Prime Cable Industries Limited IPO Day 2 Subscriptions Status: Check Bidding Details

Summary of IPO:

Prime Cable Industries Limited IPO consists of an offer for sale of 4.99 shares and a fresh issue of ₹35.02. The IPO’s price band is ₹78 – ₹83 per share. The company’s shares will be listed on NSE - SME on 29 Sep 25

The initial public offering of Prime Cable Industries Limited ended the second day with investors bidding 0.7204 times the available shares. The retail investor portion of the IPO was subscribed 0.6287 times the available shares on offer. Retail investors have 1,603,195 / 3,451,200 (46.45%) shares of the total issue reserved for them.

At the end of bidding on day 2, the qualified institutional buyers 721,600 / 2,486,400 (29.02%) portion of the IPO got bids for 0.7885 times the available shares on offer. The QIB portion includes insurance companies, domestic mutual funds, foreign institutional buyers, and other institutional investors.

The non institutional investors quota got bids for 1.1 times the available quota of shares. This segment includes HNI and ultra HNI investors.

Here are the key details of Prime Cable Industries Limited IPO

Offer for sale: 4.99 shares 

Fresh issue: 35.02 

Price Band: ₹78 – ₹ 83 per share 

Bid open dates: 22 Sep 25 

Allotment date: 25 Sep 25 

Listing date: 29 Sep 25