Prime Cable Industries Limited is an Indian cable manufacturing company engaged in the production of a wide range of low-voltage cables and wires under the brand names “PRIMECAB” and “RENUFO.” Its product portfolio includes LT PVC/XLPE power cables, control cables, aerial bunched (AB) cables, instrumentation cables, housing/building wires, and conductors.
Originally established in 1997 as a proprietorship by promoter Purshotam Singla, the business was later incorporated in 2008 as R C Cable Private Limited and converted into a public limited company in December 2024 as Prime Cable Industries Limited.
The company caters to diverse industries such as power generation, transmission & distribution, oil & gas, mining, steel, infrastructure, and real estate. It primarily supplies through direct orders, government tenders, and vendor approvals with electricity boards and public sector undertakings.
Prime Cable emphasizes ISI-marked, BIS and ISO-certified quality products, ensuring reliability and compliance with industry standards. With manufacturing units in Delhi and Rajasthan, the company has steadily built a strong reputation in India’s cable and wire sector.
As of April 30, 2025, the company employed 144 people across different functions including production, operations, sales, finance, and administration.
Prime Cable Industries IPO – Details
| IPO Opening Date | 22 September 2025 |
| IPO Closing Date | 24 September 2025 |
| Issue Type | Book Built Issue IPO |
| Issue Size | Total Issue: 48,20,800 Shares Worth ₹40.01 Crore Fresh Issue: 42,19,200 Shares Worth ₹35.02 Crore Offer For Sal,e: 6,01,600 Shares Worth ₹4.99 Crore |
| Face Value | ₹5 per equity share |
| IPO Price | ₹78 – ₹83 per share |
| Market Lot | 1600 Shares |
| Min Order | 1600 Shares [ 1 Lot ] |
| Listing At | NSE SME |
| Registrar | Skyline Financial Services Pvt.Ltd. |
| QIB Shares Offered | 50% |
| NII Shares Offered | 15% |
| Retail Shares Offered | 35% |
Prime Cable Industries IPO – Date Schedule
| IPO Open Date | 22 September 2025 |
| IPO Close Date | 24 September 2025 |
| Basis of Allotment | 25 September 2025 |
| Initiation of Refund | 26 September 2025 |
| Credit of Shares to Demat | 26 September 2025 |
| IPO Listing Date | 27 September 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on September 24, 2025 |
Prime Cable Industries IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 3,200 | ₹2,65,600 |
| Retail (Max) | 2 | 3,200 | 2,65,600 |
| S-HNI (Min) | 3 | 4,800 | ₹3,98,400 |
| S-HNI (Max) | 7 | 11,200 | ₹9,29,600 |
| B-HNI (Min) | 8 | 12,800 | ₹10,62,400 |
Competitive Strengths
- 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.
Company Promoters
- Purshotam Singla
- Vijay Lakshmi Singla
- Nikunj Singla
- Naman Singla
- Shreya Jhalani Singla
Company Financials
| Period | Total Revenue | Total Expense | Profit After Tax | Total Borrowings |
|---|---|---|---|---|
| 31 March 2023 | ₹73.73 Cr | ₹73.13 Cr | ₹0.12 Cr | ₹22.74 Cr |
| 31 March 2024 | ₹82.74 Cr | ₹81.12 Cr | ₹1.79 Cr | ₹32.71 Cr |
| 31 March 2025 | ₹141.10 Cr | ₹130.71 Cr | ₹7.50 Cr | ₹38.43 Cr |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROCE | 25.96% |
| Debt/Equity | 2.63 |
| RoNW | 69.16% |
| PAT Margin | 5.32% |
| EBITDA Margin | 10.43% |
| Price to Book Value | 7.81 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 5.32 | 4.10 |
| P/E (x) | 15.6 | 20.26 |
Object Of The Issue
| Objects of the Issue | Expected Amount (in Crore) |
|---|---|
| Capital Expenditure toward of the civil construction and purchase of the plant and machinery. | ₹14.46 |
| Repayment of the Term loan of the certain debt Facilities. | ₹4.48 |
| Working Capital Requirement. | ₹7.89 |
| General Corporate Purposes. | – |
✅Strengths
- Experienced promoters with 25+ years in cables.
- Wide product range – power, control, AB cables & wires.
- ISI, BIS & ISO-certified quality with NABL lab.
- Strong demand outlook – infra, EV, renewables.
- Supplies to PSUs, EPCs & electricity boards.
- Rising revenues & healthy order book.
⚠️Risks
- Tough competition from big brands & imports.
- Tech shift (fiber optics, bus ducts) may impact demand.
- High working capital & receivable pressure.
- Only 50% assets insured.
- No dividend history.
- Regulatory/tender dependency.
Prime Cable Industries IPO Promoter Holding
| Pre Issue Share Holding | 92.93% |
| Post Issue Share Holding | 68.24% |
Prime Cable Industries IPO Prospectus
Company Contact Information
| 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/ |
Prime Cable Industries IPO Registrar
| Skyline Financial Services Pvt.Ltd. Phone: 02228511022 Email: ipo@skylinerta.com Website: https://www.skylinerta.com/ipo.php |
Prime Cable Industries IPO Lead Manager(s)
| 1. Indorient Financial Services Ltd. |
Prime Cable Industries IPO FAQ
| What is Prime Cable Industries IPO? Prime Cable Industries IPO is an SME IPO. The issue is priced at ₹78 – ₹83 per equity share. The IPO is to be listed on NSE SME. |
| When Prime Cable Industries IPO will open? The IPO is to open on 22 September 2025 for QIB, NII, and Retail Investors. |
| What is Prime Cable Industries IPO Investors Portion? The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%. |
| What is the Prime Cable Industries IPO Size? Prime Cable Industries IPO size is ₹40.01 Crore. |
| What is Prime Cable Industries IPO Minimum and Maximum Lot Size for Retail? The minimum bid is 3200 Shares with ₹2,65,600 amount, while the maximum bid is 3200 Shares with ₹2,65,600. |
| What is the Prime Cable Industries IPO Allotment Date? Prime Cable Industries IPO allotment date is 25 September 2025. |
| What is the Prime Cable Industries IPO Listing Date? Prime Cable Industries IPO listing date is 29 September 2025. The IPO is to be listed on the NSE SME. |
