Classic Electrodes (India) Ltd
|
Registered Office:
1 A Bonfied Lane,
,
Kolkata
-
700001
,
West Bengal
, India.
Phone :
+91 83360 07981 Fax:
Email : compliance@classicelectrodes.com
Website : www.classicelectrodes.com
|
initial public offer of 47,71,200 equity shares of face value Rs10/- each (the "Equity Shares") of Classic Electrodes
(India) Limited ("the company" or the "issuer") for cash at an issue price of Rs87/- per equity share (including a securities premium of Rs77/- per equity share) ("issue price"), aggregating to Rs41.51 crores (the "issue") of which
2,78,400 equity shares aggregating to Rs2.42 crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. issue of 44,92,800 equity shares of face value of Rs10/- each at an issue price of Rs87/- per equity share aggregating to Rs39.09 crores is hereinafter referred to as the "Net Issue". The issue and the net issue shall constitute 26.56% and 25.01% respectively of the post-issue paid-up equity share capital of the company.
|
|
Opens On
|
Closes On
|
Application
|
Allotment
|
|
22-Aug-25
|
26-Aug-25
|
Rs 87.00-0.00
|
Rs 0.00-0.00
|
Minimum Application for shares in Nos :1600 Further
Multiples of :1600
|
|
|
(Rs Cr)
|
Lead Managers to the Issue
|
|
Project Cost
|
37.36
|
GYR Capital Advisors Pvt Ltd |
|
Project Financed through Current Offer
|
41.51
|
|
Post Issue Equity Share Capital
|
17.96
|
|
Issue Price
|
Rs 87.00
|
|
|
|