Prime Cables Industries IPO GMP & Review: Apply or Avoid?

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Prime Cables Industries IPO is open for bidding from 22nd September 2025 to 24th September 2025. It is a bookbuilding IPO of ₹40.01 crore, comprising a fresh issue of 0.42 crore shares. The problem will be listed on NSE and SME on its tentative listing date, 29th September 2025.

Prime Cables Industries IPO Details 

The Prime Cables Industries IPO date is fixed between 22nd September 2025 and 24th September 2025. The face value of Prime Cables Industries IPO shares stands at ₹5 per share, and the IPO price is set at ₹78.00 to ₹83.00 per share.

Skyline Financial Services Private Limited is the registrar of the Prime Cables Industries IPO and is responsible for managing the allotment process and initiating refunds. Check out the latest IPO details in the table below. 

Prime Cables Industries IPO Share Reservation

Prime Cables Industries IPO is a bookbuilding IPO of ₹40.01 crores, comprising a fresh issue of 0.50 crore shares of Prime Cables Industries, which will be listed on the NSE and SME. Furthermore, SEBI has specified the share reservation criteria for different investor categories. 

Prime Cables Industries IPO GMP Grey Market Premium

GMP is the gap between the price band of the issue and the price at which company shares are currently trading in the grey market. Do you want to get live updates on the Prime Cables Industries IPO? If yes, then you’ve reached the right spot. Check the table below to learn about the GMP trends.

As of 9th September 2025, Prime Cables Industries IPO GMP stands at ₹83 per share, which means the share will likely show a listing at ₹83 on its tentative listing date, 29th September 2025.

GMP data is subject to change based on market trends and sentiments. Please verify the live GMP status before applying for the Prime Cables Industries IPO GMP. Stay informed with Univest to know about real-time insights on IPOs and their GMP trends. 

Prime Cables Industries IPO GMP Review

Check out the detailed Prime Cables Industries  GMP IPO review for a thorough understanding of its potential to report listing gains on 18th September 2025. The Prime Cables Industries IPO review below will help you invest effectively to avoid significant losses. Explore more to make informed investment decisions on this IPO. 

Financial Health

Assess a company’s financial performance to know about its ability to sustain a competitive edge. Thus, it is essential to understand the growth margins and declines of the business’s financials before applying for the Prime Cables Industries IPO.

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.

Prime Cables Industries  Limited’s IPO has shown consistent revenue growth, indicating that the company is financially stable. Moreover, brokers, investors, and RAs have a positive outlook for the Prime Cables Industries IPO, with its tentative listing day set for 29th September 2025.  

Technical Analysis

Several technical indicators are available to assess a company’s potential to deliver returns. Use the parameters mentioned below to analyse the technical aspects of the Prime Cables Industries IPO.

The P/E ratio of Prime Cables Industries  Limited’s share is 15.6, and its Earnings Per Share (EPS) stands at 5.32. Thus, the Prime Cables Industries  Limited IPO is expected to deliver gains on its tentative listing date, 22nd 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 Cables Industries  Limited are subject to change after the IPO. Explore the table below to get post-issue updates on these two metrics. 

Prime Cables Industries  Limited IPO Peer Comparison

Prime Cables Industries IPO Subscription Status

The Prime Cables Industries IPO is to be opened for bidding on 22nd September 2025. The subscription status for this IPO is yet to be announced. Stay informed on this passage to check the live Prime Cables Industries IPO subscription status. 

About Prime Cables Industries  Limited

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.

Prime Cables Industries Limited Financials

The company’s financial analysis is crucial before applying for the Prime Cables Industries IPO. Refer to the table to learn about Prime Cables Industries  Limited’s financials. 

Explanation

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.

Prime Cables Industries IPO Bidding Requirements

Investors can bid for a minimum of 3,200 shares and in multiples of 1,600 shares thereof. The following table represents the minimum and maximum investments by individual investors (retail) and HNI in terms of shares and amount.

Prime Cables Industries IPO has reserved lot sizes for different investor categories. Look at the table below to see the requirements for applying for this IPO.

Use the lot size calculator to find how many shares you should apply for!

Prime Cables Industries IPO Promoter Holding

Take a look at the table below to review the holdings of Prime Cables Industries  Limited’s promoters: Rakesh Ashok Markhedkar, Avinash Markhedkar, and Nakul Markhedkar.

Note: The value will be calculated using Equity Dilution = Share Holding Pre-Issue –  Share Holding Post-Issue.

