Classic Electrodes IPO: Check the latest GMP for Classic Electrodes (India) IPO here
News by Aliceblue News Desk
18 Aug 2025
Classic Electrodes (India) Limited IPO has a Grey Market Premium of ₹22 as of August 18, 2025, with a price range of ₹82 to ₹87 per share. Offering 1,600 shares in lots, the subscription window is open from August 22 to August 26, 2025.
Classic Electrodes (India) Limited IPO GMP Today
The Grey Market Premium (GMP) for Classic Electrodes (India) Limited is ₹22 as of August 18, 2025. This assessment corresponds to a price range of ₹82 to ₹87 per share for the IPO.
Classic Electrodes (India) Limited Financial Overview
Classic Electrodes (India) Ltd reported a total income of ₹194.41 crore for the year ending March 31, 2024, up from ₹151.13 crore in FY23, reflecting a 28.7% year-on-year growth in revenue.
Profit after tax surged to ₹12.28 crore in FY24 from ₹2.08 crore in FY23, while net worth increased to ₹33.92 crore from ₹21.64 crore, highlighting significant improvement in profitability and overall financial strength year-on-year.
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Classic Electrodes (India) Limited IPO Date
Classic Electrodes (India) Limited will start accepting subscriptions from August 22 to August 26, 2025.
Classic Electrodes (India) Limited IPO Price
Classic Electrodes (India) Limited’s price range is from ₹82 to ₹87 per share, with a face value of ₹10 each.
About Classic Electrodes (India) Limited
Classic Electrodes (India) Ltd, established in 1997 and headquartered in Kolkata, manufactures welding consumables like electrodes and MIG wires, serving domestic and international clients with diverse products from its West Bengal and Haryana manufacturing units.
How To Apply For Classic Electrodes (India) Limited IPO?
To apply for the Classic Electrodes (India) Limited IPO through Alice Blue, follow these steps:
1. Open a Demat and Trading Account with Alice Blue if you don’t have one.
2. Access IPO details for Classic Electrodes (India) Limited on the Alice Blue platform.
3. Place your bid for the desired number of shares within the IPO’s price range.
4. Confirm your information and submit your application quickly.
You can apply for the Classic Electrodes (India) Limited IPO at Alice Blue in just a few clicks!
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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.
FAQs
Q: What is the price band of Classic Electrodes (India) IPO?
A: The price band is set between ₹82 to ₹87 per equity share with a ₹10 face value.
Q: When does Classic Electrodes (India)’ IPO open and close?
A: The subscription window for Classic Electrodes (India) IPO is open from August 22 to August 26, 2025.
Q: What is the GMP of Classic Electrodes (India) IPO?
A: As of August 18, 2025, the Grey Market Premium (GMP) for the IPO stands at ₹22.
News Author
Aliceblue News Desk
