Classic Electrodes IPO Date, Price , Allotment ,Subscription Details 2025

Classic Electrodes IPO is a Mainboard public offer for Issue Size of ₹41.51 crore. It will be open for subscription to investors from August 22 to August 26, 2025.

Classic Electrodes IPO share has a face value of ₹10, and the price range is ₹82 to 87 per share. The lot size for this IPO is 1600 shares. For retail investors, the minimum investment is ₹278400 for 2 lot of 3200 shares). For Small Non-Institutional Investors (SHNI), the minimum application is 3 lots ( 4800 shares), requiring an investment f ₹4,17,600. For Big Non-Institutional Investors (BHNI), the minimum application is 7 lots (11200 shares), amounting to ₹9,74,400.

Classic Electrodes IPO will open for subscription on August 22, 2025, and close on August 26, 2025. The allotment is expected to be finalized on Thursday, August 28, 2025, and Shares will list on the NSE on Monday, September 01, 2025(Tentative).

Classic Electrodes IPO Details

IPO TypeSME
IPO MethodBook Built Issue
IPO Open Date22 August 2025 (Friday)
IPO Close Date26 August 2025 (Tuesday)
IPO Listing Date01 September 2025 (Monday)
Price Band₹1600 Shares (Minimum Bids 2000 Shares)
Lot Size₹82 to ₹87 per share
Face Value10
Gross Issue Size₹41.51 Crores (approx.)
Fresh Issue₹0.48 Crores (approx.)
Offer for Sale (OFS)₹ Crores (approx.)
Net Issue Size ₹ Crores (approx.)
Listing ExchangeNSE(NSE is the Designated Stock Exchange)

IPO Timeline

Classic Electrodes IPO Lot Size

Table is Prepared at the upper end of the price band (₹1600).

ApplicationLot SizeNo. of SharesAmount
Individual (Min)
Individual (Max)
S-HNI (Min)
S-HNI (Max)
B-HNI (Min)

Promoter Shareholding Table (Pre & Post Issue)

ShareholderPre-Issue Holding (%)Post-Issue Holding (%)
Promoters & Promotor Group97.73%71.77%
Others (Public / Investors)2.27%28.23%
Total100%100%
Post-Issue Holding (%) is Calculated At the upper end of the price band (₹87),Actual % may differ slightly due to difference in Price band.

Company Overview

Classic Electrodes (India) Limited is a leading electrode manufacturing company in India. We are known for the production of dynamic quality products and have been market leaders for more than two decades. Established in 1997, Classic Electrodes (India) Limited has been serving some of the well-known global manufacturing industries. Our products are the most sought after due to its high-quality efficiency along with durability. We use the most advance technology when it comes to production. All our products are timely supervised under highly experienced engineers and technicians.

The company works in a very strategic direction. Our organization includes professional entrepreneurs with a sound financial background. Therefore, quality remains a significant part of our business. Our executive members are market leaders with over 65 years of market experience. Therefore, our experience has been more than an asset when it comes to customer satisfaction. Our executive members have exceptional leadership track record along with international exposure and deep strategic expertise. We possess proven experience in driving transformation and managing all the technological aspirations of the customers.

Objects of the Offer

  1. Funding capital expenditure of our company to purchase Plant and Machinery.
  2. Repayment of a portion of certain outstanding borrowing availed by our company.
  3. Funding the Working Capital requirements of the company.
  4. General Corporate Purposes.

₹ Financial Snapshot (As of and For the Fiscal Ended on )

Particulars31-Mar-202531-Mar-202431-Mar-2023
Revenue (₹ Cr)187.60193.82150.87
Revenue (₹ Cr)(Including Other Income)187.90194.41151.13
Profit After Tax (₹ Cr)9.5712.302.08
Profit After Tax Margin (%)(On Total Revenue)5.10%6.34%1.38%
Earnings per share (in ₹)7.269.321.58
Total Assets (₹ Cr) 116.3488.5376.79
Total Borrowings (₹ Cr)53.5046.7344.11
Net Worth (₹ Cr)43.6034.0321.73
NAV per equity share (in ₹)33.0525.7916.47

