{"id":13598,"date":"2025-08-19T18:16:53","date_gmt":"2025-08-19T12:46:53","guid":{"rendered":"https:\/\/www.torusdigital.com\/toruscope\/?p=13598"},"modified":"2025-11-10T12:59:21","modified_gmt":"2025-11-10T07:29:21","slug":"classic-electrodes-ipo-opens-what-investors-need-to-know","status":"publish","type":"post","link":"https:\/\/www.torusdigital.com\/toruscope\/news\/classic-electrodes-ipo-opens-what-investors-need-to-know\/","title":{"rendered":"Classic Electrodes (India) Ltd. IPO Opens: Key Details Investors Shouldn\u2019t Miss"},"content":{"rendered":"

[vc_section el_id=”blog-inner-layout”][vc_row overlay_dotted=””][vc_column el_class=”blog_primary”][vc_row_inner][vc_column_inner][vc_column_text css=””]India’s IPO market remains robust in August 2025, with several high-profile offerings lined up across the manufacturing and engineering sectors. Riding this momentum, Classic Electrodes (India) Limited, a leading manufacturer of welding consumables, has opened its IPO on August 22, 2025.<\/p>\n

Here is a detailed insight into the <\/span>Classic Electrodes IPO details<\/span><\/a> and the industry outlook.<\/span><\/p>\n

<\/span>About Classic Electrodes (India) Ltd.<\/b><\/span><\/h2>\n

Established in 1997, Classic Electrodes (India) Limited is a well-known manufacturer of a wide range of welding consumables. The company’s product portfolio includes mild steel, stainless steel, cast iron, and deep penetration electrodes, as well as MIG wires. With two manufacturing units in West Bengal and Haryana, the company serves both domestic and international clients.<\/span><\/p>\n

Classic Electrodes has established a strong reputation for producing high-quality products that are used in various industries. The company’s focus on research and development allows it to create specialised products and solutions for its customers.<\/span><\/p>\n

<\/span>Classic Electrodes (India) Ltd. IPO Details<\/b><\/span><\/h2>\n

The Classic Electrodes IPO is a book-building issue of \u20b941.51 crore. The entire issue is a fresh issue of 47.71 lakh shares. The proceeds will be used for capital expenditure, repayment of borrowings, and funding working capital requirements.<\/span><\/p>\n

<\/span>Important IPO Timeline<\/b><\/span><\/h2>\n\n\n\n\n\n\n\n\n\n\n
Event<\/b><\/td>\nDate<\/b><\/td>\n<\/tr>\n
IPO Open Date<\/b><\/td>\nFri, Aug 22, 2025<\/span><\/td>\n<\/tr>\n
IPO Close Date<\/b><\/td>\nTue, Aug 26, 2025<\/span><\/td>\n<\/tr>\n
Tentative Allotment<\/b><\/td>\nThu, Aug 28, 2025<\/span><\/td>\n<\/tr>\n
Initiation of Refunds<\/b><\/td>\nThu, Aug 28, 2025<\/span><\/td>\n<\/tr>\n
Credit of Shares to Demat<\/b><\/td>\nFri, Aug 29, 2025<\/span><\/td>\n<\/tr>\n
Tentative Listing Date<\/b><\/td>\nMon, Sep 1, 2025<\/span><\/td>\n<\/tr>\n
Cut-off time for UPI mandate confirmation<\/b><\/td>\n5 PM on Aug 26, 2025<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

<\/span>Key IPO Details<\/b>
\n<\/a><\/span><\/h2>\n\n\n\n\n\n\n\n\n\n\n\n\n
Particulars<\/b><\/td>\nDetails<\/b><\/td>\n<\/tr>\n
Face Value<\/b><\/td>\n\u20b910 per share<\/span><\/td>\n<\/tr>\n
Issue Price Band<\/b><\/td>\n\u20b982 to \u20b987 per share<\/span><\/td>\n<\/tr>\n
Lot Size<\/b><\/td>\n1,600 Shares<\/span><\/td>\n<\/tr>\n
Total Issue Size<\/b><\/td>\n47,71,200 shares (aggregating up to \u20b941.51 Cr)<\/span><\/td>\n<\/tr>\n
Fresh Issue<\/b><\/td>\n47,71,200 shares (aggregating up to \u20b941.51 Cr)<\/span><\/td>\n<\/tr>\n
Issue Type<\/b><\/td>\nBookbuilding IPO<\/span><\/td>\n<\/tr>\n
Listing At<\/b><\/td>\nNSE SME<\/span><\/td>\n<\/tr>\n
Shareholding Pre-Issue<\/b><\/td>\n1,31,93,750 shares<\/span><\/td>\n<\/tr>\n
Shareholding Post-Issue<\/b><\/td>\n1,79,64,950 shares<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

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\n<\/a><\/p>\n

<\/span>Lot Size of Classic Electrodes (India) Ltd. IPO<\/b><\/span><\/h2>\n\n\n\n\n\n\n\n\n
Application<\/b><\/td>\nLots<\/b><\/td>\nShares<\/b><\/td>\nAmount<\/b><\/td>\n<\/tr>\n
Individual investors (Retail) (Min)<\/b><\/td>\n2<\/span><\/td>\n3,200<\/span><\/td>\n\u20b92,78,400<\/span><\/td>\n<\/tr>\n
Individual investors (Retail) (Max)<\/b><\/td>\n2<\/span><\/td>\n3,200<\/span><\/td>\n\u20b92,78,400<\/span><\/td>\n<\/tr>\n
S-HNI (Min)<\/b><\/td>\n3<\/span><\/td>\n4,800<\/span><\/td>\n\u20b94,17,600<\/span><\/td>\n<\/tr>\n
S-HNI (Max)<\/b><\/td>\n7<\/span><\/td>\n11,200<\/span><\/td>\n\u20b99,74,400<\/span><\/td>\n<\/tr>\n
B-HNI (Min)<\/b><\/td>\n8<\/span><\/td>\n12,800<\/span><\/td>\n\u20b911,13,600<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

<\/span>Classic Electrodes (India) Ltd. Financials<\/b><\/span><\/h2>\n

Classic Electrodes (India) Ltd. has demonstrated significant financial growth, with a strong performance in key metrics such as revenue and profit. As the company prepares for its IPO<\/a>, it is valued at a market capitalisation of \u20b9156.29 crore at the upper end of the price band.<\/span><\/p>\n

<\/span>Key Performance Indicators (as of Mar 31, 2024)<\/b><\/span><\/h3>\n