
Classic Electrodes (India) Limited IPO
Classic Electrodes (India) Limited IPO is a SME book building IPO. Price band is ₹87 per share. Minimum investment is ₹2.78 L. Lot size is 1600 shares. Open from 22 Aug 2025 to 26 Aug 2025. Allotment on 28 Aug 2025. Listing on 1 Sept 2025 at NSE. Managed by GYR Capital Advisors Pvt.Ltd.. Registrar: MUFG Intime India Private Limited (Link Intime). Key details for GMP, subscription, price, allotment, and listing in one place.
Classic Electrodes (India) Limited IPO overview
Classic Electrodes (India) Limited IPO Key figures
Price band, lot, minimum application, and issue window at a glance.
Classic Electrodes (India) Limited IPO important dates
Classic Electrodes (India) Limited IPO lot size
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 3,200 | ₹2,78,400 |
| S-HNI (Min) | 3 | 4,800 | ₹4,17,600 |
| S-HNI (UPI) | 3 | 4,800 | ₹4,17,600 |
| S-HNI (Max) | 7 | 11,200 | ₹9,74,400 |
| B-HNI (Min) | 8 | 12,800 | ₹11,13,600 |
About Classic Electrodes (India) Limited IPO
From the company / RHP narrative.
The company manufactures welding electrodes and provides engineering solutions to domestic and international customers.
Classic Electrodes offers a diverse range of welding consumables designed for various industrial applications.
Their product line includes:
Mild Steel Electrodes: Suitable for general-purpose welding tasks.
Stainless Steel Electrodes: Designed for corrosion-resistant welding applications.
Cast Iron Electrodes: Ideal for repairing cast iron components.
Deep Penetration Electrodes: Engineered for heavy-duty welding requirements.
MIG Wires: Used in metal inert gas welding processes.
The company has two manufacturing units: Unit I in Dhulagarh, West Bengal, and Unit II in Jhajjar, Haryana. Previously in Bahadurgarh, Haryana, Unit III closed in FY 2023-2024. These units are strategically located in West Bengal, ensuring access to various transportation modes for efficient product distribution, raw material sourcing, and customer access.
As of February 28, 2025, the company had an employee base of 95 permanent employees.
Competitive Strength:
Strong brand known for quality, reliability, and performance, trusted by industrial users and distributors in India and select global markets.
Wide range of welding consumables: mild steel, stainless steel, cast iron electrodes, deep penetration electrodes, and MIG wires.
Modern production facility in West Bengal with automated processes.
Focus on Quality and Certifications.
Efficient supply chain and strong dealer relationships ensure timely product delivery.
In-house Research & Development.
Objective of the issue
How the issuer plans to use IPO proceeds.
Repayment of a portion of certain outstanding borrowing availed by the company
Funding the working capital requirements of the company
General Corporate Purposes
Documents & links
Prospectus, draft filings, and company site open in a new tab.
Registrar
Details about the registrar of the issue.
Issue details
Key details about the issue, including the face value, lot size, and minimum investment.
Related articles
Research posts and updates that reference this company or theme.
Follow IPO & unlisted research in the app, available on iOS and Android.