Shares of Craftsman Automation Ltd. are expected to be in focus on Friday, June 19, after the company completed its Qualified Institutional Placement (QIP), raising nearly ₹2,000 crore from institutional investors.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.
