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Craftsman Automation Ltd IPO: Price, Allotment, Listing, Subscription, Gmp

Craftsman Automation Ltd IPO: Craftsman Automation Ltd Rs 824- crore IPO (initial public offering) will open for subscription on March 15, 2021. The company has a fixed price band at Rs 1,488-1,490 per share of the face value of Rs 5 each. The public issue comprises a fresh issue of equity shares worth Rs 150 crore and offer-for-sale (OFS) of up to 45.21 lakh equity shares by promoters and existing shareholders

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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 they have in the field of Engineering has strengthened their commitment, determined customer focus, the culture of quality, and unique emphasis on social responsibility empower Team Craftsman Automation.

They are a leading engineering organisation engaged in the manufacturing of precision components, where Quality is at the heart of every aspect of each component that they make at the benchmark of reliability.

they are engineers and inventors. they design, develop and manufacture engineering products using state-of-the-art engineering technology and efficient manpower to meet the requirements of their customers. their manufacturing facilities include state-of-the-art equipment, engineered layout with process controls, and necessary automation for quality and productivity.

Promotors of Craftsman Automation Ltd

Srinivasan Ravi is the Chairman and Managing Director of the Company. He holds a bachelor’s degree in mechanical engineering from PSG College of Technology, Coimbatore. He is the Promoter of the Company. He has been associated with the Company since incorporation and has experience of more than 32 years in the automotive industry.


Financials of Craftsman Automation Ltd.

Particulars31-Dec-2031-Mar-2031-Mar-1931-Mar-18
Total Assets22,462.9323,031.3623,253.9819,994.34
Total Revenue10,299.0815,010.5718,316.4315,228.62
Profit After Tax506.6410.73973.67315.34

Craftsman Automation Ltd IPO Details

SymbolCRAFTSMAN
Issue Period15-Mar-2021 to 17-Mar-2021
Post issue Modification Period18-Mar-2021 (10.00 A.M. to 11.00 A.M.)
Cut-off time for UPI Mandate Confirmation18-Mar-2021 (upto 12:00 PM)
Issue SizeInitial Public offer of [.] Equity Shares comprising a Fresh Issue of Rs 1500 Million and an Offer for Sale of 45,21,450 Equity Shares
Issue Type100% Book Building
Price RangeRs.1488 to Rs. 1490
Face ValueRs 5
Tick SizeRe 1
Bid Lot10 Equity Shares and in multiples thereof
Minimum Order Quantity10 Equity Shares
Maximum Subscription Amount for Retail InvestorRs. 2,00,000
IPO Market Timings10.00 a.m. to 5.00 p.m.
Book Running Lead ManagersAxis Capital Limited and IIFL Securities Limited
Sponsor BankHDFC Bank Limited
Name of the RegistrarLink Intime India Private Limited
Address of the RegistrarC-101, 1st floor, 247 Park, L. B. S. Marg, Vikhroli West, Mumbai 400 083, Maharashtra, India
Contact person name number and Email idShanti Gopalkrishnan, +(91 22) 4918 6200, craftsman.ipo@linkintime.co.in

Craftsman Automation Ltd IPO Latest Grey Market Premium (GMP)

DATEOFFER PRICEGREY MARKET PREMIUMKOSTAK RATES
16.03.2021₹ 1490₹ 110-120N.A.
15.03.2021₹ 1490₹ 110-120N.A.
14.03.2021₹ 1490N.A.N.A.
13.03.2021₹ 1490N.A.N.A.
12.03.2021₹ 1490N.A.N.A.
11.03.2021₹ 1490N.A.N.A.
10.03.2021₹ 1490N.A.N.A.
09.03.2021₹ 1490N.A.N.A.
08.03.2021₹ 1490N.A.N.A.

Tentative Date/ Timetable of Craftsman Automation Ltd IPO

Bid/Offer Opens OnMar 15, 2021
Bid/Offer Closes OnMar 17, 2021
Finalization of Basis of AllotmentMar 22, 2021
Initiation of RefundsMar 23, 2021
Credit of Shares to Demat AcctMar 24, 2021
IPO Shares Listing DateMar 25, 2021

IPO Subscription Details of Craftsman Automation Ltd

SUBSCRIPTION
(CATEGORY WISE)
SHARES
OFFERED
DAY 1DAY 2DAY 3
QIB1,105,6320.00x
NII829,2250.09x
Retail1,934,8571.06x
Total3,869,7140.55x

IPO Allotment status of Craftsman Automation Ltd

Craftsman Automation Ltd Allotment Status can be checked here by clicking to find the IPO Allotment Status. Allotment of Equity Shares as per the Fresh Issue and move of the Offered Shares of the Promoter Selling Shareholders compliant with the Offer available to be purchased to the effective Bidders.

Company Contact Information

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 Ltd IPO Registrar

Link Intime India Private Ltd
C 101, 247 Park, L.B.S.Marg,
Vikhroli (West), Mumbai – 400083

Phone: +91-22-4918 6270
Email: craftsman.ipo@linkintime.co.in
Website: http://www.linkintime.co.in

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