Classic Electrodes
01 Sep '25SME
Min. Investment
₹2,62,400
Issue size
₹41.51 Cr
GMP
Locked
Overall subscription: 107.23x
Check allotment status
Expert verdict
IPO dates
22 Aug
Opening
26 Aug
Closing
28 Aug
Allotment
01 Sep
Listing
*Refunds will be initiated on 28 Aug '25
IPO quota
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 3200 | ₹2,78,400 |
Subscription (as on 07 November 2025, 06:30 PM)
Overall107.23x
Qualified institutional buyers
Non-Institutional Buyers
Retail Investors
Employee
About company
Founded: 1997|MD: Mr. Sushil Kumar Agarwal
- Classic Electrodes Limited is a manufacturer of welding electrodes and provides engineering solutions to domestic and international customers. The company has been in existence for 27 years. It offers a wide range of products, 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, and more.
- The company claims that its focus on quality and design has helped it to develop products suited to its customers’ requirements, which include complex and specialised industrial equipment and components for OEMs and end-user industries.
- The company operates from two manufacturing units—Unit I located in Dhulagarh, West Bengal, and Unit II at Jhajjar, Haryana.
Issue Details & Objective
Lot size
1600 Shares
Price band
₹82 to 87
Face value
₹10 per share
Financials
IPO reservation
Anchor investor - 21.98%
QIB - 36.69%
HNI - 11.04%
Retail - 25.73%
Download DRHP (IPO Doc)FAQs
Should I apply for the Classic Electrodes IPO?
Our SEBI-registered investment advisors give out verdicts for each IPO. You can refer to their expert verdict at the top of this page. Please note that these verdicts are for informational purposes only and should not be construed as investment advice. Markets are subject to risk, and investors should exercise their own discretion and diligence.
What is the issue size of Classic Electrodes IPO?
The issue size of Classic Electrodes IPO is ₹41.51 Cr
What are the open and close dates for Classic Electrodes IPO?
The Classic Electrodes IPO will be open for applications from 22 Aug '25 to 26 Aug '25
What is the lot size and minimum order quantity of Classic Electrodes IPO?
The lot size of Classic Electrodes IPO is 1600 Shares and its minimum investment amount is ₹2,62,400.
What is the GMP value of Classic Electrodes IPO?
Grey market premium (GMP) is a premium amount at which grey market IPO shares are traded before they get listed in the stock exchange. The GMP for Classic Electrodes IPO is 19.54
