Craftsman Automation Limited IPO (Craftsman Automation IPO) Detail

Mar 15, 2021 - Mar 17, 2021

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.

Competitive Strengths

  • Leading engineering product manufacturer.
  • Strategically located and vertically integrated manufacturing facilities.
  • Strong product design capabilities.
  • Robust financial performance.

Company Promoters:

Srinivasan Ravi is the promoter of the company.

Company Financials:

Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (₹ in millions)
31-Dec-20 31-Mar-20 31-Mar-19 31-Mar-18
Total Assets 22,462.93 23,031.36 23,253.98 19,994.34
Total Revenue 10,299.08 15,010.57 18,316.43 15,228.62
Profit After Tax 506.60 410.73 973.67 315.34

Objects of the Issue:

The company purposes to utilize funds towards the following objectives;

  • To make reapayment/pre-payment of company's borrowing fully or partially.
  • To meet general corporate purposes.

Craftsman Automation IPO Details

IPO Opening DateMar 15, 2021
IPO Closing DateMar 17, 2021
Issue TypeBook Built Issue IPO
Face Value₹5 per equity share
IPO Price₹1488 to ₹1490 per equity share
Market Lot10 Shares
Min Order Quantity10 Shares
Listing AtBSE, NSE
Issue Size[.] Eq Shares of ₹5
(aggregating up to ₹823.70 Cr)
Fresh Issue1,006,711 Eq Shares of ₹5
(aggregating up to ₹150.00 Cr)
Offer for Sale4,521,450 Eq Shares of ₹5
(aggregating up to ₹673.70 Cr)

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 25, 2021.

IPO Open DateMar 15, 2021
IPO Close DateMar 17, 2021
Basis of Allotment DateMar 22, 2021
Initiation of RefundsMar 23, 2021
Credit of Shares to Demat AccountMar 24, 2021
IPO Listing DateMar 25, 2021

Craftsman Automation IPO Lot Size

The Craftsman Automation IPO market lot size is 10 shares. A retail-individual investor can apply for up to 13 lots (130 shares or ₹193,700).

ApplicationLotsSharesAmount (Cut-off)
Minimum110₹14,900
Maximum13130₹193,700

Craftsman Automation IPO Promoter Holding

Pre Issue Share Holding63.40%
Post Issue Share Holding59.76%

Craftsman Automation IPO Subscription Status (Bidding Detail)

The Craftsman Automation IPO is subscribed 3.82x times on Mar 17, 2021 06:49. The public issue subscribed 3.44x in the retail category, 5.21x in the QIB category, and 2.84x in the NII category. Check Day by Day Subscription Details (Live Status)

CategoryIPO Subscription
QIB

5.21x

NII

2.84x

RII

3.44x

Total

3.82x

Craftsman Automation IPO Prospectus

Craftsman Automation IPO Rating

764
4.0
Rating:Rated 4.0 stars

Vote Here ...

Craftsman Automation IPO Listing Date

Listing DateThursday, March 25, 2021
BSE Script Code543276
NSE SymbolCRAFTSMAN
Listing InB Group of Securities
ISININE00LO01017
IPO Price₹1490 per equity share
Face Value₹5 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume
BSE
₹1,490.00
₹1,350.00
₹1,349.20
₹1,489.00
₹1,433.00
174,695
NSE
₹1,490.00
₹1,359.00
₹1,350.00
₹1,490.00
₹1,435.60
3,479,695

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 IPO Registrar

Link Intime India Private Ltd
   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

Craftsman Automation IPO FAQs

  1. What is Craftsman Automation IPO?

    Craftsman Automation IPO is a main-board IPO of [.] equity shares of the face value of ₹5 aggregating up to ₹823.70 Crores. The issue is priced at ₹1488 to ₹1490 per equity share. The minimum order quantity is 10 Shares.

    The IPO opens on Mar 15, 2021, and closes on Mar 17, 2021.

    Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

  2. How to apply in Craftsman Automation IPO through Zerodha?

    Zerodha customers can apply online in Craftsman Automation IPO using UPI as a payment gateway. Zerodha customers can apply in Craftsman Automation IPO by login into Zerodha Console (back office) and submitting an IPO application form.

    Steps to apply in Craftsman Automation IPO through Zerodha

    1. Visit the Zerodha website and login to Console.
    2. Go to Portfolio and click the IPOs link.
    3. Go to the 'Craftsman Automation IPO' row and click the 'Bid' button.
    4. Enter your UPI ID, Quantity, and Price.
    5. ‘Submit’ IPO application form.
    6. Visit the UPI App (net banking or BHIM) to approve the mandate.

    Visit Zerodha IPO Application Process Review for more detail.

  3. When Craftsman Automation IPO will open?

    The Craftsman Automation IPO opens on Mar 15, 2021 and closes on Mar 17, 2021.

  4. What is the lot size of Craftsman Automation IPO?

    Craftsman Automation IPO lot size is 10 Shares and the minimum order quantity is 10 Shares.

  5. How to apply for Craftsman Automation IPO?

    You can apply in Craftsman Automation IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

  6. When Craftsman Automation IPO allotment?

    The finalization of Basis of Allotment for Craftsman Automation IPO will be done on Mar 22, 2021, and the allotted shares will be credited to your demat account by Mar 24, 2021. Check the Craftsman Automation IPO allotment status.

