IPO Synopsis

Craftsman Automation Ltd
Registered Office: Senthel Towers IV Floor,1078 Avanashi Road,Coimbatore-641018, Tamil Nadu
Tel. No: 91-422-7165000
Fax No: 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 Money Payable On
Opens On Closes On Application Allotment
15-Mar-2021 17-Mar-2021 ₹1,490.00 - 0.00 ₹0.00 - 0.00
Minimum Application for shares in Nos : 10 Further Multiples of :10
(₹ Cr) Lead Managers to the Issue
Project Cost 140.84 Axis Capital Ltd
Project Financed through Current Offer 823.70 IIFL Securities Ltd
Post Issue Equity Share Capital 10.56
Issue Price 1,490.00
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