Archive · 19 Nov 2025
Prem Cables Secures ₹66 Crore in Pre-IPO Funding
Prem Cables, an Indian power cable and conductor manufacturer, got ₹66 crore from investors to grow its business.
This money will help it make more of its high-profit products.
The company is ready to benefit from India's plans to improve its power infrastructure and use more renewable energy.
Prem Cables Pvt. Ltd. (PCPL) raised ₹66 crore in a late-stage Pre-IPO round
Caprize Investment Managers led the round, with participation from multiple investors
PCPL offers aluminium and copper power cables, conductors, and wire rods
The company is expanding capacity to focus on high-margin products
PCPL is positioned to benefit from India's capital expenditure in transmission infrastructure and renewable energy
- Who
- Prem Cables Pvt. Ltd. (PCPL) and investors including Caprize Investment Managers
- What
- Secured ₹66 crore in a late-stage Pre-IPO funding round
- When
- Recently
- Where
- India
- Why
- To expand capacity and focus on high-margin products, and to benefit from India's infrastructure and renewable energy plans
Investors' View
Company's View
Funding Purpose
Investors' View
To provide late-stage growth capital for scale and long-term value creation
Company's View
To expand capacity and focus on high-margin products
- Founded
- Over 60 years ago
- Products
- Aluminium and copper power cables, conductors, wire rods
- Active Order Book
- ₹650 crore
- Capacity Expansion
- ₹175 crore
- Investment Firm
- Caprize Investment Managers