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Classic Electrodes IPO GMP & Review: Apply or Avoid?

Posted by : sachet | Thu Aug 21 2025

Classic Electrodes IPO GMP & Review: Apply or Avoid?

Classic Electrodes IPO is open for bidding from 22nd August 2025 to 26th August 2025. It is a bookbuilding IPO of ₹41.51 crores, comprising a fresh issue of 0.48 crore shares. The issue will be listed on NSE and SME on its tentative listing date, 1st September 2025. 

 Classic Electrodes IPO Details 

The Classic Electrodes IPO date is fixed between 22nd August 2025 and 26th August 2025. The face value of Classic Electrodes IPO shares stands at ₹10 per share, and the IPO  price band is set between ₹82 and ₹87 per share.

MUFG Intime India Private Limited is the registrar of the  Classic Electrodes IPO   and is responsible for managing the allotment process and initiating refunds. Check out the latest IPO  details in the table below. 

IPO Open Date22nd August 2025
IPO Close Date26th August 2025
IPO Allotment Date28th August 2025
Refund Initiation 29th August 2025
Issue Size47,71,200 shares(aggregating up to ₹41.51 Cr)
Face Value₹10 per share
Lot Size1,600 Shares
Issue Price Band₹82 to ₹87 per share
Issue TypeBookbuilding IPO 
Listing AtNSE & SME
Listing Date1st September 2025

Classic Electrodes IPO Share Reservation

Classic Electrodes IPO is a bookbuilding IPO  of ₹41.51 crores, comprising a fresh issue of 0.48 crore shares. Classic Electrodes shares will be listed on the NSE and SME. Furthermore, SEBI has specified the share reservation criteria for different investor categories. 

Investor CategoriesShares Offered% shares offered
Market Maker Shares Offered2,78,4005.84%
QIB Shares Offered22,44,80047.05%
Retail Shares Offered15,72,80014.15%
NII (HNI) Shares Offered6,75,20032.96%
Total Shares Offered47,71,200100.00%

 Classic Electrodes IPO GMP Grey Market Premium

GMP is the gap between the price band of the issue and the price at which company shares are currently trading in the grey market. Do you want to get live updates on the  Classic Electrodes IPO  ? If yes, then you’ve reached the right spot. Check the table below to learn about the GMP trends.

GMP DateIPO PriceGMPEstimated Listing Price Estimated Listing Gains
21-08-2025₹87.00₹22.00₹109.0025.29%
20-08-2025₹87.00₹22.00₹109.0025.29%
19-08-2025₹87.00₹22.00₹109.0025.29%
18-08-2025₹87.00₹22.00₹109.0025.29%
17-08-2025₹87.00₹18.00₹105.0020.69%
16-08-2025₹87.00₹18.00₹105.0020.69%
15-08-2025₹87.00₹18.00₹105.0020.69%

As of  21st August 2025,  Classic Electrodes IPO  GMP stands at ₹22 per share, which means the share will likely show a listing at ₹109 on its tentative listing date, 1st September 2025.

GMP data is subject to change based on market trends and sentiments. You should check the live GMP status before applying for the Classic Electrodes GMP. Stay informed with Univest to know about real-time insights on IPOs and their GMP trends. 

 Classic Electrodes IPO GMP Review

Check out the detailed Classic Electrodes  GMP IPO  review for a thorough understanding of its potential to report listing gains on 1st September 2025. The  Classic Electrodes IPO   review below will help you invest effectively to avoid significant losses. Explore more to make informed investment decisions on this IPO . 

Financial Health

Assess a company’s financial performance to know about its ability to sustain a competitive edge. Thus, it is essential to understand the growth margins and declines of the business’s financials before applying for the Classic Electrodes IPO  .

Classic Electrodes  Limited’s revenue increased by 36% from ₹77.55 crores in March 2024 to ₹105.85 crores in March 2025. Moreover, the company’s PAT rose by 4% from ₹11.61 crores to ₹12.06 crores.

Classic Electrodes Limited’s IPO  has shown consistent revenue growth, indicating that the company is financially stable. Moreover, the brokers, investors, and RAs have a positive outlook for the Classic Electrodes IPO for its tentative listing day, 1st September 2025.  

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 IndicatorsValue
PE Ratio (Price-to-Earnings) 9.33
EPS (Earnings Per Share)9.32
RoNW21.95%
ROCE17.68%
ROE24.95%
EBITDA Margin10.24%
Price to Book Value2.63
Market Capitalisation₹156.30 Cr

The P/E ratio of Classic Electrodes Limited’s share is 9.32, and its Earnings Per Share (EPS) stands at 8.64. Thus, the Classic Electrodes Limited 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. 

IndicatorsPre-IPOPost-IPO
PE Ratio9.325.81
EPS 9.3314.97

 Classic Electrodes IPO Subscription Status

The Classic Electrodes IPO is to be opened for bidding on 22nd August 2025. The subscription status for this IPO is yet to be announced. Stay informed on this passage to check the live Classic Electrodes IPO subscription status. 

Investor CategoryShares OfferedShares SubscribedSubscription to the Times
Market Maker Shares Offered2,78,400Yet to be announcedYet to be announced
QIB Shares Offered22,44,800Yet to be announcedYet to be announced
Retail Shares Offered15,72,800Yet to be announcedYet to be announced
NII (HNI) Shares Offered6,75,200Yet to be announcedYet to be announced
Total Shares Offered47,71,200Yet to be announcedYet to be announced

About Classic Electrodes Limited

Classic Electrodes Limited was established in 1997 is a leading player in the Indian welding consumables industry and engineering solution serving both domestic and international markets. The company serves across 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 distribution in India various 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 Ended31st March 2025 (in cr.)31st March 2024 (in cr.)31st March 2023 (in cr.)
Assets108.7883.0748.48
Revenue105.8577.5545.61
Profit After Tax12.0611.611.52
EBITDA23.1019.874.95
Net Worth34.6022.5410.93
Reserve and surplus20.6417.896.28
Total Borrowing47.9636.9722.67

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 decreased by 24% from ₹12.40 crores to ₹9.57 crores.

