Craftsman Automation Limited closes Qualified Institutions Placement (QIP) on June 18, 2026
Craftsman Automation · Auto Components
Key highlights
- Issue of 22,98,850 equity shares at Rs. 8,700 each, including Rs. 8,695 premium, approved and closed on June 18, 2026
- QIP conducted under SEBI ICDR Regulations and Companies Act with issue opened on June 15, 2026
- Authorizations given to senior executives for regulatory filings, disclosures, and issuance of refund letters to ineligible bidders
Why it's rated notable: The QIP price is set and the issue is closed, with about ₹2,000 crore implied by 22,98,850 shares at Rs.8700 (total not stated in filing), which is above the ₹500 crore medium floor and about 7% of the ₹27,371 crore market value, so the level is medium.
Original filing
Announcement under Regulation 30 (LODR)-Qualified Institutional Placement
Read the filing on BSE (PDF) →Companies guiding to strong growth
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More from Craftsman Automation
- Capex / expansionNotableCraftsman Automation Limited commences commercial operation of Ludhiana plant
- Fundraise / allotmentNotableCraftsman Automation closes QIP issue of 22,98,850 equity shares at ₹8,700 each
- Fundraise / allotmentNotableCraftsman Automation completes Qualified Institutions Placement of 22,98,850 shares
- Fundraise / allotmentNotableCraftsman Automation Limited allots 22,98,850 equity shares via QIP at Rs. 8700 each
- Fundraise / allotmentNotableCraftsman Automation approves QIP to raise up to ₹2,000 crore equity shares
Other fundraise / allotment filings this fortnight
- Supreme Engineering allots 14,50,00,000 warrants at ₹2.60 on preferential basis
- Bajaj Finance Limited allots 5.74 crore warrants to Bajaj Finserv on 10 Nov 2026
- Bajaj Finance approves preferential issue of 5.74 crore warrants to Bajaj Finserv
- Chaman Metallics Limited announces H1 FY27 financial results and proposed Rights Issue
- Harmony Capital Services receives BSE approval for preferential issue of shares
- Kuber Udyog: open offer corrigendum, allotments of shares and warrants at ₹23.10
Potential multibaggers · Q2 FY27
Potential multibaggers in Auto Components
on management's own guidance
- Strong growth2
- Strong growth1
- Strong growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.