Listed Price₹100.00
Listing Gain+14.94%
Price Band₹82 - ₹87
Lot Size1,600 shares
Min Bid₹1,39,200
Subscription180.1x
Listed Market Snapshot
₹100.00Listed price from market data
+14.94%listing gain
Issue Amount
₹41.5 Cr
Listed Price
₹100.00
Current Price
₹56.75
Registrar
Link Intime India Private Limited
Timeline•Bookbuilding IPO
Open22 Aug 2025
Close26 Aug 2025
Allotment28 Aug 2025
Listing01 Sep 2025
Quota Reservation Portions
RetailPortion: 15,72,800 shares
32.96%bHNIPortion: 4,49,600 shares
9.42%sHNIPortion: 2,25,600 shares
4.73%QIBPortion: 8,99,200 shares
18.85%AnchorPortion: 13,45,600 shares
28.2%Market MakerPortion: 2,78,400 shares
5.84%Minimum Application Bracket Matrix
Retail2 lots / 3,200 shares
₹2,78,400sHNI3 lots / 4,800 shares
₹4,17,600bHNI8 lots / 12,800 shares
₹11,13,600About the Company
Classic Electrodes (India) Limited, founded in 1997 and based in Kolkata, is a leading Indian manufacturer of welding consumables such as electrodes and MIG wires. The company serves both domestic and international markets with a wide range of products including mild steel, stainless steel, cast iron, deep penetration electrodes, and MIG wires for different industrial applications. It operates two manufacturing units, one in Dhulagarh, West Bengal, and another in Jhajjar, Haryana, while a third unit in Bahadurgarh was closed in FY 2023-24. Strategically located for easy access to raw materials and transportation, the company ensures efficient distribution. As of July 31, 2024, it employed 78 permanent staff members.
Company Promoters
Mr. Hanuman Prasad AgarwalMr. Sushil Kumar AgarwalMr. Nitesh AgarwalMr. Sunil Kumar MittalM/s Alltime Suppliers Private Limited
Lead Managers
Registrar
Link Intime India Private Limited