Craftsman Automation IPO
The maiden public offer of ₹ 824 crores will hit the market on March 15, 2021. The price band is set at ₹ 1,488-1,490, while the shares will carry a face value of ₹ 5. Investors can bid for a minimum of 10 shares for a minimum investment amount of ₹ 14,900. The offer size contains fresh shares worth ₹ 150 crores and OFS equities up to 45.21 lakh from promoters.
Craftsman Automation IPO
Craftsman Automation Limited IPO
IPO Date : 15th March 2021 - 17th March 2021
₹20/- For Intraday, F&O, Currencies & Commodities
Craftsman Automation INFORMATION
Craftsman Automation is engaged in the manufacturing of precision components. The firm designs, develop and manufactures a wide range of engineering products. Since 1986, the company is one of the major players in the segment.
Craftsman Automation Ltd. prepares to utilise the funds for repayment and prepayment of debt and general corporate purposes.
Competitive strength
- Strong customer base and well-diverse product portfolio
- A proven track record in the industry
- Robust design and development capacities
- 12 state-of-the-art production units in seven Indian cities
- Steady financial performance
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