About The company- Craftsman Automation Limited
Craftsman Automation Limited commenced their business operations in 1986 in Coimbatore, in the state of Tamilnadu, India.Craftsman Automation Limited engaged in the three business segments, namely powertrain and other products for the automotive segment, aluminium products for the automotive segment and industrial and engineering products segment. In India, company is the largest player involved in the machining of cylinder blocks and cylinder heads in the intermediate, medium and heavy commercial vehicle segments as well as in the construction equipment industry. Craftsman Automation Limited IPO open date is Mar 15, 2021, and the close date is Mar 17, 2021. The issue may list on Mar 25, 2021.
Company comprehensive solutions include design, process engineering and manufacturing including foundry, heat treatment fabrication, machining and assembly facilities. Company key products in power trains and other segments are highly engineered and include engine parts suchs as cylinder blocks and cylinder heads, camshafts, transmission parts, gearbox housings, turbochargers and bearing caps.
In the Aluminium products segment, Companies are equipped with an array of processes including the high pressure die casting, low pressure die casting and gravity die casting machines to manufacture components, machining tools for machining and assembly lines.
Within the Industrial and engineering segment, Company has utilized our in-house engineering and design capabilities and develop a diverse product portfolio across two sub-segments namely (1) the storage solutions sub-segments under which company has the complete solution for conventional/ automated storage; (ii) the high end precision products sub-segment under which company manufacture aluminium products for power transmission, high-end precision products and undertake sub-assembly.
Company has long term relationships with several marquee domestic and global original equipment manufacturers and component manufacturers across the three business segments. Within the company’s automotive power train and other segments, key customers include Daimler India and other segments, Tata motors, TAta cummins, Mahindra & Mahindra and many more. Key customers in the Automotive products segment are Daimler India, TVS motors, Royal Enfield, Perkins and Mahindra & Mahindra. Key customers within the Industrial and Engineering segment are Siemens and Mitsubishi Heavy Industries.
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Competitive strength
- Diversified engineering company with a focus on providing comprehensive solutions.
- Established a long term relationship with the marquee domestic.
- Extensive manufacturing oot print, with strategically located manufacturing facilities.
- Well skilled and well experienced management team.
- Consistently track the record of financial performance of the company.
Company Strategies
- Increase the company wallet share and acquire new business.
- Company is growing opportunities in storage solutions.
- Company is focusing on cost effectiveness.
Company Business Segments
- Automotive- Powertrain and others.
- Automotive- Aluminium Products.
- Industrial & Engineering segment.
Company Promoter
SRINIVASAN RAVI are the promoter of the Craftsman Automation Limited.
