Craftsman Automation IPO: Stage set for listing! What investors should know
Craftsman Automation IPO is going to list tomorrow on the exchanges. Craftsman Automation IPO was subscribed 3.82 times. The public issue subscribed 3.44 times in the retail category. Analysts believe that the valuations of the company were placed on a higher side, leaving nothing much on the table for Investors.
The Valuations of Craftsman Automation are expensive. The Issue is coming at PE of 68x and EV/EBITDA of 11x which is expensive compared to most of its peers: Reuters