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Prime Cable Industries IPO
8.31xsubscribed

Prime Cable Industries IPO

Cable
listed
₹2.50LMin. investment

Prime Cable Industries Limited IPO Details

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

Prime Cable Industries 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

As on 22-Sep-25, 5:30 PM

Prime Cable Industries IPO Timeline

  1. Pre-apply
    19 Sep 2025
  2. Bid start
    22 Sep 2025
  3. Bid end
    24 Sep 2025
  4. Allotment
    25 Sep 2025
  5. Release of funds
    26 Sep 2025
  6. Demat transfer
    26 Sep 2025
  7. Listing
    29 Sep 2025

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

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

Objectives of Prime Cable Industries Limited IPO

Capital expenditure
41.30%
The company will use ₹14.46 crore for civil construction and machinery purchase.
General corporate purposes
25.80%
Part of the IPO proceeds will be used for general corporate purposes.
Working capital
20.13%
The company will use ₹7.05 crore for funding the working capital requirement.
Repayment of loan
12.80%
The company will use ₹4.48 crore towards repayment of the existing loan

Compare

CompanyRevenue*3Y growthPATP/E ratioD/E ratio
This IPO₹140.98Cr38.38%₹7.5Cr15.042.63
This sector (avg.)₹1,533.73Cr0.01%₹65.23Cr28.580.67
₹22,408.31Cr---₹2,045.54Cr40.310.15
₹9,735.88Cr---₹696.41Cr44.680.04
₹7,618.23Cr---₹311.61Cr38.490.13

*Revenue for financial year 2024-25. Lower P/E and D/E ratios are generally preferred.

Prime Cable Industries IPO Contact Details

Company NamePrime Cable Industries Limited

How to apply for Prime Cable Industries IPO?

  1. Step 1

    Log in to your Upstox account to access IPO investments. Next, select the current IPO section.

  2. Step 2

    Specify IPO details. Enter the number of lots and the price you wish to apply for.

  3. Step 3

    Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.

  4. Step 4

    Mandate Notification. Your UPI app will receive a mandate notification to block funds.

  5. Step 5

    Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.

Prime Cable Industries Limited IPO FAQs