Classic Electrodes (India) is engaged in the business of manufacturing welding electrodes and providing engineering solutions to customers both in domestic and international market. The Company has been in existence for (27) twenty-seven years now and provides a wide range of product offerings including General Purpose Electrodes, Low Alloy Electrodes, Low Hydrogen Electrodes, Stainless Steel Electrodes, Hard Facing Electrodes, Cast Iron Electrodes, Non-Ferrous Electrodes, Low Heat Input Electrodes, Cutting and Gauging Electrodes, Mig Wires etc.
Classic Electrodes (India), an Book Built Issue, amounting to ₹ 41.51 Crores, consisting entirely an Fresh Issue of 47.71 Lakh Shares. The subscription period for the Classic Electrodes (India) IPO opens on August 22, 2025, and closes on August 26, 2025. The allotment is expected to be finalized on or about Thursday, August 28, 2025, and the shares will be listed on the NSE SME with a tentative listing date set on or about Monday, September 01, 2025.
The Share Price Band of Classic Electrodes (India) IPO is set at ₹ 82 to ₹ 87 per equity share. The Market Capitalisation of the Classic Electrodes (India) at IPO price of ₹ 87 per equity share will be ₹ 156.30 Crores. The lot size of the IPO is 1,600 shares. Individual investors are required to invest a minimum of 2 lots (3,200 shares), amounting to ₹ 2,78,400.
GYR Capital Advisors Private Limited is the book running lead manager of the Classic Electrodes (India), while MUFG Intime India Private Limited (Formerly Link Intime India Private Limited) is the registrar for the issue. Winance Financial Services Private Limited and Giriraj Stock Broking Private Limited are the Market Maker for Classic Electrodes (India) IPO.
Classic Electrodes (India) Limited IPO GMP Today
The Grey Market Premium of Classic Electrodes (India) IPO is expected to be ₹ 18 based on the financial performance of the company. No real trading is done on the basis of Grey Market Premium that's why no real discovery of price can be done before the listing of shares on the stock exchange. The Grey Market Premium totally depends upon the Demand and Supply of the shares of the company in unorganized manner which is not recommended. The Grey Market Premium is mentioned for educational and informational purposes only.
Classic Electrodes (India) Limited IPO Live Subscription Status Today: Real-Time Update
As of 07:00 PM on 26 August, 2025, the Classic Electrodes (India) Limited IPO live subscription status shows that the IPO subscribed 165.46 times on its Final Day of subscription period. Check the Classic Electrodes (India) IPO Live Subscription Status Today at NSE.
Classic Electrodes (India) IPO Anchor Investors Report
Classic Electrodes (India) has raised ₹ 11.70 Crores from Anchor Investors at a price of ₹ 87 per shares in consultation of the Book Running Lead Managers. The company allocated 13,45,600 equity shares to the Anchor Investors. Check Full List of Classic Electrodes (India) Anchor Investor List.
Note:- Equity Shares allotted to Anchor Investors (if any) are allotted from Qualified Institutional Buyers (QIBs) reservation portion.
Note:- The Number of shares offered shown IPO subscription section table is calculated at the lower end of the price band and Number of shares calculated in IPO details table section is calculated at upper end of the price band in case of Book Building Issue, so there can be difference. This is because we assume shares will be issued by the company at upper band as Anchor Investors also subscribe at upper band and shares will be issued at lower band only if in case of undersubscription of IPO.
Note:- Market Maker portion (if any) are not shown separately in subscription table and included in NIIs reservation portion.
Classic Electrodes (India) Limited Day Wise IPO GMP Trend
Date |
IPO Price |
Expected Listing Price |
GMP |
Last Updated |
19 August 2025 | ₹ 87 | ₹ 105 | ₹ 18 (20.68%) | 07:00 PM; 19 August 2025 |
Classic Electrodes (India) Limited IPO Allotment Date - Step by Step Guide to Check Allotment Status Online
Classic Electrodes (India) IPO allotment date is 28 August, 2025, Thursday. Classic Electrodes (India) IPO Allotment will be out on 28th August, 2025 and will be live on Registrar Website from the allotment date. Check Classic Electrodes (India) IPO Allotment Status here. Here's how you can check the allotment status:
- Navigate to the IPO allotment status page.
- Select Classic Electrodes (India) Limited IPO from the dropdown list of IPOs
- Enter your application number, PAN, or DP Client ID
- Submit the details to check your allotment status.
By following either of these methods, investors can quickly determine their allotment status and proceed accordingly with their investments.
Objectives of Classic Electrodes (India) Limited IPO
Classic Electrodes (India) to utilise the Net Proceeds towards the following objects:
1. ₹ 147.49 Lakh is required for Funding capital expenditure of the company to purchase Plant and Machinery;
2. ₹ 1,000.00 Lakh is required for Repayment of a portion of certain outstanding borrowing availed by the company;
3. ₹ 1,660.00 Lakh is required for Funding the Working Capital requirements of the company;
4. General Corporate Purposes
Refer to Classic Electrodes (India) Limited RHP for more details about the Company.
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