Craftsman Automation Limited – Completes Anchor Allocation

Craftsman automation Limited which is tapping the capital markets with its fresh issue of Rs 150 crs and an offer for sale of 45,21,450 equity shares completed allocation to anchor investors. The price band is Rs 1,488-1490. The company allotted 16,58,447 equity shares at the top end of the band of Rs 1,490 to 15 anchor investors comprising of 21 entities.

The highest allocation was made to Pioneer Investment Fund who was allotted 3,69,120 equity shares or 22.3% of the anchor allocation. This was followed by Nomura who was allotted 2,34,890 equity shares or 14.2% of the anchor book. This was followed by three anchor investors being given an identical 9.3% or 1,54,360 equity shares. These investors were Nippon Mutual Fund, Aditya Birla Sun Life and ICICI Prudential.

The issue opens on Monday the 15th of March and closes on Wednesday the 17th of March.

The full list of anchor allotees with their allocation is given below: –

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