Craftsman Automation Ltd Share Price – NSE  / BSE

Auto Ancillaries, Small Cap

The committee fixed 15 June 2026 as the relevant date for the issue and approved a floor price of Rs 8,966.13 per equity share, determined in accordance with SEBI regulations.

The floor price represents a discount of 3.99% to the previous closing price of Rs 9,338.65 on the BSE. The company may offer a discount of up to 5% on the floor price, subject to applicable regulations.

The QIP has been launched pursuant to the board approval dated 16 May 2026 and the special resolution passed by shareholders at the Extraordinary General Meeting held on 13 June 2026.

The issue comprises equity shares of face value Rs 5 each. The final issue size and pricing will be determined in consultation with the bookrunning lead manager(s). The company will file the preliminary placement document with the stock exchanges on 15 June 2026.

Craftsman Automation started the journey in the year 1986 as a small-scale industry in the southern Indian city of Coimbatore and has grown to become a leader in precision manufacturing in diverse fields. The company manufactures several components and sub-assemblies on a supply and job-work basis according to client specifications in the automotive, industrial, and engineering segments. The company?s consolidated net profit jumped 74.38% to Rs 116.42 crore in Q4 FY26, as against Rs 66.76 crore in Q4 FY25. Revenue from operations rallied 27.27% year on year to Rs 2,226.4 crore in Q4 FY26.

Shares of Craftsman Automation shed 0.25% to Rs 9,315.55 on the BSE.

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Craftsman Automation has opened a qualified institutional placement offer on 15 June 2026 to raise an amount not exceeding Rs 2,000 crore. The floor price for the said issuance is Rs 8,966.13 per equity share.

Craftsman Automation announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 13 June 2026.

The board of Craftsman Automation at its meeting held on 16 May 2026 has approved raising of fund up to Rs 2,000 crore in one or more tranches, by way of issuance of equity shares and/or any other eligible securities including but not limited to further public offer, debt, preferential allotment, rights issue, American depository receipts, global depository receipts, private placement, qualified institutions placement, or any other permissible method or combination thereof.

The proceeds from the said proposed fund raise are intended to be utilized, inter-alia, towards repayment/ pre-payment, in full or in part, of certain outstanding borrowings availed by our Company.