Craftsman Automation IPO Price

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Craftsman Automation IPO

7.4

Offline Presence

7.0/10

Market Reputation

7.5/10

Customer Satisfaction

8.0/10

Service

7.5/10

Reliability

7.0/10

Pros

  • India’s Topmost Components manufacturer
  • Diverse Products and Solutions
  • Strong Engineering & Design Capability

Cons

  • Decline in Profits due to Covid-19
  • Debt Repayment Issue Objective
  • Operations impacted with interest rate fluctuation

If you are planning to invest in Craftsman Automation IPO, you must be looking for its price as well. Here is complete information about Craftsman Automation IPO Price.

As you all know, IPO Price is the official value decided by the investment bank during the process of IPO. It involves two main prices; Issue price, and Listing price.

Before digging deep into the Craftsman Automation IPO Price details, let’s first learn about the company.

 

Craftsman Automation Limited is one of the prominent engineering organizations established in 1986 and is involved in manufacturing precision components.

They develop and manufacture a range of engineering products including crane kits, marine engines, industrial gears, and locomotive equipment. 

Now with an objective to grow its business and pay off its debts, it is going to launch its IPO worth ₹ 823.70 Cr on 15 March 2021.

If you are willing to apply for Craftsman Automation IPO, then know the minimum and maximum investment with the price details below. 

Craftsman Automation IPO Issue Price

IPO issue price is the price at which a company offers its shares to the investors for the first time in the share market whereas, the listing price is the value at which shares get listed in the stock exchange. 

Let us start with the Craftsman Automation IPO Issue Price!!

Craftsman Automation IPO is going to launch its IPO of approx 5,528,187 Equity shares aggregating up to ₹823.70 Cr with the fresh issue size of 1,006,737 Equity shares of approximately ₹150 Cr

And, 45,21,450 Equity shares for an offer for sale of ₹673.70 Cr. 

If the investors will invest in this IPO, it could bring a lot of opportunities for them. 


Craftsman Automation IPO Price Band

After the Issue price of Craftsman Automation IPO, let us know at which price range this company makes its per share available for subscription to the investors. 

Craftsman Automation IPO Price Band is ₹1,488-₹1,490 per share

Here the minimum number of shares available in one lot is 10 and the maximum is 130.  

So one thinking of investment needs to make a minimum investment of ₹14,880 and a maximum investment of up to ₹1,93,440 approx. 

Below is a table showing Craftsman Automation IPO Price:

 


Craftsman Automation IPO Listing Price

A listing price is a price at which shares get listed in the stock exchange. 

However, the Craftsman Automation IPO IPO Listing price is not declared yet. It will be declared on 25 March 2021. We will update it here later. 

Stay connected with us!!


Craftsman Automation IPO GMP

Next in the line comes the Craftsman Automation IPO GMP, GMP is a premium amount at which IPO shares are bought and sold in the Grey Market. These shares are not listed on the stock exchange. 

Craftsman Automation IPO GMP is [●].


Craftsman Automation IPO Is It Worth Buying?

Craftsman Automation company is launching this IPO with two main objectives; to repay their borrowings fully or partially and expand their business. 

You can think of investing in this IPO. There are numerous reasons and they are;

  • Leading & diversified engineering products manufacturing company for the last 35 years of experience.
  • The company owns 12 manufacturing facilities across 7 cities of India. 
  • The largest player in the machining of cylinder books and cylinder heads for the tractor segment.
  • The assets of this company have increased from FY18 to FY20, which is approximately 7%.
  • Their revenue growth has declined by 65% from 31 March 2018 to 30 September as their automobile sales have hugely impacted due to Covid-19. There may be chances that they will grow in the future. 
  • Strong in-house engineering and design capabilities. 

Overall, Craftsman Automation IPO is good. You are likely to get good returns if you apply for this IPO. 


Planning investment in the CraftsmanAutomation IPO, apply now by opening a demat account for free.

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