Insights

Why should you go for Craftsman Automation IPO?

March 15, 2021 . Manas muraleedharan

Bulletin

Hot news of Investoland – The IPO of Craftsman Automation that starts on March 15, 2021!

Let us give you a few pointers as to why you should invest in Craftsman Automation

Started in 1986 as a small scale industry in the city of Coimbatore & has now grown into a giant in precision manufacturing.

The company is headquartered in Coimbatore and has facilities in 7 Indian cities – Coimbatore, Chennai, Pune, Indore, Jamshedpur, Faridabad and Bangalore.

Being in the precision manufacturing industry, high standards and quality are a part of their daily activities.

Particulars	For the year/period ended 31-Dec-20 (₹ in million)	For the year/period ended 31-Mar-20 (₹ in million)	For the year/period ended 31-Mar-19 (₹ in million)	For the year/period ended 31-Mar-18 (₹ in million)
Total Assets	22,462	23,031	23,253	19,994
Total Revenue	10,299	15,010	18,316	15,228
Profit After Tax	506	410	973	315

Don’t miss out on this significant opportunity to upgrade your portfolio! Here are the IPO details.

IPO Date	Mar 15, 2021 – Mar 17, 2021
Issue Type	Book Built Issue IPO
Issue Size	Equity Shares of ₹5 (aggregating up to ₹823.70 Cr)
Fresh Issue	10,06,711 Equity Shares of ₹5 (aggregating up to ₹150.00 Cr)
Offer for Sale	45,21,450 Equity Shares of ₹5 (aggregating up to ₹673.70 Cr)
Face Value	₹5 per equity share
IPO Price	₹1488 to ₹1490 per equity share
Market Lot	10 shares
Minimum Order Quantity	10 shares
Listing at	BSE, NSE