Classic Electrodes (India) Limited

Classic Electrodes (India) Limited IPO

NSE SMEClosed
Check Allotment
Aug 22, 2025Open Date
Aug 26, 2025Close Date
TBAAllotment Date
Sep 1, 2025Listing Date

Subscription Details

View Subscription Details
Retail158.44x
QIB / NII0.00x

Overall Subscription

Total Bids Received

179.97x

Updated: 10 Jul, 06:09 pm

Classic Electrodes (India) Limited IPO Issue Details

Issue Price₹82-87 Per Equity Share
Face Value₹10 Per Equity Share
Fresh Share47,71,200 shares(aggregating up to ₹41.51 crore)
Listing AtNSE SME
Listing DateSep 1, 2025
RegistrarMUFG Intime India Private Limited (Link Intime)

Market Lot Details

CategoryLotsSharesAmount
Retail (Min)23,200-
Retail (Max)23,200-

Reservation Details

CategoryShares Offered%
NII6,75,20014.16%
QIB8,99,20018.85%
Anchor13,44,00028.18%
Individual15,72,80032.98%
Market Maker2,78,4005.84%

Company Information

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 w...

Valuations

EPS (Pre-IPO)

9.32

EPS (Post-IPO)

5.81

P/E (Pre-IPO)

9.33

P/E (Post-IPO)

14.97

RoNW

21.95%

PAT Margin

5.10%

P/B Value

2.63

Financial Information (₹ in Crores)

MetricFY 23FY 24FY 23
Total Assets116.3488.5376.79
Total Revenue187.9194.41151.13
Profit After Tax9.5712.32.08
Net Worth43.634.0321.73

* All figures are in ₹ Crores unless otherwise stated.

Objectives of the Issue

  1. 1Funding capital expenditure of our company to purchase Plant and Machinery
  2. 2Repayment of a portion of certain outstanding borrowing availed by the company
  3. 3Funding the working capital requirements of the company
  4. 4General Corporate Purposes

Classic Electrodes (India) Limited – Promoter(s)

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

Contact Details

Corporate Office

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

+91 8336007981

compliance@classicelectrodes.com

Visit Website

Registrar Contact

MUFG Intime India Private Limited (Link Intime)

+91-22-4918 6270

classicelectrodes.ipo@linkintime.co.in

Visit Website

Classic Electrodes (India) Limited IPO Documents

DRHP
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Frequently Asked Questions — Classic Electrodes (India) Limited IPO

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