Craftsman Automation IPO Allotment Status Check Online: Direct BSE link is here - Shortest way

Craftsman Automation IPO Allotment Status Check Online: The initial public offer (IPO) of auto component maker Craftsman Automation was subscribed 3.81 times on the last day of bidding. The Craftsman Automation IPO Allotment Status finalisation is expected to happen on 22nd March 2021.

Here is how you can check Craftsman Automation IPO Allotment Status Online on BSE WEBSITE bseindia.com:-

Step 1 - Go to link - https://www.bseindia.com/investors/appli_check.aspx

Step 2 - Select Equity

Step 3 - Select Issue Name (Craftsman Automation IPO)

Step 4-  Enter Application Number as well as PAN

Step 5 - Click on search button to know the Craftsman Automation IPO Allotment Status

Craftsman Automation IPO: Top details to know

- The Rs 824-crore offer attracted bids for 1,47,58,160 shares as compared to 38,69,714 shares on offer, according to an update on NSE.

- The category for qualified institutional buyers (QIBs) was subscribed 5.21 times, non institutional investors 2.84 times and retail individual investors (RIIs) 3.43 times.

- The initial public offer (IPO) comprised a fresh issue of Rs 150 crore and an offer for sale of 45,21,450 equity shares.

- It was in a price range of Rs 1,488-1,490 per share.

- Craftsman Automation had raised a little over Rs 247 crore from anchor investors.

- Net proceeds of the issue will be utilised for repayment or pre-payment of certain borrowings availed of by the company and for general corporate purposes.

- Axis Capital Limited and IIFL Securities Limited were the managers to the Craftsman Automation offer.