Prime Cable Industries IPO — Key Facts at a Glance
| Item | Detail |
|---|---|
| Issue type | SME IPO (Book-built) |
| Price band | ₹ 78 to ₹ 83 per share |
| Lot size / Minimum investment | 1,600 shares (≈ ₹ 1,32,800 at upper band) |
| Issue open / close dates | 22 September 2025 – 24 September 2025 |
| Allotment finalization date | 25 September 2025 (tentative) |
| Refunds / Share credit | 26 September 2025 (tentative) |
| Listing date | 29 September 2025 on NSE SME |
⚠️ These dates are based on announcements by financial portals and may be subject to change.
What’s the Latest GMP (Grey Market Premium)?
The grey market premium (GMP) gives an informal — and non-official — hint of market sentiment toward an upcoming IPO. For Prime Cable Industries, here’s what the sources are reporting:
- IPOCentral reports a GMP of ₹ 5 per share as of recent days.
- Some other portals also mention an estimated GMP in the ₹ 3 to ₹ 5 range.
- Note: GMP is not regulated and can vary widely. It should be treated as a rough indicator, not a guarantee.
If the GMP is ₹ 5 at a price band of ₹ 83, that implies a speculative “listing premium” of about 6% (i.e. ₹ 83 + ₹ 5 = ₹ 88). But actual listing gains may be higher or lower depending on demand, market conditions, and valuation.
How to Check the IPO Allotment Status — Step by Step
Once the allotment is finalized (here presumed 25 September 2025), here’s how you can check whether you’ve been allotted shares:
Method 1: Through the Registrar’s Website
Prime Cable’s IPO registrar is Skyline Financial Services Pvt. Ltd.
- Visit Skyline Financial’s IPO/allotment status page.
- Search by PAN, Application Number, or DP ID / Client ID.
- Submit the details — the status should show “Allotted” or “Not Allotted.”
Method 2: Stock Exchange Website (NSE / BSE)
You can also check via exchange portals (e.g. NSE SME) under their IPO / allotment section, entering your application or PAN details.
Method 3: Through Your Broker / Demat Account
Many brokers now show IPO allotment status directly in their portal or app under “IPO → Allotments.”
Method 4: Checking Demat Account
If shares are allotted, they will be credited to your demat account. You can log into your demat account (via NSDL/CDSL interface or your broker’s app) after the credit date (tentatively 26 September 2025) to see the allotment.
Sample “Check Allotment” Walkthrough
Let’s say your PAN is ABCDE1234F and your application number is 123456789. On Skyline’s website:
- Select “Prime Cable Industries IPO — Allotment Status”
- Enter PAN = ABCDE1234F
- Enter Application No = 123456789
- Click Submit / Search
- See result: “Allotted: 1,600 shares” or “Not Allotted”
If allotted, shares would reflect in your demat account after 26 September.
What to Do If You Don’t Get an Allotment
- Refund: The blocked funds (from your UPI / bank) will be automatically released or refunded as per your bank’s timelines.
- Stay Alert: Watch the listing day movement. Sometimes high GMP indicates strong listing demand.
- Learn for Next IPO: Observe how subscription trends, GMP, and valuations influence allotments.
Key Takeaways & Tips
- The allotment is expected on 25 September 2025 (tentative).
- Grey Market Premium is around ₹ 5 currently, hinting moderate optimism.
- Use Pan / Application Number / DP-ID to check status on Skyline’s website or via broker/demat portal.
- Treat GMP as merely indicative — actual listing can deviate widely.
- Be sure to monitor your bank or UPI for refund (if no allotment) or demat for credited shares (if allotted).
