Prime Cable Industries Limited IPO

Apply 0
Avoid 0

Closing in

Days
Hours
Mins
Secs

Don't Miss It! Mark Your Calender Now:


Prime Cable Industries has been engaged in the manufacturing and sale of cables and wires for the past 17 years. The Company manufactures low-voltage (up to 1.1 KV) control cables, power cables, aerial bunch cables, instrumentation cables, housing/building wires, and conductors. Its products cater to a wide range of industries, including EPC players, electricity boards, public sector undertakings (PSUs), oil & gas, mining, steel, real estate, and electric panel builders.

The Company manufactures and sells cables primarily under the brand names “PRIMECAB” and “RENUFO”.

Product Portfolio

Prime Cable Industries offers a wide range of products, includes Control Cables, Power Cables, Aerial Bunch Cables, Instrumentation Cables, Housing/Building Wires and Conductors

Clientele and Industries Served

The Company supplies its products to a diverse customer base, including leading EPC players, electricity boards, and public sector undertakings (PSUs) engaged in power generation, transmission, and distribution. It also caters to industries such as oil & gas, mining, steel, real estate, and electric panel builders, ensuring a strong presence across multiple sectors.

Competitive Strengths

i) Long-standing relationships with distinguished clientele leading to recurring business.
ii) Pan-India vendor approvals and established bid-qualification requirements (BQR) for government tenders.
iii) Stringent quality measures and adherence to recognized standards.
iv) Unique positioning in the cables & wires market.
v) An experienced and committed management team.

Objects of the Prime Cable Industries Limited IPO:

Company proposed to be utilised The Net Proceeds for the following objects: 1. Setting up a new factory to manufacture Medium Voltage (Up to 33 KV) Cables & Covered Conductors (₹14.45 cr) 2. Repayment/prepayment of certain outstanding borrowings (₹4.47 cr) 3. Working Capital requirements (₹7.05 cr) 4. General Corporate Purposes
DRHP of Prime Cable Industries Limited IPO
RHP of Prime Cable Industries Limited IPO

Prime Cable Industries Limited IPO Details:

Open Date: Sep 22 2025
Close Date: Sep 24 2025
Total Shares: 48,20,800
Face Value: ₹ 5 Per Equity Share
Issue Type: Book Building
Issue Size: 40.01 Cr.
Lot Size: 1600 Shares
Issue Price: ₹ 78-83 Per Equity Share
Listing At: NSE Emerge
Listing Date: Sep 29 2025

Promoters And Management:

1. Purshotam Singla, aged 56 years, is the Promoter and Managing Director of the Company. He has been associated with the Company since its incorporation on December 5, 2008. Prior to this, he was engaged with the proprietorship firm Prime Cable Industries. With over 28 years of experience in the cable manufacturing industry, he continues to provide strategic direction and leadership to the Company. 2. Nikunj Singla, aged 29 years, is the Promoter and Whole-Time Director of the Company. He has been associated with the Company since November 13, 2018. He holds a Bachelor of Commerce (Honours) degree from Delhi University and a Post Graduate Program in Global Family Managed Business certificate from SP Jain School of Global Management. With over 6 years of experience in the cable industry, he also serves as a Director and Co-founder at 3Dexter Education Private Limited. 3. Naman Singla, aged 31 years, is the Promoter and Whole-Time Director of the Company. He has been associated with the Company since November 13, 2018. He holds a Bachelor of Business Economics degree from the University of Delhi and has more than 6 years of experience in the cable industry. He also serves as a Director at 3Dexter Education Private Limited.

Financials of Prime Cable Industries Limited IPO:

Particulars FY2024-2025 FY 2023-2024 FY 2022-2023
Revenue from Operations 140.94 82.49 73.25
EBITDA 14.7 4.58 2.75
EBITDA Margins 10.43% 5.56% 3.75%
PAT 7.5 1.79 0.12
PAT Margins 5.32% 2.16% 0.17%
ROCE 25.96% 10.61% 8.43%
Debt to Equity Ratio(In Times) 2.63 4.61 4.28
Operating Cash Flows 3.43 1.14 -0.98

Comparison With Peers:

Companies Revenue (in cr) EBITDA Margins PAT Margins ROCE D/E Ratio MCap (in cr) P/E
Prime Cables Industries Limited 140.94 10.43% 5.32% 25.96% 2.63 152.06 20.27
V- Marc India Limited 896 11% 4.00% 26.40% 0.92 1,121 31.1
Dynamic Cables Limited 1025 10% 6.92% 26.40% 0.16 2,087 29.2
Ultracab (India) Limited 239 8% 3.76% 17.40% 0.39 123 13.2

Lead Manager of Prime Cable Industries Limited IPO:

  1. Indorient Financial Services

Registrar of Prime Cable Industries Limited IPO:

  1. Skyline Financial Services Private Ltd

Discussion on Prime Cable Industries Limited IPO:

Leave a Reply