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Classic Electrodes India IPO

  • Status: Closed
  • RHP:
  • ₹ 262,400 / 3200 shares

    Minimum Investment

IPO Listing Details

  • Listing Date

    01 Sep 2025

  • Listing Price

    ₹ 100.00

  • Listing Change

    14.94%

  • Last Traded Price

    ₹ 74.00

Classic Electrodes India IPO Details

  • Open Date

    22 Aug 2025

  • Close Date

    26 Aug 2025

  • Listing Date

    01 Sep 2025

  • IPO Price Range

    ₹ 82 to ₹87

  • IPO Size

    ₹ 41.51 Cr

  • Listing Exchange

    NSE SME

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Timeline Subscription Status Financials SWOT FAQ Contacts

Classic Electrodes India IPO Timeline

Classic Electrodes India IPO Subscription Status

Last Updated: 26 August 2025 6:34 PM by 5paisa

Classic Electrodes Limited, launching a ₹41.51 Cr IPO, is a leading Indian manufacturer of welding consumables, including electrodes and MIG wires, catering to both domestic and international markets. Its diverse product portfolio covers mild steel, stainless steel, cast iron, and deep penetration electrodes, along with MIG wires for varied industrial applications. The company operates two manufacturing facilities—Unit I in Dhulagarh, West Bengal, and Unit II in Jhajjar, Haryana.
 
Established in: 1997
Managing Director: Mr. Sushil Kumar Agarwal

 

Peers

● D & H India Limited
● Ador Welding Limited
● Diffusion Engineers Ltd

Classic Electrodes India Objectives

1. The company intends to utilise the funds for capital expenditure towards the purchase of plant and machinery.
2. A portion of the proceeds will be used for the repayment of certain outstanding borrowings availed by the company.
3. The funds will also be allocated to meet the working capital requirements of the company.
4. Part of the proceeds will be applied towards general corporate purposes.
 

Classic Electrodes India IPO Size

Types Size
Total IPO Size ₹41.51 Cr
Offer For Sale -
Fresh Issue ₹41.51 Cr

 

Classic Electrodes India IPO Lot Size

Application Lots Shares Amount
Retail (Min) 2 3,200 2,62,400
Retail (Max) 2 3,200 2,62,400
S-HNI (Min) 3 4,800 3,93,600
S-HNI (Max) 7 11,200 9,18,400
B-HNI (Min) 8 12,800 10,49,600

Classic Electrodes India IPO Reservation

Investors Category Subscription (times) Shares Offered Shares bid for Total Amount (Cr.)*
QIB 84.88 8,99,200 7,63,21,600 663.998
NII (HNI) 356.75 6,75,200 24,08,75,200 2,095.614
Retail 158.44 15,72,800 24,91,96,800 2,168.012
Total** 179.97 31,47,200 56,63,93,600 4,927.624

 

*The "Shares Offered" and "Total Amount" are calculated using the upper limit of the issue price range.
**Shares allocated to anchor investors (or market makers) are excluded from the total number of shares offered.

Profit and Loss

Balance Sheet

Particulars (in Rs. Crores) FY23 FY24 FY25
Revenue 151.13 194.41 187.90
EBITDA 8.54 23.04 19.24
PAT 2.08 12.30 9.57
Particulars (in Rs. Crores) FY23 FY24 FY25
Total Assets 76.79 88.53 16.34
Share Capital 5.28 5.28 13.19
Total Borrowings 44.11 46.73 53.50
Particulars (in Rs. Crores) FY23 FY24 FY25
Net Cash Generated From / (used in) operating activities 168.25 285.95 24.22
Net Cash Generated From / (used in) investing activities -1.96 -0.97 -3.31
Net Cash Generated From / (used in) financing activities 0.31 -1.97 2.17
Net Increase (Decrease) In Cash And Cash Equivalents 0.03 -0.08 0.10


Strengths

1. Wide product range catering to diverse industrial needs.
2. Established presence in both domestic and international markets.
3. Strategically located manufacturing units ensure efficient distribution.
4. Strong expertise in welding consumables and engineering solutions.
 

Weaknesses

1. Closure of Unit III indicates operational challenges recently.
2. High dependency on raw material price fluctuations.
3. Limited brand recognition compared to larger global players.
4. Borrowings highlight reliance on external financial support.
 

Opportunities

1. Growing demand for welding solutions in infrastructure projects.
2. Expanding export potential across developing international markets.
3. Technological advancements can improve product quality and efficiency.
4. IPO funds will support expansion and business growth.
 

Threats

1. Rising competition from established domestic and global brands.
2. Volatility in steel prices may impact profit margins.
3. Economic slowdown can reduce industrial welding consumables demand.
4. Compliance with strict environmental regulations increases operating costs.
 

1. Diverse product range catering to multiple industrial sectors.
2. Expanding domestic and international market opportunities ahead.
3. Strong infrastructure and strategically located manufacturing facilities.
4. IPO funds to support expansion and business growth.
 

Classic Electrodes operates in the welding consumables industry, which plays a vital role in infrastructure, automotive, and heavy engineering sectors. With growing industrialization, rising demand for reliable welding solutions, and government-led infrastructure projects, the market outlook remains positive. Backed by strategically located plants and a diverse product portfolio, the company is well-positioned to expand its domestic presence and capture global growth opportunities.
 

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FAQs

Classic Electrodes IPO opens from August 22, 2025 to August 26, 2025.

The size of Classic Electrodes IPO is ₹41.51 Cr.
 

The price band of Classic Electrodes IPO is fixed at ₹82 to ₹87 per share.

To apply for Classic Electrodes IPO, follow the steps given below:
 
●    Login to your 5paisa account and select the issue in the current IPO section    
●    Enter the number of lots and the price at which you wish to apply for the Classic Electrodes  IPO.    
●    Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.    
 
You will receive a mandate notification to block funds in your UPI app.
 

The minimum lot size of Classic Electrodes IPO is of 2 lots consisting of 3,200 shares and the investment required is ₹2,62,400.

The share allotment date of Classic Electrodes IPO is August 28, 2025

The Classic Electrodes IPO will likely be listed on September 1, 2025.

GYR Capital Advisors Pvt.Ltd is the book running lead manager for Classic Electrodes IPO.

Classic Electrodes plans to utilise the raised capital from the IPO for:

  • The company intends to utilise the funds for capital expenditure towards the purchase of plant and machinery.
  • A portion of the proceeds will be used for the repayment of certain outstanding borrowings availed by the company.
  • The funds will also be allocated to meet the working capital requirements of the company.
  • Part of the proceeds will be applied towards general corporate purposes.