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Classic Electrodes (India) Limited

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 Price100.00
Listing Gain+14.94%
Subscription180.1x total demandUpdated 21 Nov 2025, 11:08 AM
QIB84.88x
🔥 Blockbuster Sizzling Demand!Offered: 8,99,200 sh
Nib357.19x
🔥 Blockbuster Sizzling Demand!Offered: 6,75,200 sh
Hnis(10l +)422.16x
🔥 Blockbuster Sizzling Demand!Offered: 4,49,600 sh
Hnis (2-10l)227.70x
🔥 Blockbuster Sizzling Demand!Offered: 2,25,600 sh
Retail158.52x
🔥 Blockbuster Sizzling Demand!Offered: 15,72,800 sh
CategoryOfferedAppliedTimes
QIB8,99,2007,63,21,60084.88x
Nib6,75,20024,11,72,800357.19x
Hnis(10l +)4,49,60018,98,03,200422.16x
Hnis (2-10l)2,25,6005,13,69,600227.7x
Retail15,72,80024,93,21,600158.52x
Segment Subscription Demand
Segment / CategoryDemand (Shares)Offered (Shares)Times Sub.
QIB6647.8284.91x
Retail2,169.113.68158.56x
Hnis 2+446.921.96228.02x
Hnis 10+1,651.293.91422.32x
Application-wise Breakup
CategoryReservedAppliedTimes Sub.
QIB071Open
Nib024,032Open
Retail49277,913158.36x
Hnis(10l +)9414,038149.34x
Hnis (2-10l)479,994212.64x