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Total Issue Size
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Fresh Issue (FI)
Proceeds go to the company
Offer For Sale (OFS)
Proceeds go to the existing investors
Repayment or Prepayment of Borrowings
Repayment or prepayment, in full or part, of certain borrowings availed by the company.
General Corporate Purposes
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Craftsman Automation Limited is a leading Indian engineering and manufacturing company specializing in high-precision component manufacturing across automotive and industrial sectors. The company operates through three primary business verticals: Automotive-Powertrain, Automotive-Aluminum Products, and Industrial & Engineering products. Founded in 1986 by Srinivasan Ravi and headquartered in Coimbatore, Tamil Nadu, the company operates modern manufacturing facilities equipped with advanced CNC machining centers, automated aluminum die-casting infrastructure, and specialized heat treatment units across key industrial clusters in India. Craftsman Automation caters to prominent original equipment manufacturers (OEMs) in commercial vehicles, passenger vehicles, farm equipment, construction equipment, and industrial warehousing solutions, leveraging strong in-house design capabilities and integrated manufacturing infrastructure. With a strong emphasis on operational efficiency, precision engineering and technological advancement, Craftsman Automation continues to expand its manufacturing capabilities and product portfolio to meet evolving industry requirements. Its diversified business model, long-standing relationships with leading OEMs and focus on high-value engineering solutions position the company to benefit from growth in the automotive, industrial equipment and infrastructure sectors.
Craftsman Automation raised Rs 247.11 crore from 21 anchor investors on March 12, 2021, allocating 16,58,456 equity shares at Rs 1,490 per share. Key participants included HSBC Global Investment Funds, Tata Mutual Fund, Aditya Birla Sun Life Mutual Fund, Nomura, SBI Mutual Fund, and Axis Mutual Fund.
Source: RHP • Analysis provided for informational purposes
Last Updated: 28 July 2026, 7:15 AM
Leading Precision Engineering Capabilities
Strong technical expertise and state-of-the-art CNC machining infrastructure delivering high-precision automotive powertrain and industrial components.
Long-Standing OEM Relationships
Established long-term supply partnerships with leading domestic and global automotive and industrial original equipment manufacturers.
Diversified Business Verticals
Balanced portfolio across powertrain machining, aluminum die-casting, and industrial engineering reduces reliance on a single end-market.
Integrated Manufacturing Infrastructure
End-to-end capabilities spanning product design, foundry, machining, assembly, and quality testing under one roof.
Automotive Sector Cyclicality
Significant revenue dependence on the commercial and passenger vehicle industries exposes performance to auto sector slowdowns.
Capital-Intensive Operations
Requires continuous capital investments in advanced machinery and technology, maintaining high fixed asset overheads.
Fluctuations in Raw Material Costs
Volatility in iron castings, aluminum ingots, and steel prices can impact operating margins if price increases cannot be passed on.
Craftsman Automation Limited
Senthel Towers, 4th Floor, 1078, Avanashi Road, Coimbatore, Tamil Nadu - 641018, India
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