Craftsman Automation Ltd. will raise funds upto Rs 2,000 crore through qualified institutional placement of equity shares having a face value of Rs 5, according to an exchange filing on Monday.
The QIP issue opens today, that is, June 15 and the floor price in respect of the issue has been set as Rs. 8,966.13 per equity share, an over 4% discount to the CMP.
"We further wish to inform you that FRC has fixed the ‘Relevant Date' for the purpose of the Issue, in terms of Regulation 171 of the SEBI ICDR Regulations, as 15th June, 2026 and accordingly the floor price in respect of the aforesaid Issue based on the pricing formula as prescribed under Regulation 176(1) of the SEBI ICDR Regulations is Rs. 8,966.13 per Equity Share," the filing stated.
A dilution of between 8.7% and 9% is seen via this QIP, according to sources.
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Craftsman Auto Q4FY26 Highlights
Craftsman Automation reported a net profit at Rs 116 crore in the fourth quarter in FY26, 74.3% up from Rs 66.8 crore in the same quarter previous year. Revenue rose 27.3% to Rs 2,226 crore in Q4FY26 from Rs 1,749 crore in the corresponding period last year.
EBITDA surged 47.2% in the quarter under review to Rs 359 crore compared to Rs 244 crore in the same period previous fiscal.
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Craftsman Auto Share Price
The stock ended over 5% higher at Rs 9,338.65 apiece on the BSE. This comapred to a 0.97% advance in the benchmark Sensex index on Monday.
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