Classic Electrodes IPO: Check GMP, price band, issue size and other details

Classic Electrodes, a welding consumables manufacturer based in Kolkata, is launching its IPO on August 22, aiming to raise ₹41.51 crore through a fresh issue of shares. The company intends to use the IPO proceeds for purchasing new machinery, repaying debt, and meeting working capital needs. Ahead of the IPO, Classic Electrodes raised ₹11.69 crore from anchor investors.

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