Classic Electrodes Allotment Status: Check Latest GMP, Steps to Verify Status

Classic Electrodes (India) Ltd.’s IPO is a fresh issue of ₹41.51 crore, with a price band of ₹82–₹87 per share. Bidding opens on August 22, 2025, and closes on August 26, 2025. The shares will be listed on NSE SME on September 1, 2025.

Classic Electrodes IPO – Day 3 Subscription Status

On Day 3 of the Classic Electrodes IPO, the issue received a total subscription of 179.97×. Among investor categories, Qualified Institutional Buyers (QIBs) were subscribed 84.88×, Non-Institutional Investors (NII) received 356.75×, and Retail Individual Investors (RII) recorded a subscription of 158.44×.

Investors Category	Subscription (×)
Qualified Institutional Buyers (QIB)	84.88
Non-Institutional Investors (NII)	356.75
bNII (above ₹10 lakh)	421.54
sNII (less than ₹10 lakh)	227.62
Retail Individual Investors (RII)	158.44
Total Subscriptions	179.97

Total Applications: 1,01,973
Total Bid Amount: ₹4,927 Cr.

How to Check Classic Electrodes IPO Allotment Status

Classic Electrodes IPO allotment can be easily checked online in two ways: from the Registrar’s website and from the NSE website. This IPO will be listed on NSE SME.

Method 1: Registrar’s website (MUFG Intime India Pvt. Ltd.)

The most reliable way is to check allotment from MUFG Intime India Private Limited’s website.

How to do:

• Visit MUFG Intime’s official website
• Select “Classic Electrodes” from the IPO list
• Enter your details PAN number, Application number, or DP/Client ID
• Click on Submit
• You will see the allotment status on the screen.

Method 2: Check from NSE’s website

If there is more traffic on the registrar’s website, allotment status can also be checked on the NSE.

How to do:

• Visit NSE’s official website
• Select ‘Equity’ segment
• Select “Classic Electrodes” from the IPO list
• Enter PAN number and Application number
• Click on Search

Objective of the Classic Electrodes IPO

The primary objectives of the IPO are to fund capital expenditures, repay outstanding borrowings, meet working capital requirements, and support general corporate purposes.

Objects of the Issue	Expected Amount (in Millions)
Funding capital expenditure of our company to purchase Plant and Machinery	100
Repayment of a portion of certain outstanding borrowing availed by the company	100
Funding the working capital requirements of the company	166
General Corporate Purposes	–

Classic Electrodes IPO GMP – Day 3 Update

On August 26, 2025, the IPO showed a Grey Market Premium (GMP) of ₹17, translating to an estimated listing price of ₹104. This resulted in a healthy listing gain of 19.54% for investors, signaling strong market enthusiasm for the IPO.

Date	GMP	Est. Listing Price	Gain
August 26, 2025 (Day 3)	₹17	₹104	19.54%

Disclaimer: The above GMP (Grey Market Premium) is just unofficial market information, which is not officially confirmed. These figures are shared for informational purposes only and investment decisions based on these should be based on the investor’s own research and discretion. We do not conduct, recommend or support any kind of transaction in the grey market.

Classic Electrodes (India) Ltd. IPO – Key Details

Particulars	Details
IPO Opening Date	August 22, 2025
IPO Closing Date	August 26, 2025
Price Band	₹82–₹87 per share
Total Issue Size	₹41.51 crore (Fresh Issue)
Lot Size	1,600 shares
Listing Platform	NSE SME
Registrar	MUFG Intime India Pvt. Ltd.

Important Dates for Classic Electrodes IPO Allotment

Event	Date
Tentative Allotment	Thu, Aug 28, 2025
Initiation of Refunds	Thu, Aug 28, 2025
Credit of Shares to Demat	Fri, Aug 29, 2025
Listing Date on NSE SME	September 1, 2025

Classic Electrodes (India) Ltd. Overview

Established in 1997 and headquartered in Kolkata, West Bengal, Classic Electrodes (India) Limited is a leading manufacturer of welding consumables, including electrodes and MIG wires, catering to both domestic and international markets. The company offers a wide range of products such as mild steel, stainless steel, cast iron, deep penetration electrodes, and MIG wires for varied industrial applications. With two manufacturing units located in Dhulagarh, West Bengal, and Jhajjar, Haryana, it ensures strong regional coverage and efficient logistics, while the earlier Bahadurgarh unit was closed in FY 2023–24 as part of restructuring.