Classic Electrodes (India) Ltd
Price Range
₹82 - ₹87
-
Min. Quantity
1,600 Shares
Closes on
26 August 2025
-
Min. investment
₹1,39,200
Classic Electrodes (India) Ltd IPO Timeline
Classic Electrodes (India) Limited was originally incorporated as Classic Electrodes (India) Private Limited' dated September, 30, 1997, issued by the Registrar of Companies, Kolkata. Thereafter, Company name changed from Classic Electrodes (India) Private Limited' to Classic Electrodes (India) Limited', consequent to conversion of Company from Private to Public Limited on April 18, 2009 and a fresh Certificate of Incorporation was issued by the Registrar of Companies, Kolkata on June 13, 2009.
| Event | Date |
|---|---|
| Classic Electrodes (India) Ltd IPO Opening Date | 22 August 2025 |
| Classic Electrodes (India) Ltd IPO Closing Date | 26 August 2025 |
| Basis of Allotment | 28 August 2025 |
| Initiation of Refunds | 28 August 2025 |
| Credit of Shares to Demat | 29 August 2025 |
| Classic Electrodes (India) Ltd IPO Listing Date | 1 September 2025 |
Classic Electrodes (India) Ltd IPO Details
| Classic Electrodes (India) Ltd IPO Date | 22 August 2025 to 26 August 2025 |
| Classic Electrodes (India) Ltd IPO Face Value | ₹10 per share |
| Classic Electrodes (India) Ltd IPO Price | ₹82 to ₹87 per share |
| Classic Electrodes (India) Ltd IPO Lot Size | 1,600 |
| Issue Size | Shares of ₹10 (aggregating up to ₹41.51 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹41.51 Cr) |
| Offer for Sale | - |
| Issue Type | Book Building - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | Not more than 8,99,200 of the Net Offer |
| Retail Shares Offered | Not less than 15,72,800 of the Net Offer |
| NII (HNI) Shares Offered | Not less than 6,75,200 of the Net Offer |
| Company Promoters | Hanuman Prasad Agarwal, Sushil Kumar Agarwal, Nitesh Agarwal |
Classic Electrodes (India) Ltd IPO Lot Size
The Classic Electrodes (India) Ltd IPO lot size is 1,600 shares. A retail-individual investor can apply for up to 1 lots (1,600 shares or ₹1,39,200).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 1,600 | ₹1,39,200 |
| Maximum | 1 | 1,600 | ₹1,39,200 |
- Strengths
- Risks
- Opportunities
- We hold a prominent position in the welding electrodes and Mig Wires market.
- We possess a highly skilled and experienced team with strong engineering expertise. This talent pool allows us to conceptualize and deliver innovative fixture solutions tailored to our clients' needs.
- We are equipped with hi-tech, advanced machinery that enhances our production capabilities and ensures precision in manufacturing.
- PAN India offerings: Our company has such capabilities and experience that it can efficiently cater to clients' requirements across the entire country, ensuring timely deliveries and superior service.
- We possess advanced facilities and a talented pool of resources, enabling us to undertake diverse industrial fabrication projects.
Company Financials
Classic Electrodes (India) Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 02-2025 | 116.34 | 187.9 | 9.57 |
| 03-2024 | 92.2 | 194.41 | 12.28 |
| 03-2023 | 76.79 | 151.13 | 2.08 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Funding capital exp of the company to purchase plant and machinery
- Repayment of a portion of certain outstanding borrowings availed by the company
- Funding the working capital requirements of the company
- General corporate purposes
Classic Electrodes (India) Ltd IPO Promoter Holding
| Pre Issue Share Holding | 4.93% |
| Post Issue Share Holding | 3.62% |
Classic Electrodes (India) Ltd IPO Subscription Status (Bidding Detail)
The Classic Electrodes (India) Ltd IPO is subscribed 165.3875 times on 26 August 2025 05:00:00 PM. The public issue subscribed 158.5209 times in the retail category, 84.8772 times in the QIB category, and 357.1872 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | 84.8772 | 357.1872 | 158.5209 | - | 165.3875 |
Classic Electrodes (India) Ltd IPO Prospectus
Classic Electrodes (India) Ltd IPO Listing Date
| BSE Script | - |
| NSE Symbol | - |
| Listing In | NSE - SME |
| ISIN | INE0UQ601012 |
| IPO Price | ₹87 |
| Face Value | ₹10 |
Company Contact Information
1 A Bonfied Lane,Kolkata-700001
Phone: +91 83360 07981
Email: compliance@classicelectrodes.com
Website: www.classicelectrodes.com
Classic Electrodes (India) Ltd IPO Registrar
Classic Electrodes (India) Ltd IPO Lead Manager(s)
- GYR Capital Advisors Pvt Ltd
FAQ
What is the issue size of Classic Electrodes (India) Ltd IPO?
I have pre-applied for Classic Electrodes (India) Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.