Craftsman Automation IPO Subscription Status

Craftsman Automation IPO subscription to start from 15 March 2021 to 17 March 2021. The Initial Public offer comprising a Fresh issue of Rs 1500 Million and an Offer for Sale of 45,21,450 Equity Shares. Price range for the offer has been fixed at Rs 1,488-1,490 per share.

Craftsman Automation IPO Subscription Status

Craftsman Automation IPO Subscription Status on Day 1

Craftman Automation IPO subscribed 0.55x times on day 1.

Craftsman Automation IPO Subscription Status on Day 2

Craftman Automation IPO subscribed 1.26x times on day 2. The portion reserved for qualified institutional buyers (QIBs) was subscribed 56 per cent, non institutional investors 19 per cent, and retail individual investors (RIIs) 2.11 times, according to NSE Data.

Craftsman Automation IPO Subscription Status on Day 3

Craftman Automation IPO subscribed 2.53x times on day 3. The portion reserved for qualified institutional buyers (QIBs) was subscribed 4.91 times, non institutional investors 1.37 times, and retail individual investors (RIIs) 1.68 times, according to NSE Data.

About Craftsman Automation

Craftsman Automation Limited is a diversified engineering company with vertically integrated manufacturing capabilities, engaged in three business segments, namely powertrain and other products for the automotive segment (“Automotive -Powertrain and Others”), aluminium products for the automotive segment (“Automotive – Aluminium Products”), and industrial and engineering products segment (“Industrial and Engineering”)

Craftsman Automation IPO Subscription Status – FAQs