Classic Electrodes (India) Ltd.’s IPO is a fresh issue of ₹41.51 crore, with a price band of ₹82–₹87 per share. Bidding opens on August 22, 2025, and closes on August 26, 2025. The shares will be listed on NSE SME on September 1, 2025.
Classic Electrodes IPO – Day 3 Subscription Status
On Day 3 of the Classic Electrodes IPO, the issue received a total subscription of 179.97×. Among investor categories, Qualified Institutional Buyers (QIBs) were subscribed 84.88×, Non-Institutional Investors (NII) received 356.75×, and Retail Individual Investors (RII) recorded a subscription of 158.44×.
| Investors Category | Subscription (×) |
| Qualified Institutional Buyers (QIB) | 84.88 |
| Non-Institutional Investors (NII) | 356.75 |
| bNII (above ₹10 lakh) | 421.54 |
| sNII (less than ₹10 lakh) | 227.62 |
| Retail Individual Investors (RII) | 158.44 |
| Total Subscriptions | 179.97 |
Total Applications: 1,01,973
Total Bid Amount: ₹4,927 Cr.
How to Check Classic Electrodes IPO Allotment Status
Classic Electrodes IPO allotment can be easily checked online in two ways: from the Registrar’s website and from the NSE website. This IPO will be listed on NSE SME.
Method 1: Registrar’s website (MUFG Intime India Pvt. Ltd.)
The most reliable way is to check allotment from MUFG Intime India Private Limited’s website.
How to do:
- Visit MUFG Intime’s official website
- Select “Classic Electrodes” from the IPO list
- Enter your details PAN number, Application number, or DP/Client ID
- Click on Submit
- You will see the allotment status on the screen.
Method 2: Check from NSE’s website
If there is more traffic on the registrar’s website, allotment status can also be checked on the NSE.
How to do:
- Visit NSE’s official website
- Select ‘Equity’ segment
- Select “Classic Electrodes” from the IPO list
- Enter PAN number and Application number
- Click on Search
Objective of the Classic Electrodes IPO
The primary objectives of the IPO are to fund capital expenditures, repay outstanding borrowings, meet working capital requirements, and support general corporate purposes.
| Objects of the Issue | Expected Amount (in Millions) |
| Funding capital expenditure of our company to purchase Plant and Machinery | 100 |
| Repayment of a portion of certain outstanding borrowing availed by the company | 100 |
| Funding the working capital requirements of the company | 166 |
| General Corporate Purposes | – |
Classic Electrodes IPO GMP – Day 3 Update
On August 26, 2025, the IPO showed a Grey Market Premium (GMP) of ₹17, translating to an estimated listing price of ₹104. This resulted in a healthy listing gain of 19.54% for investors, signaling strong market enthusiasm for the IPO.
| Date | GMP | Est. Listing Price | Gain |
| August 26, 2025 (Day 3) | ₹17 | ₹104 | 19.54% |
Disclaimer: The above GMP (Grey Market Premium) is just unofficial market information, which is not officially confirmed. These figures are shared for informational purposes only and investment decisions based on these should be based on the investor’s own research and discretion. We do not conduct, recommend or support any kind of transaction in the grey market.
Classic Electrodes (India) Ltd. IPO – Key Details
| Particulars | Details |
| IPO Opening Date | August 22, 2025 |
| IPO Closing Date | August 26, 2025 |
| Price Band | ₹82–₹87 per share |
| Total Issue Size | ₹41.51 crore (Fresh Issue) |
| Lot Size | 1,600 shares |
| Listing Platform | NSE SME |
| Registrar | MUFG Intime India Pvt. Ltd. |
Important Dates for Classic Electrodes IPO Allotment
| Event | Date |
| Tentative Allotment | Thu, Aug 28, 2025 |
| Initiation of Refunds | Thu, Aug 28, 2025 |
| Credit of Shares to Demat | Fri, Aug 29, 2025 |
| Listing Date on NSE SME | September 1, 2025 |
Classic Electrodes (India) Ltd. Overview
Established in 1997 and headquartered in Kolkata, West Bengal, Classic Electrodes (India) Limited is a leading manufacturer of welding consumables, including electrodes and MIG wires, catering to both domestic and international markets. The company offers a wide range of products such as mild steel, stainless steel, cast iron, deep penetration electrodes, and MIG wires for varied industrial applications. With two manufacturing units located in Dhulagarh, West Bengal, and Jhajjar, Haryana, it ensures strong regional coverage and efficient logistics, while the earlier Bahadurgarh unit was closed in FY 2023–24 as part of restructuring.
Frequently Asked Questions (FAQs)
What are the opening and closing dates of Classic Electrodes IPO?
The IPO opened on August 22, 2025, and closed on August 26, 2025.
What is the price band for the IPO?
The price band is set between ₹82 and ₹87 per share.
What is the issue size of the IPO?
The IPO size is ₹41.51 crore (fresh issue only).
When will the shares be listed?
Shares are expected to be listed on NSE SME on September 1, 2025.
What is the GMP of Classic Electrodes IPO on Day 3?
The GMP at the close of Classic Electrodes IPO on Day 3 was ₹17.
