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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.
Opens On
Closes On
22-Sep-2025
24-Sep-2025
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
- 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*
- Purshotam Singla
- Naman Singla
- Nikunj Singla
- NSE - SME
- Skyline Financial Services Pvt
