Comparison between Classic Electrodes IPO and Tankup Engineers IPO.
Classic Electrodes IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Tankup Engineers IPO is a SME Bookbuilding proposed to list at NSE SME.
| Classic Electrodes IPO | Tankup Engineers IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | NSE SME | NSE SME |
| Lead Managers | GYR Capital Advisors Pvt.Ltd. | Hem Securities Ltd. |
| Registrar | MUFG Intime India Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Wiinance Financial Services Pvt.Ltd. | Hem Finlease Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | Anchor Investor | Anchor Investor |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Classic Electrodes IPO is up to ₹39.09 Cr whereas the issue size of the Tankup Engineers IPO is up to ₹18.55 Cr. The final issue price of Classic Electrodes IPO is ₹87.00 per share and of Tankup Engineers IPO is ₹140.00 per share.
| Classic Electrodes IPO | Tankup Engineers IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹82.00 per share | ₹133.00 per share |
| Issue Price (Upper) | ₹87.00 per share | ₹140.00 per share |
| Issue Price (Final) | ₹87.00 per share | ₹140.00 per share |
| Discount (Retail) | ₹0.00 per share | |
| Discount (Employee) | ₹0.00 per share | |
| Market Lot Size | 1600 shares | 1000 shares |
| Fresh Issue Size | 44,92,800 shares | 13,25,000 shares |
| Fresh Issue Size (Amount) | up to ₹39.09 Cr | up to ₹18.55 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 44,92,800 shares | 13,25,000 shares |
| Issue Size Total (Amount) | up to ₹39.09 Cr | up to ₹18.55 Cr |
Classic Electrodes IPO opens on Aug 22, 2025, while Tankup Engineers IPO opens on Apr 23, 2025. The closing date of Classic Electrodes IPO and Tankup Engineers IPO is Aug 26, 2025, and Apr 25, 2025, respectively.
| Classic Electrodes IPO | Tankup Engineers IPO | |
|---|---|---|
| Anchor Bid Date | Aug 21, 2025 | Apr 22, 2025 |
| Issue Open | Aug 22, 2025 | Apr 23, 2025 |
| Issue Close | Aug 26, 2025 | Apr 25, 2025 |
| Basis Of Allotment (Tentative) | Aug 28, 2025 | Apr 28, 2025 |
| Initiation of Refunds (Tentative) | Aug 28, 2025 | Apr 29, 2025 |
| Credit of Share (Tentative) | Aug 29, 2025 | Apr 29, 2025 |
| Listing date (Tentative) | Sep 01, 2025 | Apr 30, 2025 |
| Anchor Lockin End date 1 | Sep 27, 2025 | May 28, 2025 |
| Anchor Lockin End date 2 | Nov 26, 2025 | Jul 27, 2025 |
Classic Electrodes IPO P/E ratio is 9.33, as compared to Tankup Engineers IPO P/E ratio of 21.26.
| Classic Electrodes IPO | Tankup Engineers IPO | |||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | EBITDA | Tankup Engineers Limited Financial Information (Restated)
| ||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 97.73 | 100.00 | ||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 71.77 | 73.65 | ||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 9.33 | 21.26 | ||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹156.30 Cr. | ₹74.13 Cr. | ||||||||||||||||||||||||||||||||||||||||
| ROE | 24.66% | 107.11% | ||||||||||||||||||||||||||||||||||||||||
| ROCE | 17.68% | 46.49% | ||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.23 | 1.00 | ||||||||||||||||||||||||||||||||||||||||
| EPS | ₹9.32 | ₹6.59 | ||||||||||||||||||||||||||||||||||||||||
| RoNW | 21.95% | 69.75% | ||||||||||||||||||||||||||||||||||||||||
In the Classic Electrodes IPO Retail Individual Investors (RII) are offered 15,74,400 shares while in Tankup Engineers IPO retail investors are offered 15,74,400 shares. Qualified Institutional Buyers (QIB) are offered 8,99,200 shares in Classic Electrodes IPO and 2,58,000 shares in Tankup Engineers IPO.
| Classic Electrodes IPO | Tankup Engineers IPO | |
|---|---|---|
| Anchor Investor Reserveration | 13,44,000 shares | 3,85,000 shares |
| Market Maker Reserveration | 2,78,400 shares | 70,000 shares |
| QIB | 8,99,200 shares | 2,58,000 shares |
| NII | 6,75,200 shares | 1,94,000 shares |
| RII | 15,74,400 shares | 4,52,000 shares |
| Employee | 0 shares | 36,000 shares |
| Others | ||
| Total | 44,92,800 shares | 13,25,000 shares |
Classic Electrodes IPO subscribed 179.97x in total, whereas Tankup Engineers IPO subscribed 124.67x.
| Classic Electrodes IPO | Tankup Engineers IPO | |
|---|---|---|
| QIB (times) | 84.88x | 43.65x |
| NII (times) | 356.75x | 437.62x |
| Big NII (times) | 421.54x | |
| Small NII (times) | 227.62x | |
| RII (times) | 158.44x | 46.51x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 179.97x | 124.67x |
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