Classic Electrodes IPO Bidding Requirements

Investors can bid for a minimum of 2,000 shares in multiples of 1,000 shares thereof. The following table represents the minimum and maximum investments by individual investors (retail) and HNI in terms of shares and amount.

Application Lots Shares Amount
Individual Investors (Retail) (Min)23,200₹2,78,400
Individual Investors (Retail) (Max23,200₹2,78,400
S-HNI (Min)34,800₹4,17,600
S-HNI (Max)711,200₹9,74,400
B-HNI (Min)812,800₹11,13,600

Classic Electrodes IPO has reserved lot sizes to be applied by different investor categories. Look at the table below to see the requirements for applying for this IPO .

Use the lot size calculator to find how many shares you should apply for!

 Classic Electrodes IPO Promoter Holding

Have a look at the table below to check the holdings of Classic Electrodes Limited’s promoters: Mr. Hanuman Prasad Agarwal, Mr. Sushil Kumar Agarwal, Mr. Nitesh Agarwal, Mr. Sunil Kumar Mittal and M/s Alltime Suppliers Private Limited.

Share Holding Pre-Issue97.73%
Share Holding Post-Issue71.77%

Note: The value will be calculated using Equity Dilution = Share Holding Pre-Issue –  Share Holding Post-Issue.

Aim 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 meet working capital Requirements.
  • To incur capital expenditure of the company to purchase plant and machinery.

Should I Invest in the  Classic Electrodes IPO  ?

https://classicelectrodes.comCEIL is engaged in the business of manufacturing welding electrodes and related engineering solutions. It marked growth in its top lines for the reported periods. The sudden boost in its bottom lines from FY24 raise eyebrows and concern over its sustainability, as it operates in a highly competitive segment. Set of FY25 financials considered up to February 28, 2025 only, that is a big surprise. Well-informed investors may park moderate funds for medium term. {By Dilip Davda Chief executive at Chittorgarh}

Explore the pros and cons of Classic Electrodes  to know whether you should apply or avoid the issue. These pros and cons may help you understand the IPO ’s efficiency in delivering profits in the coming decades. 

  Pros of  Classic Electrodes IPO  

  • Strong brand reputation for its quality and reliability.
  • ISO certified and ensure consistent products quality standards.
  • Strong distribution network.
  • Automated production facility in west bengal

 Cons of  Classic Electrodes IPO  

  • Highly dependent on third party.
  • Faces customer concentration risk.
  • Revenue is concentrated from the domestic market.

How to Apply for the Classic Electrodes IPO  ?

Check the steps mentioned below to apply for Classic Electrodes Limited

  • Step 1: Conduct thorough research on the Classic Electrodes IPO  GMP, subscription status, issue size, lot size, and other details. 
  • Step 2: Open a demat account on Univest to learn about real-time insights on GMP and subscription status. You can also use your previous demat account by navigating to the IPO  section. 
  • Step 3: Make a bid for two lots of 3,200 shares worth ₹2,78,400.
  • Step 4: You will receive a mandate request after making a bid. Approve the request to proceed further.    

Note: You can apply for the  Classic Electrodes IPO   from more than one demat account to increase your chances of allotment. 

How to Check  Classic Electrodes IPO Allotment Status?

You can check whether the  Classic Electrodes IPO allotment has been completed in different ways. These include NSE and the registrar portal. Look at the steps mentioned below to check your allotment status online.

Check On NSE

  • Visit the NSE Official Website.
  • Navigate to the IPO  Allotment Section. 
  • Select Equity as the issue type. 
  • Choose the Classic Electrodes IPO  .  
  • Choose whether to proceed with the PAN number or the application number. 
  • Submit your details to get the allotment status online. 

Check On the Registrar Portal

  • Visit the registrar portal.
  • Click on the allotment option.
  • Fill in the required details.
  • Click on the submit button to know your Classic Electrodes IPO allotment status.

Also Read : Upcoming IPO: Anondita Mediocare, Shivashrit Foods & Classic Electrodes

Let’s Wrap

 Classic Electrodes IPO  is a bookbuilding issue of shares worth ₹41.51 crores. The shares of Classic Electrodes  Limited will be listed on NSE and SME on its tentative listing date of 1st September 2025. Researching the Classic Electrodes IPO GMP and reviews is highly suggested to book your ideal profitability. Brokers and investors have highlighted their pros and cons, so one must analyse them and decide accordingly.

Open a demat account on Univest now to initiate your investment journey!

FAQs on Classic Electrodes IPO  

How is the Classic Electrodes IPO  ?

Ans. Currently, on 21st August 2025, the Classic Electrodes IPO GMP (Grey Market Premium) stands at ₹22. It indicates that the estimated listing price could be ₹109 per share. It is a bookbuilding IPO of  ₹41.51 crores, comprising a fresh issue of 0.48 crore shares.The face value of each share of Classic Electrodes Limited is ₹10. 

What is the Classic Electrodes IPO price?

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.

Is the  Classic Electrodes IPO good?

Ans. 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 decreased by 24% from ₹12.40 crores to ₹9.57 crores.

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.

What is the issue size of the Classic Electrodes IPO  ? 

Ans. Classic Electrodes IPO is a bookbuilding IPO for 0.48 crore shares worth ₹41.51 crores. Moreover, the IPO  is set to open on 22nd August 2025 and will be closed on 26th August 2025. 

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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