Mumbai, Sept. 1 -- The scrip was listed at Rs 100, a premium of 14.94% over the initial public offer (IPO) price. The stock is currently frozen at its lower limit of 5% over its listing price.

The counter hit a high of Rs 101 and a low of Rs 95. About 22.08 lakh shares of the company changed hands at the counter.

Classic Electrodes (India)'s IPO was subscribed 165.39 times. The issue opened for bidding on 22 August 2025 and it closed on 26 August 2025. The price band of the IPO was set at Rs 82 to 87 per share.

The IPO comprised fresh issue of 47,71,200 shares. The promoter shareholding in the company diluted to 71.77% post- IPO from 97.73% pre-IPO.

The company intends to utilize the net proceeds for capital expenditure towards the se...