Classic Electrodes IPO Allotment Status

Classic Electrodes (India) Limited is a prominent Indian manufacturer specializing in welding consumables, including electrodes and MIG wires, established in 1997 and headquartered in Kolkata, West Bengal. The company operates two manufacturing units strategically located in Dhulagarh, West Bengal, and Jhajjar, Haryana, with 95 permanent employees as of February 28, 2025, offering a diverse range of welding consumables including mild steel electrodes, stainless steel electrodes, cast iron electrodes, deep penetration electrodes, and MIG wires designed for various industrial applications.

The Classic Electrodes IPO came with a total issue size of ₹41.51 crore, comprising entirely a fresh issue of 0.48 crore shares aggregating to ₹41.51 crore. The IPO opened on August 22, 2025, and closed on August 26, 2025. The allotment for the Classic Electrodes IPO is expected to be finalized on Thursday, August 28, 2025. The Classic Electrodes IPO share price band was set at ₹82 to ₹87 per share.

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Steps to Check Classic Electrodes IPO Allotment Status on Registrar Site

• Visit the MUFG Intime India Pvt.Ltd. website 
• Select "Classic Electrodes" from the dropdown menu on the allotment status page
• Enter your PAN ID, Demat Account Number, or Application Number in the designated field
• Complete the captcha verification process and click on the "Submit" button to view your allotment status

Steps to Check Classic Electrodes IPO Allotment Status on NSE

• Navigate to the NSE IPO Allotment Status Page
• Select the issue type: equity/debt
• Choose "Classic Electrodes" from the list of active IPOs in the dropdown menu
• Input your Application Number and PAN ID in the required fields
• Verify the captcha and click "Search" to check your allotment status

Classic Electrodes IPO Subscription Status

Classic Electrodes IPO received phenomenal investor interest, being subscribed 179.97 times overall. The subscription showed extraordinary confidence across categories in the Classic Electrodes IPO stock price potential. Here is a category-wise breakdown of the subscription as of 5:18:59 PM on August 26, 2025:

• Non-Institutional Investors (NII): 356.75 times.
• QIB Category: 84.88 times.

Classic Electrodes IPO Share Price and Investment Details

The Classic Electrodes IPO stock price band was set at ₹82 to ₹87 per share with a minimum lot size of 1,600 shares. The minimum investment required for individual investors was ₹2,78,400 for 2 lots (3,200 shares). The issue included up to 13,44,000 shares allocated to anchor investors raising ₹11.69 crore. Given the phenomenal subscription response of 179.97 times overall, with QIB category showing exceptional response at 84.88 times and NII demonstrating extraordinary response at 356.75 times, the Classic Electrodes IPO share price is expected to list with exceptional to phenomenal premium.

Utilisation of IPO Proceeds

The funds raised through the IPO will be utilised as follows:

• Funding capital expenditure to purchase Plant and Machinery: ₹10.00 crore.
• Repayment of a portion of certain outstanding borrowing availed by the company: ₹10.00 crore.
• Funding the working capital requirements of the company: ₹16.60 crore.
• General corporate purposes: Remaining amount.

Business Overview

Classic Electrodes (India) Limited is a prominent manufacturer of welding consumables with a strong brand known for quality, reliability, and performance, trusted by industrial users and distributors in India and select global markets. The company offers a wide range of welding consumables including mild steel electrodes for general-purpose welding, stainless steel electrodes for corrosion-resistant applications, cast iron electrodes for component repair, deep penetration electrodes for heavy-duty requirements, and MIG wires for metal inert gas welding processes. With modern production facilities featuring automated processes, efficient supply chain, strong dealer relationships ensuring timely product delivery, and in-house research and development capabilities, the company provides comprehensive engineering solutions to domestic and international customers across various industrial sectors while maintaining focus on quality certifications and continuous product innovation.