prime cable industries limited IPO
IPO Overview
Prime cable industries limited IPO is a SME public issue offered through a Book Building issue with a total issue size of ₹40.01 Cr. The IPO price band is set at ₹78 to ₹83 per share, and retail investors can apply with a minimum investment of ₹2.66 L as per IPO guidelines.
The Prime cable industries limited IPO opens on 22 Sept 2025 and closes on 24 Sept 2025. The IPO allotment is expected to be finalized on 24 Sept 2025, and the equity shares are proposed to be listed on NSE on 28 Sept 2025.
Investors can refer to the Prime cable industries limited IPO RHP-DRHP for detailed information. The issue is managed by Indorient Financial Services Ltd. as the book running lead manager, while Skyline Financial Services Private Ltd is the registrar to the IPO. Before investing, market participants often review IPO details, valuation, PE ratio, financials, and risk factors.
About Company
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.
Investment Objective
Repayment of the Term loan of the certain debt Facilities
Working Capital Requirement
General Corporate Purposes