Classic Electrodes (India) Ltd IPO

We hold a prominent position in the welding electrodes and Mig Wires market.

We possess a highly skilled and experienced team with strong engineering expertise. This talent pool allows us to conceptualize and deliver innovative fixture solutions tailored to our clients needs.

We are equipped with hi-tech, advanced machinery that enhances our production capabilities and ensures precision in manufacturing.

PAN India offerings: Our company has such capabilities and experience that it can efficiently cater to clients requirements across the entire country, ensuring timely deliveries and superior service.

We possess advanced facilities and a talented pool of resources, enabling us to undertake diverse industrial fabrication projects.

The Company is increasingly dependent on a domestic market for its sales and any a downturn in it could dent its market share.

The company operates all its manufacturing facilities from concentrated geographic areas therefore, any localized social unrest, natural disaster or breakdown of services or any other natural disaster in and around or any disruption in production at, or shutdown of, all its manufacturing units could have material adverse effect on the companys business and financial condition.

The company has been unable to locate certain of its historical corporate records. The Company was incorporated in 1997 and certain corporate records and documents filed by it with the RoC are not traceable.

The company requires certain approvals and licenses in the ordinary course of business and the failures to successfully obtain/renew such registrations would adversely affect its operations, results of operations and financial condition.

The company may be unable to sufficiently obtain, maintain, protect, or enforce its intellectual property and other proprietary rights.

The Company, its Directors and its Promoters are party to certain litigation and claims. These legal proceedings are pending at different levels of adjudication before various forums and regulatory authorities. Any adverse decision may make it liable to liabilities/penalties and may adversely affect its reputation, business andfinancial status.

The restated examination report by its peer review auditor on Special Purpose Financial Statements has provided a matter of emphasis paragraph for the company has not accounted for interest provisions as per MSMED Act, 2006.

If there are delays in setting up the proposed expansion or if the costs of setting up and the possible time or cost overruns related to the proposed facilities or the purchase of plant and machinery for the proposed facilities are higher than expected, it could have a material adverse effect on its financial condition, results of operations and growth prospects.

The companys business and profitability is substantially dependent on the availability and cost of its raw materials and any disruption to the timely and adequate supply or volatility in the prices of raw materials may adversely impact its business, results of operations, cash flows and financial condition.

Its inability to collect receivables and default in payment from the companys customers could result in the reduction of its profits and affect the company cash flows.