Classic Electrodes IPO

About the company

Classic Electrodes (India) Limited (CEIL), based in Hyderabad, manufactures and markets welding electrodes, offering general purpose electrodes, low hydrogen electrodes, stainless steel, hardfacing, and speciality variants. The company’s revenue is mainly from domestic markets (99.96% in FY25) with exports forming 0.04%, and is geographically concentrated in West Bengal and Odisha. The company derives its revenue from two key segments: manufacturing, which contributed 66.08% (Electrodes 49.25%, Mig Wire 36.54%, SS MIG 14.20% in FY25), and trading, which accounted for 33.92% through wire rod sales. The capacity utilisation stood at 66.55% for electrodes and 61.71% for mig wire at the West Bengal unit, and 63.42% for mig wire at the Jhajjar unit as of Feb 28, 2025.

Financial performance (₹ Cr)

Subscription breakup (final, times)

IPO Roadmap / Timeline

1. IPO Opens

   Completed
   22 Aug 2025

   Bidding starts for all investor categories

2. IPO Closes

   Completed
   26 Aug 2025

   Last day to place your bid

3. Basis of Allotment

   Completed
   28 Aug 2025

   Share allotment finalised

4. Refund Initiation

   Completed
   28 Aug 2025

   Refunds credited for non-allottees

5. Credit to Demat

   Completed
   29 Aug 2025

   Allotted shares credited to demat account

6. Listing on Exchange

   Completed
   01 Sept 2025

   Shares list on NSE / BSE

Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.