Craftsman Automation Limited IPO GMP

Craftsman Automation Limited IPO

Incorporated in 1986, Craftsman Automation Ltd is a leading engineering organization that is engaged in manufacturing precision components. The company designs, develop, and manufactures a range of engineering products. It is one of the leading players in the machining of cylinder blocks for the tractor segment.

The business operates 3 key segments namely Automotive-Powertrain and others, Automotive-Aluminium Products, and Industrial and Engineering division that is engaged in manufacturing material handling equipment i.e. hoists, industrial gears, marine engines, crane kits, gearboxes, locomotive equipment, storage solutions, etc.

The company owns 12 state-of-the-art manufacturing facilities across 7 cities of India. Its customer base includes Tata Motors, Daimler India, Tata Cummins, Mahindra & Mahindra, Royal Enfield, Siemens, Escorts, Ashok Leyland, VE Commercial Vehicles, TAFE Motors & Tractors, etc.

Competitive Strengths

  • Leading engineering product manufacturer.
  • Strategically located and vertically integrated manufacturing facilities.
  • Strong product design capabilities.
  • Robust financial performance.


Below are Details of Grey Market Premium (GMP) and Kostak Rate of Craftsman Automation Limited IPO.Please note GMP is only work when subscription figure is high.Always looks for subscription figure before looking to Grey Market Premium (GMP).Grey Market Premium (GMP) may go up or down depend on Subscription figure.Subscription figure is available on Home page for main line IPO and SME page for SME IPO.

IdGrey Market PremiumKostak RateRate Date
149730-35 RsNILL24 Mar 2021
1480160-170 RsNILL16 Mar 2021
1479160-170 RsNILL15 Mar 2021
1475NILLNILL10 Mar 2021

Your Comment:
 8 + 2 

Rajat Mar 22 2021 9:43:52 PM
Allotment out

admin Mar 18 2021 8:17:07 AM
Total No.of Application Approx : ~ 541931 Retail Subscription on the basis of Apps : 2.80 x

admin Mar 16 2021 7:06:46 PM
Total No.of Application Approx : ~ 328388 Retail Subscription on the basis of Apps : 1.70 x

admin Mar 16 2021 4:38:58 AM
Latest GMP updated in IPO GMP Section.

admin Mar 16 2021 4:28:15 AM
Go For Anuapm , Laxmi and Nazara.. After that if you have fund can apply Craftsman , Kalyan and Suryoday Bank.

Mitesh Mar 12 2021 12:18:01 PM
Behti ganga mein hath wala ipo