New Delhi, Nov. 19 -- Prem Cables Pvt. Ltd.(PCPL), a manufacturer in India's power cable and conductor sector, has secured Rs.66 crore in a late-stage Pre-IPO round led by Caprize Investment Managers. The round also saw participation from several investors, including the Elegant Marbles Family Office, GeeCee Ventures, Morde Foods Family Office, Ativir Financial Services, India emerging Infrastructure Fund alongside Caprize Ventures.

With a legacy of over 60 years, Prem Cables offers a range of products such as aluminium and copper power cables, conductors, and wire rods. The company is currently executing roughly 175 crores in capacity expansion focusing on high-margin products including HT and solar cables, AL59 and HTLS conductors, MVC...