Classic Electrodes (India) Limited
ListedSMEManufacturing / Metals & Industrial Products · NSE
Classic Electrodes (India) Limited, founded in 1997 and based in Kolkata, is a leading Indian manufacturer of welding consumables such as electrodes and MIG wires. The company serves both domestic and international markets with a wide range of products including mild steel, stainless steel, cast iron, deep penetration electrodes, and MIG wires for different industrial applications. It operates two manufacturing units, one in Dhulagarh, West Bengal, and another in Jhajjar, Haryana, while a third unit in Bahadurgarh was closed in FY 2023-24. Strategically located for easy access to raw materials and transportation, the company ensures efficient distribution. As of July 31, 2024, it employed 78 permanent staff members.
Price Band
₹82 – ₹87
Issue Size
₹41.50 Cr
Lot Size
1600 shares
GMP
₹22
+25.3%
Est. Listing
₹109
at current GMP
Subscribed
180.10x
overall
Open
22 Aug 2025
Close
26 Aug 2025
Allotment
28 Aug 2025
Refund
29 Aug 2025
Demat Credit
30 Aug 2025
Listing
1 Sep 2025
Last updated 12 days ago
Official Registrar Verification
Classic Electrodes (India) Limited Allotment Status
Designated Registrar: Link Intime India Private Limited
Allotment Date
28 Aug 2025
Basis finalization
Refunds Initiate
29 Aug 2025
Mandate release
Demat Credit
30 Aug 2025
Shares in demat
Listing Debut
1 Sep 2025
Trading begins
How to Check Classic Electrodes (India) Limited IPO Allotment Status
- Click the Check on Registrar button above to visit Link Intime India Private Limited's allotment portal.
- Select Classic Electrodes (India) Limited from the dropdown company list.
- Choose your lookup mode: PAN Number, Application Number, or DP Client ID.
- Enter your details accurately and solve the Captcha code.
- Click Submit / Search to view the number of shares applied and allotted to you.
About Classic Electrodes (India) Limited Public Issue & Market Profile
Classic Electrodes (India) Limited is bringing an initial public offering (IPO) in the Manufacturing / Metals & Industrial Products sector with an aggregate issue size of ₹41.5 Crores. The shares are offered at a price band of ₹82 to ₹87 per equity share on NSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Public Issue & Allotment Procedure:
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1600 shares (approx. ₹1,39,200 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Official Allotment Timelines & Registrar Guidance:
Allotment reconciliation will be managed by Link Intime India Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2025-08-30, while un-allotted funds or UPI block mandates will be released on 2025-08-29.
Frequently Asked Questions
What if my name is not showing on the registrar portal?
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
How will I receive the refund if I don't get allotment?
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.