| Category | Min Lots | Shares | Amount |
|---|---|---|---|
| Retail (sNII) | 2 | 3200 | ₹2,78,400 |
| HNI / NII | 3 | 4800 | ₹4,17,600 |
| Category | Sub (×) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 22,43,200 (47.02%) | — | ₹1,951.58 Cr |
| NII / HNI (Total) | — | 6,75,200 (14.15%) | — | ₹587.42 Cr |
| Retail Investors | — | 15,74,400 (33.00%) | — | ₹1,369.73 Cr |
| Total ** | — | 47,71,200 (100.00%) | — | ₹41,509.44 Cr |
| Market Maker * | — | 2,78,400 (5.84%) | — | ₹24.22 Cr |
| Metric | 28 Feb 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue | 187.90 | 194.41 | 151.13 |
| PAT | 9.57 | 12.30 | 2.08 |
| EBITDA | 19.24 | 23.04 | 8.54 |
| Net Worth | 43.60 | 34.03 | 21.73 |
| Total Assets | 116.34 | 88.53 | 76.79 |
| Reserves | 30.41 | 28.75 | 16.46 |
| Borrowings | 53.50 | 46.73 | 44.11 |
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:
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.
Competitive Strength:
Classic Electrodes (India) Ltd. IPO · Expected 28 Aug 2025
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