Craftsman Automation Ltd IPO open on March 15

 

               Craftsman Automation Ltd IPO Details

The public issue of Craftsman Automation Ltd will open on March 15, 2021 and close on March 17, 2021. The price band for Craftsman Automation IPO has been fixed at ₹1,488-1,490/Share.

The Craftsman Automation IPO market lot size is 10 shares. A retail-individual investor can apply for up to 13 lots (130 shares or ₹193,700).

Craftsman Automation Ltd IPO Tentative Timetable

Craftsman Automation is a diversified engineering company with vertically integrated manufacturing capabilities, engaged in three business segments—powertrain and other products for the automotive segment, aluminium products for the automotive segment and industrial and engineering products segment. It is the largest player in the machining of cylinder blocks and cylinder heads in the intermediate, medium and heavy commercial vehicles segment as well as in the construction equipment industry in India.

Craftsman has a long-term relationship with several marquee domestic and global OEMs and component manufacturers across three business segments.