Prime Cable Industries IPO Date, Review, Price, Allotment Details
The Prime Cable Industries IPO will open on September 22, 2025, and close on September 24, 2025. It is a Book Built Issue through which the company plans to raise approximately ₹40.01 crores, consisting of a fresh issue of ₹35.02 crores and an offer for sale of up to 6,01,600 equity shares with a face value of ₹5 each.
The IPO has a price band of ₹78–₹83 per share. The allocation is set at 35% for retail investors, 50% for QIBs, and 15% for HNIs. Shares are scheduled to be listed on NSE on September 29, 2025, while the allotment date is September 25, 2025.
From a financial standpoint, the company recorded ₹141.10 crores in revenue for 2025, compared to ₹82.74 crores in 2024, and a profit of ₹7.50 crores in 2025 against ₹1.79 crores in 2024. Given this strong performance, the IPO appears favorable for long-term investors.
Prime Cable Industries IPO Details
IPO Open Date September 22, 2025 IPO Close Date September 24, 2025 Face Value ₹5 Per Equity Share IPO Price Band ₹78 to ₹83 Per Share Issue Size Approx ₹40.01 Crores Fresh Issue Approx ₹35.02 Crores Offer for Sale: Approx 6,01,600 Equity Shares Issue Type Book Built Issue IPO Listing NSE SME DRHP Draft Prospectus 
RHP Draft Prospectus
Prime Cable Industries IPO Market Lot
The minimum lot size for the Prime Cable Industries IPO is 3,200 shares, requiring an application amount of ₹2,65,600.
Application Lot Size Shares Amount Retail Minimum 2 3,200 ₹2,65,600 Retail Maximum 2 3,200 ₹2,65,600 S-HNI Minimum 3 4,800 ₹3,98,400 S-HNI Maximum 7 11,200 ₹9,29,600 B-HNI Minimum 8 12,800 ₹10,62,400
IPO Reservation
Investor Category Share Offered -% Shares Anchor Investor 13,72,800 Shares 28.48% QIB (Ex. Anchor) 9,15,200 Shares 18.98% NII Shares Offered 6,88,000 Shares 14.27% Retail Shares Offered 16,03,200 Shares 33.26%
Prime Cable Industries IPO Anchor Investors
Anchor Bidding Date September 19, 2025 Anchor Investors List Shares Offered 13,72,800 Shares Anchor Size 11.39 Cr. lock-in period end date 50% shares (30 Days) October 25, 2025 lock-in period end date 50% shares (90 Days) December 24, 2025
Prime Cable Industries IPO Dates
The Prime Cable Industries IPO will open on September 22, 2025, and close on September 24, 2025. The allotment is expected on September 25, 2025, with the shares scheduled to be listed on NSE on September 29, 2025.
IPO Open Date: September 22, 2025 IPO Close Date: September 24, 2025 Basis of Allotment: September 25, 2025 Refunds: September 26, 2025 Credit to Demat Account: September 26, 2025 IPO Listing Date: September 29, 2025 IPO Bidding Cut-off Time: September 24, 2025 – 5 PM
Promoters and Holding Pattern
The promoters of the company are Purshotam Singla, Vijay Lakshmi Singla, Nikunj Singla, Naman Singla, and Shreya Jhalani Singla.
Particular Shares % Share Promoter Holding Pre-Issue 1,41,01,660 92.92% Promoter Holding Post Issue 1,83,20,860 71.52%
Objects of the Issue & Utilisation of Proceeds
Purpose Crores % Capital Expenditure for the civil construction and purchase of the plant and machinery 14.46 -% Repayment of the Term loan of certain debt Facilities 4.48 -% Working Capital Requirement 7.89 -% General Corporate Purpose – -%
About Prime Cable Industries IPO
Prime Cable Industries Limited, originally founded in 1997 as a proprietorship firm, later evolved into Trusted Cables Industries Limited, specializing in the manufacturing of wires and cables.
The company markets its products under the well-known brands “PRIMECAB” and “RENUFO”, offering a diverse range of products such as LT PVC/XLPE Power Cables, Control Cables, Aerial Bunched (AB) Cables, and Communication Cables. All products are manufactured in-house with an emphasis on quality, innovation, and uninterrupted supply, serving industries like power generation, transmission, and distribution, oil & gas, mining, steel, and real estate.
Committed to high standards, the company ensures that all its products are ISI-certified, reflecting adherence to the stringent benchmarks set by the Indian Standards Institute.
The company credits its past, present, and future growth to its skilled and experienced workforce, whose strong business acumen and industry expertise continue to drive success.
Prime Cable Industries IPO Company Financial Report
Amount ₹ in Crores
Period Ended Revenue Expense PAT Assets 2023 ₹73.73 ₹73.13 ₹0.12 ₹39.09 2024 ₹82.74 ₹81.12 ₹1.79 ₹48.44 2025 ₹141.10 ₹130.71 ₹7.50 ₹92.08
Prime Cable Industries IPO Valuation – FY2025
Check Prime Cable Industries IPO valuations detail like Earnings Per Share (EPS), Price/Earnings P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
KPI Values ROE: 69.16% ROCE: 25.96% EBITDA Margin: 10.43% PAT Margin: 5.32% Debt to equity ratio: 2.63 Earning Per Share (EPS): ₹5.46 (Basic) Price/Earnings P/E Ratio: NA Return on Net Worth (RoNW): 69.16% Net Asset Value (NAV): ₹10.63
Peer Group Comparison
Company EPS PE Ratio RoNW % NAV Income V- Marc India Limited 14.78 29.97 24.39% 77.58 – Cr. Dynamic Cables Limited 13.65 31.11 22.05% 154.31 – Cr. Ultracab (India) Limited 0.99 9.73 15.53% 7.10 – Cr.
IPO Lead Managers aka Merchant Bankers
- Indorient Financial Services Ltd.
IPO Registrar
Skyline Financial Services Pvt.Ltd.
Phone: 02228511022
Email: ipo@skylinerta.com
Website: https://www.skylinerta.com/ipo.php
Company Address
Prime Cable Industries Ltd.
Flat No 249, Ground Floor
KD Block Pitampura,
Rani Bagh,
North West Delhi, New Delhi, 110034
Phone: 011-45611750
Email: compliance@primecabindia.com
Website: https://www.primecabindia.com/