Classic Electrodes (India) IPO
Classic Electrodes (India) is an NSE SME IPO listed on the NSE SME platform, priced at ₹82–₹87 per share. The stock debuted at ₹100, delivering a listing gain of 14.9%. The IPO had a lot size of ₹1600 shares and a minimum investment of ₹2,78,400.
Classic Electrodes (India) Limited IPO
- IPO Dates
- Aug 22, 2025 – Aug 26, 2025
- Price band
- ₹82-87 per equity share
- Minimum Investment
- ₹2,78,400
- Issue size
- ₹41.51 Cr
- Lot size
- 1600
- Allotment Date
- Aug 28, 2025
- Listing
- Sep 1, 2025
- Listing At
- NSE SME
IPO timeline
-
Aug 22, 2025
Open Date
Completed
-
Aug 26, 2025
Close Date
Completed
-
Aug 28, 2025
Allotment Date
Completed
-
Sep 1, 2025
Listing Date
Completed
Classic Electrodes (India) IPO Subscription Details
View Subscription DetailsClassic Electrodes (India) IPO subscription status shows demand across QIB, NII, and retail categories, helping investors understand participation levels.
Last updated: 26-Aug-2025 18:26:09 hrsClassic Electrodes (India) IPO Essentials
Classic Electrodes (India) IPO Details
Classic Electrodes (India) IPO is priced at ₹82-87 per share with a total issue size of 41.51 crore. The IPO has a lot size of 1600 shares and is listed on NSE SME.
- Issue price
- ₹82-87 per equity share
- Lot size
- 1600 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 47,71,200 shares(aggregating up to ₹41.51 Cr)
- Total issue size
- 47,71,200 shares
(aggregating up to ₹41.51 crore) - Fresh issue
- 47,71,200 shares
(aggregating up to ₹41.51 crore) - Listing at
- NSE SME
- List price
- 100.0
- Listing date
- Registrar
- MUFG Intime India Private Limited
- Lead manager
-
GYR Capital Advisors Private Limited
Market Lot Size
Investors can bid for a minimum of 3200 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual (min) | 2 | 3200 | ₹2,78,400 |
| Individual(max) | 2 | 3200 | ₹2,78,400 |
| NII (min) | 3 | 4,800 | ₹4,17,600 |
Classic Electrodes (India) IPO Reservation
Classic Electrodes (India) IPO reservation details show category-wise allocation of shares. Out of the total 47,69,600 shares, approximately 18.85% are reserved for QIB, 14.16% for NII, 32.98% for retail investors, 5.84% for market maker, and 28.18% for anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 13,44,000 (28.18%) | |
| Market Maker Shares Offered | 2,78,400 (5.84%) | |
| QIB Shares Offered | 8,99,200 (18.85%) | |
| NII (HNI) Shares Offered | 6,75,200 (14.16%) | 141 |
| bHNI > ₹10L | 4,49,600 (9.43%) | 94 |
| sHNI < ₹10L | 2,25,600 (4.73%) | 47 |
| Individual Shares Offered | 15,72,800 (32.98%) | 492 |
| Total Shares Offered | 47,69,600 (100%) |
Classic Electrodes (India) IPO Analytics
Classic Electrodes (India) IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Classic Electrodes (India) IPO Subscription Status
Classic Electrodes (India) IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB / NII | Individual | Total |
|---|---|---|---|
| Shares Offered / Reserved | 8,99,200 / 6,75,200 | 15,72,800 | 31,47,200 |
|
Day 1
22-08-25 06:00 PM
|
(1.03 / 1.43) x | 2.78 x | 1.99 x |
|
Day 2
25-08-25 06:00 PM
|
(3.01 / 20.32) x | 21.10 x | 15.76 x |
|
Day 3
26-08-25 06:00 PM
|
(84.88 / 356.75) x | 158.44 x | 179.97 x |
Classic Electrodes (India) Valuations
Earnings
- EPS Pre IPO
- ₹9.32/-
- EPS Post IPO
- ₹5.81/-
- P/E Pre IPO
- 9.33
- P/E Post IPO
- 14.97
Returns
- ROE
- 24.66%
- ROCE
- 17.68%
- RoNW
- 21.95%
- PAT Margin
- 5.10%
Fundamentals
- Debt / Equity
- 1.23
- Price / Book
- 2.63
Classic Electrodes (India) Financials( In Crs.)
| 28-Feb-23 | 31-Mar-24 | 31-Mar-23 | |
|---|---|---|---|
| Assets | 116.34 | 88.53 | 76.79 |
| Revenue | 187.90 | 194.41 | 151.13 |
| Profit After Tax | 9.57 | 12.30 | 2.08 |
| Net Worth | 43.60 | 34.03 | 21.73 |
| Reserves & Surplus | 30.41 | 28.75 | 16.46 |
| Total Borrowing | 53.50 | 46.73 | 44.11 |
Classic Electrodes (India) Company & Offer Insights
About Classic Electrodes (India)
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)
Mr. Hanuman Prasad Agarwal, Mr. Sushil Kumar Agarwal, Mr. Nitesh Agarwal, Mr. Sunil Kumar Mittal, M/s Alltime Suppliers Private Limited are the company's promoters of Classic Electrodes (India).
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
Contact Information
Contact Details
Classic Electrodes (India)
+91 8336007981
compliance@classicelectrodes.com
http://www.classicelectrodes.com/
1 A, Bonfield Lane, Kolkata, West Bengal, 700001
Registrar Contact Details
MUFG Intime India Private Limited (Link Intime)
+91-22-4918 6270
Frequently Asked Questions
Click any question to reveal the answer
Classic Electrodes (India) IPO is a book-built IPO worth ₹41.51 crore. The price band is ₹82–₹87 per share. The IPO opens on Aug 22, 2025 and closes on Aug 26, 2025. It will be listed on NSE SME Platform. MUFG Intime India Private Limited is the registrar.
The price band of Classic Electrodes (India) IPO is ₹82 to ₹87 per share.
The lot size of Classic Electrodes (India) IPO is 1600 shares.
The minimum investment for Classic Electrodes (India) IPO is approximately ₹2,78,400 based on the upper price band .
Classic Electrodes (India) IPO opens on Aug 22, 2025 and closes on Aug 26, 2025.
The allotment date of Classic Electrodes (India) IPO is Aug 28, 2025.
Classic Electrodes (India) IPO is expected to be listed on Sep 1, 2025, on NSE SME Platform.
Classic Electrodes (India) IPO valuation snapshot: P/E 14.97, EPS ₹5.81/-, P/B 2.63, RoNW 21.95%, and market cap N/A.
To apply for Classic Electrodes (India) IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Classic Electrodes (India) IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Classic Electrodes (India) IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Classic Electrodes (India) IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Classic Electrodes (India) IPO allotment status on IPO Ji for quick and easy access.