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Classic Electrodes (India) IPO is a Book Building IPO listing on NSE EMERGE exchange, with an ipo size of ₹ 41.51 Cr. The company is based in Kolkata and caters to Electric Equipments - OEM sector. GYR Capital Advisors is the merchant banker of Classic Electrodes (India) IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 28th August 2024. Classic Electrodes (India) IPO open date is 22nd August 2025 and close date is 26th August 2025. IPO Allotment Date is 27th August 2025 and Listing date is 1st September 2025.
IPO
Size:
₹ 41.51 Cr.
Avg IPO Size (Sector Based)
: ₹
28.82 cr.
Sector: Electric Equipments - OEM
SME
IPO so far:
9
Merchant Banker:
GYR Capital
SME
IPO by BRLM so far:
50
City:
Kolkata
SME
IPO so far:
83
Revenue (annualised):
₹
204.65
cr. 
PE
Ratio:
14.97x
Average Sector PE Ratio: 22.53x
Classic Electrodes (India) IPO size is ₹ 41.51 Cr. with IPO price of ₹ 87.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Funding capital expenditure of the company to purchase Plant and Machinery Repayment of a portion of certain outstanding borrowing availed by the company Funding the Working Capital requirements of the company General corporate purposes
GYR Capital Advisors Private Limited is the book-running lead manager of the Classic Electrodes (India) IPO. Link Intime India Private Limited is the Registrar and Market Maker is Wiinance Financial Services Private Limited for Classic Electrodes (India) IPO.
Classic Electrodes (India) IPO anchor investors are the below investors. The number of anchor investors in this IPO is 10.
| Anchor Investor Name | No. of shares Allotted | Offer Price (in ₹.) | Amount Invested (in ₹.) |
|---|---|---|---|
| Mili Capital Invetsment | 115,200.00 | ₹ 87.00 | ₹ 10,022,400.00 |
| Vikasa India EIF | 115,200.00 | ₹ 87.00 | ₹ 10,022,400.00 |
| Rajasthan Global Securities | 115,200.00 | ₹ 87.00 | ₹ 10,022,400.00 |
| Imap India Capital | 115,200.00 | ₹ 87.00 | ₹ 10,022,400.00 |
| Swyom India Alpha | 115,200.00 | ₹ 87.00 | ₹ 10,022,400.00 |
| StepTrade Revolution Fund | 115,200.00 | ₹ 87.00 | ₹ 10,022,400.00 |
| SB Opportunities Fund | 115,200.00 | ₹ 87.00 | ₹ 10,022,400.00 |
| Mint Focused Growth | 115,200.00 | ₹ 87.00 | ₹ 10,022,400.00 |
| Aarth AIF | 230,400.00 | ₹ 87.00 | ₹ 20,044,800.00 |
| Beacon Stone Capital | 192,000.00 | ₹ 87.00 | ₹ 16,704,000.00 |
Classic Electrodes (India) IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Classic Electrodes (India) IPO, based in Kolkata, operates in the Electric Equipments - OEM sector with a focus on manufacturing welding electrodes and providing engineering solutions. The company is launching its SME IPO on the NSE EMERGE exchange, using the Book Building Issue method. Classic Electrodes (India) IPO size is ₹ 41.51 Cr. with fresh issue size of ₹ 42 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for Classic Electrodes (India) IPO is expected to be 27th August 2025, after the finalization of basis of allotment. Investors can check Classic Electrodes (India) IPO allotment status on the registrars website, Link Intime India Private Limited . Classic Electrodes (India) IPO refund dates are 28th August 2025.
Classic Electrodes (India) IPO is expected to be listed on 1st September 2025.
The upper price band for the Classic Electrodes (India) IPO is set at ₹ 87.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Classic Electrodes (India) IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Classic Electrodes (India) IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 26th August 2025. After submission, funds are blocked until the basis of allotment of Classic Electrodes (India) IPO is finalised.
The merchant banker for Classic Electrodes (India) IPO is GYR Capital Advisors Private Limited . GYR Capital Advisors Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Classic Electrodes (India) IPO RHP for further details.
The registrar for Classic Electrodes (India) IPO is Link Intime India Private Limited . Investors can go to Link Intime India Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Classic Electrodes (India) IPO through their official website or helpline.
Classic Electrodes (India) IPO was subscribed 179.97 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
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IPO
Size:
₹ 41.51 Cr.
Avg IPO Size (Sector Based)
:
₹ 28.82 Cr.
Sector: Electric Equipments - OEM
SME
IPO so far:
9
Merchant Banker:
GYR Capital
SME
IPO by BRLM so far:
50
City:
Kolkata
SME
IPO so far:
83
Revenue (annualised):
₹ 204.65 cr.
PE
Ratio:
14.97x
Average Sector PE Ratio: 22.53x
Classic Electrodes (India) IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Classic Electrodes (India) Financial Review Page
Merchant Banker(s) of Classic Electrodes (India) IPO: GYR Capital Advisors Private Limited
Classic Electrodes (India) IPO subscription was 179.97 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Classic Electrodes (India) IPO listed at a listing price of 100.00 against the offer price of 87.00.
The current market price of Classic Electrodes (India) is 88.00.
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