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Prime Cable Industries Limited IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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Prime Cable Industries Limited IPO

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 48,20,795 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 upto (Rs)40.10 crores ("Offer") comprising a fresh issue of [*] equity shares aggregating upto to (Rs)35.02 crores (the "Fresh Issue") and an offer for sale of 42,19,205 equity shares by Purshotam Singla ("the Selling Shareholder" or "Promoter Selling Shareholder") ("Offer for Sale") aggregating upto to (Rs)4.99 crores, out of which 60,15,90 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 eligible employees of the company (the "Employees Reservation Portion") and [*] equity shares of face value of (Rs)5/- each, at an offer price of (Rs)[*] per equity share for cash, aggregating (Rs)[*] will be reserved for subscription by the market maker to the offer (the "Market Maker Reservation Portion"). The offer less employee reservation portion and market maker reservation portion i.e. offer of [*] equity shares of face value of (Rs)5/- each, at an offer price of (Rs)[*] per equity share for cash, aggregating up to (Rs)38.01 crores is hereinafter referred to as the "Net Offer". The offer and net offer will constitute [*]% and [*]% respectively of the post-offer paid-up equity share capital of the company.

Issue Money Payable On
Opens On Closes On Application Allotment
22-Sep-25 24-Sep-25 (Rs)83.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :1600  Further Multiples of :1600

  (Rs Cr) Lead Managers to the Issue
Project Cost 0.00
Indorient Financial Services Limited
Project Financed through Current Offer 40.01  
Post Issue Equity Share Capital 9.16  
Issue Price (Rs)83.00  
 
Projects
Capital Expenditure toward of the civil construction and purchase of the plant and machinery(1)Working 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