Craftsman Automation will hit the market with its Rs 824 crore IPO on March 15, has set the price band for the issue at Rs 1,488-1,490 per equity share. The IPO will close on March 17. On the offer is a fresh issue of equity shares aggregating up to Rs 150 crore, and an offer for sale (OFS) of up to 4,521,450 equity shares.
Craftsman Automation is a diversified engineering company, with vertically integrated manufacturing capabilities, engaged in three business segments: Automotive, Powertrain and Others; Automotive – Aluminium Products, and Industrial and Engineering. The company owns 12 strategically located manufacturing facilities across seven cities in India. In the Automotive - Powertrain and Others segment, the company offers highly engineered products such as engine parts. Craftsman is the largest.
Craftsman Automation IPO Review
- Adding Soon.
Craftsman Automation IPO Date & Price Band
| IPO Opening Date | Mar 15, 2021 |
| IPO Closing Date | Mar 17, 2021 |
| Issue Type | Book Built Issue IPO |
| Face Value | ₹5 per equity share |
| IPO Price | Rs.1488 to Rs.1490 per equity share |
| Market Lot | 10 Shares |
| Min Order Quantity | 10 Shares |
| Listing At | BSE, NSE |
| Issue Size | Eq Shares of ₹5 (aggregating up to ₹823.70 Cr) |
| Fresh Issue | 10,06,711 Eq Shares of ₹5 (aggregating up to ₹150.00 Cr) |
| Offer for Sale | 45,21,450 Eq Shares of ₹5 (aggregating up to ₹673.70 Cr) |
Craftsman Automation IPO Market Lot
| Minimum Lot Size: | Minimum 10 Shares |
| Minimum Amount: | ₹ 14,900 |
| Maximum Lot Size: | Maximum 130 Shares |
| Maximum Amount: | ₹ 1,93,700 |
Craftsman Automation IPO Tentative Timetable
The Craftsman Automation IPO open date is Mar 15, 2021, and the close date is Mar 17, 2021. The issue may list on Mar , 2021.
| IPO Open Date | Mar 15, 2021 |
| IPO Close Date | Mar 17, 2021 |
| Basis of Allotment Date | Mar 22, 2021 |
| Initiation of Refunds | Mar 23, 2021 |
| Credit of Shares to Demat Account | Mar 24, 2021 |
| IPO Listing Date | Mar 25, 2021 |
Craftsman Automation IPO Form
How to apply the Craftsman Automation IPO? You can apply Craftsman Automation IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Craftsman Automation IPO in the Invest section. The other option you can apply Craftsman Automation IPO via IPO forms download via NSE and BSE. Check out theCraftsman Automation forms - click NSE Forms & BSE Forms blank IPO forms download, fill and submit in your bank or with your broker.
Craftsman Automation Company Financial Report
| Particulars | For the year/period ended (₹ in millions) | |||
|---|---|---|---|---|
| 30-Sep-20 | 31-Mar-20 | 31-Mar-19 | 31-Mar-18 | |
| Total Assets | 21,681.85 | 23,031.36 | 23,253.98 | 19,994.34 |
| Total Revenue | 5,365.20 | 15,010.57 | 18,316.43 | 15,228.62 |
| Profit After Tax | 69.66 | 410.73 | 973.67 | 315.34 |
Company Promoters
- Srinivasan Ravi
Read Also:- Craftsman Automation IPO GMP
About Craftsman Automation
Incorporated in 1986, Craftsman Automation Ltd is a leading engineering organization that is engaged in manufacturing precision components. The company designs, develop, and manufactures a range of engineering products. It is one of the leading players in the machining of cylinder blocks for the tractor segment.
The business operates 3 key segments namely Automotive-Powertrain and others, Automotive-Aluminium Products, and Industrial and Engineering division that is engaged in manufacturing material handling equipment i.e. hoists, industrial gears, marine engines, crane kits, gearboxes, locomotive equipment, storage solutions, etc.
The company owns 12 state-of-the-art manufacturing facilities across 7 cities of India. Its customer base includes Tata Motors, Daimler India, Tata Cummins, Mahindra & Mahindra, Royal Enfield, Siemens, Escorts, Ashok Leyland, VE Commercial Vehicles, TAFE Motors & Tractors, etc.
Craftsman Automation IPO Prospectus
C 101, 247 Park, L.B.S.Marg,Vikhroli (West), Mumbai - 400083Phone: +91-22-4918 6270Email: craftsman.ipo@linkintime.co.inWebsite: http://www.linkintime.co.in
Craftsman Automation IPO Lead Managers
- Axis Capital Limited
- IIFL Holdings Limited
Company Address
Craftsman Automation Limited
Senthel Towers, 4 th Floor, 1078,
Avanashi Road, Coimbatore 641 018
Phone: (91 422) 302 1000
Email: investor@craftsmanautomation.com
Website: http://www.craftsmanautomation.com/
Craftsman Automation IPO FAQs
When Craftsman Automation IPO will open for QIB, NII, and Retail?
The IPO is to open on 15 March 2021 for QIB, NII, and Retail Investors.
What is Craftsman Automation IPO Investors Portion?
The investors' portion for QIB-50%, NII-15%, and Retail 35%.
How to Apply the Craftsman Automation IPO?
You can apply Craftsman Automation IPO via ASBA online via your bank account. You can apply ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
How to Apply the Craftsman Automation IPO through Zerodha?
Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name "Craftsman Automation". Click on Bid Button. Enter your UPI ID, Quantity and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
What is Craftsman Automation IPO Size?
Craftsman Automation IPO size is ₹823.70 crore.
What is Craftsman Automation IPO Price Band?
Craftsman Automation IPO Price Band is ₹1488 - ₹1490 .
What is Craftsman Automation IPO Minimum and Maximum Lot Size?
The minimum bid is 10 Shares with ₹14900 amount while maximum bid is 130 shares with ₹ 1,93,700.
What is Craftsman Automation IPO Allotment Date?
Craftsman Automation IPO allotment date is 22 March 2021.
What is Craftsman Automation IPO Listing Date?
Craftsman Automation IPO listing date is 25 March 2021. The IPO to list on BSE and NSE.
