
Electricals & Electronics · NSE
Prime Cable Industries Limited, established in 1997, is an Indian cable manufacturer producing a wide range of ISI-marked wires and cables under the brands “PRIMECAB” and “RENUFO.” Its product portfolio includes LT PVC/XLPE power cables, control cables, aerial bunched cables, and communication cables, serving industries such as power generation, transmission and distribution, oil and gas, mining, steel, and real estate. Known for its focus on certified quality, the company continues to expand its presence, and as of April 30, 2025, it employed 144 people across different departments.
Price Band
₹78 – ₹83
Issue Size
₹40.01 Cr
Lot Size
1600 shares
GMP
+3.6%
Est. Listing
₹86
at current GMP
Subscribed
6.85x
overall
Open
22 Sep 2025
Close
24 Sep 2025
Allotment
25 Sep 2025
Refund
26 Sep 2025
Demat Credit
27 Sep 2025
Listing
29 Sep 2025
Designated Registrar: Skyline Financial Services Private Limited
Allotment Date
25 Sep 2025
Basis finalization
Refunds Initiate
26 Sep 2025
Mandate release
Demat Credit
27 Sep 2025
Shares in demat
Listing Debut
29 Sep 2025
Trading begins
Prime Cable Industries Limited is bringing an initial public offering (IPO) in the Electricals & Electronics sector with an aggregate issue size of ₹40.01 Crores. The shares are offered at a price band of ₹78 to ₹83 per equity share on NSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2025-09-24, the basis of allotment is scheduled to be finalized on 2025-09-25. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Skyline Financial Services Private Limited) or the BSE allotment checking window.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.