Classic Electrodes IPO Key Performance Indicators

ParticularsFY2024-25FY2023-24FY2022-23
EBITDA (₹ Cr)19.2423.048.54
EBITDA Margin (%)10.24%11.85%5.65%
Return on Equity (RoE %)24.66%44.11%10.08%
Return on Capital Employed (RoCE %)17.68%25.78%9.38%
Debt to Equity Ratio(In Times)1.231.372.03
Operating Cash Flows(₹ Cr)2.17(1.97)0.31
Return on Net Worth (RONW %)21.95%36.14%9.59%

Comparison with Listed Competitors

*EPS figures are as per respective company financials. P/E is based on closing prices as on July 31, 2025.Data is based on the latest available financials and may differ from actual market movements. Revenue is For the Financial Year 2024-2025.

Company NameClosing Price(₹)
as on March 31, 2025
Revenue from Operations
(FY24-25, ₹ in Cr)
Face Value (₹)EPS (₹)P/E
Ratio (x)
RoNW (%)NAV
(₹)
EBITDA Margin (%)
FY 25
PAT
Classic
Electrodes
(India) Limited
-187.60107.26-21.95%33.0510.24%9.57
D & H India
Limited
185.15209.13106.4028.9310.97%57.387.18%5.15
Ador Welding
Limited
985.101122.681034.5128.5511.84%291.389.58%60.05
Diffusion
Engineers Ltd
325.20335.20109.5933.919.73%98.5614.04%36.04

Strengths & Risks

Key Strengths & Key Risks

For detailed information on Strengths and Risks, please refer to the sections Our Competitive Strengths and Section II – Risk Factors of the RHP.

Key Contacts for Classic Electrodes IPO

Company Contact
Classic Electrodes
Corporate Bhawan, 4th Floor Plot No.IIIF/16,
in AA-IIIF Rajarhat, New Town, Akandakeshari, Kolkata-700 135.
Email id: roc.kolkata@mca.gov.in
Website: www.mca.gov.in

Registrar to the Issue
MUFG Intime India Private Limited
Address: C-101, 1st Floor, 247 Park, Lal Bhadur Shastri Marg, Vikhroli
(West), Mumbai 400 083 Maharashtra, India
Telephone: +91 810 811 4949
E-mail id: classicelectrodes.ipo@in.mpms.mufg.com
Website: www.in.mpms.mufg.com

Book Running Lead Managers (BRLMs)

BRLM Full Name
GYR Capital Advisors Private Limited.

For full contact details including representatives, emails, and phone numbers, of BRLM's please refer to the Red Herring Prospectus (RHP).

Important IPO Documents

1. What is the Classic Electrodes IPO?

The Classic Electrodes IPO is a book-built issue aiming to raise ₹41.51 crore. It comprises a fresh issue of ₹0.48 crore.

2. When does the Classic Electrodes IPO open and close?

Opening Date: August 22, 2025.
Closing Date: August 26, 2025.

3. What is the price band for the Classic Electrodes IPO?

The price band is set between ₹82 and ₹87 per share.

4. What is the lot size and minimum investment for the Classic Electrodes IPO?

Lot Size: 1600 shares (Minimum Bids 3200 Shares)
Minimum Investment: ₹2,78,400.

5. What is the issue size of the Classic Electrodes IPO?

The total issue size is ₹41.51 crore, which includes:
Fresh Issue: ₹0.48 crore.

6. Who is the registrar for the Classic Electrodes IPO?

The registrar for this IPO is MUFG Intime India Private Limited.

7. Where will the Classic Electrodes shares be listed?

The shares are proposed to be listed on the NSE (NSE is the designated stock exchange).

8. When will the allotment be finalized?

The basis of allotment is expected to be finalized on 28 August 2025.

9. When is the Classic Electrodes IPO listing date?

The shares are expected to be listed on 01 September 2025.

10. How can I check the allotment status?

You can check the allotment status by visiting our dedicated page here: IPO Allotment Status.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. Recipients should conduct their own research and assessments and consult their investment advisor before making any investment decisions. This does not constitute a personal recommendation/investment advice.

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