Craftsman Automation is about to release its IPO on March 15, 2021. The issue is closing on  March 17, 2021 and is currently having an active grey market. The Craftsman Automation IPO GMP is running at a stable rate as per the current situation.

In IPO, the GMP or the Grey Market Premium is the premium amount at which the IPO shares are traded before getting listed in the stock market.

However, the QIB and the HNI numbers are the key indicators of GMP in case of Craftsman Automation IPO. The company is intended to raise Rs 823.70 Cr by the released issue.

Craftsman Automation IPO GMP Rates, Kotak rates & SS

This particular table represents everything related to the IPO event from its opening and closing date along with the face value of the issue. You can check this table related to know the IPO size, price band along with listing details and more.

DateGMP (in INR)Kostak (in INR)Subject to Sauda (in INR)
  25-Mar 2021Rs 30-32NANA
  24-Mar 2021Rs 30-35NANA
  23-Mar 2021Rs 30-35NANA
  22-Mar 2021Rs 35-40
  21-Mar 2021Rs 35-40
  20-Mar 2021Rs 35-40
  19-Mar 2021Rs 35-40NANA
  18-Mar 2021Rs 45-50NANA
  17-Mar 2021Rs 80-90NANA
  16-Mar 2021Rs 110-120NA
  15-Mar 2021Rs 160-170NA
  12-Mar 2021NANA

Check similar articles for this IPO

Craftsman Automation IPO Allotment
Craftsman Automation Share Price
Review – Craftsman Automation IPO
Craftsman Automation IPO Subscription

Craftsman Automation IPO Date / Timetable

Here, you will find the important dates and events of this IPO. Check the allotment status, visit us again once the subscription date is over.

IPO Open DateMar 15, 2021
IPO Close DateMar 17, 2021
Basis of Allotment FinalizationMar 22, 2021
Refunds InitiationMar 23, 2021
Credit of Shares to Demat AccountMar 24, 2021
Share Listing DateMar 25, 2021

Craftsman Automation IPO – Financial Performance

The below given table will give you the overall idea of the company’s financial performance. Check their net profit and loss statement about Craftsman Automation IPO.

Amount (in INR & Millions)
Sep 20Mar 20*Mar 19Mar 18
Total Assets21,681.8523,031.3623,253.9819,994.34
Total Revenue5,365.2015,010.5718,316.4315,228.62
*Total Expense5,260.6814,378.7816,920.6314,795.64
Profit After Tax69.66410.73973.67315.34

FAQs Related to Craftsman Automation IPO GMP

Ques – What is the current Craftsman Automation IPO GMP Price?

Answer – As on today, the Craftsman Automation IPO GMP is Rs 30-32.

Ques – What is the current Craftsman Automation IPO Kostak Rate?

Answer – The Kostak rate is Rs X  for Craftsman Automation IPO.

Ques – What is today’s Craftsman Automation IPO Subject to Sauda Rate?

Answer – As on today, the Craftsman Automation IPO Subject to Sauda is Rs NA.

Ques – Where to Check Craftsman Automation IPO Allotment & Listing?

Answer – However, if you don’t want to miss out on the issue’s allotment status and the listing, you can refer to this LINK given here: https://top10stockbroker.com/ipo-allotment-status/

Ques – What is Kostak Price?

Answer – To apply for an IPO, there is an application price or application charges that come along and is known as Kostak price. It is actually the premium amount at which IPO applications are being traded for in the grey market.

Ques – Is GREY market buy or sell shares illegal?

Answer – Grey Market is basically a trading that takes place before the stock of a company gets enlisted on the stock exchange. It takes place before the IPO release and the prices may change any time. Hence, it is an unofficial trading and hence, not “illegal”.

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Disclaimer:

The Craftsman Automation IPO GMP which is mentioned in the table here is only valid for specific date as mentioned in the header section. The Kostak is the premium that one gets by selling her/his IPO application to someone else before listing of the issue. He or she can sell it in an off-market transaction. However, we aren’t buying/selling IPO forms on IPO Grey market.

It is also requested that please do not subscribe for any IPO by just seeing the premium price. The reason being, the premium price varies and can change anytime before listing. Please subscribe only after considering the Fundamental of the companies.

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