The Classic Electrodes IPO introduces investors to a Kolkata-based company specializing in the manufacture of electric equipment components within the OEM sector. Classic Electrodes operates in a niche segment, leveraging its technical expertise and established client relationships. The IPO aims to raise capital to expand operations and enhance production capabilities, strengthening its position in the electric equipment market. The Classic Electrodes IPO is an SME public issue opening on August 22, 2025, and closing on August 26, 2025, with an issue size of ₹41.51 crore.
₹20
₹87
₹100.00
Expert Opinions
The Classic Electrodes IPO is garnering positive market sentiment, reflecting confidence in the company’s leadership in the electric equipment OEM sector. Classic Electrodes boasts strong operational efficiency and financial discipline, evident from its solid Return on Capital Employed (ROCE) of 26.13%, Return on Net Worth (RONW) of 36.21%, and a Net Asset Value (NAV) of ₹25.71 for FY 2025.
The company’s strengths include a niche business focus, technical expertise, and an expanding client base. Risks involve dependence on industrial cycles, raw material price volatility, and competitive pressures. From a long-term investment perspective, the Classic Electrodes IPO represents a compelling opportunity to participate in a company with robust fundamentals and significant growth potential in India’s expanding industrial and electrical equipment market.
Investor Considerations
The Classic Electrodes IPO presents a promising investment opportunity backed by strong company performance and fundamentals. For FY 2025, the company reported an Earnings Per Share (EPS) of ₹9.31, an EBITDA margin of 11.85%, and a debt-to-equity ratio of 1.35, reflecting healthy profitability alongside moderate financial leverage. Operating in the electric equipment OEM sector, Classic Electrodes benefits from increasing demand driven by industrial growth and infrastructure developments.
The sector outlook remains favorable with steady expansion prospects. Risks include exposure to raw material price fluctuations and industrial cyclicality. The Classic Electrodes IPO is best suited for long-term investors seeking growth through participation in a niche, steadily expanding market segment, while short-term investors should consider market volatility and sector-specific risks.
| Date | GMP | Trend |
|---|---|---|
| 26 Aug 2025 12.01 | ₹20 | --- |
| 25 Aug 2025 11.17 | ₹20 | --- |
| 24 Aug 2025 11.54 | ₹20 | --- |
| 23 Aug 2025 18.36 | ₹20 | Down |
| 22 Aug 2025 10.54 | ₹22 | --- |
| 21 Aug 2025 11.10 | ₹22 | --- |
| 20 Aug 2025 11.15 | ₹22 | --- |
| 19 Aug 2025 10.51 | ₹22 | --- |
| 18 Aug 2025 15.24 | ₹22 | Up |
| 17 Aug 2025 12.33 | ₹18 | Up |
| 15 Aug 2025 16.19 | ₹15 | --- |
FAQs
The Grey Market Premium showed good accuracy in predicting Classic Electrodes IPO’s listing performance. With a final GMP of ₹20, it projected a premium of 22.99% over the issue price of ₹87. The stock listed at ₹100, delivering a gain of 14.94%. This resulted in a moderate prediction error of 8.05%, where the GMP correctly signaled a positive listing but slightly overestimated the actual gain, reflecting fair reliability in this case.
Classic Electrodes IPO Current GMP is ₹20.
Classic Electrodes IPO Expected Returns is 22.99%.
Classic Electrodes IPO estimated listing price is ₹107.