Classic Electrodes IPO will open on August 22, 2025, and close on August 26, 2025. It is a Book-Build Issue through which the company aims to raise around ₹41.51 crores, comprising a fresh issue of ₹41.51 crores and an offer for sale of up to [.] equity shares with a face value of ₹10 each.

The IPO price band is set at ₹82 to ₹87 per share. The allocation includes 35% for retail investors, 50% for QIBs, and 15% for HNIs. The IPO is proposed to be listed on NSE on September 1, 2025, with the allotment date scheduled for August 28, 2025.

For FY 2024, the company posted revenue of ₹194.41 crores as compared to ₹151.13 crores in FY 2023, while profit increased significantly to ₹12.28 crores from ₹2.08 crores in the previous year. Based on these financials, the IPO is considered suitable for long-term investment.

About Classic Electrodes IPO

Classic Electrodes (India) Limited is a leading electrode manufacturing company in India. We are known for the production of dynamic quality products and have been market leaders for more than two decades. Established in 1997, Classic Electrodes (India) Limited has been serving some of the well-known global manufacturing industries. Our products are the most sought after due to its high-quality efficiency along with durability. We use the most advance technology when it comes to production. All our products are timely supervised under highly experienced engineers and technicians.Our company works in a very strategic direction. Our organization includes professional entrepreneurs with a sound financial background. Therefore, quality remains a significant part of our business. Our executive members are market leaders with over 65 years of market experience. Therefore, our experience has been more than an asset when it comes to customer satisfaction. Our executive members have exceptional leadership track record along with international exposure and deep strategic expertise. We possess proven experience in driving transformation and managing all the technological aspirations of the customers.