Craftsman Automation IPO listing day strategy: Vehicle scrappage policy may benefit; book profit or hold?
The Rs 824-crore Craftsman Automation IPO will list on BSE and NSE on March 25, 2021. The issue was sold in the price range of Rs 1,488-1,490 per share between March 15-17, 2021. The initial public offering received a tepid response from investors with a 3.82 times subscription. In the grey market on Wednesday, shares of this auto component maker were trading at Rs 1,520 apiece, with a premium of Rs 30 or 2 per cent over the issue price, according to UnlistedArena.com, which tracks the grey market.
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