ListedSMEElectric EquipmentCLASSICEIL

Classic Electrodes IPO

Classic Electrodes IPO is an SME IPO raising ₹41 Cr at ₹82 – ₹87 a share. It listed on 1 Sept 2025 at ₹100, +14.9% against its issue price of ₹87, and trades at ₹47 today (−46.2% since issue). It was subscribed 180× in total.

₹87
Issue price
₹47
Price now
−46.2%
Since issue price
1 Sept 2025
Listed on
180×Subscribed (final) · all exchanges

179.5 times more demand than shares on offer

populated partly populated we hold nothing here — the tab says why

Terms of the issue

The mechanics of what is being sold. Held for every issue we track.

Price band₹82 – ₹87
Cut-off price₹87
Issue size₹41 Cr
Shares per lot1600
Minimum application₹1,39,200
Minimum quantity3200
Face value₹10
Listing exchangesNSE
ISININE0UQ601012
Bidding hours10:00 – 17:00 IST
Bidding window22 Aug 2025 – 26 Aug 2025
SME
What being an SME issue means here. SME issues list on NSE Emerge or BSE SME. They disclose less than mainboard issues, trade far more thinly, and — by regulation — the minimum application is a full lot worth roughly ₹1–1.5 lakh rather than about ₹15,000. That is why the minimum above is so much larger than for a mainboard issue.

Not here yet

Valuation against the issuer's named peers, what the fresh money funds, and the anchor-investor allocation come from reading the prospectus, which we do for current and upcoming issues — historical issues will not gain them.