Classic Electrodes IPO GMP Grey Market Premium

Classic Electrodes IPO GMP is closed at ₹22 on 1 Sept 2025, estimating a profit of +25.29%. The IPO was highly oversubscribed 2.69x times and its allotment status is released on 28 Aug 2025 at MUFG. The highest grey market premium ever recorded is ₹22 only, estimated a returns of +25.29% over listing. However it listed at ₹100, at a premium of 14.94% over its issue price of ₹87 on 1 Sept 2025.

Lowest GMP	Present GMP	Highest GMP	Listing Gains
₹20	₹22	₹22	₹13
+22.99%	+25.29%	+25.29%	+14.94%

Classic Electrodes IPO is a Book Building issue of 47.71 lakh shares, aggregating up to ₹41.51 cr. On NSE SME, shares of Classic Electrodes IPO are listed at a premium of 14.94%, which is ₹13 more than its issue price. However, the expected GMP returns were +25.29%. Hence, the iporeturns.com Classic Electrodes IPO GMP accuracy is 59%

Classic Electrodes IPO GMP Live Tracker

The following table consists of live updates of Classic Electrodes IPO GMP of last 10 days from the grey market. Investors can check the GMP trends of the IPO shares to understand its demand and decide whether to invest in the Classic Electrodes IPO or to avoid it.

GMP Date	GMP [₹87]	Sub2 Sauda Rate	Est. Profit	Est. Listing Price	IPO Event
1-Sept	₹22	₹26,800	+25.29%	₹109	Listing
31-Aug	₹22	₹26,800	+25.29%	₹109
30-Aug	₹22	₹26,800	+25.29%	₹109
29-Aug	₹22	₹26,800	+25.29%	₹109
28-Aug	₹22	₹26,800	+25.29%	₹109	Allotment
27-Aug	₹22	₹26,800	+25.29%	₹109
26-Aug	₹22	₹26,800	+25.29%	₹109	Close
25-Aug	₹22	₹26,800	+25.29%	₹109
24-Aug	₹22	₹26,800	+25.29%	₹109
23-Aug	₹20	₹22,000	+22.99%	₹107
22-Aug	₹20	₹22,000	+22.99%	₹107	Open
21-Aug	₹20	₹22,000	+22.99%	₹107
20-Aug	₹20	₹22,000	+22.99%	₹107
19-Aug	₹20	₹22,000	+22.99%	₹107

What is Classic Electrodes IPO GMP or Grey Market Premium?

Classic Electrodes IPO Grey Market Premium is the premium price paid by investors in grey market for each Classic Electrodes IPO share. The GMP price is the price at which an IPO share is traded in an unregulated and unofficial grey market just before listing of its shares. The grey market premium of Classic Electrodes IPO reflects its demand factor among the investor community. If the GMP is positive, it signals a profitable listing on its listing date. If the GMP is low or negative, then it is expected to be listed at loss or discount and may be avoided by investors

In Classic Electrodes IPO case, the latest available ₹10 over its issue price of ₹126. It is anticipated that, Classic Electrodes IPO shares are expected to list at a premium of +7.94% Profit. However, on listing day, shares of Classic Electrodes are listed at slightly lower price of ₹135 only. Hence the Classic Electrodes IPO GMP prediction is valid and accuracy is 59%.

However it should be noted that the Classic Electrodes IPO GMP could be highly volatile and risky. Therefore, before to investing, please consider all factors of the Classic Electrodes IPO and make correct decision before investing in it.

Classic Electrodes IPO GMP Accuracy: 59%

The following table gives complete overview of grey market premium accuracy in terms of Direction Prediction, Return Magnitude and Price Estimation. As per the metrics, the iporeturns GMP accuracy of Classic Electrodes IPO is 59%.

Accuracy Component	Result	Score	Details
Direction Prediction	Correct	100%	Predicted gain, got positive listing (+14.94%)
Return Magnitude	Overestimated	59%	Predicted +25.29% but actual was +14.94%
Price Estimation	Fair	91.7%	₹109 vs ₹100 (₹9 overestimate)
iporeturns GMP Accuracy	Good Performance	59%	Correctly predicted direction but overestimated returns by 10.35 percentage points

Classic Electrodes IPO Important Dates

IPO Event	Date
IPO Open Date	22-Aug-2025
IPO Close Date	26-Aug-2025
Allotment Date	28-Aug-2025
Refund Date	28-Aug-2025
Credit to DEMAT	29-Aug-2025
IPO Listing Date	1-Sept-2025

Disclaimer: The information provided about Classic Electrodes IPO and its grey market premium (₹22) is for educational and informational purposes only. It should not be considered financial advice or a recommendation to invest. Please consult a qualified financial advisor before making any investment decisions. Investing in the Classic Electrodes IPO or stock market, including IPOs, carries risks, and readers act at their own risk.

About Classic Electrodes Limited Company

Classic Electrodes (India) Limited is a Kolkata-based company established in 1997. The company is engaged in the manufacturing of welding consumables such as welding electrodes and MIG wires. Over the years, it has built a strong reputation for delivering quality products that serve both domestic and international markets.

The company operates two manufacturing facilities, one located in Dhulagarh, West Bengal, and another in Jhajjar, Haryana. These plants allow Classic Electrodes to meet the rising demand for welding consumables across different regions. Earlier, it also had a unit in Bahadurgarh, Haryana, which was later discontinued in FY 2023-24.

Classic Electrodes offers a wide product portfolio, including general-purpose electrodes, stainless steel electrodes, cast iron electrodes, deep-penetration electrodes, and MIG wires. These products are used across industries such as construction, fabrication, engineering, and infrastructure, making the company a trusted supplier for critical industrial applications.

Financially, Classic Electrodes has shown consistent growth. In FY 2024, the company reported revenue of around ₹194 crore with a profit after tax of approximately ₹12.3 crore. This steady rise in revenue and profit highlights its strong business model and growing demand in the welding consumables sector.

Classic Electrodes IPO GMP Grey Market Premium FAQs