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IPO Analysis > classic-electrodes-nse-sme

Classic Electrodes IPO Logo 

Classic Electrodes IPO: A Detailed Review 

Asia-Pacific leads the welding consumables market with 41% of the global market, driven by low-cost production in China, India, and global manufacturers. Being in the same industry, Classic Electrodes is coming up with an IPO for expansion. 


The Classic Electrodes IPO manager is GYR Capital Advisors, while the registrar is MUFG Intime India. Click here to know your allotment status.

See the Classic Electrodes DRHP and RHP

Note: Half of Classic Electrodes India Limited's IPO shares will be unlocked 30 days after allotment, while the rest will be free from lock-in restrictions after 90 days.

Classic Electrodes IPO Details: Company Profile

Here's a look at how Classic Electrodes has achieved its milestones.

Particulars

Details 

Incorporated 

1997

Registered Office 

West Bengal

Promoter

Mr Hanuman Prasad Agarwal

Products 

Manufacturing welding electrodes

Number of Employees 

95

Competitors 

D&H India and Diffusion Engineers 


Exploring the Classic Electrodes IPO Details

Check out the date, size, and price of this IPO.

  • Classic Electrodes IPO Date


Event

Date

IPO Opens

August 22, 2025

IPO Closes

August 26, 2025

Last time to confirm UPI mandate

August 26, 2025

Tentative Allotment

August 28, 2025

Refunds Initiation 

August 28, 2025

Shares credited to Demat

August 29, 2025

Listing on exchange

September 1, 2025

Get your demat account today with the best broker in the market. 

  • Classic Electrodes IPO size

Particulars

Shares

Aggregate Value

Fresh Issue 

47,71,200

Not Disclosed 

Offer for Sale

Not Disclosed 

Overall Issue 

Not Disclosed 

₹41.51 crores


  • Objectives of the offer 

Purpose

Amount

Purchase of plant and machinery 

Upto 147.49

Prepayment/repayment of borrowings

Upto 1000.00

Working capital needs of the company

Upto 1,660.00

General corporate purposes

Not Disclosed 

Total

Not Disclosed


  • Other takeaways from the Classic Electrodes IPO Price


Particulars

Description

Face value of each share

₹10

Price Range

₹82 to ₹87  

Listed At 

BSE SME


  • Categorisation of different investors 


Particulars

Market Maker

QIBs

Non-Institutional Investors

Individual Investors

Shares Reserved

Up to 2,78,400 Equity Shares

Not more than 22,44,800 Equity Shares

Not less than 6,75,200 Equity Shares

Not less than 15,72,800 Equity Shares 

Min. Application

Not Disclosed 

Not Disclosed 

Not Disclosed 

Bid size of 2 lots 

Max. Application

Not Disclosed 

Not Disclosed 

Up to Net Issue size (excl. QIB), as per limits

Not Disclosed 


Classic Electrodes SME IPO details: Key Financials 

Particulars

Feb 28, 2025

Mar 31, 2024

Mar 31, 2023

March 31, 2022

Equity Share Capital

1,319.38

527.75

527.75

527.75

Net Worth 

4,360.49

3,403.18

2,173.39

1,964.91

Revenue from Operations

18,760.18

19,382.12

15,087.13

13,384.12

Restated profit for the year/period

957.31

1,229.79

208.48

149.31

Restated Basic Earnings per Share 

7.26

9.32

1.58

1.13

Restated Diluted Earnings per Share 

7.26

9.32

1.58

1.13

Restated Net Asset Value per Share 

33.05

25.79

16.47

14.89

Total Borrowings 

5,349.84

4,672.68

4,411.49

4,020.88


Metrics of Classic Electrodes IPO 


Key Financial Performance

Feb 28, 2025

Fiscal 2024

Fiscal 2023

Fiscal 2022

Growth in Revenue from Operations (%)

N.A.

28.47%

12.72%

48.94%

EBITDA Margin (%) 

10.24%

11.85%

5.65%

4.52%

PAT Margin (%) 

5.10%

6.34%

1.38%

1.12%

Return on Net Worth 

21.95%

36.14%

9.59%

7.60%

RoAE (%) 

24.66%

44.11%

10.08%

7.80%

RoCE (%) 

17.68%

25.78%

9.38%

7.95%

Debt-Equity Ratio 

1.23

1.37

2.03

2.05


Strengths and risks

Let's go through the challenges and strengths Classic Electrodes India Ltd has.

Strengths 

  • Dealers, distributors, and direct sales build strong reach.

  • Wide mix of industries and clients, reducing dependency.

  • Smart use of solar power and gas furnaces for efficiency.

  • Investing in automation and new technology.

Risks

  • Raw material price swings affect profit margins.

  • Domestic market dependency limits growth.

  • Relying on key customers creates revenue risk.

  • Inflation and supply chain issues can impact the business.

IPO Closing Soon: Is Classic Electrodes IPO Worth the Rush?

As of 19 Aug 2025, the latest GMP information is not available. Check for new GMP updates. In the meantime, you can explore the company’s background and read the Classic Electrodes IPO review. 

You can also track live subscription figures.

FAQs

1. What is the Classic Electrodes IPO price?

The Classic Electrodes IPO price range is between ₹82 and ₹87 per share.  Always check the price band carefully to plan your investment.

2. What is the Classic Electrodes IPO GMP?

As of now, the Classic Electrodes IPO GMP is unavailable. It is an indicator and not a guarantee of market performance. However, you should get recent GMP updates frequently before investing. 

3. What is the Classic Electrodes IPO date?

The Classic Electrodes IPO will open for subscription on August 22, 2025 and will close on August 26, 2025. Investors can apply during this period using FinnPick or look for subscription status. 

4. Why do I need a Demat account for this IPO?

A Demat account is required because shares are credited directly into it in electronic form. Without a Demat account, you cannot apply for the Classic Electrodes IPO through the best broker.

5. Should retail investors invest in Classic Electrodes IPO?

Yes, retail investors are allowed in SME IPOs, but SEBI has raised the entry bar. A minimum application of ₹2 lakh is required for these issues. Because of this, small investors may find participation tough. The idea is to ensure only those ready for higher risks step in.

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