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Issue Open Date
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22-Aug-25
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Issue Closing Date
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26-Aug-25
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|
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Application Money
|
100
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Allotment Money
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|
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Price Band
|
82
-
87
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Minimium Application No.
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3200
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Issue Size (Shares)
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3427200
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Market Lot
|
1
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Objective
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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
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Category
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No. of Shares
|
No. of Shares
|
Subscription Ratio
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|
|
Offered / Reserved |
Bid For |
|
|
Non-Institutional Investors
|
|
13960000
|
|
|
Qualified Institutional Buyers
|
|
2704000
|
|
|
Retail Individual Investors
|
|
32524800
|
|
|
|
|
|
Business Description
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.
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Promoter's Holding
|
|
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Total Share Capital
|
12893750
|
|
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Offered to Public
|
4800000
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Promoter's Holding (Pre-Issue)
|
97.73
|
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Promoter's Holding (Post-Issue)
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|
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Address |
1 A
Bonfield Lane
Kolkata,
West Bengal,
700001
Phone : 9903934395
Email : compliance@classicelectrodes.com
Website : www.classicelectrodes.com
|
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Registrar |
MUFG Intime India Pvt Ltd.
C 101
247 Park
LBS Marg
Vikhroli (West)
Mumbai
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Listed at |
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NSE
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Lead Manager |
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GYR Capital Advisors Pvt Ltd.
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Promoters |
Alltime Suppliers Pvt Ltd.
Hanuman Prasad Agarwal
Nitesh Agarwal
Sunil Kumar Mittal
Sushil Kumar Agarwal
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|
