Classic Electrodes IPO

Established in 1997 and headquartered in Kolkata, West Bengal, Classic Electrodes (India) Limited is a prominent Indian manufacturer specialising in welding consumables, including electrodes and MIG wires. The company manufactures welding electrodes and provides engineering solutions to domestic and international customers. Classic Electrodes offers a diverse range of welding consumables designed for various industrial applications. Their product line includes: Mild Steel Electrodes: Suitable for general-purpose welding tasks. Stainless Steel Electrodes: Designed for corrosion-resistant welding applications. Cast Iron Electrodes: Ideal for repairing cast iron components. Deep Penetration Electrodes: Engineered for heavy-duty welding requirements. MIG Wires: Used in metal inert gas welding processes. The company has two manufacturing units: Unit I in Dhulagarh, West Bengal, and Unit II in Jhajjar, Haryana. Previously in Bahadurgarh, Haryana, Unit III closed in FY 2023-2024. These units are strategically located in West Bengal, ensuring access to various transportation modes for efficient product distribution, raw material sourcing, and customer access. As of February 28, 2025, the company had an employee base of 95 permanent employees. Competitive Strength: Strong brand known for quality, reliability, and performance, trusted by industrial users and distributors in India and select global markets. Wide range of welding consumables: mild steel, stainless steel, cast iron electrodes, deep penetration electrodes, and MIG wires. Modern production facility in West Bengal with automated processes. Focus on Quality and Certifications. Efficient supply chain and strong dealer relationships ensure timely product delivery. In-house Research & Development.

The Company Classic Electrodes IPO proposes to utilise the Net Proceeds from the Issue towards the following objects: S.No. Objects of the Issue Expected Amount (₹ in crores) 1 Funding capital expenditure of our company to purchase Plant and Machinery 1.47 2 Repayment of a portion of certain outstanding borrowing availed by the company 10.00 3 Funding the working capital requirements of the company 16.60 4 General Corporate Purposes 9.28

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