Craftsman Automation to raise up to Rs 2,000 Cr via QIP; floor price Rs 8,966.13
CRAFTSMAN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Craftsman Automation has launched a Qualified Institutional Placement (QIP) to raise up to Rs 2,000 Crores by issuing equity shares of Rs 5 face value. The floor price is fixed at Rs 8,966.13 per share, with a maximum permissible discount of 5% allowed. The Issue was approved by the Board on May 16, 2026, and by shareholders via special resolution on June 13, 2026. The Issue opened on June 15, 2026. Final issue price will be determined in consultation with the Lead Manager. Trading window is closed till 48 hours after issue price is set.
Up to Rs 2,000 Cr equity raise may dilute existing shareholders. Watch final issue price vs current market for actual impact.