What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the current subscription status of Craftsman Automation Limited IPO?

Craftsman Automation Limited IPO has received a total subscription of 0.00 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

Craftsman Automation Limited

ListedMainboard

Industrials / 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

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

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

0.00x

Total Demand

QIB Multiplier

0.00x

Institutions & Funds

NII / HNI

0.00x

High Net-Worth

Retail (RII)

0.00x

Individual Bidders

Category-Wise Subscription Breakup

Live bidding breakdown by institutional, non-institutional, and retail investors

Total 0.00x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
Qualified Institutional (QIB)	2,765,101	—	0.00x
Non-Institutional (NII / HNI)	829,530	—	0.00x
Retail Individual (RII)	1,935,570	—	0.00x
Total	5,530,201	0	0.00x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 1.00x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	193,557	193,557	1.00x
HNIs (10L +)	1,238	1,238	1.00x
HNIs (2-10L)	5,925	5,925	1.00x
Total Applications	200,720	200,720	1.00x

Day-Wise Subscription Progress

Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.

About Craftsman Automation Limited Public Issue & Market Profile

Craftsman Automation Limited is bringing an initial public offering (IPO) in the Industrials / Technology sector with an aggregate issue size of ₹824 Crores. The shares are offered at a price band of ₹1488 to ₹1490 per equity share on NSE and BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.

Bidding & Quota Instructions:

Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 10 shares (approx. ₹14,900 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.

Allotment Reconciliation Schedule:

Allotment reconciliation will be managed by Link Intime India Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2021-03-24, while un-allotted funds or UPI block mandates will be released on 2021-03-23.

Frequently Asked Questions

What is Craftsman Automation Limited IPO GMP today?

The latest Grey Market Premium (GMP) for Craftsman Automation Limited IPO is ₹30 per equity share. Based on the upper price band of ₹1488 to ₹1490 per equity share, the estimated listing price is ₹1520 (+2.0% expected listing gain).

What is the expected profit per lot for Craftsman Automation Limited IPO?

With a lot size of 10 shares and current GMP of ₹30, the expected profit per application lot is approx ₹300 (+2.0% gain). Minimum application cost is approx ₹14,900.

What is the issue size and price band for Craftsman Automation Limited IPO?

The Craftsman Automation Limited IPO aggregate issue size is ₹824 Crores with an equity price band set at ₹1488 to ₹1490 per equity share. The retail lot size is 10 shares requiring a minimum capital outlay of approx. ₹14,900.

How can I check Craftsman Automation Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 0.00x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.

Where and when will Craftsman Automation Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Link Intime India Private Limited) and the BSE status verification website on or around 2021-03-22. Investors can verify status using PAN card or application number.

When is the listing date for Craftsman Automation Limited IPO?

Craftsman Automation Limited shares are scheduled to list on NSE and BSE on 2021-03-25.