Markets / IPO / Classic Electrodes (India)

Classic Electrodes (India) IPO

Updated 00:55

SME IPO on NSE Emerge · Other Industrial Products

Status
Listed
Price band
₹82–87
Lot size
1600 shares · ₹1,39,200
Subscribed
–

How it listed

Issue price
₹87
Listing price (open)
₹100.00 +14.94%
First-day close
₹95.00 +9.20%
Price now
₹47.45 -45.46%
Listing day1 Sept 2025
Open / high / low / close₹100.00 / ₹101.00 / ₹95.00 / ₹95.00
Shares traded on NSE24,44,800
Market value at the listing-day close₹171 cr

Closing prices since listing: 26 Oct ₹46.00, 27 Oct ₹46.40, 28 Oct ₹46.50, 29 Oct ₹46.50, 30 Oct ₹46.05, 2 Nov ₹46.10, 3 Nov ₹46.55, 4 Nov ₹46.75, 5 Nov ₹48.05, 6 Nov ₹47.45.

Classic Electrodes (India) share price, live chart and technicals →

Key dates

Bidding opens22 Aug 2025
Bidding closes26 Aug 2025
Allotment27 Aug 2025
Refunds and shares in demat28 Aug 2025
Listing1 Sept 2025

Lot size by investor type

ApplicationLotsSharesAmount
Individual investor (minimum)23,200₹2,78,400
HNI (minimum)34,800₹4,17,600

At ₹87 a share. In SME IPOs individuals must bid for at least 2 lots.

Subscription

Investor categoryShares bid for
Institutions (QIB)7,63,21,600
HNI / NII24,11,53,600
  HNI, above ₹10 lakh18,98,03,200
  HNI, ₹2–10 lakh5,13,50,400
Total31,74,75,200

NSE does not publish the shares offered to each category for this issue, so times subscribed cannot be shown. NSE and BSE bids together, as of 26 Aug 2025 17:39.

Applications from individual investors

77,913 applications in the individual investors' category (bidding for the minimum 2 lots).

NSE does not publish the shares set aside for this category for SME issues, so the chance of allotment cannot be worked out exactly. Winners are picked by lottery.

Demand at each price

Top price ₹875,662.00 lakh shares99.9%
Lower prices ₹82–864.72 lakh shares0.1%

Shares bid on NSE and BSE at each price in the band. Most bids at the top price, and little at lower prices, means buyers were keen.

Anchor investors

Anchor bid date21 Aug 2025
Anchor shares13,44,000
Raised from anchors₹11.69 cr
Lock-in ends for the first 50% (30 days)25 Sept 2025
Lock-in ends for the remaining 50% (90 days)24 Nov 2025

Anchor investors are large funds that buy the day before the IPO opens. SEBI locks in half their shares for 30 days from the allotment and the rest for 90 days; they can sell from the next trading day. Traders watch these dates because extra selling can come in.

Financials and valuation

At issue priceNow
Market value₹156 cr₹85 cr
P/E (last 12 months' profit)11.66.3
Revenue, last 12 months₹265 cr
Profit, last 12 months₹13 cr
Return on equity–
Debt to equity–

From results the company filed with NSE (latest period to 30 Sept 2026). Twelve-month figures need four quarters of results, so they fill in over the first year after listing.

Other recent IPOs: Other Industrial Products

CompanyListedSubscribedOn listingSince IPO
ARC Insulation & Insulators SME29 Aug–+16.00%-77.64%
Tankup Engineers SME30 Apr–+25.00%+1,182.32%

IPO details

Price band₹82–87
Final issue price₹87
Lot size1600 shares
Minimum investment₹2,78,400 (2 lots, the minimum for individuals)
MarketNSE Emerge (SME)
Issue type100 % Book Building
Face value₹10
IndustryOther Industrial Products
Issue sizeInitial Public Offer of upto 47,71,200 Equity Shares (including Market Maker portion of 2,78,400 Equity Shares and Anchor Allocation 13,44,000 Equity Shares)
ISININE0UQ601012
RegistrarMUFG Intime India Private Limited
Helpline: +91 810 811 4949, classicelectrodes.ipo@in.mpms.mufg.com
Lead managersGYR Capital Advisors Private Limited
ProspectusRed herring prospectus (NSE)

Check allotment status

Allotment was finalised on 27 Aug 2025. Check it on the registrar's page (MUFG Intime India Private Limited), NSE or BSE with your PAN or application number.

← All IPOs: open, upcoming and recently listed

From NSE's official IPO data. Expected dates follow SEBI's T+3 timetable; the exchange confirms them. Information only, not investment advice.

What is the Classic Electrodes (India) IPO price band and lot size?

The price band is ₹82–87 per share, and one lot is 1600 shares (₹1,39,200 at the upper price).

When is the Classic Electrodes (India) IPO allotment date?

Allotment was finalised on 27 Aug 2025, the next working day after bidding closed on 26 Aug 2025.

How many times was the Classic Electrodes (India) IPO subscribed?

Subscription figures are not available yet.

What is the Classic Electrodes (India) IPO listing date?

It listed on 1 Sept 2025 on NSE Emerge (SME).

When does the Classic Electrodes (India) anchor lock-in end?

The 30-day lock-in on half of the anchor investors' shares ends on 25 Sept 2025 and the 90-day lock-in on the rest ends on 24 Nov 2025; they can sell from the next trading day.

What was the Classic Electrodes (India) listing gain?

It opened at ₹100.00 against an issue price of ₹87, a gain of 14.94%. It is now down 45.46% from the issue price.