Craftsman Automation Limited IPO
Mainboard₹14,900 / 10 Shares
Craftsman Automation Limited IPO Details
The Craftsman Automation Limited IPO price band is set between ₹1488-1490 per equity share, with a face value of 5 per share. The issue is managed by Link Intime India Private Ltd, and the equity shares are proposed to be listed on the Mainboard.
The IPO date for subscription opens on 15 Mar, 2021 and closes on 17 Mar, 2021. Investors can check the allotment status on 22 Mar, 2021, while the listing date is tentatively scheduled for 25 Mar, 2021.
The total issue size is Total Equity Shares 55,28,188 of Rs 5/- at price of Rs 1,488/- to Rs 1,490/- with aggregating up to Rs 823.70/- Cr# Fresh Issue of 10,06,711 Equity Shares of Rs 5/- at price of Rs 1,488/- to Rs 1,490/- with aggregating up to Rs 150.00/- Cr# Offer for Sale, aggregating up to . Stay tuned for the latest Craftsman Automation Limited IPO review and GMP updates.
Craftsman Automation Limited IPO Review, Rating & Analysis
Craftsman Automation Limited IPO Review
NO REVIEWCraftsman Automation Limited IPO Rating
Craftsman Automation Limited IPO Highlights
IPO Date
Mar 15, 2021 - Mar 17, 2021
Listing Date
25 Mar, 2021
Face Value
5 Per Equity Share
Price Band
₹1488-1490 per equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE, NSE
Craftsman Automation Limited IPO Lot Size
The minimum market lot for Craftsman Automation Limited IPO is 10 shares with an application amount of ₹14,900. Retail investors can apply for up to 13 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 10 | ₹14,900 |
| Retail (Max) | 13 | 130 | ₹1,93,700 |
| S-HNI (Min) | 14 | 140 | ₹2,08,600 |
| S-HNI (Max) | 67 | 670 | ₹9,98,300 |
| B-HNI (Min) | 68 | 680 | ₹10,13,200 |
Craftsman Automation Limited IPO Timeline
Issue Price
₹1488-1490 per equity shareFace Value
5 Per Equity ShareListing at Group
BSE, NSERegistrar
Link Intime India Private LtdLead Manager
Axis Capital Limited, IIFL Holdings LimitedIssue Size
Total Equity Shares 55,28,188 of Rs 5/- at price of Rs 1,488/- to Rs 1,490/- with aggregating up to Rs 823.70/- Cr# Fresh Issue of 10,06,711 Equity Shares of Rs 5/- at price of Rs 1,488/- to Rs 1,490/- with aggregating up to Rs 150.00/- Cr# Offer for SaleCraftsman Automation Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Sep 20 | 2168.18 | 536.52 | 6.96 | - | - | - |
| 31 Mar 20 | 2303.13 | 1501.05 | 41.07 | - | - | - |
| 31 Mar 19 | 2325.39 | 1831.64 | 97.36 | - | - | - |
| 31 Mar 18 | 1999.43 | 1522.86 | 31.53 | - | - | - |
All values are in ₹ Cr.
Promoters & Share Holding
Promoter(s) Name
- Srinivasan Ravi
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 63.40% | 59.76% |
About Company
Craftsman Automation Ltd is a leading engineering organisation that is engaged in manufacturing precision components. The company designs, develops, and manufactures a range of engineerng products. It is one of the leading players in machining of cylinder blocks for 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 equipments i.e. hoists, industrial gears, marine engines, crane kits, gear boxes, locomotive equipments, storage solutions, etc.
The companyes owns 12 state-of-the art manufacturing facilities across 7 cities of India. Its customer base includes Tata Motors, Dailmer India, Tata Cummins, Mahindra & Mahindra, Royal Enfield, Siemens, Escorts, Ashok Leyland, VE Commercial Vehicles, TAFE Motors & Tractors, etc.
Craftsman Automation Limited IPO Subscription Details
| As on | QIB | NII bNII sNII | Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 11,05,632 | 8,29,225 | 19,34,857 | 38,69,714 |
Day 1 -15-03-21 05:00 PM | 0.00 x | 0.07 | 0.49 x | 0.26 x |
Day 2 -16-03-21 05:00 PM | 0.56 x | 0.19 | 2.11 x | 1.25 x |
Day 3 -17-03-21 05:00 PM | 5.21 x | 2.84 | 3.41 x | 3.81 x |
Frequently Asked Questions about Craftsman Automation Limited IPO IPO
When will Craftsman Automation Limited IPO open for subscription?
The Craftsman Automation Limited IPO opens on 15 Mar, 2021 and closes on 17 Mar, 2021.
What is the investors portion for Craftsman Automation Limited IPO?
The investors' portion for QIB is 5.21 x, NII is 2.84, and Retail is 3.41 x.
How to apply for Craftsman Automation Limited IPO?
You can apply for Craftsman Automation Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Craftsman Automation Limited IPO?
The issue size of Craftsman Automation Limited IPO is approx ₹Total Equity Shares 55,28,188 of Rs 5/- at price of Rs 1,488/- to Rs 1,490/- with aggregating up to Rs 823.70/- Cr# Fresh Issue of 10,06,711 Equity Shares of Rs 5/- at price of Rs 1,488/- to Rs 1,490/- with aggregating up to Rs 150.00/- Cr# Offer for Sale crores.
What is the price band of Craftsman Automation Limited IPO?
The price band for Craftsman Automation Limited IPO is ₹1488 to ₹1490 per equity share.
What is the lot size of Craftsman Automation Limited IPO?
The minimum bid (lot size) for Craftsman Automation Limited IPO is N/A shares with an investment of approx ₹14,900 .
What is the allotment date of Craftsman Automation Limited IPO?
The allotment date for Craftsman Automation Limited IPO is 22 Mar, 2021.
What is the listing date of Craftsman Automation Limited IPO?
The listing date for Craftsman Automation Limited IPO is expected to be 25 Mar, 2021.
What is the GMP of Craftsman Automation Limited IPO?
The latest Grey Market Premium (GMP) for Craftsman Automation Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.