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Craftsman Automation Ltd

Craftsman Automation Ltd

    Registered Office : Senthel Towers IV Floor,1078 Avanashi Road,Coimbatore Tamil Nadu 641018 Phone : 91-422-7165000
    Fax : 91-422-7165056

    Email : investor@craftsmanautomation.com

    Website : www.craftsmanautomation.com

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.

Issue

Opens On

Closes On

15-Mar-2021

17-Mar-2021

Money Payable On

Application

Allotment

1,490.00

0.00

Minimum Application for shares in Nos : 10.0 Further Multiples of : 10.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

140.84

823.70

10.56

1,490.00

Axis Capital Ltd

IIFL Securities Ltd

Projects
  • Repayment/pre-payment, in full or part, of certain borrowings availed by the company
  • General Corporate Purposes
Promoted By
  • Srinivasan Ravi
Listing At
  • BSE
  • NSE
Registrar to the Issue
  • MUFG Intime India Pvt Ltd