Craftsman Automation Shares Surges Over 3%; Raises ₹2,000 Crore Via QIP at ₹8,700 Per Share – Check the Allottees List

Craftsman Automation has completed a Qualified Institutional Placement (QIP), raising nearly ₹2,000 crore through the allotment of 22,98,850 equity shares, as per an exchange filing dated June 18, 2026.  

The shares were issued to qualified institutional buyers at ₹8,700 apiece, including a premium of ₹8,695 over the face value of ₹5. The issue price carried a discount of 2.97% to the floor price prescribed under SEBI regulations. 

Paid-up Capital Rises After Issue 

The fresh allotment has increased the company's paid-up equity share capital from ₹11.93 crore to ₹13.08 crore. The total number of outstanding equity shares has risen from 2,38,55,583 to 2,61,54,433 following the completion of the issue.  

According to the company, the QIP opened on 15 June and closed on 18 June 2026. 

Key Institutional Allottees 

Several other mutual fund and insurance schemes, including those managed by Aditya Birla Sun Life, Axis Mutual Fund, Invesco India and Tata AIA Life Insurance, also received allocations under the issue. 

QIP Issue Details 

The company said the issue size aggregated to around ₹1,999.99 crore. The securities were issued under the Qualified Institutional Placement (QIP) route in accordance with the applicable SEBI regulations. The allotment was approved by the Fund Raising Committee on 18 June 2026. 

Read More: Lloyds Engineering Works Share Price in Focus; To Acquire SISCOL for ₹1,073 Crores! 

Craftsman Automation Share Price Performance  

As of June 19, 2026, 11:43 am, Craftsman Automation Ltd share price was trading at ₹9,825.50, up 3.43% from the previous closing price. 

Conclusion 

The fundraising exercise resulted in the issuance of nearly 23 lakh new equity shares and an increase in the company's equity capital. The allotment process was completed after the four-day QIP window concluded. 

For daily market updates and regular stock market news in Hindi, stay tuned to Angel One's share market news in Hindi. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.   
 
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.