New Delhi, Sept. 1 -- Classic Electrodes (India) IPO listing: Classic Electrodes (India) IPO listing: Shares of Classic Electrodes (India) made a strong debut on the bourses on Monday, September 1, listing at Rs.100 on NSE SME, a premium of 14.94 percent from its IPO price of Rs.87.
The SME initial public offering (IPO) of Classic Electrodes (India) Limited, with a total issue size of Rs.41.51 crore, opened for bidding between August 22 and August 26 and received an overwhelming response from investors. The issue closed with an overall subscription of 179.97 times, indicating strong investor appetite.
During the three-day subscription window, the IPO garnered bids for 56.63 crore shares against the 31.47 lakh shares available. The retai...
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