Aim of the Prime Cables Industries IPO

The primary aim of the Prime Cables Industries IPO is to raise ₹40.01 crores. On the other hand, Prime Cables Industries has decided to utilise these funds in different ways. Explore some of the secondary objectives for the Prime Cables Industries IPO.

• To Capital Expenditure on the civil construction and purchase of the plant and machinery
• To Repayment of the Term loan of the certain debt Facilities
• To Working Capital Requirement
• To General Corporate Purposes

Should I Invest in the Prime Cables Industries IPO?

Explore the pros and cons of Prime Cables Industries to know whether you should apply or avoid the issue. These pros and cons might help you know about the IPO’s efficiency in delivering profits in the coming decades. 

Pros of Prime Cables Industries IPO

• Prime Cables Industries has a substantial revenue and profit growth, which suggests improvement in operations and scale benefits.
• The company has improved the margins and ROCE results in better efficiency and pricing power.
• The company produces various types of cables and has a broad client base.
• The company plans to set up a new factory for manufacturing cables and wires.  

Cons of Prime Cables Industries IPO

• The company has a high lot size and a high minimum investment
• The company has substantial debt and leverage, such as cash flow, and a rise in raw material costs.
• The company depends on metals like copper, aluminium, etc. 
• Some of the revenue comes from the government tenders.

How to Apply for the Prime Cables Industries IPO?

Check the steps mentioned below to apply for Prime Cables Industries  Limited.

• Step 1: Conduct thorough research on the Prime Cables Industries IPO GMP, subscription status, issue size, lot size, and other details. 
• Step 2: Open a demat account on Univest to learn about real-time insights on GMP and subscription status. You can also use your previous demat account by navigating to the IPO section. 
• Step 3: Make a bid for two lots of 3,200 shares worth ₹2,65,600.
• Step 4: You will receive a mandate request after making a bid. Approve the request to proceed further.    

Note: You can apply for the Prime Cables Industries IPO from more than one demat account to increase your chances of allotment. 

How to Check Prime Cables Industries IPO Allotment Status?

You can check whether the Prime Cables Industries IPO allotment has been completed in different ways. These include NSE and the registrar portal. Look at the steps mentioned below to check your allotment status online.

Check On NSE

• Visit the NSE Official Website.
• Navigate to the IPO Allotment Section. 
• Select Equity as the issue type. 
• Choose the Prime Cables Industries IPO.  
• Choose whether to proceed with the PAN number or the application number. 
• Submit your details to get the allotment status online. 

Check On the Registrar Portal

• Visit the registrar portal.
• Click on the allotment option.
• Fill in the required details.
• Click on the submit button to know your Prime Cables Industries IPO allotment status.

Let’s Wrap

Prime Cables Industries IPO is a bookbuilding issue of shares worth ₹40.01 crores. The shares of Prime Cables Industries  Limited will be listed on NSE and SME on its tentative listing date of 29th September 2025. Researching the Prime Cables Industries IPO GMP and reviews is highly suggested to book your ideal profitability. Brokers and investors have highlighted their pros and cons, so one must analyse them and decide accordingly.

Open a demat account on Univest now to initiate your investment journey!

FAQs on Prime Cables Industries IPO

How is the Prime Cables Industries IPO?

Ans. Currently, on 18th September 2025, the Prime Cables Industries IPO GMP (Grey Market Premium) stands at ₹83. It indicates that the estimated listing price could be ₹83 per share. It is a bookbuilding IPO of ₹40.01  crores, comprising a fresh issue of 0.42 crore shares. The face value of each share of Prime Cables Industries  Limited is ₹5 per share.

What is the Prime Cables Industries IPO price?

Ans. The Prime Cables 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.

Is the Prime Cables Industries IPO good?

Ans. 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.

Who is the registrar of the Prime Cables 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.

What is the issue size of the Prime Cables Industries IPO?  

Ans. Prime Cables Industries IPO is a bookbuilding IPO for 0.42 crore shares worth ₹40.01 crores. Moreover, the IPO is set to open on 22nd September  2025 and will be closed on 24th September 2025. 

Disclaimer: The above information is compiled from authentic sources and is just for informational purposes. To have detailed information about the Prime Cables Industries IPO, download the Prime Cables Industries IPO RHP and Prime Cables Industries IPO DRHP. Conduct your research before investing in IPOs to avoid significant losses. You can also consult your financial advisor.

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