Craftsman Automation Limited Incorporated in 1986. The Company is a leading engineering organization and engaged in manufacturing precision components and design, 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-Aluminum Products, Industrial and Engineering division which is engaged in manufacturing material handling equipment like 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 and Tractors etc.
Competitive Strengths
- Leading engineering product manufacturer.
- Strategically located and vertically integrated manufacturing facilities.
- Strong product design capabilities.
- Robust financial performance.
Craftsman Automation IPO Details
| Issue Type | Book Built Issue IPO |
| Face Value | ₹5 per equity share |
| IPO Price | ₹1488 to ₹1490 per equity share |
| Market Lot | 10 Shares |
| Min Order Quantity | 10 Shares |
| Listing At | BSE, NSE |
| BSE Symbol | 543276 |
| NSE Symbol | CRAFTSMAN |
| ISIN | INE00LO01017 |
| Issue Size | [.] Eq Shares of ₹5 (aggregating up to ₹823.70 Cr) |
| Fresh Issue | 1,006,711 Eq Shares of ₹5 (aggregating up to ₹150.00 Cr) |
| Offer for Sale | 4,521,450 Eq Shares of ₹5 (aggregating up to ₹673.70 Cr) |
IPO TIME TABEL
| PARTICULAR | DATE |
| IPO Open Date | 15-Mar-21 |
| IPO Close Date | 17-Mar-21 |
| Basis of Allotment Date | 22-Mar-21 |
| IPO Listing Date | 25-Mar-21 |
Craftsman Automation IPO Lot Size
| Application | Lots | Shares | Amount (Cut-off) |
| Minimum | 1 | 10 | ₹14,900 |
| Maximum | 13 | 130 | ₹193,700 |
Company Financials:
| PARTICULAR | 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 | 506.6 | 410.73 | 973.67 | 315.34 |
Company Promoters:
Srinivasan Ravi is the promoter of the company.
Objects of the Issue
- To make repayment/pre-payment of company’s borrowing fully or partially.
- To meet general corporate purposes.
| Company Contact Information | Craftsman Automation IPO Registrar |
| 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/ | 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 |
