31 Mar 2022
Assets74.99
Total Income134.37
EBITDA6.08
Profit After Tax1.49
NET Worth19.65
Reserves and Surplus14.37
Total Borrowing40.21
At a glance
Updated 2026-08-24The shares listed at ₹100.00, a 14.94% move from the issue price. Classic Electrodes is a SME IPO with an issue size of ₹41.51 crore, proposed for listing on NSE SME. The offer opens on 22nd Aug 2025 and closes on 26th Aug 2025. The issue structure includes a fresh issue of ₹39.09 crore. The current listing schedule points to 1st Sep 2025.
Issue details
Listing atNSE SME
Issue typeBook Build Issue
Issue size₹41.51 Cr
Fresh issue₹39.09 Cr
Face value₹10
Price band₹82.00–₹87.00
Allotment28th Aug 2025
Listing1st Sep 2025
Listing performance
Full performance ↗Issue price₹87.00
Listing price₹100.00
Current price—
Listing gain14.94%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹22.00
GMP / upper price25.29%
Est. listing₹109.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens22nd Aug 2025
Closes26th Aug 2025
Allotment28th Aug 2025
Refund28th Aug 2025
Demat29th Aug 2025
Listing1st Sep 2025
Subscription demand
Full bidding ↗Total179.97×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 3200 | ₹278,400 |
Company
Use of proceeds
| Object | Amount |
|---|---|
| Funding capital expenditure of Company to purchase Plant and Machinery | ₹1.47 Cr |
| Repayment of a portion of certain outstanding borrowing availed by the company | ₹10.00 Cr |
| Funding the working capital requirements of the Company | ₹16.60 Cr |
| General Corporate Purposes | ₹9.28 Cr |
| Issue Expenses | ₹4.15 Cr |
| Total | ₹41.51 Cr |
Financials
Full financials ↗31 Mar 2023
Assets76.79
Total Income151.13
EBITDA8.54
Profit After Tax2.08
NET Worth21.73
Reserves and Surplus16.46
Total Borrowing44.11
31 Mar 2024
Assets88.53
Total Income194.41
EBITDA23.04
Profit After Tax12.30
NET Worth34.03
Reserves and Surplus28.75
Total Borrowing46.73
28 Feb 2025
Assets116.34
Total Income187.90
EBITDA19.24
Profit After Tax9.57
NET Worth43.60
Reserves and Surplus30.41
Total Borrowing53.50
Trend chart₹ crore
KPIs
| KPI | Feb 28, 2025 |
|---|---|
| ROE | 24.66% |
| ROCE | 17.68% |
| Debt / Equity | 1.23% |
| RoNW | 21.95% |
| PAT Margin | 5.10% |
| EBITDA Margin | 10.24% |
| Price to Book Value | 2.63 |
Valuation & shareholding
Pre-IPO EPS9.32
Post-IPO EPS5.81
Pre-IPO P/E9.33
Post-IPO P/E14.97
Promoter holding pre97.73%
Promoter holding post71.77%
Market cap₹156.30 Cr.
Issue expenses
| Expense | Amount |
|---|---|
| Funding capital expenditure of Company to purchase Plant and Machinery | ₹1.47 Cr |
| Repayment of a portion of certain outstanding borrowing availed by the company | ₹10.00 Cr |
| Funding the working capital requirements of the Company | ₹16.60 Cr |
| General Corporate Purposes | ₹9.28 Cr |
| Issue Expenses | ₹4.15 Cr |
| Total | ₹41.51 Cr |
Registrar & lead managers
Registrar
MUFG Intime India Pvt.Ltd.Lead managers
- GYR Capital Advisors Pvt.Ltd.
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-24.