Classic Electrodes IPO
Classic Electrodes IPO
Overview
Classic Electrodes IPO is a book build issue of ₹41.51 crores. The issue is entirely a fresh issue of 0.48 crore shares of ₹41.51 crore. Classic Electrodes IPO dates are yet to be announced. Classic Electrodes IPO price band is set at ₹82.00 to ₹87.00 per share . The lot size for an application is 1,600. The minimum amount of investment required by an retail is ₹1,31,200 (1600 shares). The minimum lot size investment for HNI is 2 lots (3,200 shares), amounting to ₹2,78,400. GYR Capital Advisors Pvt.Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue.
Total Shares
47,71,200
Issue Size
₹41.51 Cr
Price Band
₹82 – ₹87
Lot Size
1600 shares
Min. Investment
₹2,78,400
Max. Investment
₹2,78,400
Open Date
22 Aug, 2025
Close Date
26 Aug, 2025
Allotment
28 Aug, 2025
Listing
01 Sep, 2025
Max. Investment
₹2,78,400
Announced
22 Aug, 2025
Opening Date
22 Aug, 2025
Closing Date
26 Aug, 2025
Basis of Allotment
28 Aug, 2025
Initiation of Refunds
28 Aug, 2025
Credit of Shares
29 Aug, 2025
Listing Date
01 Sep, 2025
Live GMP
Est. Listing: ₹107
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About Classic Electrodes IPO
Established in 1997 and headquartered in Kolkata, West Bengal, Classic Electrodes (India) Limited is a prominent Indian manufacturer specialising in welding consumables, including electrodes and MIG wires.
The company manufactures welding electrodes and provides engineering solutions to domestic and international customers.
Classic Electrodes offers a diverse range of welding consumables designed for various industrial applications.
Their product line includes:
- Mi
Classic Electrodes IPO Share Price
Issue Breakdown
Shareholding
Dilution: 36.2% increase in shares
Classic Electrodes IPO Promoters Holding
Classic Electrodes IPO Financial Health
Classic Electrodes IPO Lot Size
Investors can bid for a minimum of 3,200 shares and in multiples of 1,600 shares thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 3200 | ₹2,78,400 |
| Individual investors (Retail) (Max) | 2 | 3200 | ₹2,78,400 |
| S-HNI (Min) | 3 | 4800 | ₹4,17,600 |
| S-HNI (Max) | 7 | 11200 | ₹9,74,400 |
| B-HNI (Min) | 8 | 12800 | ₹11,13,600 |
(All values in CR)
Classic Electrodes IPO Valuations
| Metric | Value |
|---|---|
| ROE | 24.66 |
| ROCE | 17.68 |
| Debt/Equity | 1.23 |
| RoNW | 21.95 |
| PAT Margin | 5.10 |
| EBITDA Margin | 10.24 |
| Price to Book Value | 2.63 |
(All values in CR)
Classic Electrodes IPO Strength & Risk
Classic Electrodes IPO Strength:
Well-recognized brand in welding electrodes.
Wide product portfolio: mild steel, low hydrogen, stainless steel, hardfacing, and specialty electrodes.
Modern manufacturing facilities in West Bengal and Haryana.
Strong focus on certifications, quality control, and in-house R&D.
Robust distribution network across regions.
Financial growth in FY24:
Revenue up from ₹151.13 cr (FY23) to ₹194.41 cr (FY24).
PAT jumped from ₹2.08 cr to ₹12.28 cr.
Attractive valuation metrics compared with listed peers like Ador Welding and D&H India.
Classic Electrodes IPO Risk:
Geographical concentration increases vulnerability to local disruptions.
Heavy reliance on regulatory approvals and compliance.
Missing corporate records with RoC raise governance concerns.
SME IPO risk: lower liquidity and higher volatility post-listing.
Classic Electrodes IPO Subscriptions Status
Classic Electrodes IPO subscribed 1.99 times. The public issue subscribed 2.78 times in the individual investors category, 1.03 times in QIB (Ex Anchor), and 1.43 times in the NII category by August 22, 2025 6:55:00 PM (Day 1).
| Investor Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (Rs Cr.) |
|---|---|---|---|---|
| Anchor | 1.00 | 13,44,000 | 13,44,000 | 11.693 |
| QIB (Ex Anchor) | 1.03 | 8,99,200 | 9,24,800 | 8.046 |
| Non-Institutional Buyers | 1.43 | 6,75,200 | 9,66,400 | 8.408 |
| bNII (bids above ₹10L) | 1.25 | 4,49,600 | 5,61,600 | 4.886 |
| sNII (bids below ₹10L) | 1.79 | 2,25,599 | 4,04,800 | 3.522 |
| Individual Investors (IND category bidding for 2 Lots) | 2.78 | 15,72,800 | 43,71,200 | 38.029 |
| Total | 1.99 | 31,47,200 | 62,62,400 | 54.483 |
Classic Electrodes IPO GMP
Classic Electrodes SME IPO last GMP is ₹20, last updated Aug 23rd 2025 04:57 PM. With the price band of 87.00, Classic Electrodes SME IPO's estimated listing price is ₹107 (cap price + today's GMP).The expected percentage gain/loss per share is 22.99%. >> Classic Electrodes SME IPO Retail Subject to Sauda: ₹24300 The lowest GMP is ₹18.00, while the highest GMP is ₹22.00.
Last updated 23 Aug, 2025 · Source: aggregated grey-market dealers
| Date | IPO Price | GMP | Sub2 Sauda | Est. Listing | Est. Profit | Updated |
|---|---|---|---|---|---|---|
| 23 Aug, 2025 | 87 | ₹20 | 24300 | ₹107 (22.99%) | 32000 | 23 Aug, 2025 |
| 22 Aug, 2025 | 87 | ₹20 | 24300 | ₹107 (22.99%) | 32000 | 22 Aug, 2025 |
| 20 Aug, 2025 | 87 | ₹20▼ | 24300 | ₹107 (22.99%) | 32000 | 20 Aug, 2025 |
| 21 Aug, 2025 | 87 | ₹22 | 26800 | ₹109 (25.29%) | 35200 | 21 Aug, 2025 |
| 19 Aug, 2025 | 87 | ₹22 | 26800 | ₹109 (25.29%) | 35200 | 19 Aug, 2025 |
| 18 Aug, 2025 | 87 | ₹22▲ | 26800 | ₹109 (25.29%) | 35200 | 18 Aug, 2025 |
| 17 Aug, 2025 | 87 | ₹18 | - | ₹105 (20.69%) | 28800 | 17 Aug, 2025 |
| 16 Aug, 2025 | 87 | ₹18 | 21900 | ₹105 (20.69%) | 28800 | 16 Aug, 2025 |
| 15 Aug, 2025 | 87 | ₹18 | 21900 | ₹105 (20.69%) | 28800 | 15 Aug, 2025 |
Disclaimer: GMP is an unofficial signal from grey-market dealers and is not regulated by SEBI. Use it alongside subscription data and other research for informed decision-making.
How to Apply for Classic Electrodes IPO
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Find Classic Electrodes IPO under the IPO section. Select it and enter your bid details — choose lot size and price (cut-off price recommended).
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Application Confirmed
Your funds will be blocked in your account until the IPO allotment process is completed.