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Classic Electrodes IPO

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Issue Open Aug 22, 2025
Issue Close Aug 26, 2025
Price Band ₹ 82 to ₹ 87 per share
Face Value Rs 10/- per share
Issue Size 41.51 Cr
Listing Exchange NSE SME
Issue Type Book build offer
Cut off time for UPI Mandate Confirmation Aug 26, 2025 05:00 PM
Allotment Details Aug 28, 2025
Refunds Aug 28, 2025
Credit of Shares to Demat Aug 29, 2025
Listing On Sep 01, 2025
About the company:

Classic Electrodes is a 27-year established welding consumables manufacturer and engineering solutions provider, supplying domestic and international markets. The product range includes general purpose electrodes, low-alloy, low-hydrogen, stainless steel, hard-facing, cast-iron, non-ferrous, low-heat-input electrodes, cutting & gouging electrodes, and MIG wires. Operating two manufacturing units in Dhulagarh (West Bengal) and Jhajjar (Haryana) with specialized production lines, the company emphasizes alloy development, process innovation and stringent quality control supported by accredited chemical and physical testing laboratories. Certified under ISO 9001:2008 and approved by BIS and DGS&D, Classic Electrodes serves OEMs, fabrication and construction sectors with tailored welding electrode solutions and high-volume MIG wire supply. Strategic wire-rod procurement enables competitive pricing and occasional trading of surplus inventory. With a skilled workforce and proven OEM capabilities, the company delivers engineered welding consumables, project-specific electrode design and reliable supply chain performance while adhering to industry standards and applicable SEBI disclosure requirements, and technical support.

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