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 sharesget 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 Price
₹820 Cr approximately
Fresh Issue Price
Offer for Sale
₹670 Cr approximately
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.