Craftsman Automation Ltd - IPO

Incorporated in 1986, Craftsman Automation Ltd is a leading engineering organisation that is engaged in manufacturing precision components. The company designs, develops, and manufactures a range of engineering products. It is one of the leading players in machining of cylinder blocks for tractor segment.

The business operates 3 key segments namely Automotive-Powertrain and others, Automotive-Aluminium Products, and Industrial and Engineering division that is engaged in manufacturing material handling equipments i.e. hoists, industrial gears, marine engines, crane kits, gear boxes, locomotive equipments, storage solutions, etc.
The companyes owns 12 state-of-the art manufacturing facilities across 7 cities of India. Its customer base includes Tata Motors, Dailmer India, Tata Cummins, Mahindra & Mahindra, Royal Enfield, Siemens, Escorts, Ashok Leyland, VE Commercial Vehicles, TAFE Motors & Tractors, etc.

Competitive Strengths:

• Leading engineering product manufacturer.
• Strategically located and vertically integrated manufacturing facilities.
• Strong product design capabilities.
• Robust financial performance.

Company Promoter: Srinivasan Ravi is the promoter of the company.