Sunday, April 11, 2021
  • About
  • Advertise
  • Careers
Scoftware Magazine
  • Home
  • Politics
  • Business
  • Culture
  • Opinion
  • Lifestyle
  • Entertainment
  • Login
No Result
View All Result
Scoftware Magazine
Home Business

Craftsman Automation IPO to launch today; check lot size, quota and important dates

Jaleel M. by Jaleel M.
March 15, 2021
in Business
0
Craftsman Automation IPO to launch today; check lot size, quota and important dates
0
SHARES
5
VIEWS
Share on FacebookShare on Twitter



The company has also decided to allocate 16,58,447 shares to 21 investors. The price per share is Rs 1,490, which amounts to Rs 247.10 crore

Related posts

Market Roundup: Nifty, Sensex snap three-day winning streak as banks, finance stocks slide; today’s top gainers and losers

Market Roundup: Nifty, Sensex snap three-day winning streak as banks, finance stocks slide; today’s top gainers and losers

April 9, 2021
Market Roundup: Sensex ends 84 pts higher after choppy day; check the top gainers and losers here

Market Roundup: Sensex ends 84 pts higher after choppy day; check the top gainers and losers here

April 8, 2021

Craftsman Automation’s initial public offering (IPO) will be launching on 15 March. The size of the IPO is Rs 824 crore with an offer of sale worth Rs 674 crore (45.21 lakh shares) and equity shares of Rs 150 crore. The IPO, which will be closing on 17 March, has a price band per equity share at Rs 1,488 to Rs 1,490.

Before the launch, private investors such as Marina III (Singapore) Pte Ltd and International Finance Corporation (IFC) along with Srinivasan Ravi and K Gomatheswaran are offloading their shares for offer-for-sale.

The company has also decided to allocate 16,58,447 shares to 21 investors. The price per share is Rs 1,490, which amounts to Rs 247.10 crore.

Ahead of its launch, here’s a look at the details of the engineering company’s IPO:

Lot size: The IPO will be available in lot sizes of 10 and the price of per lot is Rs 14,900. One investor is allowed to apply for as many as 13 lots, which makes a total of 130 shares. This means that an investor can apply for 130 shares worth Rs 1,93,700.

Quota: As much as 50 percent of the issue is reserved for qualified institutional buyers (QIBs). Retail investors can purchase 35 percent of the issue, while for non-institutional bidders, 15 percent of the issue has been reserved.

Important dates: The launch date of the IPO is 15 March, and it closes on 17 March. The basis of allotment will be decided by 22 March and the refunds are expected by 23 March. The IPO listing is likely to happen by 25 March.

Subscribe to Moneycontrol Pro at ₹499 for the first year. Use code PRO499. Limited period offer. *T&C apply



Source link

Previous Post

Laxmi Organic IPO to be launched today; allotment to be finalised on 23 March

Next Post

2021 may be the best year for Apple’s Macs: Report

Next Post
2021 may be the best year for Apple’s Macs: Report

2021 may be the best year for Apple’s Macs: Report

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED NEWS

Offers on laptops, desktops, monitors

Offers on laptops, desktops, monitors

3 weeks ago
Watch: Horror Tackle On Kylian Mbappe Sparks Mass Brawl During French Cup Final

Watch: Horror Tackle On Kylian Mbappe Sparks Mass Brawl During French Cup Final

9 months ago
Twitter says attackers downloaded data from up to 8 non-verified accounts

Twitter says attackers downloaded data from up to 8 non-verified accounts

9 months ago
Faf Du Plessis Recalls Shardul Thakur’s Batting Heroics In IPL 2018 Qualifier

Faf Du Plessis Recalls Shardul Thakur’s Batting Heroics In IPL 2018 Qualifier

11 months ago

FOLLOW US

  • 85 Followers
  • 29.5k Followers
  • 113k Subscribers

BROWSE BY CATEGORIES

  • Business
  • Culture
  • Entertainment
  • Lifestyle
  • Music
  • National
  • News
  • Opinion
  • Politics
  • Sports
  • Tech
  • Travel
  • World News

BROWSE BY TOPICS

2018 League Balinese Culture Bali United Budget Travel Champions League Chopper Bike Doctor Terawan Istana Negara Market Stories National Exam Visit Bali

POPULAR NEWS

  • Kris Jenner Spills Details About Her Sex Life With Corey Gamble: Watch

    Kris Jenner Spills Details About Her Sex Life With Corey Gamble: Watch

    0 shares
    Share 0 Tweet 0
  • Common Saints Release New Single “Idol Eyes”

    0 shares
    Share 0 Tweet 0
  • Sam Heughan & Graham McTavish Are Men in Kilts for Travel Show

    0 shares
    Share 0 Tweet 0
  • KRISTIN LASH & JAKOB GREY Team Up On “Sleeping With The Lights On”

    0 shares
    Share 0 Tweet 0
  • SEVENTEEN REVEALS PROMOTION SCHEDULE FOR ; SEMICOLON

    0 shares
    Share 0 Tweet 0
  • About
  • Advertise
  • Careers

© 2020 Scoftware.com

No Result
View All Result
  • Home
  • Politics
  • Business
  • Culture
  • National
  • Sports
  • Lifestyle
  • Travel
  • Opinion

© 2020 Scoftware.com

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Terms and Conditions - Privacy Policy