Prime Cable Industries Limited IPO Review
Neutral78-78 · SME
✦
Analyst Verdict
Prime Cable Industries Limited IPO
Neutral
IPO at a Glance
Price Band
78-78
Issue Size
40cr
Min. Investment
₹1,24,800
Opens
2025-09-20
Closes
2025-09-22
Listing
2025-09-27
Category
SME
Key Strengths
✓Diversified portfolio across control, power, aerial bunch cables, and wires.
✓Strong brand presence with “PRIMECAB” and “RENUFO.”
✓Multiple manufacturing units for flexibility and coverage.
✓Vendor approvals and BQR compliance for government tenders.
Key Risks
⚠Expansion into Medium Voltage category brings new challenges.
⚠Revenue concentrated in specific regions.
⚠Raw material price fluctuations impact supply and pricing.
⚠Intense competition from organised, unorganised, and imports.
⚠Dependence on key personnel and management expertise.
⚠Technology shifts may demand high capital investments.
Frequently Asked Questions
Should I apply for Prime Cable Industries Limited IPO?
Based on our analysis, our rating for Prime Cable Industries Limited IPO is: Neutral. Review the full analysis including strengths, risks, and financials on CheckIPO before making a decision.
What are the key risks of Prime Cable Industries Limited IPO?
Expansion into Medium Voltage category brings new challenges. Revenue concentrated in specific regions. Raw material price fluctuations impact supply and pricing.
What are the strengths of Prime Cable Industries Limited IPO?
Diversified portfolio across control, power, aerial bunch cables, and wires. Strong brand presence with “PRIMECAB” and “RENUFO.” Multiple manufacturing units for flexibility and coverage.
What is the price band of Prime Cable Industries Limited IPO?
The price band for Prime Cable Industries Limited IPO is 78-78. The IPO has closed.
Full Analysis Available
Financials, DRHP breakdown, peer comparison, shareholding pattern & more