872.73 Lakh and ₹ 633.49 Lakh. The Profit after Tax for the Fiscals ended on Mar 31, 2025, 2024 and 2023 were were ₹ 957.31 Lakh, ₹ 1,229.79 Lakh, ₹ 208.48 Lakh and ₹ 149.31 Lakh respectively. This indicates a steady growth in financial performance.

The Company Key Performance Indicates the pre-issue EPS of ₹ 7.92 and post-issue EPS of ₹ 5.81 for FY24. The pre-issue P/E ratio is 10.98x, while the post-issue P/E ratio is 14.97x against the Industry P/E ratio is 35x. The company's ROCE for FY24 is 25.78%, ROE for FY24 is 44.11% and RoNW is 36.14%. These metrics suggest that the IPO is fairly priced.

The Grey Market Premium (GMP) of Classic Electrodes (India) showing listing gains of 20.68 %.Given the company's financial performance and the valuation of the IPO, we recommend Risky Investors to Apply to the Classic Electrodes (India) Limited IPO for Listing gain.

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About the Author
CA Abhay Kumar (Also known as  CA Abhay Varn) is a qualified Chartered Accountant by profession and cleared CA at age 21. He is a SEBI Registered Research Analyst with Registration Number - INH300008465. He Possesses 8+ years of experience in the Stock Market Field and has also worked in Big CA firms.

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