Issue Price
₹1,490
Per Share
GMP
NIL
Grey Market
Est. Listing
₹1,490
Expected Price
Min. Application
₹29,800
2 lots × 10 shares
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 StrengthsLeading engineering product manufacturer.Strategically located and vertically integrated manufacturing facilities.Strong product design capabilities.Robust financial performance.
Craftsman Automation Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| TOTAL | 5,528,161 | 100.00% | ₹823.70 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 10 | ₹14,900 |
| Retail (Max) | 13 | 130 | ₹193,700 |
| sNII (Min) | 14 | 140 | ₹208,600 |
| bNII (Min) | 68 | 680 | ₹1,013,200 |
| Particulars | 31-Dec-20 | 31-Mar-20 | 31-Mar-19 |
|---|---|---|---|
| Revenue from Operations | 1029.91 | 1501.06 | 1831.64 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 50.66 | 41.07 | 97.37 |
| Net Worth | N/A | N/A | N/A |
| Total Assets | 2246.29 | 2303.14 | 2325.40 |
| Reserves & Surplus | N/A | N/A | N/A |
| Total Borrowings | N/A | N/A | N/A |