Craftsman Automation Limited
Book Built Issue IPO · NSE, BSE
- Price band
- ₹1488-₹1490
- Lot size
- 10 shares
- Issue amount
- ₹824 cr
- Total subscription
- 0×
- Opens
- 15 Mar 2021
- Closes
- 17 Mar 2021
- Allotment
- 22 Mar 2021
- Listing
- 25 Mar 2021
Offer at a glance
Issue overview
- Issue size
- 55,28,161 shares
- Face value
- ₹5 per share
- Minimum investment
- ₹14,880
- Fresh issue
- ₹150 cr
- Offer for sale
- ₹674 cr
- Registrar
- Link Intime India Private Limited
- Listing exchange
- NSE, BSE
- Maximum investment
- ₹14,900
- Issue type
- Book Built Issue IPO
- Shares before issue
- 2,01,21,600
- Shares after issue
- 2,11,28,311
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 10 | ₹14,900 |
| sHNI | 14 | 140 | ₹2,08,600 |
| bHNI | 68 | 680 | ₹10,13,200 |
Share reservation
Subscription & GMP
Subscription by category
Subscription figures are awaiting publication.
GMP history
Financial performance
Company financials
In Lakhs · Reported periods may include interim results.
Company information
Company profile
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.
Strengths
- Strong Precision Manufacturing Capability: Specializes in engineering and precision components with advanced manufacturing expertise.
- Diversified Industry Presence: Serves automotive, industrial, and engineering sectors, reducing reliance on a single segment.
- Established Customer Relationships: Long-term partnerships with major clients support stable demand and repeat business.
Risk factors
- Dependence on Industrial Demand Cycles: Business performance is influenced by automotive and manufacturing sector trends.
- Raw Material Cost Sensitivity: Fluctuations in metal and input prices can impact profitability.
- Capital Intensive Operations: Requires continuous investment in machinery, technology, and production capacity expansion.
Promoters
Srinivasan Ravi
Registrar & documents
Lead manager
Axis Capital Limited, IIFL Capital Services Limited
Registrar & contacts
Link Intime India Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Senthel Towers, 4 th Floor, 1078, Avanashi Road, Coimbatore 641 018
(91 422) 302 1000
[email protected]Company website ↗Understanding CRAFTSMAN IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.