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 current subscription status of Classic Electrodes (India) Limited IPO?

Classic Electrodes (India) Limited IPO has received a total subscription of 180.10 times overall.

IPO GreyPremiumLIVE

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 Subscription Status Allotment Status Filing Documents

Overall Subscription

180.10x

Total Demand

QIB Multiplier

84.88x

Institutions & Funds

NII / HNI

357.19x

High Net-Worth

Retail (RII)

158.52x

Individual Bidders

Category-Wise Subscription Breakup

Live bidding breakdown by institutional, non-institutional, and retail investors

Total 180.10x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
QIB	899,200	76,321,600	84.88x
NIB	675,200	241,172,800	357.19x
HNIs(10L +)	449,600	189,803,200	422.16x
HNIs (2-10L)	225,600	51,369,600	227.70x
RETAIL	1,572,800	249,321,600	158.52x
Total	3,822,400	807,988,800	180.10x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 199.13x

Category	Applications Reserved	Applications Received	Times Subscribed
QIB	—	71	0.00x
NIB	—	24,032	0.00x
RETAIL	492	77,913	158.36x
HNIs(10L +)	94	14,038	149.34x
HNIs (2-10L)	47	9,994	212.64x
Total Applications	633	126,048	199.13x

Day-Wise Subscription Progress

Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.

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.

Bidding & Quota Instructions:

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.

Allotment Reconciliation Schedule:

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 (GMP) for Classic Electrodes (India) Limited IPO is ₹22 per equity share. Based on the upper price band of ₹82 to ₹87 per equity share, the estimated listing price is ₹109 (+25.3% expected listing 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, the expected profit per application lot is approx ₹35,200 (+25.3% gain). Minimum application cost is approx ₹1,39,200.

What is the issue size and price band for Classic Electrodes (India) Limited IPO?

The Classic Electrodes (India) Limited IPO aggregate issue size is ₹41.5 Crores with an equity price band set at ₹82 to ₹87 per equity share. The retail lot size is 1600 shares requiring a minimum capital outlay of approx. ₹1,39,200.

How can I check Classic Electrodes (India) Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 180.10x (Retail: 158.52x, QIB: 84.88x, NII: 357.19x). You can track live multiples directly on our dedicated subscription page.

Where and when will Classic Electrodes (India) Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Link Intime India Private Limited) and the BSE status verification website on or around 2025-08-28. Investors can verify status using PAN card or application number.

When is the listing date for Classic Electrodes (India) Limited IPO?

Classic Electrodes (India) Limited shares are scheduled to list on NSE on 2025-09-01.