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Classic Electrodes (India) Limited
Issue Size (Net)
up to Rs.41.51 Cr
Price Band
Rs.82 to Rs.87 per share
Issue Opens
August 22, 2025
Issue Closes
August 26, 2025

Company Highlights

1. Company Information

Established in 1997 and headquartered in Kolkata, West Bengal, Classic Electrodes (India) Limited is a prominent Indian manufacturer specialising in welding consumables, including electrodes and MIG wires. The company manufactures welding electrodes and provides engineering solutions to domestic and international customers. Classic Electrodes offers a diverse range of welding consumables designed for various industrial applications. Their product line includes: Mild Steel Electrodes: Suitable for general-purpose welding tasks. Stainless Steel Electrodes: Designed for corrosion-resistant welding applications. Cast Iron Electrodes: Ideal for repairing cast iron components. Deep Penetration Electrodes: Engineered for heavy-duty welding requirements. MIG Wires: Used in metal inert gas welding processes. The company has two manufacturing units: Unit I in Dhulagarh, West Bengal, and Unit II in Jhajjar, Haryana. Previously in Bahadurgarh, Haryana, Unit III closed in FY 2023-2024. These units are strategically located in West Bengal, ensuring access to various transportation modes for efficient product distribution, raw material sourcing, and customer access. As of February 28, 2025, the company had an employee base of 95 permanent employees.

2. Competitive Strengths

1) Strong brand known for quality, reliability, and performance, trusted by industrial users and distributors in India and select global markets.
2) Wide range of welding consumables: mild steel, stainless steel, cast iron electrodes, deep penetration electrodes, and MIG wires.
3) Modern production facility in West Bengal with automated processes.
4) Focus on Quality and Certifications.
5) Efficient supply chain and strong dealer relationships ensure timely product delivery.
6) In-house Research & Development.

3. Classic Electrodes (India) IPO Registrar
MUFG Intime India Pvt.Ltd.

Phone: +91-22-4918 6270
Email: classicelectrodes.ipo@linkintime.co.in
Website: https://linkintime.co.in

Classic Electrodes (India) Limited Financial Information (Restated)

Period Ended
Total Assets
Total Revenue
Profit After Tax
EBITDA
Net Worth
Reserves and Surplus
Total Borrowing
28-Feb-25
116.34
187.9
9.57
19.24
43.6
30.41
53.5
31-Mar-24
88.53
194.41
12.3
23.04
34.03
28.75
46.73
31-Mar-23
76.79
151.13
2.08
8.54
21.73
16.46
44.11
31-Mar-22
74.99
134.37
1.49
6.08
19.65
14.37
40.21
Amount in Rs. Crore

Classic Electrodes (India) IPO Details

Issue Opening Date August 22, 2025 
Issue Closing Date August 26, 2025
Face Value Rs.10 per share
Price Rs.82 to Rs.87 per share
Lot Size 1,600 Shares
Sale Type Fresh Capital
Issue Size 47,71,200 shares (aggregating up to Rs.41.51 Cr)
Reserved for Market Maker 2,78,400 shares (aggregating up to Rs.2.42 Cr)
Net Offered to Public 44,92,800 shares (aggregating up to Rs.39.09 Cr)
Issue Type Bookbuilding IPO
Listing At NSE SME

Classic Electrodes (India) IPO Timeline (Tentative Schedule)

Event Tentative Date
Opening Date Fri, Aug 22, 2025
Closing Date Tue, Aug 26, 2025
Tentative Allotment Thu, Aug 28, 2025
Initiation of Refunds Thu, Aug 28, 2025
Credit of Shares to Demat Fri, Aug 29, 2025
Listing Date Mon, Sep 1, 2025
Cut-off time for UPI mandate confirmation 5 PM on August 26, 2025

Prospectus

Prospectus File

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ARN-0032 Validity 14-Mar-2027

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