Applying for an IPO is now a straightforward digital process. With a trading and Demat account, investors can submit their bids online, track allotment, and manage applications in just a few steps. The process is guided by the exchange framework, ensuring transparency and efficiency.
For applicants considering the Prime Cable Industries IPO, the same procedure applies through trading platforms enabled with UPI payment. By following simple steps, investors can ensure their applications are submitted correctly. Learn more about the Prime Cable Industries IPO.
Prime Cable Industries IPO Application Process
The IPO application process involves logging into your trading platform, selecting the IPO, entering bid details, confirming payment through UPI, and then tracking allotment. Below are the step-by-step details:
Step 1: Login to Your Trading Platform
Access your broker’s online trading or investment platform.
Step 2: Navigate to the IPO Section
Locate the IPO or equity offerings tab within your account dashboard.
Step 3: Select the Open IPO and Click Apply
Choose Prime Cable Industries IPO from the list of open issues.
Step 4: Enter the Quantity of Shares You Wish to Apply For
Input the number of lots or shares within the permitted bid range.
Step 5: Provide Your UPI ID
Enter a valid UPI ID to authorise the payment mandate.
Step 6: Confirm the Application
Review all details, then submit the application request for processing.
Step 7: Complete the Process and Wait for IPO Allotment Status
Approve the UPI mandate before the cut-off time. Allotment status can later be checked via registrar or broker platforms.
Additional Read: Prime Cable Industries IPO Investment Guide: Objectives & Opportunities
About Prime Cable Industries IPO: Overview and Key Facts
Prime Cable Industries Ltd., established in 1997, is engaged in manufacturing ISI-certified wires and cables under its “PRIMECAB” and “RENUFO” brands. Its product portfolio includes LT PVC/XLPE power, control, and aerial bunched cables.
The company serves multiple industries, including power, oil & gas, mining, steel, and real estate. Its approvals across states allow participation in government tenders, supporting recurring business opportunities.
The IPO is valued at ₹40.01 crore, with ₹35.02 crore as fresh issue and ₹4.99 crore as offer for sale. Shares are proposed to be listed on NSE SME.
Subscription for the issue opens on September 22, 2025 and closes on September 24, 2025. Allotments are expected on September 25, with listing scheduled for September 29, 2025.
Interested in more opportunities? Check out our Upcoming IPO section for new listings and don’t forget to check your Prime Cable Industries IPO allotment status.