Classic Electrodes India Ltd Company Summary

Classic Electrodes India Ltd Summary

Classic Electrodes (India) Limited was originally incorporated as Classic Electrodes (India) Private Limited dated September, 30, 1997, issued by the Registrar of Companies, Kolkata. Thereafter, Company name changed from Classic Electrodes (India) Private Limited to Classic Electrodes (India) Limited, consequent to conversion of Company from Private to Public Limited on April 18, 2009 and a fresh Certificate of Incorporation was issued by the Registrar of Companies, Kolkata on June 13, 2009.The Company commenced welding electrode manufacturing in Tikiapara, Howrah, West Bengal, achieving ISO 9001 certification. It then received Factory approval in year 2000 by the Bureau of Indian Standards. In 2004, it received factory approval by the Research Designs and Standards Organisation. It relocated their factory to Dhulagarh, enabling an increase in production capacity and introducing diversified products such as mild steel MIG wire in 2009. The Companys Unit 2 was established in Bahadurgarh, Haryana in 2014. It achieved integration of upgraded manufacturing technology for stainless steel MIG wire in 2021. It relocated Unit 2 from Bahadurgarh to Jhajjar, Haryana, amplifying production capacity with unparalleled efficiency and reliability.The Company engaged in the business of manufacturing of welding electrodes and providing engineering solutions to customers both in domestic and international markets. The Company presently operate from two manufacturing units, out of which Unit I located in Dhulagarh, West Bengal, and Unit II located at Jhajjar, Haryana for processing and manufacturing of products. At Unit I, it manufacture Welding Electrodes and MIG Wires, while Unit II focuses exclusively on MIG Wires. The Company, apart from producing high-volume General-Purpose Electrodes is involved in production of high quality special consumable like Low hydrogen, Low Alloy, Stainless steel, Cast Iron, Hard surfacing and Reclamation electrodes. The Company is accredited certified under ISO - 9001:2008 Quality Management Systems by Moody International Certification Limited. The Company is holding Bureau of India standard (BIS) License and registered under Directorate General of Supplies & Disposal (DGS&D) - Govt. of IndiaThe Company is planning a Public Offer of upto 48,00,000 Equity Shares through Fresh Issue.