Craftsman Automation IPO has announced its IPO dates and you can apply for IPO between 15 March and 17 March 2021. They manufacture engineering products for the companies like Tata Motors and other engineering companies. Craftsman Automation is planning to raise ₹823.70 Cr. through IPO in which the stake allotted for retail investors is 35%. Check out more details given below for an IPO.
Craftsman Automation IPO Dates & Price Band:
|Open Date||15th March 2021|
|Close Date||17th March 2021|
|Total Size of IPO||₹823.70 Cr.|
|Price Band||₹1488 to ₹1490 Per Share|
|Listing on||BSE & NSE|
|Retail Investor’s Portion||35%|
Craftsman Automation IPO Market Lot:
|Application||Lot||Shares||Cut Off Amount|
Craftsman Automation IPO Allotment & Listing Dates:
Allotment Date for Craftsman Automation – 22nd March 2021
Refund Date for Craftsman Automation – 23rd March 2021
Credit of Shares to Demat Account – 24th March 2021
Listing Date for Craftsman Automation – 25th March 2021
Objectives of Issue:
- To finance companies working requirements.
- To repay company borrowings.
- To meet general corporate issues.
Applying Craftsman Automation IPO through the form:
Besides applying IPOs through ASBA application or through Demat accounts you can also apply to IPOs with the help of forms provided by NSE or BSE. This is one of the traditional and safe ways to apply for an IPO subscription. Download the form through this link and fill the form carefully. You have to submit your filled form to the bank or broker.
Financials of Craftsman Automation IPO:
|Year||Revenue (₹ in Crore)||Expense (₹ in Crore)||Net Income (₹ in Crore)|
Our Teams Perspective:
Overall valuation and financials of the company are looking attractive. It would be a good play for the long term.
NOTE: Consult your financial advisor before applying for IPO.