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Craftsman Automation Limited IPO

Craftsman Automation Limited IPO

IPO Date :
Issue Price :
Allotment Date :
Listing Date :
List Price :
Lot Size:
Subscription:
Listed Price: ₹ 1,359.00 (-8.79%)

Following its successful public offering, Craftsman Automation Limited's made its market debut on 25-03-2021 and is now actively traded on the NSE, BSEplatform. The IPO mobilized 55,28,161 Shares in total capital, including 10,06,711 Shares in primary equity infusion and ₹674.00 Cr in secondary share sales.

The offering was structured with a price band of ₹1,488 to ₹1,490 and minimum investment lots of 10 shares. Investor participation during the subscription window from 15-03-2021 to 17-03-2021 demonstrated market confidence in the company's prospects.

The allotment process concluded on 22-03-2021, allocating shares to successful bidders. The listing represents the culmination of the IPO process, transitioning the company to publicly traded status with enhanced transparency and governance standards.

Craftsman Automation IPO Details
Lot(s) Distribution

Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.

IPO Reservation
Craftsman Automation IPO Key Performance Indicator
Company Financials ( In Lakhs )

Craftsman Automation IPO About Company

Craftsman Automation Ltd, incorporated in 1986, is a leading engineering company specializing in manufacturing precision components. The company designs, develops, and produces a wide range of engineering products and is a prominent player in machining cylinder blocks for the tractor segment. Its operations are divided into three key segments: Automotive – Powertrain and others, Automotive – Aluminium Products, and Industrial & Engineering, which focuses on material handling equipment such as hoists, industrial gears, marine engines, crane kits, gearboxes, locomotive equipment, and storage solutions. Craftsman Automation owns 12 state-of-the-art manufacturing facilities across seven cities in India and serves marquee clients including Tata Motors, Daimler India, Tata Cummins, Mahindra & Mahindra, Royal Enfield, Siemens, Escorts, Ashok Leyland, VE Commercial Vehicles, and TAFE Motors & Tractors.


Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."


Craftsman Automation IPO Strength Factors

  1. Leading Manufacturer: Top player in engineering products.
  2. Strategic & Integrated Facilities: Vertically integrated plants in key locations.
  3. Strong Design Capabilities: Expertise in innovative product design.
  4. Robust Financials: Demonstrates strong and consistent financial performance.

Craftsman Automation IPO Risk Factors

NA


Craftsman Automation IPO Lead Manager(s)

  • Axis Capital Limited
  • IIFL Securities Limited

Craftsman Automation IPO Promoter(s)

  1. Srinivasan Ravi

Craftsman Automation IPO Company Details

Craftsman Automation Limited
Phone:
address:

Craftsman Automation IPO Registrar

Link Intime India Private Limited
Name:
Phone:

Craftsman Automation IPO FAQs