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Prime Cable Industries Limited

Prime Cable Industries Limited

    Registered Office : E-894 DSIDC,Industrial Area,Narela Delhi 110040 Phone : 011-4561 1750
    Fax :

    Email : compliance@primecabindia.com

    Website : www.primecabindia.com

Initial public offer of up to 48,24,000 equity shares of face value of Rs. 5/- each ("Equity Shares") of the company at an offer price of Rs. 83 per equity share (including a share premium of Rs.78 per equity share) for cash, aggregating up to Rs. 40.04 crores ("Offer") comprising a fresh issue of 42,22,400 equity shares aggregating up to to Rs. 35.05 crores (the "Fresh Issue") and an offer for sale of 6,01,600 equity shares by Purshotam Singla ("the Selling Shareholder" or "Promoter Selling Shareholder") ("Offer for Sale") aggregating up to to Rs. 4.99 crores, out of which 2,41,600 equity shares of face value of Rs. 5 each, at an offer price of Rs. 83 per equity share for cash, aggregating Rs. 2.01 crores will be reserved for subscription by the market maker to the offer ( the " Market Maker Reservation Portion" ). the Offer less market-maker reservation i.e. offer of 45,82,400 equity shares of face value of Re. 5 each, at an offer price of Rs. 83 per equity Share for cash, aggregating up to Rs. 38.04 Crore is hereinafter Referred to as the "Net Offer". the offer will constitute 26.33% and 25.01% Respectively of the post-Offer paid-up Equity share capital of the company. Price Band: Rs.83/- for equity share of face value of Rs.5 each. The floor price is 16.60 times times the face value of the face value of the equity shares. Bids can made for a minimum of 1,600 equity shares and in multiples of 1,600 equity shares thereafter.

Issue

Opens On

Closes On

22-Sep-2025

24-Sep-2025

Money Payable On

Application

Allotment

83.00

0.00

Minimum Application for shares in Nos : 3200.0 Further Multiples of : 1600.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

30.91

40.04

9.16

83.00

Indorient Financial Services Limited

Projects
  • Setting up a new factory to manufacture Medium Voltage (Up to 33 KV) Cables & Covered Conductors
  • Repayment of the Term loan of the certain debt Facilities
  • Working Capital Requirement
  • General Corporate Purposes*
Promoted By
  • Purshotam Singla
  • Naman Singla
  • Nikunj Singla
Listing At
  • NSE - SME
Registrar to the Issue
  • Skyline Financial Services Pvt