How to Check Prime Cable Industries IPO Allotment Status?

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Last Updated: 25th September 2025 - 10:21 am

Prime Cable Industries Limited is an Indian cable manufacturing company producing wires and cables including LT PVC/XLPE Power, Control, and AB Cables under "PRIMECAB" and "RENUFO" brands, established in 1997. The company operates with 144 employees as of April 30, 2025, manufacturing and supplying diverse range of cables including control, power, aerial bunched, and communication cables serving various industries including power generation, transmission & distribution, oil & gas, mining, steel, and real estate.

The Prime Cable Industries IPO came with a total issue size of ₹40.01 crore, comprising a fresh issue of 0.42 crore shares aggregating to ₹35.02 crore and offer for sale of 0.06 crore shares aggregating to ₹4.99 crore. The IPO opened on September 22, 2025, and closed on September 24, 2025. 

Steps to Prime Cable Industries IPO Allotment Status on Registrar Site

  • Visit the Skyline Financial Services Pvt.Ltd. website
  • Select "Prime Cable Industries" from the dropdown menu on the allotment status page
  • Enter your PAN ID, Demat Account Number, or Application Number in the designated field
  • Complete the captcha verification process and click on the "Submit" button to view your allotment status

Steps to Check Prime Cable Industries IPO Allotment Status on NSE

  • Navigate to the NSE SME IPO Allotment Status Page
  • Select the issue type: equity/debt
  • Choose "Prime Cable Industries" from the list of active IPOs in the dropdown menu
  • Input your Application Number and PAN ID in the required fields
  • Verify the captcha and click "Search" to check your allotment status

Prime Cable Industries IPO Subscription Status

Prime Cable Industries IPO received good investor interest, being subscribed 8.28 times overall. The subscription showed consistent confidence across categories in the Prime Cable Industries IPO stock price potential. Here is a category-wise breakdown of the subscription as of 5:19:12 PM on September 24, 2025:

  • Non-Institutional Investors (NII): 9.38 times.
  • QIB Category: 9.91 times.
Date QIB NII Total
Day 1 September 22, 2025 0.52 0.53 0.41
Day 2 September 23, 2025 1.12 1.13 0.95
Day 3 September 24, 2025 9.91 9.38 8.28

Prime Cable Industries IPO Share Price and Investment Details

The Prime Cable Industries IPO stock price band was set at ₹78 to ₹83 per share with a minimum lot size of 1,600 shares. The minimum investment required for individual investors was ₹2,65,600 for 2 lots (3,200 shares). The issue included up to 13,72,800 shares allocated to anchor investors raising ₹11.39 crore. Given the good subscription response of 8.28 times overall, with QIB category showing strong response at 9.91 times and individual investors demonstrating good response at 6.89 times, the Prime Cable Industries IPO share price is expected to list with good premium.

Utilisation of IPO Proceeds

The funds raised through the IPO will be utilised as follows:

  • Capital expenditure for civil construction and plant & machinery purchase: ₹14.46 crore.
  • Repayment of term loan debt facilities: ₹4.48 crore.
  • Working capital requirements: ₹7.89 crore.
  • General corporate purposes: Remaining amount.

Business Overview

Prime Cable Industries Limited operates with long-standing relationships with distinguished clientele leading to recurring business, vendor approvals across multiple states with established bid-qualification requirements for government tenders, stringent quality measures adhering to quality standards, and experienced committed management team while manufacturing cables and wires in highly competitive and fragmented segment.

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