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 up to 47,71,200 equity shares of face value Rs. 10 each (the "Equity Shares") of Classic Electrodes (India) Limited ("The Company" or the "Issuer") for cash at an issue price of Rs. [*] per equity share (including a securities premium of Rs. [*] per equity share) ("Issue Price"), aggregating up to Rs. [*] crores (the "Issue") of which 2,78,400 equity shares aggregating to Rs. [*] 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 Rs. 10 each at an issue price of Rs. [*] per equity share aggregating upto Rs. [*] crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 26.56 % and 25.01 % respectively of the post-issue paid-up equity share capital of the company.
Price Band:Rs. 82 to Rs.87 per equity share of the face value of Rs.10 each.
The floor price is 8.2 times of the face value the cap price is 8.7 times of the face value.
Bids can be made for a minimum of 3200 equity shares and in multiples of 1600 equity shares thereafter. |
|
| Issue |
Money Payable On |
| Opens On |
Closes On |
Application |
Allotment |
| 22-Aug-25 |
26-Aug-25 |
82.00-87.00 |
0.00-0.00 |
|
|
Minimum Application for shares in Nos :
1600
Further Multiples of :
1600
|
|
| |
Rs Cr |
Lead Managers to the Issue |
| Project Cost |
0.00 |
GYR Capital Advisors Pvt Ltd
|
| Project Financed through Current Offer |
39.12 |
|
| Post Issue Equity Share Capital |
17.96 |
|
| Issue Price |
82.00 |
|
|