Craftsman Automation QIP opens for up to Rs 2,000 Cr; floor price Rs 8,966.13

CRAFTSMAN · price

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Price reaction · full curve 14 horizons · vs prior close

+2.3%1-day move

₹9289.50

prior close

₹9433.50

base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

-0.4-1.3-1.2-1.4+2.3+2.8+5.2+1.9+1.3-0.4-1.6-1.8——

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AI summary

Craftsman Automation has opened its Qualified Institutions Placement (QIP) to raise up to Rs 2,000 Crores by issuing equity shares of face value Rs 5. The floor price has been fixed at Rs 8,966.13 per share, with the company retaining the option to offer a discount of up to 5%. The issue was approved by the Board on May 16, 2026 and by shareholders via special resolution on June 13, 2026. The trading window for designated persons is closed until 48 hours after the issue price is determined.

Likely market impact

Large equity raise of up to Rs 2,000 Cr may dilute existing shareholders. Short-term price pressure likely until final issue price is set.