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Craftsman Automation Limited

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.

₹1,488 - ₹1,490Open
Listed Price1359.00
Listing Gain-8.79%
TimelineBook Built Issue IPO
Open15 Mar 2021
Close17 Mar 2021
Allotment22 Mar 2021
Listing25 Mar 2021

Quota Reservation Portions

QIBPortion: 27,64,079 shares
50%
HNIPortion: 8,29,225 shares
15%
RetailPortion: 19,34,857 shares
35%

Minimum Application Bracket Matrix

Retail1 lots / 10 shares
₹14,900
sHNI14 lots / 140 shares
₹2,08,600
bHNI68 lots / 680 shares
₹10,13,200

About the Company

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.

Company Promoters

Srinivasan Ravi