)
EPS (Basic)0.99
EPS (Diluted)0.99
NAV (per share) (Rs)7.10
P/E (x)9.73
RoNW (%)15.53
P/BV Ratio1.29
IPO Reservation
| Market Maker Shares Offered | 2,41,600 (5.01%) |
| QIB Shares Offered | 22,88,000 (47.46%) |
| − Anchor Investor Shares Offered | 13,72,800 (28.48%) |
| − QIB (Ex. Anchor) Shares Offered | 9,15,200 (18.98%) |
| NII (HNI) Shares Offered | 6,88,000 (14.27%) |
| − bNII > ₹10L | 4,59,200 (9.53%) |
| − sNII < ₹10L | 2,28,800 (4.75%) |
| Retail Shares Offered | 16,03,200 (33.26%) |
| Total Shares Offered | 48,20,800 (100.00%) |
Market Maker Shares Offered
2,41,600 (5.01%)
QIB Shares Offered
22,88,000 (47.46%)
− Anchor Investor Shares Offered
13,72,800 (28.48%)
− QIB (Ex. Anchor) Shares Offered
9,15,200 (18.98%)
NII (HNI) Shares Offered
6,88,000 (14.27%)
− bNII > ₹10L
4,59,200 (9.53%)
− sNII < ₹10L
2,28,800 (4.75%)
Retail Shares Offered
16,03,200 (33.26%)
Total Shares Offered
48,20,800 (100.00%)
Information about company
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.
Objectives of IPO
The Company Prime Cable Industries IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
S.No.
Objects of the Issue
Expected Amount (Rs. in crores)
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
Disclaimer
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