Craftsman Automation closes QIP issue of 22,98,850 equity shares at ₹8,700 each
Craftsman Automation · Auto Components
Key highlights
- Fund Raising Committee approved closure of Qualified Institutions Placement on 18 June 2026
- Issue price set at ₹8,700 per equity share including a premium of ₹8,695, with 2.97% discount on floor price
- Placement Document dated 18 June 2026 adopted and refund/confirmation letters to be issued to QIBs
Why it's rated notable: The filing states closure of the QIP on 18th June, 2026 with 22,98,850 shares priced at Rs.8700 each, and no total amount is stated, so the level stays at medium.
Original filing
We Wish To Inform You That The Fund Raising Committee Held Today, 18Th June, 2026, Has Approved The Items As Per The Attachment.
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 Limited closes Qualified Institutions Placement (QIP) on June 18, 2026
- 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.