Classic Electrodes IPO GMP: Day 1 IPO Live Updates

The Classic Electrodes IPO GMP is ₹22 as of 22nd August 2025. It is a bookbuilding IPO of ₹41.51 crores. This is an entirely fresh issue of 0.43 crore shares. The issue will be listed on NSE and SME on its tentative listing date, 1st September 2025. The face value of Classic Electrodes shares stands at ₹10 per share, and the IPO price band is set at ₹82 to ₹87 per share. Retail investors can bid for a minimum of 2 lots of 3,200 shares worth ₹2,78,00.

Classic Electrodes IPO GMP Grey Market Premium

As of 22nd August 2025, Classic Electrodes IPO GMP stands at ₹22 per share. Thus, the estimated listing price would be ₹109. This indicates that the estimated listing gain in this IPO could be 25.29%. However, GMP details are subject to change based on market conditions and fluctuations. Explore the table for the Classic Electrodes IPO GMP updates.

Classic Electrodes IPO Details

Explanation

Classic Electrodes IPO: Classic Electrodes Limited has declared an issue price band of ₹82 to ₹87 per share. With this IPO, the company allows retail investors to bid for at least two lots of 3,200 shares worth ₹2,78,400. The face value of Classic Electrodes Limited shares is ₹10 per share. The shares of Classic Electrodes Limited will be listed on NSE and SME on its tentative listing day, 1st September 2025. Scroll down to check GMP updates and Classic Electrodes IPO reviews. 

Objectives of the Classic Electrodes IPO

The primary aim of the Classic Electrodes IPO is to raise ₹41.51 crores. On the other hand, Classic Electrodes has decided to utilise these funds in different ways. Explore some of the secondary objectives for the Classic Electrodes IPO.

• To meet the general corporate purpose.
• To fund the working capital requirement.
• To fund capital expenditure requirements for the expansion.
• To repay a portion of the borrowings availed by the company.

Classic Electrodes IPO Registrar

MUFG Intime India Private Limited is the registrar of the Classic Electrodes IPO, responsible for managing the IPO allotment procedure and refund initiation. For any queries regarding the Classic Electrodes allotment and refund, you can contact MUFG Intime India Private Limited.

Classic Electrodes IPO Review  

The Classic Electrodes IPO has gained neutral ratings from industry experts, brokers, and institutional investors. Classic Electrodes Limited’s revenue decreased by 3.348% from ₹194.41 crores in March 2024 to ₹187.90 crores in March 2025; moreover, the company’s PAT declined by 24% from ₹12.40 crores to ₹9.57 crores. Investors can analyse other relevant factors and make a decision accordingly.

Most analysts recommend applying for this IPO to diversify your investment portfolio in the stock market. However, we’re waiting for further ratings to have a better idea and will keep posting them to deliver real-time insights. Until then, you can explore the company’s technical analysis to know whether you should apply for the Classic Electrodes IPO or not.

Classic Electrodes Limited Technicals

The PE ratio of Classic Electrodes Limited shares is 9.33, and its Earnings Per Share (EPS) stands at ₹9.32. Thus, the Classic Electrodes IPO can potentially deliver gains on its tentative listing date, 1st September 2025. 

Note: The data, as mentioned above, is taken from authentic sources and highlights pre-issue information. The PE ratio and EPS of Classic Electrodes Limited are subject to change after the IPO. Explore the table below to get post-issue updates on these two metrics. 

Also Read : Shreeji Shipping Global IPO GMP: Day 1 IPO Live Updates

FAQs on Classic Electrodes IPO

What is the Classic Electrodes IPO GMP?

Ans. Currently, on 22nd August 2025, the Classic Electrodes IPO GMP (Grey Market Premium) stands at ₹22. This indicates that the estimated listing price could be ₹109 per share.

What is the issue price of the Classic Electrodes IPO?

Ans. The Classic Electrodes IPO price band has been set between ₹82 and ₹87 per share. Retail investors can apply for a minimum of 2 lots consisting of 3,200 shares worth ₹2,78,400. Moreover, HNIs are required to bid for a minimum of 3 lots (4,800 shares) worth ₹4,17,600.

Who is the registrar of the Classic Electrodes IPO?

Ans. MUFG Intime India Private Limited is the registrar of the Classic Electrodes IPO, responsible for managing the IPO allotment procedure and refund initiation. For any queries regarding the Classic Electrodes allotment and refund, you can contact MUFG Intime India Private Limited.

Disclaimer: The above information is compiled from authentic sources and is just for informational purposes. To have detailed information about the Classic Electrodes IPO, download the Classic Electrodes IPO RHP and Classic Electrodes IPO DRHP. Conduct your research before investing in IPOs to avoid significant losses. You can also consult your financial advisor.

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