Craftsman Automation IPO Date, Review, Price Band, Form & Market Lot Details

IPO Initial Public Offerings
Craftsman Automation IPO date is finalized on 15 March and the IPO will closes on 17 March 2021. The company is incorporated in 1986 in Coimbatore. They are leader in precision manufacturing in diverse field. They are leading manufacturer of precision components. They design, develop and manufacture engineering products and inventive solutions. They operates in 3 segments Automotive-Powertrain and others, Automotive-Aluminium products, and Industrial and Engineering. They have strong clietele Tata Motors, Dailmer India, Tata Cummins, Mahindra & Mahindra, Royal Enfield, Siemens, Escorts, Ashok Leyland, VE Commercial Vehicles, TAFE Motors & Tractors, etc. Check out Craftsman Automation IPO date, price band, market lot and more details.

Craftsman Automation

 

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    Craftsman Automation IPO Date & Price Band

     IPO Open: 15 March 2021
     IPO Close: 17 March 2021
     IPO Size: Approx ₹823.70 Crore
     Face Value: ₹5 Per Equity Share
     Price Band: ₹1488 to ₹1490 Per Share (Approx)
     Listing on: BSE & NSE
     Retail Portion: 35%
     Equity: 4,521,450 Shares

    Craftsman Automation IPO Market Lot

     Minimum Lot Size: Minimum 10 Shares
     Minimum Amount: ₹14900
     Maximum Lot Size: Maximum 130 Shares
     Maximum Amount: ₹193700

    Craftsman Automation IPO Allotment & Listing

     Basis of Allotment: 22 March 2021
     Refunds: 23 March 2021
     Credit to Demat Account: 24 March 2021
     Listing Date: 25 March 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 the Craftsman 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

      ₹ in Crore
    RevenueExpenseNet Income
    2017
    20181523148025.6
    20191832169287.8
    20201501143841.7
    2021 – H1
    5375265.6

    Craftsman Automation Anchor Investors List

     Anchor Name % of Allocation
     Pioneer Investment Fund 22.30%
     The Nomura Trust and Banking Co. Ltd. 14.20%
     HSBC Global Investments Fund – Asia Ex Japan Equity Smaller Companies 7.30%
     Volrado Venture Partners Fund II 6.10%
     Nippon India Trustee Ltd – A/C Nippon India Value Fund 5.70%
     Aditya Birla Sun Life Trustee Private Limited – A/C Aditya Birla Sun Life Small Cap Fund 5.30%
     ICICI Prudential Midcap Fund 4.70%
     ICICI Prudential Smallcap Fund 4.70%
     Nippon India Trustee Ltd – A/C Nippon India Growth Fund 3.60%
     Aditya Birla Sun Life Trustee Private Limited – A/C Aditya Birla Sun Life Resurgent India Fund – Series 6 2.80%
     Tata Mutual Fund – Tata Small Cap Fund 2.80%
     Kuwait Investment Authority Fund 223 2.80%
     Max Life Insurance Co Ltd – Participating Fund 2.80%
     Aditya Birla Sun Life Insurance Company Limited 2.80%
     Integrated Core Strategies Asia PTE Ltd 2.80%
     Avendus Absolute Return Fund 2.40%
     Mirae Asset Equity Savings Fund 2.30%
     ITPL – Invesco India Midcap Fund 2.30%
     Aditya Birla Sun Life Trustee Private Limited A/C Aditya Birla Sun Life Resurgent India Fund – Series 7 1.20%
     ITPL – Invesco India Infrastructure Fund 0.60%
     Mirae Asset Midcap Fund 0.40%
    Craftsman Automation Limited (the “Company’), a diversified engineering company with vertically integrated manufacturing capabilities, engaged in three business segments, namely powertrain and other products for the automotive segment (“Automotive – Powertrain and Others”), aluminum products for the automotive segment (“Automotive – Aluminum Products”), and industrial and engineering products segment (“Industrial and Engineering”), allotted 1,658,447 equity shares to 21 anchor investors and raised ₹247.11 crore ahead of the company’s proposed IPO at the upper price band of ₹1490 per unit.

    Company Promoters

    • Srinivasan Ravi

    About Craftsman Automation

      Craftsman Automation started the journey in the year 1986 as a small scale industry in the southern Indian city of Coimbatore, has grown to become a leader in precision manufacturing in diverse fields. The years of experience we have in the field of Engineering has strengthen our commitment, determined customer focus, culture of quality, and unique emphasis on social responsibility empowers Team Craftsman Automation.

        Quick Links

        DRHP Draft Prospectus
        RHP Draft Prospectus

        Craftsman Automation IPO Registrar

        Link Intime India Private Ltd
        C 101, 247 Park, L.B.S.Marg,
        Vikhroli (West), Mumbai – 400083
        Phone: +91-22-4918 6270
        Website: http://www.linkintime.co.in

        Note: Check Craftsman Automation IPO allotment status on Linktime website allotment URL. Click Here

        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: [email protected]
        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 30%.

        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 Burger King 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 crores.

        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 ₹1937–.

        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.

        Note: The Craftsman Automation IPO price band and date will be added as it will be officially announced. The IPO grey market premium (Craftsman Automation IPO GMP) will be added on the grey market page as it will start)

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