Classic Electrodes IPO Date, Review, Price, Allotment Details
Classic Electrodes IPO open date is August 22, 2025 and the IPO will close on August 26, 2025. Classic Electrodes IPO is a Book-Build Issue. The company is to raise around ₹41.51 crores via IPO that comprises a fresh issue of ₹41.51 crores and an offer for sale of up to [.] equity shares with a face value of ₹10 each.
Classic Electrodes IPO price band is ₹82 to ₹87 per share. The retail quota is 35%, QIB is 50%, and HNI is 15%. Classic Electrodes IPO to list on NSE on September 1, 2025. The allotment of Classic Electrodes IPO date is August 28, 2025.
The company reported revenue of ₹194.41 crores in 2024 against ₹151.13 crores in 2023. The company reported a profit of ₹12.28 crores in 2024 against a profit of ₹2.08 crores in 2023. As per the financials, the IPO investors should apply for the IPO for the long term.
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 a ₹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 a well-known Indian firm that specializes in welding consumables, such as electrodes and MIG wires. It was founded in 1997 and has its headquarters in Kolkata, West Bengal. The business offers engineering solutions to both domestic and foreign clients in addition to producing welding electrodes. A wide variety of welding consumables intended for different industrial purposes is available from Classic Electrodes.
Unit I is located in Dhulagarh, West Bengal, and Unit II is located in Jhajjar, Haryana. Unit III, which was located in Bahadurgarh, Haryana, closed in FY 2023–2024. These facilities are ideally situated in West Bengal, providing easy access to a range of transportation options for effective product distribution, sourcing of raw materials, and client interaction.
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 a profit of ₹12.28 crores in 2024 against a 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 valuation details like Earnings Per Share (EPS), Price/Earnings 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/Earnings 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 the 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 Registrar
MUFG Intime India Pvt. Ltd.
Phone: +91-22-4918 6270
Email: classicelectrodes.ipo@linkintime.co.in
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: compliance@classicelectrodes.com
Website: http://www.classicelectrodes.com/