As of March 2024, 94.34% is owned by Indian Promoters and 5.66% by Public.

Top five Promoters holding highest number of shares of Classic Electric company are Jadavji Lalji Shah (2.12 lakhs shares / 14.27%), Damji Lalji Shah (1.88 lakhs shares / 12.66%), Shantaben D.Shah (1.61 lakhs shares / 10.85%), Jayvanti Jadavji Shah (1.23 lakhs shares / 8.28%) and Hindustan Appliances Limited (0.73 lakhs shares / 4.92%).