Classic Electrodes (India) Limited IPO

NSE SME

Offer Date: Aug 22, 2025 - Aug 26, 2025

Exp. Premium: 15-18 (17.24%)

₹ 139200 /1600 Shares

*Expected Premium provided in this app is derived from market rumors. It is not a guaranteed indicator of the actual listing price and should be interpreted with caution.

Classic Electrodes (India) IPO Details

22 Aug, 2025

Open Date

26 Aug, 2025

Close Date

28 Aug, 2025

Allotment Date

01 Sep, 2025

Listing Date

Issue Price

₹82-87 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

MUFG Intime India Private Limited

Market Lot

Individual(Retail)(Min) : 3200 Shares (₹278,400/-)
Individual(Retail)(Max) : 3200 Shares (₹278,400/-)
HNI(Min) : 4800 Shares (₹417,600/-)

Lead Manager

GYR Capital Advisors Private Limited

Issue Size

47,71,200 shares(aggregating up to ₹41.51 Cr)

Retail Portion

35%

Subscription

N/A times

IPO Docs

DRHP

Classic Electrodes (India) IPO Details

Classic Electrodes (India) Limited IPO is an SME IPO, priced at ₹82-87 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform. The IPO comprises a total issue of 47,71,200 equity shares, aggregating up to ₹41.51 crores..

The IPO bidding window is open from Aug 22, 2025 to Aug 26, 2025. The allotment is expected to be finalized on Aug 28, 2025, and the tentative listing date is Sep 1, 2025.

The minimum lot size for retail investors is 3200 shares, with a minimum investment of ₹2,78,400. For HNIs, the minimum application size is 3 lots , amounting to ₹ 4,17,600.

GYR Capital Advisors Private Limited is acting as the lead manager to the issue. The registrar of the IPO is MUFG Intime India Private Limited, and

Classic Electrodes (India) Valuations

EPS Pre IPO

₹/-

EPS Post IPO

₹/-

P/E Pre IPO

P/E Post IPO

ROE

ROCE

Debt/Equity

RoNW

PAT Margin

Price to Book Value

Classic Electrodes (India) Company Financials All values are in ₹ Cr.

	31-Mar-24	31-Mar-23	31-Mar-23
Assets	92.2	N/A	N/A
Revenue	194.41	N/A	N/A
Profit After Tax	12.28	N/A	N/A
Net Worth	33.92	N/A	N/A
Reserves & Surplus	28.64	N/A	N/A
Total Borrowing	45.73	N/A	N/A

About The Company

Founded in 1997 and having its headquarters in Kolkata, West Bengal, Classic Electrodes (India) Limited is a well-known Indian manufacturer dealing in welding consumables, such as electrodes and MIG wires.The firm produces welding electrodes and offers engineering solutions to national and overseas consumers.Classic Electrodes deals in a wide variety of welding consumables for use in different industrial processes.

Their products include:
Mild Steel Electrodes: Ideal for general-purpose welding operations.
Stainless Steel Electrodes: Specially designed for resistance welding applications against corrosion.
Cast Iron Electrodes: Suitable for fixing cast iron parts.
Deep Penetration Electrodes: Specially developed for heavy-duty welding needs.
MIG Wires: Applied in metal inert gas welding operations.

The company operates two units of manufacturing: Unit I at Dhulagarh, West Bengal, and Unit II at Jhajjar, Haryana. Unit III was previously in Bahadurgarh, Haryana, and closed in FY 2023-2024. Units are strategically positioned within West Bengal to facilitate access through numerous modes of transportation for effective distribution of products, procurement of raw materials, and customer accessibility.

On July 31, 2024, the company had 78 permanent employees.

Classic Electrodes (India) - Promoter(s)

Pre Issue Share Holding: 97.73%

Post Issue Share Holding: 71.77%

Company Promoter(s)

Mr. Hanuman Prasad Agarwal
Mr. Sushil Kumar Agarwal
Mr. Nitesh Agarwal
Mr. Sunil Kumar Mittal
M/s Alltime Suppliers Private Limited

Classic Electrodes (India) IPO - Issue Objectives

Funding capital expenditure of our company to purchase Plant and Machinery
Repayment of a portion of certain outstanding borrowing availed by the company
Funding the working capital requirements of the company
General Corporate Purposes

Other Details

Company Contact Details

Classic Electrodes (India)

1 A, Bonfield Lane, Kolkata, West Bengal, 700001

Phone: +91 8336007981

Email: compliance@classicelectrodes.com

Website: http://www.classicelectrodes.com/

Registrar Contact Details

MUFG Intime India Private Limited (Link Intime)

Phone: +91-22-4918 6270

Email: classicelectrodes.ipo@linkintime.co.in

Website: https://in.mpms.mufg.com/Initial_Offer/public-issues.html

Classic Electrodes (India) IPO - FAQs

Ans. Classic Electrodes (India) Limited IPO is a SME IPO. The issue is priced at ₹82-87 per equity share. The minimum order quantity is 1600 Shares. The IPO opens on Aug 22, 2025, and closes on Aug 26, 2025. MUFG Intime India Private Limited is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Ans. The Classic Electrodes (India) Limited IPO opens on Aug 22, 2025 and closes on Aug 26, 2025.

Ans. The size of Classic Electrodes (India) Limited IPO is 47,71,200 shares(aggregating up to ₹41.51 Cr).

Ans. The IPO price band is set between ₹82-87 per equity share.

Ans. To apply for Classic Electrodes (India) Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Classic Electrodes (India) Limited IPO in the List of IPOs
- Press "Apply" Button
- Select Your Demat Account
- Select Your Shares Quantity and Submit
- Track Your IPO Status

Ans. The share allotment date of Classic Electrodes (India) Limited IPO is Aug 28, 2025.

Ans. The Classic Electrodes (India) Limited IPO will be listed on Sep 1, 2025.

Ans. Follow the steps to check the allotment status for Classic Electrodes (India) Limited IPO here.