Craftsman Automation Limited IPO

Mainboard

Industrial Equipments

Listed On: Mar 25, 2021 at ₹ 1359.0 (NSE)

₹ 14900 /10 Shares

Check Allotment

Price Summary

Last Closing

5,200.00 (248.99%)

52 Week High

7,121.25

52 Week Low

3,782.05

Last Update

25-Nov-2024 3:30 PM

IPO Details

15 Mar, 2021

Open Date

17 Mar, 2021

Close Date

22 Mar, 2021

Allotment Date

25 Mar, 2021

Listing Date

Issue Price

₹1488-1490 per equity share

Face Value

5 Per Equity Share

Listing at Group

BSE, NSE

Registrar

Link Intime India Private Ltd

List Price

1359.0 (NSE)

Listing Date

2021-03-25

Market Lot

10 Shares (₹14,900/-)

Lead Manager

Axis Capital Limited, IIFL Holdings Limited

Issue Size

Total Equity Shares 55,28,188 of Rs 5/- at price of Rs 1,488/- to Rs 1,490/- with aggregating up to Rs 823.70/- Cr

# Fresh Issue of 10,06,711 Equity Shares of Rs 5/- at price of Rs 1,488/- to Rs 1,490/- with aggregating up to Rs 150.00/- Cr

# Offer for Sale of 45,21,450 Equity Shares of Rs 5/- at price of Rs 1,488/- to Rs 1,490/- with aggregating up to Rs 673.70/- Cr

Retail Portion

35%

Subscription

3.81 times

IPO Docs

DRHP

IPO Subscription Details

As on	QIB	NII	Retail	Total
Shares Offered / Reserved	11,05,632	8,29,225	19,34,857	38,69,714
Day 1 - 15-03-21 05:00 PM	0.00 x	0.07	0.49 x	0.26 x
Day 2 - 16-03-21 05:00 PM	0.56 x	0.19	2.11 x	1.25 x
Day 3 - 17-03-21 05:00 PM	5.21 x	2.84	3.41 x	3.81 x

Valuations

Earnings Per Share (EPS)

₹19.74/-

P/E Ratio

75.49

RoNW

6.19%

Net Asset Value (NAV) - As on 31.12.20

₹355.93

Company Financials All values are in ₹ Cr.

	31-Sep-20	31-Mar-20	31-Mar-19	31-Mar-18
Assets	2,168.18	2,303.13	2,325.39	1,999.43
Revenue	536.52	1,501.05	1,831.64	1,522.86
Profit After Tax	6.96	41.07	97.36	31.53

About The Company

Craftsman Automation Ltd is a leading engineering organisation that is engaged in manufacturing precision components. The company designs, develops, and manufactures a range of engineerng products. It is one of the leading players in machining of cylinder blocks for 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 equipments i.e. hoists, industrial gears, marine engines, crane kits, gear boxes, locomotive equipments, storage solutions, etc.
The companyes owns 12 state-of-the art manufacturing facilities across 7 cities of India. Its customer base includes Tata Motors, Dailmer India, Tata Cummins, Mahindra & Mahindra, Royal Enfield, Siemens, Escorts, Ashok Leyland, VE Commercial Vehicles, TAFE Motors & Tractors, etc.

	P/B Ratio	P/E Ratio	RoNW	Net Worth
Craftsman Automation Limited	4.19	75.49	6.19%	1,501.05
Bharat Forge Limited	5.21	864.45	0.60%	8,243.70
Endurance Technologies Limited	8.05	59.93	13.43%	6,965.30
Jamna Auto Industries Limited	5.37	71.10	7.55%	1,145.09
Mahindra CIE Automotive Limited	1.73	92.18	1.88%	6,105.00
Minda Industries Limited	9.67	194.52	4.97%	5,504.39
Sundaram Fasteners Limited	7.11	60.84	11.68%	3,751.32
Ramkrishna Forgings Limited	2.18	(130.52)	(1.67)%	1,223.26

IPO - Ratings

ICICI Direct	Subscribe
CAPITAL Market	Subscribe
SMC Global	Neutral
Prabhudas Lilladher Pvt	Subscribe for Long term
Axis Capital	None
Ventura Securities	Subscribe

- Promoter(s)

Pre Issue Share Holding: 63.40%

Post Issue Share Holding: 59.76%

Company Promoter(s)

Srinivasan Ravi

IPO - Issue Objectives

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

IPO - FAQs

Ans. Craftsman Automation Limited IPO is a Mainboard IPO. The issue is priced at ₹1488-1490 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.

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

Ans. The size of Craftsman Automation Limited IPO is Total Equity Shares 55,28,188 of Rs 5/- at price of Rs 1,488/- to Rs 1,490/- with aggregating up to Rs 823.70/- Cr # Fresh Issue of 10,06,711 Equity Shares of Rs 5/- at price of Rs 1,488/- to Rs 1,490/- with aggregating up to Rs 150.00/- Cr # Offer for Sale of 45,21,450 Equity Shares of Rs 5/- at price of Rs 1,488/- to Rs 1,490/- with aggregating up to Rs 673.70/- Cr.

Ans. The IPO price band is set between ₹1488-1490 per equity share.

Ans. To apply for Craftsman Automation Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Craftsman Automation Limited IPO in the List of IPOs
- Press "Apply" Button
- Select Your Demat Account
- Select Your Shares Quantity and Submit
- Track Your IPO Status

Ans. The share allotment date of Craftsman Automation Limited IPO is Mar 22, 2021.

Ans. The Craftsman Automation Limited IPO will be listed on Mar 25, 2021.

Ans. Follow the steps to check the allotment status for Craftsman Automation Limited IPO here.