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Open
22 Sep 2025
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Close
24 Sep 2025
3
Allotment
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Listing
Mon, Sep 29, 2025
Price Band
₹78 to ₹83
Issue Size
48,24,000 shares (agg. up to ₹40 Cr)
Lot Size
1,600 Shares
Listing Date
Mon, Sep 29, 2025
Latest GMP
₹-2
Est. Gain
-2.41%
✦ AI Insight
GMP Trend
29-09-2025₹-2Est. ₹81-2.41%
28-09-2025₹-2Est. ₹81-2.41%
27-09-2025₹3Est. ₹86+3.61%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 6.19x |
Restated Financials (₹ Cr.)
| 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 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| JD Cables Ltd. | SME | ₹95.99 Cr | ₹152 | 11.66 | ₹157.90 | +3.88% | ₹245.90 (+1.89%) |
| Bhadora Industries Ltd. | SME | ₹55.62 Cr | ₹103 | 12.6 | ₹105.95 | +2.86% | ₹90.55 (+0.72%) |
| Quadrant Future Tek Ltd. | Mainboard | ₹290.00 Cr | ₹290 | 59.13 | ₹444.00 | +53.10% | ₹409.45 (-3.22%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 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 | 7.05 |
| 4 | General Corporate Purposes | 4.93 |
| 5 | Issue Expenses | 4.72 |
| Total | 35.63 |
About Prime Cable Industries IPO
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.
Contact Details
Prime Cable Industries Ltd. AddressFlat No 249 Ground FloorKD Block PitampuraRani BaghDelhi, New Delhi, 110034011-45611750compliance@primecabindia.comVisit Website