Craftsman Automation IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 823.70 Cr. The company is based in Coimbatore and caters to Automobile sector. Axis Capital , IIFL Securities are the merchant bankers of Craftsman Automation IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 9th December 2020.
Craftsman Automation IPO open date is 15th March 2021 and close date is 17th March 2021. IPO Allotment Date is 22nd March 2021 and Listing date is 25th March 2021.Craftsman Automation IPO size is ₹ 823.70 Cr. with IPO price of ₹ 1490.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Axis Capital Limited is the book-running lead manager of the Craftsman Automation IPO. Link Intime India Private Limited is the Registrar for Craftsman Automation IPO.
Craftsman Automation IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Craftsman Automation IPO, based in Coimbatore, operates in the Automobile sector with a focus on powertrain and other products for the automotive. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. Craftsman Automation IPO size is ₹ 823.70 Cr. with fresh issue size of ₹ 150 and Offer for sale being ₹ 673.70 Cr.
The IPO allotment date for Craftsman Automation IPO is expected to be 22nd March 2021, after the finalization of basis of allotment. Investors can check Craftsman Automation IPO allotment status on the registrars website, Link Intime India Private Limited . Craftsman Automation IPO refund dates are 23rd March 2021.
Craftsman Automation IPO is expected to be listed on 25th March 2021.
The upper price band for the Craftsman Automation IPO is set at ₹ 1490.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Craftsman Automation IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Craftsman Automation IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 17th March 2021. After submission, funds are blocked until the basis of allotment of Craftsman Automation IPO is finalised.
The merchant banker for Craftsman Automation IPO is Axis Capital Limited , IIFL Securities Limited . Axis Capital Limited , IIFL Securities Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Craftsman Automation IPO RHP for further details.
The registrar for Craftsman Automation IPO is Link Intime India Private Limited . Investors can go to Link Intime India Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Craftsman Automation IPO through their official website or helpline.
Craftsman Automation IPO was subscribed 3.82 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
Craftsman Automation IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Craftsman Automation Financial Review Page
Merchant Banker(s) of Craftsman Automation IPO: Axis Capital Limited , IIFL Securities Limited
Craftsman Automation IPO subscription was 3.82 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Craftsman Automation IPO listed at a listing price of 1433.00 against the offer price of 1490.00.
The current market price of Craftsman Automation is 6402.50.
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