Craftsman Automation IPO - Grey Market, GMP & Reviews

IPO Details

Issue Date 15 Mar 2021 - 17 Mar 2021
Issue Size ₹150.0 Cr
Issue Price ₹1488-1490
Market Lot 10 Shares
Shares on Offer 4,521,450
Registrar Link Intime
GMP ₹80-85
Kostak N/A
Subject to Sauda N/A
Listing Date 25 Mar 2021
Listing Price ₹1490
Listing Gain% -8.79

About Craftsman Automation Limited

Craftsman Automation started the journey in the year 1986 as a small scale industry in the southern Indian city of Coimbatore, has grown to become a leader in precision manufacturing in diverse fields. The years of experience they have in the field of Engineering has strengthen their commitment, determined customer focus, culture of quality, and unique emphasis on social responsibility empowers Team Craftsman Automation.

They are a leading engineering organisation engaged in the manufacturing of precision components, where Quality is at the heart of every aspect of each component that they make at the benchmark of reliability.

They are engineers and inventors. They design, develop and manufacture engineering products using state-of-the-art engineering technology and efficient manpower to meet the requirements of their customers. Thier manufacturing facilities include state of the art equipment, engineered layout with process controls and necessary automations for quality and productivity.

Company Promoters

Srinivasan Ravi is the promoter of the company.

Company Financials

Particulars 31-Mar-20 31-Mar-19 31-Mar-18
Total Assets (In ₹ Millions) 23,031.36 23,253.98 19,994.34
Total Revenue (In ₹ Millions) 15,010.57 18,316.43 15,228.62
Profit After Tax (PAT) (In ₹ Millions) 410.73 973.67 315.34

Grey Market Premium Updates

Date GMP Kostak Subject to Sauda
17 Mar 2021 ₹80-85 N/A N/A

Strengths & Weaknesses

Strength
Weakness
There is a dip in company's revenue and profit in 2020 compared to 2019.
The profitability of the company is only about 3%.

Craftsman Automation Limited IPO Reviews

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Subscription Details

Date & Time QIB NII RII Total
Day 1 - 15 Mar 2021 0.00 0.09 1.06 0.55
Day 2 - 16 Mar 2021 0.56 0.19 2.19 1.26
Day 3 - 17 Mar 2021 5.21 2.84 3.44 3.82

Allotment Status

Please click the link below to check the IPO allotment status.

IPO Allotment Status

Craftsman Automation Limited IPO FAQs

  1. When will Craftsman Automation Limited IPO open?

    Craftsman Automation Limited IPO will open on 15 Mar 2021 and close on 17 Mar 2021.

  2. What is the listing date of Craftsman Automation Limited IPO?

    Craftsman Automation Limited IPO will list on 25 Mar 2021.

  3. What is the offer price of Craftsman Automation Limited IPO?

    The offer price of Craftsman Automation Limited IPO is ₹1488-1490.

  4. What is the lot size of Craftsman Automation Limited IPO?

    The lot size of Craftsman Automation Limited IPO is 10.

  5. What is the Grey Market Premium (GMP) price of Craftsman Automation Limited IPO?

    The Grey Market Premium (GMP) price of Craftsman Automation Limited IPO is ₹80-85.

  6. What is the Kostak price of Craftsman Automation Limited IPO?

    The Kostak price of Craftsman Automation Limited IPO is Not Available at the moment.

  7. What is the Subject to Sauda price for Craftsman Automation Limited IPO?

    The Subject to Sauda price for Craftsman Automation Limited IPO is Not Available at the moment.

Craftsman Automation Limited IPO Review/Comments

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