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.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 standardsExperienced and Committed Management Team.
| Category | Shares Offered* | Total Amt* (₹ Cr.) |
|---|---|---|
|
Anchor
|
241,600 | ₹2.010 |
|
QIB (Ex Anchor)
|
2,288,000 | ₹18.990 |
|
NII
|
688,000 | ₹5.710 |
|
Retail
|
1,606,400 | ₹13.330 |
| Total ** | 4,824,000 | ₹40.040 |
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min — 2 Lots) | 2 | 3,200 | ₹265,600 |
| Retail (Max — 13 Lots) | 13 | 20,800 | ₹1,726,400 |
| S-HNI (Min — 14 Lots) | 14 | 22,400 | ₹1,859,200 |
| S-HNI (Max — 66 Lots) | 66 | 105,600 | ₹8,764,800 |
| B-HNI (Min — 67 Lots) | 67 | 107,200 | ₹8,897,600 |
| Category | QIB | NII | Retail | Total | ||||
|---|---|---|---|---|---|---|---|---|
| Ex. Anchor | Anchor Investor | Total QIB | Below ₹10L | Above ₹10L | Total NII | |||
| Allocation (No. of shares) | — | — | — | — | — | 688,000 | 1,606,400 | 2,294,400 |
| Allotment price (Rs.) | 83 | 83 | 83 | 83 | 83 | 83 | 83 | 83 |
| No. of applications | — | — | — | — | — | — | — | — |
| No. of shares applied | — | — | — | — | — | — | — | — |
| Amount collected (Rs.cr.) | 18.99 | 2.01 | 21.00 | — | — | 5.71 | 13.33 | 40.04 |
| No. of times subscribed | — | — | — | — | — | — | — | — |
| No. of shares allotted | — | — | — | — | — | 688,000 | 1,606,400 | 2,294,400 |
| Amount (Rs.cr.) | 18.99 | 2.01 | 21.00 | — | — | 5.71 | 13.33 | 19.04 |
| No. of allottees | — | — | — | — | — | — | — | — |
| Category | Shares Offered | Amt (₹ Cr) | Size (%) |
|---|---|---|---|
| Anchor / Market Maker | 241,600 | ₹2.01 |
5.01%
|
| QIB (Ex Anchor) | 2,288,000 | ₹18.99 |
47.43%
|
| NII / HNI | 688,000 | ₹5.71 |
14.26%
|
| Retail (RII) | 1,606,400 | ₹13.33 |
33.30%
|
| Total | 4,824,000 | ₹40.04 |
100.00%
|
| Particulars | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue from Operations | 141.10 | 82.74 | 73.73 |
| EBITDA | 14.71 | 4.59 | 2.75 |
| Profit After Tax (PAT) | 7.50 | 1.79 | 0.12 |
| Net Worth | 14.60 | 7.10 | 5.31 |
| Total Assets | 92.08 | 48.44 | 39.09 |
| Reserves & Surplus | 7.73 | 6.47 | 4.68 |
| Total Borrowings | 38.43 | 32.71 | 22.74 |
| EBITDA Margin (%) | 10.43% | — | — |
| PAT Margin (%) | 5.32% | — | — |
Prime Cable Industries Ltd. proposes to utilize the net proceeds raised through this IPO for the following objects as stated in the Draft Red Herring Prospectus (DRHP) filed with SEBI: