Recently Viewed
Clear AllQuality Score
0/0
Growth Score
0/0
Valuation Score
0/0
Bidding Date
22-Aug-2025 to
26-Aug-2025
Issue Size
₹41.51 Cr
Price Band
₹82 to ₹87
Allotment date
28-Aug-2025
Listing date
01-Sep-2025
Lot size
1600
No. of shares
47,71,200
Fresh issue/OFS
₹41.51 Cr /--
Classic Electrodes (India) Limited, established in 1997, is a manufacturing company specializing in welding electrodes and engineering solutions for both domestic and international markets. With nearly three decades of experience, the company offers an extensive product portfolio that includes general-purpose electrodes, MIG wires, and a variety of specialized consumables such as low hydrogen, stainless steel, cast iron, hard surfacing, and reclamation electrodes. Operating through strategically located manufacturing units in West Bengal and Haryana, it caters to industries with high-quality, tailor-made solutions. The company also engages in trading activities, leveraging bulk procurement of raw materials to deliver cost-effective products and expand its market reach.
Category
Status
QIBs
--
NIIs
--
Retail
--
Others
--
Total
165.3x
The issue size of Classic Electrodes is ₹41.51 Cr.
Classic Electrodes falls into Machinery & Equipments industry.
The Classic Electrodes IPO will be listed on BSE.
The open and close dates for the Classic Electrodes are 22-Aug-2025 & 26-Aug-2025.
The price band for the Classic Electrodes ipo is ₹82 to ₹87
The listing date of Classic Electrodes IPO is 01-Sep-2025.
The purpose of this IPO is to raise fresh capital.
Classic Electrodes total subscription ratio is 165.3X.
Key financial of the Classic Electrodes are:
| Classic Electrodes | FY-25 | FY-24 | FY-23 | FY-22 |
|---|---|---|---|---|
| Revenue (₹ Cr) | 205.79 | 193.82 | 150.87 | 133.84 |
| EBIT (₹ Cr) | 19.66 | 17 | 6.12 | 4.52 |
| Proft after Tax (₹ Cr) | 11.62 | 9.56 | 2.08 | 1.45 |
| Debt (₹ Cr) | 54.38 | 45.73 | 43.11 | 39.21 |
| Net Worth (₹ Cr) | 45.21 | 33.59 | 21.64 | 19.55 |
| RoE (%) | 25.7 | 28.45 | 9.63 | 7.43 |