The initial public offering (IPO) of Classic Electrodes (India) Limited has opened its subscription from August 22, 2025 and will last till August 26, 2025. The solid investor interest, drawing attention across retail and non-institutional categories. The ₹40.92 crore public issue, which opened on August 22, 2025, will remain open for bidding until August 26, 2025.
Classic Electrodes (India) Limited: Key IPO Details
• Price Band: ₹82- ₹87
• Minimum Investment: ₹131,200
• Lot Size: 1,600 shares
• Maximum Lot for QIBs: 31,48,800
• Maximum Lot for NIIs: 22,48,000
• Bid Opening Date: August 22, 2025
• Bid Closing Date: August 26, 2025
Classic Electrodes (India) Limited: Subscription Status on Day 2
As of Day 2, the IPO has been subscribed [Subscription data pending] times overall. Segment-wise investor participation is as follows:
• Total Subscription: 14.35x
• Retail Investors: 20.68x
• Qualified Institutional Buyers (QIBs): 3.01x
• Non-Institutional Investors (NIIs): 20.68x
The initial demand appears moderate, reflecting a mix of cautious optimism and curiosity in the company’s prospects within the electrical equipment manufacturing sector.
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: ARC Insulation IPO Day 3: Oversubscribed To 17.47 Times
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.
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