Classic Electrodes IPO Details
The Classic Electrodes IPO is a book build issue with a total issue size of ₹41.51 cr, comprising of fresh issue of 4771200 equity shares. Classic Electrodes IPO opened for subscription on Aug 22, 2025 and closed on Aug 26, 2025. Classic Electrodes IPO is set price band at ₹82 to ₹87 per share, with a lot size of 1600 shares. Minimum investment for Retail investors was ₹278,400.00 (at the upper price band) to apply for one lot.
The basis of allotment got finalized on Aug 28, 2025, and listed on the NSE on Sep 01, 2025.
MUFG Intime India Private Limited has been appointed as the registrar. GYR Capital Advisors Private Limited are the Book Running Lead Manager for the issue.
Before investing in the Classic Electrodes IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.
- Price Band
- ₹ 82 – 87
- Lot Size
- 1600
- Issue Size
- ₹41.51 Cr
- Minimum Investment
- ₹278400 (3200 Shares)
- Listing Date
- 01 September 2025
Current GMP
₹22 (+25.29%)
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
About Classic Electrodes (India) Limited
Classic Electrodes (India) Limited, established in 1997 and headquartered in Kolkata, West Bengal, is a well-established Indian manufacturer engaged in the production of welding consumables and engineering solutions for both domestic and international markets. Initially incorporated as a private limited company under the Companies Act, 1956, the company was later converted into a public limited company in 2009. Over the past 27 years, Classic Electrodes has built a strong reputation for quality, reliability, and performance in the welding industry.
The company offers a wide range of welding products designed to meet diverse industrial needs. Its product portfolio includes 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, and MIG wires. These products are used across various industries, and the company also specializes in manufacturing tailor-made consumables for specific applications.
Classic Electrodes operates two primary manufacturing units: Unit I in Dhulagarh, West Bengal, which manufactures both welding electrodes and MIG wires, and Unit II in Jhajjar, Haryana, dedicated exclusively to MIG wire production. The company previously operated a third unit in Bahadurgarh, Haryana (Unit III), which was closed during the financial year 2023–2024. Combined, the operational units have a projected annual manufacturing capacity of 10,608 metric tonnes for electrodes and 8,600 metric tonnes for MIG wires. These facilities are strategically located to support efficient transportation, sourcing of raw materials, and timely distribution to customers.
Classic Electrodes IPO Promoters
- Mr. Hanuman Prasad Agarwal
- Mr. Sushil Kumar Agarwal
- Mr. Nitesh Agarwal
- Mr. Sunil Kumar Mittal
- M/s Alltime Suppliers Private Limited
Promoters Holding
Holding Pre Issue
97.73%
Holding Post Issue
71.77%
Classic Electrodes IPO Objective
The Company Classic Electrodes IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
- 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
Address / Contact Info
Classic Electrodes (India) Limited
1 A, Bonfield Lane,
Kolkata, West Bengal,
India- 700001
Phone: +91 8336007981
Email: compliance@classicelectrodes.com
Website: http://www.classicelectrodes.com/
IPO Snapshot
Book Running Lead Managers
- GYR Capital Advisors Private Limited
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Classic Electrodes IPO is a Book-building IPO with a total issue size of ₹41.51 crore. The Classic Electrodes IPO price band is ₹82 to 87 per share. The Classic Electrodes IPO subscription opens on Fri, Aug 22, 2025, and closes on Tue, Aug 26, 2025. The Classic Electrodes IPO will be listed on the NSE. MUFG Intime India Private Limited is the registrar for the Classic Electrodes IPO.
The Classic Electrodes IPO opens on Fri, Aug 22, 2025 and closes on Tue, Aug 26, 2025
Classic Electrodes IPO Price Band is ₹82 to 87 per share.
Classic Electrodes IPO lot size is 1600 shares, Retail investors need a minimum investment of ₹278400 based on the upper price band
The minimum investment for Classic Electrodes IPO is ₹278400, based on one lot of 1600 shares at the upper price band of ₹87 per share.
Investors can apply for the Classic Electrodes IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Tue, Aug 26, 2025. The application amount remains blocked until the Classic Electrodes IPO allotment is finalized.
Classic Electrodes IPO issue size is ₹41.51 crores.
Classic Electrodes IPO allotment date is Wed, Jul 1, 2026.
The registrar for Classic Electrodes IPO is MUFG Intime India Private Limited. Investors can go to MUFG Intime India Private Limited website to check Classic Electrodes IPO allotment status, refund processing, and other IPO-related information.
The Classic Electrodes IPO GMP (Grey Market Premium) is ₹22 as of Mon, Sep 1, 2025. Based on the upper price band of ₹87 per share, the estimated Classic Electrodes IPO listing price is ₹109, indicating a potential listing gain of approximately 0% over the issue price.