Classic Electrodes IPO Marathi News: Of classic electrodes limited An SME IPO of Rs 1.5 crore opened on August 7 and closed on August 7. The shares of the company will be listed on NSE on September 7 on SME.

The price of the classic electrodes (India) Limited IPO was Rs. According to market analysts, the classic electrodes in the unlisted market are IPO GMP of Rs. Cap pricing and based on the current GMP, Classic electrodes It is suggested that the listed price of IPO shares can be Rs. Investors can make a profit. However, the GMP is only indicator and is subject to rapid change.

Reliance Jio’s IPO may be the largest IPO in India’s history, expects 5 % share

On the second day of the opening of the issue, the highest GMP of this issue was Rs. The GMP fell to Rs. Even then, the decline continued and it is currently Rs.

The issue received a good response from the investors and subscribed 19.99 times. In the retail category, it has subscribed at 5.4 times, the NII category 5.5 times and the QIB category 5.5 times.

Kolkata -based Classic Electricity (India) Limited was established in 1979. The company is a specialist in producing welding consumables such as electrodes and MIG wires and also provides advanced engineering solutions. Classic electrodes offer a wide range of welding consumables to meet various industrial needs. It has two active production units, unit-1 at Dhulgad (West Bengal) and Unit-1 at Jhajjar (Haryana).

In the financial year 1, the company’s revenue was Rs. In the financial year 1, the company’s revenue was Rs.

The company will use the capital set up from this issue to buy plants and machinery, to pay some debt, to meet the needs of the playable capital, and meet general corporate goals.

The IPO of the Current Infravities got Bumper Subscription, ‘This is’ is the date of share allotment, learn