Bidding Dates
22 Aug 25 - 26 Aug 25
Price Range ₹
82 - 87
Total Equity
₹ 29.82Cr
Lot Size
3200
Exchange Status
NSE
IPO Doc
Non-Institutional Investor
0.00×
Qualified Institutional Buyers
0.00×
Employees
0.00×
Retail Investors
0.00×
Total subscription Rate
0.00×
Offer start
22 Aug 2025
Offer end
26 Aug 2025
Allotment
28 Aug 2025
Refund initiation
28 Aug 2025
Demat transfer
29 Aug 2025
Listing
01 Sept 2025
Offer start
22 Aug 2025
Offer end
26 Aug 2025
Allotment
28 Aug 2025
Refund initiation
28 Aug 2025
Demat transfer
29 Aug 2025
Listing
01 Sept 2025
Established in 1997 and headquartered in Kolkata, West Bengal, Classic Electrodes (India) Limited is a leading Indian manufacturer of welding consumables, catering to both domestic and international markets. The company produces a wide range of welding electrodes and MIG wires, offering solutions across diverse industrial applications. Its product portfolio includes Mild Steel Electrodes for general-purpose welding, Stainless Steel Electrodes for corrosion-resistant welding, Cast Iron Electrodes for repairing cast iron components, Deep Penetration Electrodes for heavy-duty requirements, and MIG Wires for advanced welding processes. The company operates through two manufacturing units: Unit I at Dhulagarh, West Bengal, and Unit II at Jhajjar, Haryana. Previously, it also operated Unit III in Bahadurgarh, Haryana, which was closed in FY 2023-24. These plants are strategically located to ensure efficient logistics, raw material sourcing, and customer accessibility. As of February 28, 2025, the company employed 95 permanent staff members, supported by a robust distribution network and dealer relationships. Classic Electrodes is recognized for its brand reliability, modern production capabilities, in-house R&D, focus on quality, and certifications that meet industry standards. Its efficient supply chain enables timely product delivery, strengthening customer trust in India and select overseas markets.
Year Founded
30-09-1997
Promotor Details
Hanuman Prasad Agarwal
| Particular | Pre-IPO | Post-IPO |
|---|---|---|
| Percentage | 97.73 | 71.77 |
| Share Capital | 12893750 | 12893750 |
34,27,200.00 Cr
| Years | Total Assets | Share Capital | Profit After Tax | Consolidated Net Profit | Adjusted EPS |
|---|---|---|---|---|---|
| 2023 | 7,679.36 | 527.75 | 208.48 | 208.48 | 1.5801 |
| 2025 | 11,908.39 | 1,319.38 | 208.48 | 208.48 | 1.5801 |
| 2024 | 9,303.38 | 527.75 | 955.67 | 955.67 | 7.2434 |
| 2022 | 7,499.47 | 527.75 | 145.37 | 145.37 | 1.1018 |
