The initial public offering (IPO) of Classic Electrodes (India) Limited was closed today, August 26, 2025. The issue was opened for subscription on August 22, 2025. The solid investor interest, drawing attention majorly from NIIs and Retail investors.
Classic Electrodes (India) Limited: Key IPO Details
• IPO opens: August 22, 2025
• IPO closes: August 26, 2025
• Allotment Date: August 28, 2025
• Issue size: ₹42 crore
• Quantity in 1 lot: 1600
• Price Band: ₹82- ₹87
• Minimum Investment: ₹131,200
• Lot Size: 1,600 shares
Classic Electrodes (India) Limited: Subscription Status on Day 3
As on Day 3, the IPO has been oversubscribed 165.39 times. Segment-wise investor participation is as follows:
• Total Subscription: 165.39x
• Retail Investors: 158.52x
• Qualified Institutional Buyers (QIBs): 84.88x
• Non-Institutional Investors (NIIs): 357.19x
The final demand appears strong, reflecting robust optimism from NIIs and Retail investors.
Classic Electrodes (India) Limited: Company Background
Classic Electrodes (India) Limited is a well-known name in the manufacturing of welding electrodes and related products, serving the construction, infrastructure, and manufacturing industries. The company functions mainly out high-quality products critical for industrial applications.
Its clientele spread across various industries likewise, automotive, construction, and heavy engineering, highlighting its importance in the supply chain.
(Disclaimer: The above article is only for the purpose of information. It does not constitute financial guidance in any form(s). Investors here are suggested to carefully review the prospectus and refer to a registered financial advisor or certified investment professional before they finalise any investment. Similarly, past performances are not an indication of future outcomes. Investments are subject to market risks.)
Also Read: Shivashrit Foods IPO Ends Today With Oversubscription: Now All Eyes On The Listing Price
Ankur Mishra is a journalist who covers an extensive range of news, from business, stock markets, IPOs to geopolitics, world affairs, international crises, and general news. With over a decade of experience in the business domain, Ankur has been associated with some of the reputed media brands. Through a sharp eye on global marketplaces along with deep insights and analysis of business strategies, Ankur brings simplicity to the complex economic matrix to decode market trends and empower people.
He is committed to entrenched data, facts, research, solutions, and a dedication to value-based journalism. He has covered trade tariff wars, international alliances, corporate policies, government initiatives, regulatory developments, along with micro- and macroeconomic shifts impacting global fiscal dynamics.
Prime Video India unveils a massive 2026 slate with 55 titles, blending streaming and theatrical…
US F-35 Hit By Suspected Iranian Fire, Makes Emergency Landing, What Really Happened Mid-Air?
A US F-35 made an emergency landing after a suspected Iranian strike during a combat…
Garima Malhotra, mother of designer Manish Malhotra, passed away peacefully at 94 in Mumbai on…
