Craftsman Automation is engaged in the manufacturing of precision components. The company is going to raise 824 crores in its IPO. It operates in three business segments:
- Automotive Powertrain
- Automotive Aluminum Products
- Industrial & Engineering
Craftsman caters to companies like Daimler India, Tata Motors, Tata Cummins, Mahindra & Mahindra, Escorts, Ashok Leyland, Perkins, Mitsubishi Heavy Industries, John Deere, JCB India, TVS Motors, Royal Enfield, and Siemens amongst others. It 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 and is one of the top component players with respect to the machining of cylinder block for the tractor segment in India.
Check out the recent financials of the company below:
|Financial Year Ended
||Revenue (₹ crores)
||PAT (₹ crores)
|Nine months ended December 31, 2020
You can visit this link on TradingQ&A
to discuss about the IPO with fellow investors.
How do I apply for the Craftsman Automation IPO on Zerodha?
You can apply for the Craftsman Automation
IPO using any supported UPI app
by following two steps:
- Enter your bid on Console
- Accept UPI mandate on your phone
On acceptance of the mandate, the bid amount will get blocked in your bank account. Click here
to learn more.