Classic Electrodes IPO Details
| IPO Open Date: | August 22, 2025 |
| IPO Close Date: | August 26, 2025 |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹82 to ₹87 Per Share |
| Issue Size: | Approx ₹41.51 Crores |
| Fresh Issue: | Approx ₹41.51 Crores |
| Lot Size: | 1,600 Shares |
| Issue Type: | Book-Build Issue |
| IPO Listing: | NSE SME |
| Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
Classic Electrodes IPO Market Lot
The Classic Electrodes IPO minimum market lot is 3,200 shares with ₹2,78,400 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 2 | 3,200 | ₹2,78,400 |
| Retail Maximum | 2 | 3,200 | ₹2,78,400 |
| S-HNI Minimum | 3 | 4,800 | ₹4,17,600 |
Classic Electrodes IPO Dates
The Classic Electrodes IPO date is August 22 and the close date is August 26. The Classic Electrodes IPO allotment will be finalized on August 28 and the IPO listing on September 1.
| IPO Open Date: | August 22, 2025 |
| IPO Close Date: | August 26, 2025 |
| Basis of Allotment: | August 28, 2025 |
| Refunds: | August 29, 2025 |
| Credit to Demat Account: | August 29, 2025 |
| IPO Listing Date: | September 1, 2025 |
Promoters of Classic Electrodes IPO
The promoters of the company are Mr. Hanuman Prasad Agarwal, Mr. Sushil Kumar Agarwal, Mr. Nitesh Agarwal, Mr. Sunil Kumar Mittal and M/s Alltime Suppliers Private Limited.
About Classic Electrodes IPO
Classic Electrodes (India) Limited is one of the leading companies, founded in 1997, involved in the manufacturing of welding consumables, including electrodes and MIG wires. Classic Electrodes is involved in offering engineering solutions to domestic and international customers. The company includes 78 permanent employees as of July 31, 2024.
Classic Electrodes makes a wide range of welding consumables, including mild steel, stainless steel, cast iron, and deep penetration electrodes, as well as MIG wires for various industrial welding needs. It comprises 2 manufacturing units, 1 unit in Dulagarh, West Bengal, and Unit 2 in Jhajjar, Haryana. While in FY23-24, its 3 units closed. These units are located in West Bengal, giving easy access to transport, raw materials, and customers for smooth operations.
Classic Electrodes IPO Company Financial Report
The company reported revenue of ₹194.41 crores in 2024 against ₹151.13 crores in 2023. The company reported profit of ₹12.28 crores in 2024 against profit of ₹2.08 crores in 2023.
Amount ₹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2022 | ₹134.37 | ₹132.39 | ₹1.45 | ₹74.99 |
| 2023 | ₹151.13 | ₹148.34 | ₹2.08 | ₹76.79 |
| 2024 | ₹194.41 | ₹177.95 | ₹12.28 | ₹92.20 |
Classic Electrodes IPO Valuation – FY2024
Check Classic Electrodes IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | 36.21% |
| ROCE: | 26.13% |
| EBITDA Margin: | 11.85% |
| PAT Margin: | 6.34% |
| Debt to equity ratio: | 1.35 |
| Earning Per Share (EPS): | ₹9.31 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 36.21% |
| Net Asset Value (NAV): | ₹25.71 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Gee Limited | 4.95 | 26.46 | 15.69 | 86.80 | 369.87 Cr. |
| Ador Welding Limited | 43.60 | 21.11 | 18.32 | 203.41 | 896.90 Cr. |
Objects of the Issue
- Funding capital expenditure of our company to purchase Plant and Machinery
- Repayment of a portion of certain outstanding borrowing availed by the company
- Funding the working capital requirements of the company
- General Corporate Purposes
Classic Electrodes IPO Review
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Classic Electrodes IPO Registrar
MUFG Intime India Pvt. Ltd.
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://in.mpms.mufg.com/Initial_Offer/public-issues.html
IPO Lead Managers aka Merchant Bankers
- GYR Capital Advisors Pvt.Ltd
Company Address
Classic Electrodes (India) Ltd.
1 A,
Bonfield Lane
Kolkata, West Bengal, 700001
Phone: +91 8336007981
Email: [email protected]
Website: http://www.classicelectrodes.com/
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Note: The Classic Electrodes IPO price band and date are officially announced. The (Classic Electrodes IPO grey market premium) will be added to the IPO GMP page as it will start).
