Issue Price
₹83
Per Share
GMP
NIL
Grey Market
Est. Listing
₹83
Expected Price
Min. Application
₹265,600
2 lots × 1600 shares
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 standardsExperienced and Committed Management Team.
Prime Cable Industries Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 241,600 | — | ₹2.01 Cr | — |
| TOTAL | 4,824,000 | 100.00% | ₹40.04 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,600 | ₹132,800 |
| Retail (Max) | 13 | 20,800 | ₹1,726,400 |
| sNII (Min) | 14 | 22,400 | ₹1,859,200 |
| bNII (Min) | 68 | 108,800 | ₹9,030,400 |
| Particulars | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue from Operations | 141.10 | 82.74 | 73.73 |
| EBITDA | 14.71 | 4.59 | 2.75 |
| Profit After Tax (PAT) | 7.50 | 1.79 | 0.12 |
| Net Worth | 14.60 | 7.10 | 5.31 |
| Total Assets | 92.08 | 48.44 | 39.09 |
| Reserves & Surplus | 7.73 | 6.47 | 4.68 |
| Total Borrowings | 38.43 | 32.71 | 22.74 |