Craftsman Automation Limited which had tapped the capital markets with its fresh issue of Rs 150 crs and an offer for sale of 45,21,450 equity shares was subscribed 3.82 times. The issue had opened on Monday the 15th of March and closed on Wednesday the 17th of March. The price band was Rs 1,488-1,490.

QIB portion was subscribed 5.21 times, HNI portion was subscribed 2.84 times and the Retail portion was subscribed 3.44 times. There were 5.41 lac applications and based on lots, the retail portion was subscribed 2.80 times.

Earlier the company had 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 table of subscription details are given below: –