Prime Cable Industries IPO

8.31x

subscribed

Prime Cable Industries IPO

Cable
closed
₹2.50LMin. investment
  1. Pre-apply
    19 Sep
  2. Bid start
    22 Sep
  3. Bid end
    24 Sep
  4. Allotment
    25 Sep
  5. Release of funds
    26 Sep
  6. Demat transfer
    26 Sep
  7. Listing
    29 Sep

About Prime Cable Industries Limited

SectorCable
Price range₹78.00 – ₹83.00
IPO type
SME
Lot size1600 shares
Issue size₹40Cr
Red Herring Prospectus
Read
RevenueApr 2024 - Mar 2025
₹140.98CrLower than sector avg
Growth rate3Y CAGR
38.38%Higher than sector avg

Checklist

Quality analysis
Revenue growth
Company valuation
Earnings expansion
Risk analysis
Debt to Equity ratio
Promoter holdings
Shares pledged
The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

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Revenue
Higher revenue means strong sales and good market demand
This IPO
₹140.98Cr
This sector
₹1,533.73Cr
Compare with companies
3Y growth
Strong 3-year growth shows consistent progress and potential
This IPO
38.38%
This sector
0.01%
Compare with companies
PAT
Higher PAT means strong profitability and efficient cost management
This IPO
₹7.5Cr
This sector
₹65.23Cr
Compare with companies
P/E ratio
Lower ratio usually means stock is undervalued
This IPO
15.04
This sector
28.58
Compare with companies
D/E ratio
Lower ratio usually means fewer liabilities
This IPO
2.63
This sector
0.67
Compare with companies

Objectives

Capital expenditure
41.30%
General corporate purposes
25.80%
Working capital
20.13%
Repayment of loan
12.80%

About Prime Cable Industries Limited

Prime Cable Industries is a major Indian manufacturer of low-voltage control cables, power cables, aerial bunch cables, housing and building wires, and conductors. The company has two manufacturing facilities in Delhi and Rajasthan. Its main customers are in the power transmission, distribution, and generation sectors. In FY25, control cables accounted for ₹72.01 crore, or 51.09% of revenue, while power cables made up 32.49%. Meanwhile, around 74.5% of revenue came from government contracts and EPC tenders, with power transmission being the largest segment, contributing ₹52.55 crore, or 37.38%. The company has a client retention rate above 65% and stands at an order book of ₹84.27 crore. IPO Objective

IPO Subscription Status

Date
QIB
NII
Retail
Total
22-Sep-25
0.52 times (X)
0.53 times (X)
0.29 times (X)
0.41 times (X)
23-Sep-25
1.12X
1.48X
0.77X
1.02X
24-Sep-25
9.91X
9.73X
6.78X
8.31X

Frequently asked questions

How to invest in the IPO?

Investors can apply for the IPO through their Demat account via the stock exchange or through their broker.

What is the issue size of Prime Cable Industries IPO ?

The issue size of the Prime Cable Industries IPO is 40 Cr.

What is 'pre-apply' for Prime Cable Industries IPO ?

Pre-applying for an IPO allows you to submit your application before the official subscription period begins.

Which exchanges will Prime Cable Industries IPO shares list on?

The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.
Application closed