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IPO

IPO Synopsis
Prime Cable Industries Limited
Registered Office: E-894 DSIDC,Industrial Area , Narela - 110040 , Delhi , India.
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 Money Payable On
Opens On Closes On Application Allotment
22-Sep-25 24-Sep-25 Rs83.00-0.00 Rs0.00-0.00
Minimum Application for shares in Nos :3200  Further Multiples of :1600

  Rs Cr Lead Managers to the Issue
Project Cost 30.91
Indorient Financial Services Limited
Project Financed through Current Offer 40.04  
Post Issue Equity Share Capital 9.16  
Issue Price Rs83.00  
 
Projects
Setting up a new factory to manufacture Medium Voltage (Up to 33 KV) Cables & Covered ConductorsWorking Capital Requirement
Repayment of the Term loan of the certain debt FacilitiesGeneral Corporate Purposes*
Promoted By
Purshotam Singla
Naman Singla
Nikunj Singla
Listing At
NSE - SME 
Registrar to the Issue
Skyline Financial Services Pvt