Classic Electrodes IPO Day 3 Subscription Status: Subscribed 179.97 Times with Massive NII & Retail Demand

Classic Electrodes (India) Limited's initial public offering (IPO) has demonstrated exceptional investor interest through its third and final day of subscription, with Classic Electrodes' stock price set at ₹82-87 per share reflecting outstanding market reception. The ₹41.51 crore IPO reached 179.97 times by 5:18:59 PM on day three, indicating spectacular investor interest in this welding consumables manufacturing company incorporated in 1997.

Classic Electrodes IPO non-institutional investors segment leads with exceptional 356.75 times subscription, whilst individual investors demonstrate spectacular participation at 158.44 times and qualified institutional buyers (ex-anchor) show strong interest at 84.88 times, whilst anchor investors show complete participation at 1.00 times, reflecting exceptional investor confidence in this company.

Classic Electrodes IPO subscription reached spectacular 179.97 times on day three, led by Non-Institutional Investors (356.75x), Individual Investors (158.44x), and Qualified Institutional Buyers Ex-Anchor (84.88x). Total applications reached 1,01,973.

Subscription Status of Classic Electrodes IPO:

Here are the subscription details for Classic Electrodes IPO as of Day 3 (August 26, 2025, 5:18:59 PM):

Classic Electrodes IPO Reservation

Key Highlights - Day 3:

• Overall subscription reached spectacular 179.97 times, showing extraordinary improvement from day two's 15.76 times.
• Non-institutional investors category displaying exceptional interest at 356.75 times, building dramatically from day two's 20.32 times
• bNII category demonstrating outstanding performance at 421.54 times, building substantially from day two's 20.08 times
• sNII segment showing spectacular participation at 227.62 times, building substantially from day two's 20.79 times
• Individual investors showing exceptional confidence at 158.44 times, building substantially from day two's 21.10 times
• Qualified institutional buyers (ex-anchor) displaying strong growth at 84.88 times, building substantially from day two's 3.01 times
• Total applications reached 1,01,973, indicating exceptional investor participation for this SME IPO
• Cumulative bid amount reached ₹4,927.62 crores against the issue size of ₹41.51 crores

Classic Electrodes IPO - Day 2 Subscription at 15.76 Times

Key Highlights - Day 2:

• Overall subscription reaching strong 15.76 times, showing substantial improvement from day one's 1.99 times
• Individual investors showing strong performance at 21.10 times, building substantially from day one's 2.78 times
• Non-institutional investors displaying good growth at 20.32 times, building substantially from day one's 1.43 times
• bNII segment demonstrating solid performance at 20.08 times, building substantially from day one's 1.25 times
• sNII category showing strong interest at 20.79 times, building substantially from day one's 1.79 times
• Qualified institutional buyers (ex-anchor) showing moderate improvement at 3.01 times, building from day one's 1.03 times

Classic Electrodes IPO - Day 1 Subscription at 1.99 Times

Key Highlights - Day 1:

• Overall subscription reached moderate 1.99 times, showing encouraging initial investor interest
• Individual investors displaying good confidence at 2.78 times, showing positive retail sentiment
• sNII segment showing modest interest at 1.79 times, indicating reasonable smaller HNI participation
• Non-institutional investors showing modest performance at 1.43 times, with measured HNI appetite
• bNII category demonstrating modest performance at 1.25 times, showing cautious larger HNI interest
• Qualified institutional buyers showing modest performance at 1.03 times, indicating initial institutional assessment
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About Classic Electrodes (India) Limited

Incorporated in 1997, Classic Electrodes (India) Limited is an Indian welding consumables manufacturing company engaged in producing electrodes and MIG wires, specializing in mild steel, stainless steel, cast iron and deep penetration electrodes for various industrial applications with manufacturing facilities in West Bengal and Haryana serving domestic and international markets.