  7. When is Craftsman Automation IPO listing date?

    The Craftsman Automation IPO listing date is on Thursday, March 25, 2021.

Craftsman Automation IPO Message Board

Ranked Members  Ranked Members

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209. IPOANALYSIS |Apr 8, 2021 09:24
IPO Guru IPO Guru (1900+ Posts, 1500+ Likes)
A few people recommend craftsman as multibagger are hiding now. They are same people who were not positive on Barbequenation. We all know now he is hiding and unable to show his face. He has habit to argument on my comment but this is biggest slap on his face.
208. Rockstar Trader |Mar 26, 2021 11:58
Craftman will definetly touch 1600/- mark my words IPO KA Analysis koi dam nahi hai... Sprite pijeye Only kaam No bakwas
207. Akula PapaRao |Mar 26, 2021 22:06
this scrip is fundamentally strong . it qualifies as an Investment grade stock.
it rewards patient investors
206. Manofsteel |Mar 26, 2021 17:41
Top Contributor Top Contributor (200+ Posts, 200+ Likes)
Closed above Issue price.
Good time to buy.
205. PRIMARY MARKET LEARNER |Mar 24, 2021 11:47
Anything Less Above Listing Price is A Trap. Don''t Sell Single Share In Discount as Well as in Small Profit.
e.g. 1550 Ke Niche Kuchh Bhi Mat Bechna wo Ek Trap Hoga aapke Shares Lene Ka.
If u are Getting 10% Then U can Exit or B With SL of 1550.
204. IPO Mitr |Mar 26, 2021 12:04
People who win in Stock market are the people who

- do not show off their gains
- do not shy away from admitting , accepting and learning from their failures.
- are not jealous of success of other people but keep analysing what others did better than they could.
- do not highlight failures of others but try learning from those.

Anyone who doesn''t do the above cannot balance their fear and greed which is the most basic for success in stock markets and which is also the most difficult thing to do.......

Hope all of us can co-exist harmoniously and continue to benefit from each other ( at least some way).
203. IPOANALYSIS |Mar 25, 2021 14:48
IPO Guru IPO Guru (1900+ Posts, 1500+ Likes)
Craftsman is dud stock. Many better opportunities in market. Jonlog itni praise Kar rahe hai ask them what return they are getting on allotment. Lol
Laxmi organic is looking good and is now at day high.
202. Rockstar Trader |Mar 26, 2021 09:41
IPo Analysis bhai craftman ka rate dekh lena quoting at 1520/- well above issue price of 1490/- now whats your comment as per your view it is not worth 1000.... Bina mange aur jane gyaan mat bateye apki negative comments ki koi zarurat nahi yaha pe.... Stupid logic will not work always
201. Akula PapaRao |Mar 25, 2021 22:05
DII may buy
200. arunARUN |Mar 25, 2021 17:42
Top Contributor Top Contributor (400+ Posts, 300+ Likes)
Weighted average 1435. strong pickup from opening of 1350. large volume on listing day.
People should not sell at loss and wait for annual result which will be in public domain by May 31, 2021
199. Dinesh Parekh |Mar 25, 2021 10:41
Buy craftsman for a target of 1800.in a near term
199.1. Johny |Mar 28, 2021 21:55
IPO Mentor IPO Mentor (600+ Posts, 800+ Likes)
Thank you Mam. Happy holi to you also.
198. IPOANALYSIS |Mar 24, 2021 11:33
IPO Guru IPO Guru (1900+ Posts, 1500+ Likes)
Craftsmen listing around 1000. Fair value not more than 800 rs. Exit in preopen if get chance .
197. IPOANALYSIS |Mar 25, 2021 10:00
IPO Guru IPO Guru (1900+ Posts, 1500+ Likes)
Sell this on any little rise. Switch to better company with growth potential like Railtel from recent listed one
196. FinancePreneur |Mar 25, 2021 14:41
Markets trending low, Craftsman held up good. Decent IPO, much better than other cooked up books IPO. Will gain more in the coming days.
195. lekker |Mar 25, 2021 14:36
IPO Guru IPO Guru (1000+ Posts, 1600+ Likes)
did not get any allotment in Laxmi Anupam both 0/9 but got in craftsman 1/1
will hold allotted lot for 5-6 months.
got 1/9 Nazara will see how it will list.

194. CSK |Mar 25, 2021 11:56
arunARUN thanks a lot. Good comments helped many people like me.
193. IPOmarket |Mar 25, 2021 10:30
Craft man nears its cutoff price
193.1. Johny |Mar 28, 2021 21:57
IPO Mentor IPO Mentor (600+ Posts, 800+ Likes)
Yes. This should be held for at least 2-3 years.
192. arunARUN |Mar 25, 2021 10:15
Top Contributor Top Contributor (400+ Posts, 300+ Likes)
For naysayers
Counter has picked strength post listing now trading at 1430
191. SHANI |Mar 25, 2021 10:22
Top Contributor Top Contributor (200+ Posts, 300+ Likes)
good show - jai sainath
warren buffett said - never bet against america -

now - never bet against link intime as far listing is concern

badluck - no allotment
190. CSK |Mar 25, 2021 10:22
WHAT A COMEBACK.. GO CRAFTSMAN GO...







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