The company informed exchanges that its Fund Raising Committee approved the allotment of 22.98 lakh equity shares to eligible Qualified Institutional Buyers (QIBs) at an issue price of ₹8,700 per share. The issue price reflects a discount of ₹266.13 per share, or 2.97%, to the floor price.
Through the allotment, Craftsman Automation raised approximately ₹2,000 crore.
| Fund | % of shares issued |
| HDFC (Various Schemes) | 21.5 |
| SBI (Various Schemes) | 11 |
| Aditya Birla Sun Life (Various Schemes) | 4.95 |
| Apex Hybrid Long Short Fund | 0.05 |
| Invesco India (Various Schemes) | 5 |
| TATA AIA Life Insurance Co (Various Schemes) | 5 |
| Axis(Various Schemes) | 5 |
Following the share issuance, the company’s paid-up equity share capital increased to ₹13.08 crore, comprising 2.62 crore equity shares of face value ₹5 each, from ₹11.93 crore comprising 2.39 crore equity shares earlier.
The QIP opened on June 15 and closed on June 18.
Shares of Craftsman Automation ended Thursday’s session 0.52% higher at ₹9,548 apiece. The stock has gained 24% so far in 2026.
