Sharekhan

March 12, 2021

This is to inform you that Craftsman Automation Limited is coming out with a public issue to raise Rs.824 crore from the market.

The issue opens on March 15 and closes on March 17, 2021.

Details of the Craftsman Automation Limited IPO

Company Details	:	Craftsman Automation Limited commenced operations in 1986 in Coimbatore, in the State of Tamil Nadu, India. They own and operate 12 strategically located manufacturing facilities across seven cities in India. Company is a diversified engineering company with vertically integrated manufacturing capabilities, engaged in three business segments, namely Powertrain and other products for the automotive segment (“Automotive - Powertrain and Others”), Aluminium products for the automotive segment (“Automotive – Aluminium Products”), and Industrial and engineering products segment (“Industrial and Engineering”). Company is the largest player involved in the machining of cylinder blocks and cylinder heads in the intermediate, medium and heavy commercial vehicles segment as well as in the construction equipment industry in India. Company is among the top three-four component players with respect to machining of cylinder block for the tractor segment in India. (Source: CRISIL Report). Company is also present across the entire value chain in the Automotive-Aluminium Products segment, providing diverse products and solutions. Within the Industrial and Engineering segment, they have utilized their in-house engineering and design Capabilities and developed a diverse product portfolio across two sub-segments, namely, the storage solutions sub-segment under which they have the complete solution for conventional/automated storage; and the high end precision products sub-segment under which they manufacture aluminium products for power transmission, high-end precision products and undertake sub-assembly, material handling equipment such as hoists, crane kits and industrial gears, manufacture gear and gear boxes, marine engines and accessories, special purpose machines (“SPM”), which includes metal cutting and non-metal applications such as washing and leak testing solutions and tool room, mould base and sheet metal. Company has long term relationships with several marquee domestic and global original equipment manufacturers (“OEMs”) and component manufacturers across their three business segments. Within its Automotive – Powertrain and Others segment, their key customers include Daimler India, Tata Motors, Tata Cummins, Mahindra & Mahindra, Simpson & Co. Limited, TAFE Motors and Tractors, Escorts, Ashok Leyland, Perkins, Mitsubishi Heavy Industries, John Deere and JCB India. Within its Automotive – Aluminium Products segment, their key customers include Daimler India, TVS Motors, Royal Enfield, Perkins and Mahindra & Mahindra. Key customers within their industrial and engineering segment include Siemens and Mitsubishi Heavy Industries.
Issue Period	:	Issue opens on: Monday, March 15, 2021 Issue closes on: Wednesday, March 17, 2021
Price Band	:	Rs.1,488 to Rs.1,490 per equity share
Bid Lot	:	10 shares and in multiples thereof
Issue Size	:	Rs.824 crore
Issue break-up	:	QIB - 50 % of the offer – Rs.412.00 crore NIB - 15 % of the offer - Rs.124.00 crore RET - 35 % of the offer - Rs.288.00 crore
Listing	:	NSE and BSE
Registrar	:	Link Intime India Private Limited
UPI	:	All Retail Applications through brokers are compulsorily in UPI Mode

Watch these 4 videos to know how to apply for the Craftsman Automation Limited IPO online easily.

Step 1: Create an UPI ID

Create UPI ID

Step 2: Apply for IPO online using mobile app or website

Step 3: Authorise UPI mandate to block payment

Authorised UPI ID

Remember these points while applying for IPOs

With Sharekhan, you can now fill and submit your IPO application online at your convenience anytime before an issue closes. This can be done through the Sharekhan app or website.
You will need a mobile phone with a SIM linked to your bank account offering the UPI facility and a debit card to create your UPI ID.

Currently, UPI works on the following mobile applications:

Name of App (Supported Platforms)	VPA Handle
BHIM Baroda Pay (only Android)	@BARODAMPAY
BHIM Oriental Pay (Only Android)	@obc
BHIM RBL Pay (Android & iOS)	@rbl
BHIM (android & iOS)	@upi
BHIM ALLBANK UPI (only Android)	@allbank
BHIM Axis Pay (only android)	@axisbank
BHIM IndusPay (only Android)	@indus
BHIM Lotza UPI (only Android)	@federal
BHIM SBIPay (only android)	@sbi
Citi Mobile (android & iOS)	@citi & @citigold
Google Pay (android & iOS)	@okhdfcbank \| @okaxis \| @oksbi \| @okicici
HSBC Simply Pay (android & iOS)	@hsbc
iMobile by ICICI Bank (android users)	@icici
Kotak Mobile Banking App (Android)	@kotak
Phone-Pe (android & iOS)	@ybl
SIB Mirror+ (only Android)	@sib
BHIM YES PAY (only Android)	@yesbank
DigiBank - DBS (Android & iOS	@dbs
Paytm (Andriod & iOS)	@paytm

To avoid rejection, download the latest version of the app.
Remember to select UPI as the payment option in the IPO application form by providing your UPI ID.
As soon as you submit your application through the mobile app or website, you will receive an SMS from National Payments Corporation of India (NPCI) informing you that your UPI mandate has been generated.
The app passcode and the UPI PIN can be different; remember to enter only the UPI PIN while authorising the UPI mandate. Note that you should not share your UPI PIN with anyone.
If you forget the UPI PIN, simply reset it instead of entering a wrong one.
If the transaction gets through, you will receive a “Transaction is successful” message on your mobile.
There are two possible scenarios post-allotment: On full allotment, funds will be debited from your account. If there is no allotment of shares, the blocked funds will be released after the end date or expiry date of the UPI mandate.

Published by Team Internal Communications
This newsletter is for internal circulation only. It may not be published, reproduced or quoted in part or in whole, nor may it be published on social media without prior consent. The content is strictly copyright and reproduction of the whole or part of it in any form is prohibited without written permission from the Internal Communications department of Sharekhan.

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