Classic Electrodes (India)
August 22, 2025 – August 26, 2025
| Price | ₹82 - ₹87 |
| Premium | ₹15 |
|---|---|
| Lot size | 1600 |
| Allotment | Aug 28, 2025 |
| Listing | Sep 1, 2025 |
Classic Electrodes (India) About
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| INDIVIDUAL | 2 | 3200 | 278400 | 491 |
| sHNI | 3 | 4800 | 417600 | 47 |
| bHNI | 8 | 12800 | 1113600 | 93 |
IPO Details
| Total Issue Size | 48,00,000shares (aggregating up to 41.7Cr) |
| Fresh Issue | 48,00,000shares (aggregating up to 41.7Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 1,31,93,750 shares |
| Share Holding Post Issue | 1,79,93,750 shares |
| Reserved for Market Maker | 2,78,400 shares |
IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Issue |
| Retail Shares Offered | Not less than 35% of the Net Issue |
| NII Shares Offered | Not less than 15% of the Net Issue |
Key Performance Indicators
| KPI | Values |
|---|---|
| ROE | 24.66% |
| ROCE | 17.68% |
| Debt/Equity | 1.23 |
| RoNW | 21.95% |
| PAT Margin | 5.10% |
| EBITDA Margin | 10.24% |
Financial Details In Crores
| Period Ended | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|
| Assets | 92 | 77 | 75 |
| Total Income | 194 | 151 | 134 |
| Profit After Tax | 12 | 2 | 1 |
| Net Worth | 34 | 22 | 20 |
| Total Borrowing | 46 | 43 | 39 |
About Company
Established: 1997
Headquarters: Kolkata, West Bengal, India
Core Business: Manufacturing of welding consumables
Products:
Mild Steel Electrodes
Stainless Steel Electrodes
Cast Iron Electrodes
Deep Penetration Electrodes
MIG Wires
Key Offerings: Welding electrodes & engineering solutions for domestic and international markets
Manufacturing Units:
Unit I – Dhulagarh, West Bengal
Unit II – Jhajjar, Haryana
Unit III – Bahadurgarh, Haryana (Closed in FY 2023–24)
Strategic Advantage: Proximity to transport networks for efficient distribution and sourcing
Employees (as of July 31, 2024): 78 permanent staff
Strength
Technical Expertise : Strong knowledge of electrode manufacturing processes, materials, and technologies.
Quality Control : Consistent production of high-quality electrodes that meet industry standards and client requirements.
Innovation : Ability to develop new designs, materials, and techniques to stay competitive and meet changing market needs.
Weakness
Heavy Dependence on Domestic Market : A major portion of revenue comes from domestic sales; any slowdown in this market could reduce market share and hurt financial performance.
Geographic Concentration of Manufacturing : All manufacturing facilities are located in limited regions, making operations vulnerable to local disruptions such as unrest, natural disasters, or service breakdowns.
Missing Historical Corporate Records : Some corporate documents filed since incorporation in 1997 are untraceable, which could pose compliance or legal challenges.
Classic Electrodes (India) Lead Manager(s)
Classic Electrodes (India) Address
Bonfield Lane
Kolkata, West Bengal, 700001
Phone: +91 8336007981
Email: compliance@classicelectrodes.com
Website: http://www.classicelectrodes.com/
Classic Electrodes (India) Registrar
MUFG Intime India Private Limited (Link Intime)
Link Intime India Private Ltd
C 101, 247 Park,
L.B.S.Marg Vikhroli (West),
Mumbai - 400083