Prime Cable Industries IPO Allotment Status: Check Latest GMP, Steps To Verify Status
The bidding window for Prime Cable Industries SME IPO was open from September 22, 2025, to September 24, 2025. The basis of allotment will be finalised today, September 25, 2025. Here’s how you can check the IPO allotment status.
Procedure to Check Prime Cable Industries IPO Allotment Status Online On NSE
- Visit the NSE’s IPO allotment verification status page here
- Select “Equity & SME IPO bid details”
- In Select Symbol, select “PRIMECAB”
- Enter your PAN and Application number
- Click “Submit”
Procedure to Check Prime Cable Industries IPO Allotment Status on Skyline Financial Services Limited (Registrar to the issue)
- Visit the IPO allotment verification status page here
- Select “ Prime Cable Industries LIMITED” under “Select Company”
- Enter any of the following details:
- DPID/Client ID
- Application Number
- PAN
- Click “Search”
IPO Details
Prime Cable Industries IPO is a book-building issue of ₹40.01 crores, consisting of a fresh issue of ₹35.02 crores and an offer for sale of ₹4.99 crores. The price band is set at ₹78 to ₹83 per share. The tentative listing on NSE Emerge is scheduled for September 29, 2025.
Indorient Financial Services Limited is the book-running lead manager, and Skyline Financial Services is the registrar for the issue.
Use of Proceeds
The net proceeds from the fresh issue will be used towards the following purposes:
- Fund working capital requirements
- Repayment of outstanding loans
- General corporate purposes
- Setting up a new factory to manufacture medium voltage (Up to 33 KV) cables & covered conductors
Prime Cable Industries IPO – Overall Subscription Status
(September 24, 2025, end of the day)
|
Category |
Subscription (times) |
|
Qualified Institutional Investors (QIBs) |
9.91 |
|
Non-Institutional Investors |
9.38 |
|
Individual Investors (IND category bidding for 2 Lots) |
6.89 |
|
Total |
8.28 |
Prime Cable Industries IPO GMP Details
As of 24 September 2025, Prime Cable Industries' IPO's GMP stood at ₹3. The estimated listing price is ₹86, i.e., a 3.61% gain per share over the upper price band.
|
Source: InvestorGain Report dated 24 September 2025 Disclaimer: The GMP (Grey Market Premium) price is an unauthenticated market related news and has no discernible basis. The same quoted above is as per news appeared in the media report and is for information purposes only. The investor shall do their own study/research before using the same for taking any decision to invest. We neither engage in, trade, or deal in the grey market nor we recommend or endorse trading in the grey market. |
Prime Cable Industries Business Overview
Prime Cable Industries is engaged in the manufacturing and supply of cables and wires, catering to a broad spectrum of industries, including power generation, transmission, and distribution utilities, oil & gas, mining, steel, real estate, and electrical panel manufacturing.
Disclaimer: This news is solely for educational purposes. The securities/investments quoted here are not recommendatory.
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