Craftsman Automation Ltd IPO

Closed

IPO Synopsis

Initial public offering of 5,528,161 equity shares of face value of Rs. 5 each (The Equity Shares) of Craftsman Automation Limited (The Company or The Issuer) for cash at a price of Rs. 1490 per equity share (Including a share premium of Rs. 1485 per equity share) (The Offer Price) aggregating to Rs. 823.70 crores (The Offer) comprising a fresh issue of 1,006,711 equity shares aggregating to Rs. 150.00 crores by the company (The Fresh Issue) and an offer for sale of 4,521,450 equity shares comprising 130,640 equity shares by Srinivasan Ravi (The Promoter Selling Shareholder), 1,559,260 equity shares by Marina III (Singapore) PTE Limited (Marina) and 1,414,050 equity shares by International Finance Corporation (IFC) (Marina, together with IFC, The Investor Selling Shareholders) and 1,417,500 equity shares by K. Gomatheswaran (The Individual Selling Shareholders) (The Promoter Selling Shareholder, The investor selling shareholders and the individual selling shareholder, Together, The Selling Shareholders and such Equity shares offered by the selling shareholders, The Offered shares) aggregating up to Rs. 673.70 crores (The Offer for Sale). The Issue Price 1490 per Equity Share of the face value of Rs. 5 each. The Issue Price is 298.00 times the face value of the Equity Shares.

How to Apply for an IPO?

  • Login to your 5paisa account and select the issue in the current IPO section

    Login to your 5paisa account and select the issue in the current IPO section

  • Enter the number of lots and price at which you wish to apply for

    Enter the number of lots and price at which you wish to apply for

  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange

    Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange

  • You will receive a mandate notification to block funds in your UPI app

    You will receive a mandate notification to block funds in your UPI app

  • You will receive a mandate notification to block funds in your UPI app

    You will receive a mandate notification to block funds in your UPI app

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Frequently Asked Questions

An Initial Public Offering OR IPO is the process of issuing stock for sale for the first time by a private corporation to the public. A company can issue its stock for sale for the first time to raise money by issuing either debt or equity. In case, the company chooses the equity route, the first such offering of equity shares to the public via listing of the shares in the stock markets is called an IPO.

 

This is one of the processes that has to do with the pricing of the IPO. An IPO can be made either through book building method, the fixed price method or a combination of both.

While in book building the price at which securities will be offered/allotted is not known in advance to the investor (investor is aware of an indicative price range only), in the fixed price process price at which the securities are offered/allotted is known in advance to the investor.

When it comes to an IPO, there are 4 types of investors who can bid, as per SEBI guidelines. They are –

  1. Qualified institutional investors (QIIs)
  2. Anchor investors
  3. Retail investors and
  4. High net-worth individuals (HNIs)/Non-institutional investors (NII).

 

IPO subscription period is the period of time during which investors can promise to purchase shares of a security to be issued as initial public offering (IPO).

Check: IPO Application Process

For details about the new IPO application process, click here.

To apply in an IPO with 5paisa:

  • Login to the 5paisa website or mobile trading app
  • Go to the Current IPOs section
  • Select the IPO you wish to apply for
  • Enter IPO details like price, quantity (lots) and your UPI ID
  • Check details and Confirm
  • Approve the UPI notification received on your phone (in BHIM App or your net banking app)

A Red Herring Prospectus, or offer document, is filed by a company to SEBI. This document is very useful to as it provides detailed information about the company’s business operations, financials, promoters and the company’s objective for raising funds.

Contact Details of Craftsman Automation Ltd IPO

Contact Information

Address

Senthel Towers IV Floor,
1078 Avanashi Road,
Coimbatore, Tamil Nadu 641018

Craftsman Automation Ltd IPO Lead Manager

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