Mumbai, Sept. 29 -- The scrip was listed at Rs 81, a discount of 2.41% over the initial public offer (IPO) price. The stock is currently down 3.70% over its listing price.

The counter hit a high of Rs 81 and a low of Rs 76.95. About 10.38 lakh shares of the company changed hands at the counter.

Prime Cable Industries' IPO was subscribed 7.76 times. The issue opened for bidding on 22 September 2025 and it closed on 24 September 2025. The price of the IPO was fixed between Rs 78 to Rs 83 per share.

The IPO comprised a fresh issue of 42,19,200 equity shares and offer for sale (OFS) of 6,01,600 equity shares by existing shareholders.

The company intends to utilize the net proceeds for setting up a new factory to manufacture medium voltage...