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15 Days Price Change

Classic Electrodes IPO

Closing In

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Profile
Issue Size 29.82 Cr
Profile
Price Range 82  to  87 per share
Profile
Min Investment ₹87
Profile
Lot Size 1
Profile
Face Value ₹10
Profile
Draft Prospectus
Invest Before the IPO Goes Live

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Profile
  • Basic Info
  • IPO Tentative Timetable
  • IPO Lot Size
  • Subscription Status
  • Financials
  • Profit & Loss
  • Balance Sheet
  • Cash Flow
  • Ratios
  • Growth Rates
  • Other info

Overview

We are engaged in the business of manufacturing welding electrodes and providing engineering solutions tocustomers both in domestic and international market. Our Company has been in existence for (27) twenty-sevenyears now and provides a wide range of product offerings including General Purpose Electrodes, Low AlloyElectrodes, Low Hydrogen Electrodes, Stainless Steel Electrodes, Hard Facing Electrodes, Cast Iron Electrodes,Non-Ferrous Electrodes, Low Heat Input Electrodes, Cutting and Gauging Electrodes, Mig Wires etc. Read More

Basic Info

Face Value 10 per share

Price 82  to  87 per share

P/E (x) 9.9

Sales( Cr.) 206

PAT( Cr.) 12

EPS 8.8

Draft Prospectus

Exchange NSE-SME

Promoter

Company Promoters

Hanuman Prasad Agarwal Sushil Kumar Agarwal Nitesh Agarwal Sunil Kumar Mittal Alltime Suppliers Pvt Ltd. Ayush Agarwal Naresh Kumar Agarwal Panchshul Merchants Pvt Ltd. Gunnayak Commercial Pvt Ltd.

Pre Issue Share Holding 97.73%

Post Issue Share Holding 71.77%

Listing Details:

Listing Price: 100

Listing Gain: 13%

Current Price: 48.8

Gain On Issue: 48.8 | 0%

GMP: --

GMP %: -- %

IPO Tentative Timetable

Opening Date Aug 22, 2025
Closing Date Aug 26, 2025
Allotment Aug 27, 2025
Refund Aug 28, 2025
Delivery of Shares Aug 28, 2025
Listing Date Aug 29, 2025

IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 3200 278,400
Retail (Max) -- -- --
S-HNI (Min) 1 3200 278,400
S-HNI (Max) 3 9600 835,200
B-HNI (Min) 4 12800 1,113,600

Objective of the Issue

1. Funding capital expenditure of our company to purchase Plant and Machinery 2. Repayment of a portion of certain outstanding borrowing availed by our company 3. Funding the Working Capital requirements of the company 4. General Corporate Purposes

Issue

Category Nos Bid Bid (x)
QIB 0 76321600 0x
NII 0 241172800 0x
Retail 0 249321600 0x
EMP 0 0 0x
Total 0 566816000 0x

Net Sales (in cr.)

Total Income (in cr.)

Operating Profit (in cr.)

Net Profit (in cr.)

Shareholder Funds (in cr.)

Total Assets (in cr.)

Classic Electrodes Profit & Loss

#(Fig in Cr.) Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 134 151 194 206
Other Income 1 0 2 0
Total Income 134 151 196 206
Total Expenditure 128 142 175 184
Operating Profit 6 9 21 22
Interest 3 4 5 5
Depreciation 1 2 2 2
Exceptional Income / Expenses 0 0 0 -0
Profit Before Tax 2 3 15 15
Provision for Tax 1 1 5 3
Profit After Tax 1 2 10 12
Adjustments 0 0 0 0
Profit After Adjustments 1 2 10 12
Adjusted Earnings Per Share 1.1 1.6 7.2 8.8

Classic Electrodes Balance Sheet

#(Fig in Cr.) Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 20 22 34 45
Minority's Interest 0 0 0 0
Borrowings 5 4 3 2
Other Non-Current Liabilities 1 0 1 0
Total Current Liabilities 49 51 56 71
Total Liabilities 75 77 93 119
Fixed Assets 13 17 16 17
Other Non-Current Assets 6 2 1 1
Total Current Assets 56 58 76 101
Total Assets 75 77 93 119

