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Classic Electrodes (India) Ltd
Classic Electrodes (India) Ltd
Registered Office : 1 A Bonfied Lane,,Kolkata West Bengal 700001 Phone : +91 83360 07981
Fax :
Email : compliance@classicelectrodes.com
Website : www.classicelectrodes.com
initial public offer of 47,71,200 equity shares of face value Rs.10/- each (the "Equity Shares") of Classic Electrodes (India) Limited ("the company" or the "issuer") for cash at an issue price of Rs. 87/- per equity share (including a securities premium of Rs. 77/- per equity share) ("issue price"), aggregating to Rs. 41.51 crores (the "issue") of which 2,78,400 equity shares aggregating to Rs. 2.42 crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. issue of 44,92,800 equity shares of face value of Rs. 10/- each at an issue price of Rs.87/- per equity share aggregating to Rs. 39.09 crores is hereinafter referred to as the "Net Issue". The issue and the net issue shall constitute 26.56% and 25.01% respectively of the post-issue paid-up equity share capital of the company.
Opens On
Closes On
22-Aug-2025
26-Aug-2025
Application
Allotment
87.00
0.00
Minimum Application for shares in Nos : 3200.0 Further Multiples of : 1600.0
₹Cr
Lead Managers to the Issue
Project Cost (₹.Cr)
Project Financed through Current Offer (₹.Cr)
Post Issue Equity Share Capital (₹.Cr)
Issue Price (₹.Cr)
37.36
41.51
17.96
87.00
GYR Capital Advisors Pvt Ltd
- Funding capital exp of the company to purchase plant and machinery
- Repayment of a portion of certain outstanding borrowings availed by the company
- Funding the working capital requirements of the company
- General corporate purposes
- Hanuman Prasad Agarwal
- Sushil Kumar Agarwal
- Nitesh Agarwal
- NSE - SME
- MUFG Intime India Pvt Ltd