October, 18 2026 Sunday 23:05 Hrs
Last update 11-9-2025
  • SENSEX :   74,729.27

  • Commodity broking firm in India413.66( 0.56%) 16-Oct-2026
Positive
Sensex 74729.27 413.66  (0.56) 16-Oct-2026
Previous Day Close 74315.61
Today's High/Low
High Low
  •  
  •  
74778.78 74012.99

Company News Details

Craftsman Automation Ltd
Industry :  Auto Ancillaries
BSE Code
ISIN Demat
Book Value()
543276
INE00LO01017
1916.1176617
NSE Symbol
P/E(TTM)
Mar.Cap( Cr.)
CRAFTSMAN
103.16
28665
EPS(TTM)
Face Value()
Div & Yield %
106.24
5
0.09
 

Craftsman Automation Ltd
Craftsman Automation launches Rs 2,000 cr QIP; floor price set at Rs 8,966.13/share
Jun 16,2026
The committee fixed 15 June 2026 as the relevant date for the issue and approved a floor price of Rs 8,966.13 per equity share, determined in accordance with SEBI regulations.

The floor price represents a discount of 3.99% to the previous closing price of Rs 9,338.65 on the BSE. The company may offer a discount of up to 5% on the floor price, subject to applicable regulations.

The QIP has been launched pursuant to the board approval dated 16 May 2026 and the special resolution passed by shareholders at the Extraordinary General Meeting held on 13 June 2026.

The issue comprises equity shares of face value Rs 5 each. The final issue size and pricing will be determined in consultation with the bookrunning lead manager(s). The company will file the preliminary placement document with the stock exchanges on 15 June 2026.

Craftsman Automation started the journey in the year 1986 as a small-scale industry in the southern Indian city of Coimbatore and has grown to become a leader in precision manufacturing in diverse fields. The company manufactures several components and sub-assemblies on a supply and job-work basis according to client specifications in the automotive, industrial, and engineering segments. The company’s consolidated net profit jumped 74.38% to Rs 116.42 crore in Q4 FY26, as against Rs 66.76 crore in Q4 FY25. Revenue from operations rallied 27.27% year on year to Rs 2,226.4 crore in Q4 FY26.

Shares of Craftsman Automation shed 0.25% to Rs 9,315.55 on the BSE.

Top

Attention Investor:

Prevent unauthorised transactions in your account Update your mobile numbers/email IDs with your stock brokers/Depository Participant.     KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, ,Mutual ).    No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.