What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the estimated listing price for Classic Electrodes (India) Limited IPO?

Based on the upper price band of ₹87 and current GMP of ₹22, the estimated listing price is ₹109 (approx. 25.3% gain).

What is the expected profit per lot for Classic Electrodes (India) Limited IPO?

With a lot size of 1600 shares and current GMP of ₹22, expected profit per retail application lot is approximately ₹35,200.

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Grey Market Intelligence

Classic Electrodes (India) Limited

ListedSME

Manufacturing / 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

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

Overview Live GMP Live Subscription Allotment Status

Live Grey Market Premium

Classic Electrodes (India) Limited GMP Today

Last updated: 19 Oct 2026

Current Premium

₹22+25.3%

Issue Price (Upper)

₹87

Band: ₹82 – ₹87

Estimated Listing Price

₹109

Upper price + GMP

Lot Size

1600 shares

Min investment ₹1,39,200

Date	GMP (₹)	GMP %	Est. Listing
31 Oct 2026	+₹22	25.3%	₹109
30 Oct 2026	+₹22	25.3%	₹109
29 Oct 2026	+₹20	22.8%	₹107

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 & Pricing Context:

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.

Basis of Allotment & Listing Timeline:

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 is Classic Electrodes (India) Limited IPO GMP today?

The latest grey market premium for Classic Electrodes (India) Limited IPO is ₹22, which indicates an expected listing price of ₹109.

What does Kostak Rate and Sauda mean in IPO GMP?

Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.

Is Grey Market Premium officially recognized?

No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.