Classic Electrodes Cash Flow

#(Fig in Cr.) Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 0 0 0 0
Cash Flow from Operating Activities 1 2 3 8
Cash Flow from Investing Activities -4 -2 -1 -11
Cash Flow from Financing Activities 3 0 -2 4
Net Cash Inflow / Outflow -0 0 -0 -0
Closing Cash & Cash Equivalent 0 0 0 0

Classic Electrodes Ratios

# Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 1.1 1.58 7.24 8.8
CEPS(Rs) 2.08 3.36 8.9 10.54
DPS(Rs) 0 0 0 0
Book NAV/Share(Rs) 14.82 16.4 25.46 34.26
Core EBITDA Margin(%) 4.34 5.62 9.9 10.67
EBIT Margin(%) 3.77 4.23 9.85 9.71
Pre Tax Margin(%) 1.48 1.85 7.49 7.23
PAT Margin (%) 1.09 1.38 4.93 5.64
Cash Profit Margin (%) 2.05 2.94 6.06 6.76
ROA(%) 1.94 2.75 11.25 10.95
ROE(%) 7.43 10.12 34.61 29.48
ROCE(%) 8.58 10.33 26.51 22.33
Receivable days 74.78 72.93 63.16 67.73
Inventory Days 59.04 51.33 50.2 63.25
Payable days 32.93 22.87 12.82 15.36
PER(x) 0 0 0 0
Price/Book(x) 0 0 0 0
Dividend Yield(%) 0 0 0 0
EV/Net Sales(x) 0.32 0.31 0.25 0.32
EV/Core EBITDA(x) 6.84 5.4 2.31 2.96
Net Sales Growth(%) 0 12.72 28.47 6.18
EBIT Growth(%) 0 26.5 199.45 4.6
PAT Growth(%) 0 43.41 358.4 21.55
EPS Growth(%) 0 43.41 358.41 21.55
Debt/Equity(x) 2.01 1.99 1.36 1.2
Current Ratio(x) 1.13 1.14 1.37 1.42
Quick Ratio(x) 0.69 0.74 0.79 0.88
Interest Cover(x) 1.65 1.77 4.17 3.92
Total Debt/Mcap(x) 0 0 0 0

Sihora Industries Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 6% 15% 0% 0%
Operating Profit CAGR 5% 54% 0% 0%
PAT CAGR 20% 129% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR NA% NA% NA% NA%
ROE Average 29% 25% 20% 20%
ROCE Average 22% 20% 17% 17%

Company Contact Information

Classic Electrodes (India) Ltd.

Bhagyashree Agarwal

+91 8336007981

compliance@classicelectrodes.com

1 A, Bonfield Lane

IPO Lead Manager(s)

Classic Electrodes (India) Ltd.

GYR Capital Advisors Pvt Ltd.

Registrar Info

Classic Electrodes (India) Ltd.

MUFG Intime India Pvt Ltd.

C-101, 1st Floor, 247 Park, Lal Bahadur Shastri Marg, Vikhroli (West), Mumbai Mumbai City Maharashtra 400083

rnt.helpdesk@in.mpms.mufg.com

https://in.mpms.mufg.com/

Frequently Asked Questions

All You Need To Know About IPO

When you leave without vesting, generally unvested ESOPs are cancelled. Vested ESOPs usually can be exercised after you depart, often within 3 to 6 months, depending on the company's ESOP plan.

For companies listed on a stock exchange, you can sell the shares any time after you exercise the ESOP option and the shares are in your demat account. If the company is unlisted or otherwise a startup, you can only sell the shares if and when the company announces a buyback or has a process for secondary sales.

Whenever you exercised your options to hold shares, you entered into a market risk situation, and if the valuation of the company drops, so do the shares.

Yes. ESOPs are valuable to the employer in that the employer is able to retain the best talent, align employee interests with company goals, and preserve cash while rewarding performance.

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