
Prime Cable Industries is a major Indian manufacturer of low-voltage control cables, power cables, aerial bunch cables, housing and building wires, and conductors. The company has two manufacturing facilities in Delhi and Rajasthan. Its main customers are in the power transmission, distribution, and generation sectors. In FY25, control cables accounted for ₹72.01 crore, or 51.09% of revenue, while power cables made up 32.49%. Meanwhile, around 74.5% of revenue came from government contracts and EPC tenders, with power transmission being the largest segment, contributing ₹52.55 crore, or 37.38%. The company has a client retention rate above 65% and stands at an order book of ₹84.27 crore. IPO Objective
Bidding starts for all investor categories
Last day to place your bid
Share allotment finalised
Refunds credited for non-allottees
Allotted shares credited to demat account
Shares list on NSE / BSE
Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.
| Investor Type | Min Lots | Min Shares | Min Amount | Max Lots | Max Amount | Notes |
|---|---|---|---|---|---|---|
| Retail / Individual | 1 | 1600 | ₹132,800 | 1 | ₹132,800 | 1 lot only |
| HNI | 2 | 3200 | ₹265,600 | 2 | ₹265,600 | Min 2 lots |
| Category | Reservation | Shares Offered | Amount (₹ Cr) | Shares Bid | Subscribed | Allotment % |
|---|---|---|---|---|---|---|
| QIB | 50% | 2,484,472 | 20 | 0 | 0.00x | 100% |
| NII | 15% | 745,342 | 6 | 0 | 0.00x | 100% |
| Retail | 35% | 1,739,130 | 14 | 0 | 0.00x | 100% |
Retail is a lottery-based allotment when oversubscribed; QIB/NII get pro-rata. Probability ≈ 1 / subscription times (100% if under-subscribed).