Craftsman Automation Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 2,764,079 (50%) | — | ₹41,185 Cr |
| NII (HNI) | — | 829,225 (15%) | — | ₹12,355 Cr |
| Retail | — | 1,934,857 (35%) | — | ₹28,829 Cr |
| Σ Total | — | 5,528,161 (100%) | — | ₹823,696 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 10 | ₹14,900 |
| Retail (Max) | 13 | 130 | ₹193,700 |
| S-HNI (Min) | 14 | 140 | ₹208,600 |
| B-HNI (Min) | 67 | 670 | ₹998,300 |
Financial Statements Amount in Crore
| Metric | 31-Dec-20 | 31-Mar-20 | 31-Mar-19 |
|---|---|---|---|
| Revenue | 1,030 | 1,501 | 1,832 |
| Profit After Tax | 51 | 41 | 97 |
| Total Assets | 2,246 | 2,303 | 2,325 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 1 Repayment/pre-payment, in full or part, of certain borrowings availed of by our Company – 120.00
- 2 General corporate purposes – 20.84
Company Overview
Incorporated in 1986, Craftsman Automation Ltd is a leading engineering organization that is engaged in manufacturing precision components. The company designs, develop, and manufactures a range of engineering products. It is one of the leading players in the machining of cylinder blocks for the 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 equipment i.e. hoists, industrial gears, marine engines, crane kits, gearboxes, locomotive equipment, storage solutions, etc.
The company owns 12 state-of-the-art manufacturing facilities across 7 cities of India. Its customer base includes Tata Motors, Daimler India, Tata Cummins, Mahindra & Mahindra, Royal Enfield, Siemens, Escorts, Ashok Leyland, VE Commercial Vehicles, TAFE Motors & Tractors, etc.
Competitive Strengths
- Leading engineering product manufacturer.
- Strategically located and vertically integrated manufacturing facilities.
- Strong product design capabilities.
- Robust financial performance.