Craftsman Automation Limited
ListedMainboardIndustrials / Technology · NSE / BSE
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.
Price Band
₹1488 – ₹1490
Issue Size
₹824 Cr
Lot Size
10 shares
GMP
₹30
+2.0%
Est. Listing
₹1520
at current GMP
Subscribed
—
Open
15 Mar 2021
Close
17 Mar 2021
Allotment
22 Mar 2021
Refund
23 Mar 2021
Demat Credit
24 Mar 2021
Listing
25 Mar 2021
Last updated 12 days ago
Key Highlights
- •Leading player in the Industrials / Technology segment
- •Price band established at ₹1488 - ₹1490 per equity share
- •Minimum bid lot is 10 shares
- •Estimated listing target of ₹1520 based on current grey market activity