Prime Cable Industries Limited IPO Price Range is ₹78 - ₹83, with a minimum investment of ₹1,32,800 for 3200 shares per lot.
Subscription Rate
0.376x
as on 22 Sep 2025, 05:00PM IST
Minimum Investment
₹1,32,800
/ 3200 shares
IPO Status
Live
Price Band
₹78 - ₹83
Bidding Dates
Sep 22, 2025 - Sep 24, 2025
Issue Size
₹40.01 Cr
Lot Size
3200 shares
Min Investment
₹1,32,800
Listing Exchange
NSE
Long standing relationships with distinguished clientele leading to recurring business.
Vendor Approvals & established Bid-Qualification Requirements (BQR) for Government Tenders.
Stringent quality measures and adherence to quality standards.
Experienced and Committed Management Team.
Unique positioning in the Cables & Wires Market.
We depend on the success of our relationships with our customers, specially Government entities and the contractswith such entities are typically awarded to us on satisfaction of prescribed pre-qualification criteria and following acompetitive bidding process. We derive a significant portion of our revenue from Government entities directly orthrough EPC contractors and we do not have long term contracts with these customers. If one or more of suchcustomers choose not to source their requirements from us, our business, financial condition and results ofoperations may be adversely affected.
We rely substantially on our top 10 suppliers of raw materials used in our manufacturing processes. Any shortages,delay or disruption in the supply of the raw materials we use in our manufacturing process may have a materialadverse effect on our business, financial condition, results of operations and cash flows.
Any increase or fluctuations in the raw material prices may adversely impact the pricing and supply of our productsand have an adverse effect on our business, financial condition, results of operations and cash flows.
Our business is dependent and will continue to depend on our Manufacturing Units. Any disruption, breakdown orshutdown of our Manufacturing Units may have a material adverse effect on our business, financial condition, resultsof operations and cash flows.
Our Company does not own the premises in which our registered office, corporate office, manufacturing units andour warehouse are located and the same are on lease arrangement. Any termination of such lease/license and/ornon-renewal thereof and attachment by property owner could adversely affect our operations.
We generate our major portion of sales from our operations in certain geographical regions especially Bihar, UttarPradesh, Madhya Pradesh and Karnataka. Any adverse developments affecting our operations in these regions couldhave an adverse impact on our revenue and results of operations.
As of March 31, 2025, our debt-to-equity ratio is significantly high at 2.63. We have availed a substantial debtamounting to Rs. 5,283.91 as of August 31, 2025. Any inability to service this debt or adhere to the covenants stipulatedin our financing agreements could materially and adversely impact our business operations, financial condition, andoverall performance.
Any changes in international trade policies and increased trade tariffs including possibility of economic or tradesanctions by the U.S. could adversely affect our business, financial condition and results of operations.
Some of the immediate relatives of our Promoters, who are deemed to be a part of the Promoter Group under SEBIICDR Regulations have not provided consent, information or any confirmations or undertakings pertaining tothemselves which are required to be disclosed in relation to a member of the Promoter Group in this Red HerringProspectus.
We operate in a labor-intensive industry and are subject to stringent labor laws and any strike, work stoppage orincreased wage demand by our employees or any other kind of disputes with our employees could adversely affect ourbusiness, financial condition, results of operations and cash flows.