The Indian cables market is on a solid growth track, rising at around 10% CAGR. From about ₹91,344 Crore in 2024, it’s projected to cross ₹2 lakh Crore by 2030. Prime Cable has been in this industry for a long time and is going public in September 2025.
Skyline Financial Services is registering the Prime Cable Industries IPO, while Indorient Financial Services is managing it. Check the status of the allotment.
Moreover, for a complete Prime Cable Industries IPO review, don’t forget to check out the Prime Cable Industries Limited DRHP and RHP.
Note: Half of the Prime Cable Industries IPO shares will be unlocked 30 days after allotment, while the rest will be free from lock-in restrictions after 90 days.
See the whole company profile of Prime Cable Industries here:
The key details of the Prime Cable Industries IPO are given below:
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Here are the major risks and strengths that Prime Cable Industries Limited has:
Strengths
Good Product Range: Prime Cable gives a wide basket of cables that cater to power, telecom, and industrial needs.
Established Market Presence: With years in the business, the company has built trust and a steady customer base in both domestic and export markets.
Medium Voltage Segment: Specialisation in cables gives it an edge in meeting the growing demand from infrastructure.
Capacity Expansion: Setting up a new factory for higher production, quicker deliveries, and the ability to take on bigger projects.
Risks
High Debt Load: The company is carrying borrowings, which may put pressure on cash flow.
Raw Material Dependency: Copper and aluminium prices fluctuate a lot, and any spike can directly affect margins.
Competitive Industry: The cable industry has great players, and this makes it tough to stand out without constant innovation.
Execution Challenges in Expansion: Large projects like setting up a new plant can face delays or cost overruns.
The Prime Cable Industries IPO GMP hasn’t been announced yet. However, investors can review the company’s details and DRHP information to get useful insights and make much better decisions.
Also, check the GMP here.
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1. How is the Prime Cable Industries IPO review?
Prime Cable Industries is seen as a cable manufacturer, with expansion capital as a key objective. For the latest sentiment, you can look for the Prime Cable Industries IPO allotment and GMP updates.
2. What is the Prime Cable Industries IPO date?
The IPO open date is 22 September 2025, and the closing date is 24 September 2025. But one can monitor Live subscription details in real time.
3. What is the Prime Cable Industries IPO price?
The share price is ₹78 - ₹83 as per the latest Prime Cable Industries IPO news. The final issue price will fall within this range. Also, don't forget to check the Prime Cable Industries IPO allotment details.
4. Should I use a demat account to bid for the Prime Cable Industries IPO?
Yes, a demat account is required to bid for the Prime Cable Industries IPO. Click here to get the ultimate list of the top demat account providers.