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CLASSICEILSME / NSEListed
Classic Electrodes (India)

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.

₹82 - ₹87180.1x sub
Listed Price₹100.00
Listing Gain+14.94%

IPO Schedule & Timeline

Bookbuilding IPO
Open22 Aug 2025
Close26 Aug 2025
Allotment28 Aug 2025
Listing01 Sep 2025

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Retail15,72,800 shares
32.96%
bHNI4,49,600 shares
9.42%
sHNI2,25,600 shares
4.73%
QIB8,99,200 shares
18.85%
Anchor13,45,600 shares
28.2%
Market Maker2,78,400 shares
5.84%

Minimum Application Lots

Retail2 Lots (3,200 shares)
₹2,78,400
sHNI3 Lots (4,800 shares)
₹4,17,600
bHNI8 Lots (12,800 shares)
₹11,13,600

Company Promoters

Mr. Hanuman Prasad AgarwalMr. Sushil Kumar AgarwalMr. Nitesh AgarwalMr. Sunil Kumar MittalM/s Alltime Suppliers Private Limited

Company Background

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 ...

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Feb-25)₹187.9 Cr
Growth+39.8%
Revenue Trend (₹ in Crores)
0.074.5149.0223.6Mar-22Mar-23Mar-24Feb-25
PeriodRev (Cr)PAT (Cr)AssetsDebt
Feb-25187.99.6116.353.5
Mar-24194.412.388.546.7
Mar-23151.12.176.844.1
Mar-22134.41.575.040.2

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Feb-257.2624.66%17.68%9.3314.97
Mar-249.3244.11%25.78%00
Mar-231.5810.08%9.38%00

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Link Intime India Private Limited

Allotment Finalized
Allotment Date
28 Aug 2025
Official Status
Out / Finalized
Registrar
Link Intime India Private Limited
Listing Date
01 Sep 2025

Official Allotment Verification Links

Official Registrar Portal
Link Intime India Private Limited

Direct allotment verification on the official registrar portal appointed for Classic Electrodes (India). Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization28 Aug 2025Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date01 Sep 2025Trading commences on exchange

How to Check Classic Electrodes (India) Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Classic Electrodes (India) from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Allotment FAQs & Help

About Classic Electrodes (India) IPO

Complete issue overview for Classic Electrodes (India) (CLASSICEIL) IPO. The issue features an equity share price band of ₹82 – ₹87 per share with a minimum retail lot size of 1600 Shares (minimum application amount of ₹1,39,200). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions