Classic Electrodes IPO Subscription Day 2
Posted by : sachet | Mon Aug 25 2025
Here is the final call for the Classic Electrodes IPO launched on 22nd August 2025. The issue will be closed for bidding today, on 26th August 2025. The primary aim of the Classic Electrodes IPO is to raise ₹41.51 crores from the market. Also, the Classic Electrodes IPO has received an impressive level of subscription, which indicates that shares will be listed at an impeccable premium. Scroll down to check the Classic Electrodes IPO subscription and details.
Classic Electrodes IPO Details
| IPO Open Date | 22nd August 2025 |
| Face Value | ₹10 per share |
| Price Band | ₹82 to ₹87 per share |
| Lot Size | 1,600 shares |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE & SME |
| IPO Close Date | 26th August 2025 |
| Listing Date | 1st September 2025 |
The price band for the Classic Electrodes has been prescribed as ₹82 to ₹87 per share, and 47,69,600 shares in total have been issued. Let’s segregate the share quota fixed for different categories of investors.
| Investor Categories | Shares Offered | % Shares Offered |
| Market Maker Shares Offered | 2,78,400 | 5.84% |
| QIB Shares Offered | 22,43,200 | 47.03% |
| Retail Shares Offered | 15,72,800 | 32.98% |
| NII (HNI) Shares Offered | 6,75,200 | 100.00% |
Classic Electrodes IPO Subscription Status
As of now, the Classic Electrodes IPO has been subscribed to 15.59 times. Of these, 20.78 times are subscribed by retail investors, 20.28 times by non-institutional investors, and 3.01 times by QII (Qualified Institutional Investors).
The healthy subscription status indicates that investors are expecting higher returns at the time of the Classic Electrodes IPO listing on 1st September 2025. Classic Electrodes IPO also has a positive outlook behind the fresh issue of 0.48 crore shares to raise around Rs 41.51 crores.
Classic Electrodes IPO GMP Today
We know that higher subscriptions encourage grey market premiums for the IPOs. Let’s explore the Classic Electrodes IPO GMP for 25th August 2025.
The grey market premium for this IPO is 22.99% or Rs 20 per share. It indicates that the estimated listing price per share is Rs 107. Numerous factors played a pivotal role in this jump in the IPO GMP of Classic Electrodes. These include higher subscriptions received, positive market sentiments, and investors’ positive attitude towards IPO.
About Classic Electrodes Limited
Classic Electrodes Limited was established in 1997 and is a leading player in the Indian welding consumables industry, providing engineering solutions to both domestic and international markets. The company serves across the construction, manufacturing and heavy engineering sectors. Classic electrodes offer a diverse range of designs. It is a strong brand known for its quality, reliability and performance, trusted by various industrial users and distributed in India and different global markets.
Classic Electrodes Limited Financials
The company’s financial analysis is essential before applying for the Classic Electrodes IPO. Look at the table to learn about Classic Electrodes Limited’s financials.
| Year Ended | 31st March 2025 (in cr.) | 31st March 2024 (in cr.) | 31st March 2023 (in cr.) |
| Assets | 108.78 | 83.07 | 48.48 |
| Revenue | 105.85 | 77.55 | 45.61 |
| Profit After Tax | 12.06 | 11.61 | 1.52 |
| EBITDA | 23.10 | 19.87 | 4.95 |
| Net Worth | 34.60 | 22.54 | 10.93 |
| Reserve and surplus | 20.64 | 17.89 | 6.28 |
| Total Borrowing | 47.96 | 36.97 | 22.67 |
Explanation
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.
Technical Analysis
Several technical indicators are available to assess a company’s potential to deliver returns. Use the parameters mentioned below to analyse the technical aspects of the Classic Electrodes IPO.
| Key Indicators | Value |
| PE Ratio (Price-to-Earnings) | 9.33 |
| EPS (Earnings Per Share) | 9.32 |
| RoNW | 21.95% |
| ROCE | 17.68% |
| ROE | 24.95% |
| EBITDA Margin | 10.24% |
| Price to Book Value | 2.63 |
| Market Capitalisation | ₹156.30 Cr |
Classic Electrodes IPO Listing Expectations
Classic Electrodes IPO Highlights: IPO allotment is still pending, as the bid will be closed today. However, as per the current GMP or market sentiments, it is appropriate to expect higher listing gains from the share. A jump of 22.99% in Classic Electrodes IPO GMP indicates that the estimated listing price per share will be somewhere around Rs 107.
It will provide higher listing gains to investors who applied for this IPO. Also, the financial fundamentals of this business made it the experts’ best recommendations for the long term.
Classic Electrodes IPO Timeline
| IPO Open Date | 22nd August 2025 |
| IPO Close Date | 26th August 2025 |
| Allotment | 28th August 2025 |
| Refund Date | 28th August 2025 |
| IPO Listing Date | 1st September 2025 |
Note: IPO GMP is volatile based on market sentiment. Hence, one should conduct their research before investing in it.
Also Read : Regaal Resources IPO Allotment Status Check Online: GMP, Subscription, Price, and More
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