PROSPECTUS
Dated March 18, 2021

Please read Section 32 of the Companies Act, 2013
100% Book Built Offer

avTOMATION

CRAFTSMAN AUTOMATION LIMITED

‘Our Company was incorporated as “Craftsman Automation Private Limited” on July 18, 1986, as a private limited company under the Companies Act 1956, pursuant to a certificate of incorporation

‘granted by the Registrar of Companies, Chennai, Tamil Nadu. Pursuant to the conversion of our Company to a public limited company and as approved by the Shareholders pursuant to a resolution

dated April 30, 2018, the name of our Company was changed to “Craftsman Automation Limited” and the Registrar of Companies, Coimbatore, Tamil Nadu (“RoC”) issued a fresh certificate of

incorporation dated May 4, 2018. For further information on changes in name and registered office of our Company, see “History and Certain Corporate Matters” on page 194

Corporate Identity Number: (28991TZ1986PLCO01816
Registered and Corporate Office: Senthel Towers, IV Floor, 1078, Avanashi Road, Coimbatore 641 018, Tamil Nadu, India; Tel: (91 422) 716 5000;
Contact Person: Shainshad Aduvanni, Company Secretary and Compliance Officer; Tel: (91 422) 716 5000;
E-mail: investor@craltsmanautomation.com; Website: www.craftsmanautomation.com
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INITIAL PUBLIC OFFERING OF 5,528,161* EQUITY SHARES OF FACE VALUE OF £5 FACH (THE “EQUITY SHARES") OF CRAFTSMAN AUTOMATION LIMITED (OUR "COMPANY" OR THE “COMPANY” OR
‘THE “ISSUER”) FOR CASH AT A PRICE OF @ 1,490 PER EQUITY SHARE (INCLUDING A SHARE PREMIUM OF 1,485 PER EQUITY SHARE) (THE “OFFER PRICE”) AGGREGATING TO 2 8,236,96* MILLION (THE
“OFFER”) COMPRISING A FRESH ISSUE OF 1,006,711 EQUITY SHARES AGGREGATING TO & 1,500,00* MILLION BY OUR COMPANY (THE “FRESH ISSUE”) AND AN OFFER FOR SALE OF 4521,450* EQUITY
‘SHARES COMPRISING 130,640* EQUITY SHARES BY SRINIVASAN RAVI (THE “PROMOTER SELLING SHAREHOLDER"), 1,559,260* EQUITY SHARES BY MARINA III (SINGAPORE) PTE LIMITED (“MARINA”)
AND 1,414,050* EQUITY SHARES BY INTERNATIONAL FINANCE CORPORATION (“IFC") (MARINA, TOGETHER WITH IFC, THE “INVESTOR SELLING SHAREHOLDERS”), AND 1,417,500" EQUITY SHARES BY
K. GOMATHESWARAN (THE “INDIVIDUAL SELLING SHAREHOLDER”) (THE PROMOTER SELLING SHAREHOLDER, THE INVESTOR SELLING SHAREHOLDERS AND THE INDIVIDUAL SELLING
SHAREHOLDER, TOGETHER, THE “SELLING SHAREHOLDERS” AND SUCH EQUITY SHARES OFFERED BY THE SELLING SHAREHOLDERS, THE “OFFERED SHARES") AGGREGATING TO 6,736.96" MILLION
(THE “OFFER FOR SALE).

 

 

 

 

 

 

 

"Subject to finalization ofthe Basis of Allorment
This Offer was made in terms of Rule 192)(b) of the Securities Contracts (Regulation) Rules, 1957, as amended (Ihe “SCRI") read wih Regilaion 31 of the SEBTICDR Regulations. The Offer was made through the Book Bullding Process, i
‘compliance with Regulation 6(2) of the SEBI [CDR Regulations, wherein not more than 50% ofthe Offer was allocated on a proportionate basis to Qualified Institutional Buyers (the “QHBs”) (the “QUB Category’), of which our Company and the
Investor Selling Shareholders in consultation withthe BRLMS, allocated up to 60% of the QUB Category to Anchor Investors, ona diseretionary basis (the “Anchor Investor Portion’), One-third ofthe Anchor Investor Porton was reserved for
domestic Mutual Funds, subject to valid Bids having been received from domestic Mutual Funds at or above the price at which allocation is made to Anchor Investors (the “Anchor Investor Allocation Price”). Post allocation to the Anchor
Investors, the QIB Category was reduced by such number of Equity Shares. 5% ofthe QIB Category (excluding the Anchor Investor Portion) was made available for allocation on a proportionate basis to Mutual Funds only, and the remainder of
‘the QIB Category was made available for allocation on a proportionate basis to all QIBs, including Mutual Funds, subject to valid Bids being received from them at or above the Offer Price. Further, not less than 15% ofthe Ofer was made available
for allocation on a proportionate basis to Non-lnsttuional Investors and not less than 25% of the Offer was made avalable for allocation to Reta Individual Investors, in accordance with the SEBL ICDR Regulations, subject to valid Bids being
received at or above the Offer Price. All Bidders, other than the Anchor Investors, were mandatorily required to participate in this Offer only through Application Supported by Blocked Amount (“ASBA") process, providing details of their respective
bank accounts (Including UPI ID for Retail Individual Investors using UPI Mechanism) in which the Bid amount was blocked by the SCSBs or the Sponsor Bank. The Anchor Investors were not permitted to participate in the Anchor Investor
Portion through the ASBA process. For further information, see “Offer Procedure” on page 350,

