Prime Cable Industries IPO GMP: Day 2 IPO Live Updates
Posted by : sachet | Tue Sep 23 2025
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The Prime Cable Industries IPO GMP is ₹6 as of 23rd September 2025. It is a book-building IPO of ₹40.01 crores, comprising a fresh issue of ₹ 0.42 crores and an offer for sale of 0.06 crore shares. The issue will be listed on NSE and SME on its tentative listing date, 29th September 2025. The face value of Prime Cable Industries shares stands at ₹5 per share, and the IPO price band is set at ₹78.00 to ₹83.00 per share. Retail investors can bid for a minimum of 3 lots of 3,200 shares worth ₹265,600.
Prime Cable Industries IPO Grey Market Premium
As of 23rd September 2025, the Prime Cable Industries IPO GMP stands at ₹6 per share. Thus, the estimated listing price would be ₹89. This indicates that the estimated listing gain in this IPO could be 7.23%. However, GMP details are subject to change based on market conditions and fluctuations. Explore the table for the Prime Cable Industries IPO GMP updates.
| GMP Date | IPO Price | GMP | Estimated Listing Price | Estimated Listing Gains |
| 23-09-2025 | ₹83.00 | ₹6.00 | ₹89.00 | 7.23% |
| 22-09-2025 | ₹83.00 | ₹5.00 | ₹88.00 | 6.02% |
| 21-09-2025 | ₹83.00 | ₹3.00 | ₹86.00 | 3.61% |
| 20-09-2025 | ₹83.00 | ₹3.00 | ₹86.00 | 3.61% |
| 19-09-2025 | ₹83.00 | ₹3.00 | ₹86.00 | 3.61% |
| 18-09-2025 | ₹83.00 | ₹2.00 | ₹85.00 | 2.41% |
| 17-09-2025 | ₹83.00 | ₹0.00 | ₹83.00 | 0.00% |
Prime Cable Industries IPO Details
| IPO Open Date | 22nd September 2025 |
| IPO Close Date | 24th September 2025 |
| IPO Allotment Date | 25th September 2025 |
| Refund Initiation | 26th September 2025 |
| Issue Size | 48,20,800 shares(aggregating up to ₹40.01 Cr) |
| Offer for Sale | 6,01,600 shares of ₹5(aggregating up to ₹40.01 Cr) |
| Fresh Issue | 39,77,600 shares(aggregating up to ₹33.01 Cr) |
| Face Value | ₹5 per share |
| Lot Size | 1,600 shares |
| Issue Price Band | ₹78.00 to ₹83.00 per share |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE & SME |
| Listing Date | 29th September 2025 |
Explanation
Prime Cable Industries IPO: Prime Cable Industries Limited has declared that the issue price band is set at ₹78.00 to ₹83.00 per share. With this IPO, the company allows retail investors to bid for two lot of 3,200 shares worth ₹2,65,600. The face value of Prime Cable Industries Limited shares is ₹10 per share. The shares of Prime Cable Industries Limited will be listed on NSE and SME on its tentative listing day, 29th September 2025. Scroll down to view GMP updates and reviews of the Prime Cable Industries IPO.
Objectives of the Prime Cable Industries IPO
The primary aim of the Prime Cable Industries IPO is to raise ₹40.01 crores. On the other hand, Prime Cable Industries has decided to utilise these funds in different ways. Explore some of the secondary objectives for the Prime Cable Industries IPO.
- To meet the general Corporate Purposes.
- To fulfil working capital requirements.
- To repay the term loan of certain debt facilities.
- To fulfil capital expenditure towards of the civil construction.
Prime Cable Industries IPO Registrar
Skyline Financial Services Private Limited is the registrar of the Prime Cables Industries IPO, responsible for managing the allotment procedure and initiating refunds. For any queries regarding the Prime Cables Industries allotment and refund, you can contact Skyline Financial Services Private Limited at info@skylinerta.com or 02228511022.
Prime Cable Industries IPO Review
The Prime Cable Industries IPO has gained neutral ratings from industry experts, brokers, and institutional investors. Prime Cables Industries Limited’s revenue increased by 71% from ₹82.74 crores in March 2024 to ₹141.10 crores in March 2025. Moreover, the company’s PAT rose by 319% from ₹1.79 crores to ₹7.50 crores.
Most analysts recommend applying for this IPO to diversify your investment portfolio in the stock market. However, we’re waiting for further ratings to gain a better understanding and will continue to post them to deliver real-time insights. Until then, you can explore the company’s technical analysis to know whether you should apply for the Prime Cable Industries IPO or not.
Prime Cable Industries Limited Technicals
| Key Indicators | Value |
| PE Ratio (Price-to-Earnings) | 15.6 |
| EPS (Earnings Per Share) | 5.32 |
| RoNW | 69.16% |
| ROCE | 25.96% |
| ROE | 0.00% |
| EBITDA Margin | 10.43% |
| Price to Book Value | 4.81 |
| Market Capitalisation | ₹152.06 Cr |
The PE ratio of Prime Cable Industries Limited shares is 15.6, and its Earnings Per Share (EPS) stands at ₹5.32. Thus, the Prime Cable Industries IPO can potentially deliver gains on its tentative listing date, 29th September 2025.
Note: The data, as mentioned above, is taken from authentic sources and highlights pre-issue information. The PE ratio and EPS of Prime Cable Industries Limited are subject to change after the IPO. Refer to the table below for post-issue updates on these two metrics.
Prime Cables Industries Limited IPO Peer Comparison
| Company Name | EPS | P/E Ratio | RoNW | Face value | Revenue |
| Prime Cables Industries Limited | 5.46 | 15.6 | 69.16 | ₹5 | 141.10 |
| V- Marc India | 14.78 | 29.97 | 24.39 | ₹10 | 906.00 |
| Dynamic Cables | 13.65 | 31.11 | 22.05 | ₹10 | 1,032.00 |
| Ultracab (INDIA) | 0.99 | 9.73 | 9.73 | ₹2 | 240.00 |
FAQs on Prime Cable Industries IPO
What is the GMP of the Prime Cable Industries IPO?
Ans. As of 23rd September 2025, the Prime Cable Industries (Grey Market Premium) stands at ₹6. This indicates that the estimated listing price could be ₹89 per share.
What is the issue price of the Prime Cable Industries IPO?
Ans. The Prime Cable Industries IPO price is set at ₹78.00 to ₹83.00 per share. Retail investors can apply for a minimum of 2 lots consisting of 3,200 shares worth ₹2,65,600. Moreover, HNIs are required to bid for a minimum of 3 lots (4,800 shares) worth ₹3,98,400.
Who is the registrar of the Prime Cable Industries IPO?
Ans. Skyline Financial Services Private Limited is the registrar of the Prime Cables Industries IPO, responsible for managing the allotment procedure and initiating refunds. For any queries regarding the Prime Cables Industries allotment and refund, you can contact Skyline Financial Services Private Limited at info@skylinerta.com or 02228511022.
Disclaimer: The above information is compiled from authentic sources and is just for informational purposes. To have detailed information about the Prime Cable Industries IPO, download the Prime Cable Industries IPO RHP and Prime Cable Industries IPO DRHP. Conduct thorough research before investing in IPOs to minimise the risk of significant losses. You can also consult your financial advisor.
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