Craftsman Automation Limited IPO
Craftsman Automation Limited was a mainboard IPO in the Auto Components & Equipments sector, offered at ₹1,488–₹1,490 per share to raise ₹824 crore. The issue was subscribed 3.81× overall (QIBs 5.21×, NIIs 2.84×, retail 3.43×). It listed on 25 Mar 2021 at ₹1,359 and closed its first day at ₹1,436, a listing loss of -3.6% versus the ₹1,490 issue price. It now trades around ₹10,271 (+589.3% versus the issue price).
Frequently asked questions
- How many times was the Craftsman Automation Limited IPO subscribed?
- The Craftsman Automation Limited IPO was subscribed 3.81× overall — 5.21× in the QIB category, 2.84× among non-institutional investors, 3.43× in retail.
- What were the Craftsman Automation Limited IPO listing gains?
- Craftsman Automation Limited listed on 25 Mar 2021 at ₹1,359, closing its first day at ₹1,436 — a listing loss of -3.6% versus the ₹1,490 issue price.
- What were the retail allotment odds for the Craftsman Automation Limited IPO?
- Retail was subscribed 3.43×, so a single-lot application had roughly a 29.2% chance of allotment (about 1 in 3), and allotment was finalised on 19 Mar 2021.
- What was the price band and lot size of the Craftsman Automation Limited IPO?
- The price band was ₹1,488–₹1,490 per share, with a minimum lot of 10 shares (₹14,900 at the upper band).
- Who were the registrar and lead manager for the Craftsman Automation Limited IPO?
- Link Intime India Private Limited was the registrar, and Axis Capital was the book-running lead manager.