 

 

   

     

 

   

“Subject fo finalization ofthe Basis of Allotment

 

PSN
This belng the ist public issue of the Equity Shares, here has been no formal market for the Equity Shares. The Floor Price, the Cap Price andthe Offer Price (as determined by our Company and the Investor Selling Shareholders, wt consulation wih
the BRLMs, in accordance with the SEBI ICDR Rey asi for Offer Price” on page 87) should not be taken to be indicative of the market price ofthe Equity Shares after dhe Equity Shares a listed. No assurance can be given

garding an active and/or sustained a Inthe Equity Shares oe at the co which the Equity Shares will be waded ater listing

Tavestments inequity and eqully-related securtes involve a degree of risk and investors should not invest any funds in the Oller unless they can alford(o (ake the risk of losing thelr entre investment, Investors are advised (o read the risk factors

‘carefully before taking an investment decision in the Offer. For taking an investment decision, investors must rely on their own examination of our Company and the Offer including the risks involved. The Equity Shares in the Offer have not been

recommended ot approved by the Securities and Exchange Board of India (“SEBI"), nor does SEBI guarantee the accuracy or adequacy ofthe contents ofthis Prospectus. Specific atention ofthe investors is invited to “Risk Factors” on page 22.
ISSUER'S AND SELLING SHAREHOLDERS” ABSOLUTE RESPONSIBILITY

‘Our Company, having made al reasonable inquiries, accepts responsibility for and confirms that this Prospectus contains all information with regard to our Company and the Offer, which is material in the context of the Offer, thatthe information

‘contained in this Prospectus is true and correct in all material aspects and is not misleading in any material respect, that the opinions and intentions expressed herein are honestly held and that there are no other facts, the omission of which makes

this Prospectus asa whole or any of such information or the expression of ay such opinions or intetions, misleading in any material respect.

 

 

lations, and as stated in“

   

   

 

 

 

Further, each Selling Shareholder severally and not jointly accepts responsibility for and confirms only the information given expressly by such Selling Shareholder relating to itself and its respective portion of Offered Shares contained in this
Prospectus as tue and correct in all material aspects and not misleading in any material respec. Each Selling Sharcholde, severally and not joinly, does not assume any responsibility for any other statements, inluding without Limitation, any and

ail of the statements made by or in relation to our Company or the oes an Shareholders in this Pros =

“The Equity Shares issued through the Red Herring Prospectus and this Prospectus are proposed tobe iste on the Stock Exchanges, We have received in-principe approvals from BSE and NSE forthe listing of the Equity Shares pursuant to letters
dated January 4, 2021 and January 5, 2021, respectively. For the purposes of this Offer, BSE isthe Designated Stock Exchange. A copy of the Red Herring Prospectus and this Prospectus shall be delivered for filing withthe RoC in accordance
With Section 26(4) of and Section 32 the Companies Act 2013, For further information on the material contracts and documents that were made available for inspection from the date of the Red Herring Prospectus up tothe Bid/Offer Closing Date,
ve “Material Contracts and Documents for Inspection” on page 438,

 

 

 

 

 

 

 

 

 

 

BeP'S CAPITAL @31IFL securities LINK Intime
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‘1 Floor, Axis House 10" Floor, IIFL Centre C-101, 1* floor, 247 Park

 

 

BID/OFFER PERIOD"

Peas ko NR NEYO VATU te BEE! Pest Kem o TNR Nee

 

(@) The Anchor Investor Bidding Date was one Working Day prior tothe Bid/Offer Opening Dawe i. Friday, March 12, 2021
