We wish to inform that the Fund raising committee held today, 18th June 2026, has approved the items as per the attachment.
FUNDRAISE
▲ Positive Development
LOW RISK
📅 Filed on BSE: 18 Jun 2026, 10:15 PM IST · BSE ID: 55d97e4a-39fe-4363-8224-08a2275e51ce
View Original BSE Filing (PDF)
💡
In Simple Terms
The company raised Rs. 2,000 Crore by selling new shares to large investors at Rs. 8,700 each.
🤖 AI Summary
- Craftsman Automation finalized Rs. 2,000 Crore QIP, allotting 22,98,850 equity shares at Rs. 8,700.
- QIP issue price was Rs. 8,700 per share, representing a 2.97% discount to the floor price.
- The Fund Raising Committee approved the closure of the QIP on June 18, 2026.
- Funds raised will be from eligible Qualified Institutional Buyers (QIBs).
🔢 Key Numbers — exact figures from BSE filing, not rounded
Total amount raised via QIP
Rs. 2,000 Crore
Number of Equity Shares allotted
22,98,850
Issue Price per Equity Share
Rs. 8700
Premium per Equity Share
Rs. 8695
Discount on Floor Price per Share
Rs. 266.13
Discount Percentage
2.97%
QIP Issue Opening Date
15th June, 2026
QIP Issue Closing Date
18th June, 2026
🏢 How This Affects the Company
The capital infusion from the QIP will strengthen the company's financial position, potentially enabling further investment in business growth or strategic initiatives.
The QIP increases the company's equity base and cash reserves by Rs. 2,000 Crore. The issue price implies a discount on the floor price, impacting potential dilution per share.
Successful completion of the QIP reduces immediate funding risk and provides resources for operations and expansion.
👥 What This Means For Shareholders
✅
Action Required
No action is required from existing shareholders regarding this QIP.
👤
Who Is Affected
All existing shareholders will experience dilution due to the issuance of 22,98,850 new equity shares.
🔍
Management Signal
Management demonstrated its intent to raise significant capital to fund company growth and operations through institutional investors.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Confirmation of fund utilization in subsequent financial reports.
Company's next quarterly results for Q2 FY27.
Any further announcements on strategic initiatives funded by QIP.
LOW RISK
The filing is a confirmation of a completed capital raise as per SEBI regulations.
💡 Investor Takeaway
Craftsman Automation successfully closed its Rs. 2,000 Crore QIP, allotting 22,98,850 equity shares at Rs. 8,700 per share, with a discount of Rs. 266.13 from the floor price.
⚖️ Strengths & Concerns
✅ Positives
- Successfully raised Rs. 2,000 Crore via QIP, demonstrating investor confidence in the company's prospects.
- QIP closure at Rs. 8,700 per share, incorporating a permissible discount, confirms execution of fundraising plan.
⚠️ Concerns
- The issue price of Rs. 8,700 per share reflects a discount of Rs. 266.13 per share from the floor price.
- Issuance of 22,98,850 new equity shares will result in dilution for existing shareholders.
📅 Company Track Record
Craftsman Automation had previously announced its intention to raise up to Rs. 2,000 Crores via QIP, setting a floor price of Rs. 8,966.13 on June 15, 2026.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What is the total amount Craftsman Automation raised through its Qualified Institutions Placement (QIP)?
Craftsman Automation raised Rs. 2,000 Crore through its Qualified Institutions Placement (QIP).
At what price per share did Craftsman Automation allot shares in the QIP?
The company allotted equity shares at a price of Rs. 8,700 per share in the QIP.
How many equity shares did Craftsman Automation issue in the QIP?
Craftsman Automation issued 22,98,850 equity shares to eligible Qualified Institutional Buyers (QIBs).
When did the QIP issue period for Craftsman Automation close?
The QIP issue period for Craftsman Automation closed on June 18, 2026.
What was the discount offered on the floor price for Craftsman Automation's QIP?
The QIP was priced at a discount of Rs. 266.13 per Equity Share, which is 2.97% of the floor price.
Questions based on this BSE filing only. For information purposes.