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Prime Cable Industries Limited

Prime Cable Industries IPO

  • Status: Live
  • ₹ 249,600 / 3200 shares

    Minimum Investment

IPO Listing Details

  • Listing Date

    29 Sep 2025

  • Listing Price

    ₹ 81.00

  • Listing Change

    -2.41%

  • Last Traded Price

    ₹ 98.30

Prime Cable Industries IPO Details

  • Open Date

    22 Sep 2025

  • Close Date

    24 Sep 2025

  • Listing Date

    29 Sep 2025

  • IPO Price Range

    ₹ 78 to ₹83

  • IPO Size

    ₹ 40.01 Cr

  • Listing Exchange

    NSE SME

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Timeline Subscription Status Financials SWOT FAQ Contacts

Prime Cable Industries IPO Timeline

Prime Cable Industries IPO Subscription Status

Last Updated: 24 September 2025 6:09 PM by 5paisa

Prime Cable Industries Limited is a New Delhi–based manufacturer in the cables & wires sector. The company has been operating for over 15 years, producing low-voltage control cables (up to 1.1 kV), power cables, aerial bunch cables, instrumentation cables, building wires, conductors, etc. Its customers include electricity boards, EPC contractors, public sector undertakings, real estate developers, oil & gas, mining, panel builders, etc. It is ISO and BIS certified, and sells mainly under its brands “PRIMECAB” and “RENUFO”.

Established in: 1997

Managing Director: Purshotam Singla
 
Peers:

There are no listed peers of the company, according to RHP.
 

Prime Cable Industries Objectives

Setting up a new factory to manufacture Medium Voltage (up to 33 kV) cables and covered conductors
Repayment / prepayment (in full or part) of certain outstanding borrowings
Funding working capital requirements of the company
General corporate purposes
 

Prime Cable Industries IPO Size

Types Size
Total IPO Size ₹40.01 Cr
Offer For Sale ₹4.99 Cr
Fresh Issue ₹35.02 Cr

Prime Cable Industries IPO Lot Size

Application Lots Shares Amount
Retail (Min) 2 3,200 2,49,600
Retail (Max) 2 3,200 2,65,600
S-HNI (Min) 3 4,800 3,74,000
S-HNI (MAX) 6 9,600 7,48,800
B-HNI (Min) 7 11,200 8,73,600

Prime Cable Industries IPO Reservation

Investors Category Subscription (times) Shares Offered Shares bid for Total Amount (Cr.)*
QIB (Ex Anchor) 9.91 9,15,200 90,68,800 75.271
NII (HNI) 9.38 6,88,000 64,52,800 53.558
Individual Investors (IND category bidding for 2 Lots)     6.89 16,03,200 1,10,43,200 91.659
Total** 8.28 32,06,400 2,65,64,800 220.488    

 

*The "Shares Offered" and "Total Amount" are calculated using the upper limit of the issue price range.
**Shares allocated to anchor investors (or market makers) are excluded from the total number of shares offered.

Profit and Loss

Balance Sheet

Particulars (in Rs. Crores) FY23 FY24 FY25
Revenue 73.25 82.49 140.94
EBITDA 2.75 4.58 14.70
PAT 0.12 1.79 7.5
Particulars (in Rs. Crores)] FY23 FY24 FY25
Total Assets 27.98 29.53 68.67
Share Capital 0.62 0.62 6.86
Total Borrowings 22.73 32.71 38.42
Particulars (in Rs. Crores FY23 FY24 FY25
Net Cash Generated From / (used in) operating activities -0.98 1.14 3.43
Net Cash Generated From / (used in) investing activities -3.40 -8.41 -5.58
Net Cash Generated From / (used in) financing activities 4.47 7.32 2.17
Net Increase (Decrease) In Cash And Cash Equivalents 0.09 0.04 0.02


Strengths

1. Long experience in cables & wires manufacturing
2. ISO & BIS certifications for quality compliance
3. Broad product portfolio across voltage and applications
4. Established brand presence (PRIMECAB, RENUFO)
5. Strong growth in revenue and margins
 

Weaknesses

1. Highly capital-intensive business (factory, machinery etc.)
2. Dependence on raw materials whose prices fluctuate
3. Thin net profit margins typical of cable/wire sector
4. Limited scale relative to large cable manufacturers
5. Working capital tied up in inventory & receivables
 

Opportunities

1. Demand growth in power infrastructure and electrification
2. Expansion into medium voltage and covered conductors segment
3. Government push for infrastructure & electrification
4. Opportunities to serve real estate, mining, transmission sectors
5. Potential exports and larger institutional contracts
 

Threats

1. Volatile input / copper / metal / insulation raw material prices
2. Competition from established and low-cost manufacturers
3. Regulatory or standards compliance risks
4. Tender delays from government/external clients
5. Power/capacity constraints or logistical challenges
 

1. Exposure to growing cables & power infrastructure demand
2. Entry into medium-voltage cable manufacturing increasing scope
3. Fresh capital to reduce debt burden and improve financial stability
4. Strong certifications (ISO, BIS), established brands help trust & quality
5. Opportunity in SME IPO segment with room for upside
 

The cables & wires sector is tightly linked to India’s infrastructure growth, electrification drives, renewable energy expansion, and increasing industrial and urban development. With power transmission, building construction, mining, oil & gas, and real estate all seeking reliable cable suppliers, there is a strong addressable market. Prime Cable’s plan to enter into manufacturing medium voltage cables & covered conductors aligns with rising demand in utilities and industrial power distribution segments. However, success will depend on cost discipline, securing vendor approvals, maintaining yield & quality, scaling capacity efficiently, and managing competition. Given its improving financials and strategic expansion plans, the company has good potential for growth, particularly in SME-space with focused product segments.
 

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