Craftsman Automation files draft papers for IPO; IFC, SCPE to pare stake

Angel Broking
SEBI. Photo: Reuters

Coimbatore-based engineering firm Craftsman Automation Pvt. Ltd. (CAPL) – which counts the International Finance Corporation and Standard Chartered Private Equity among its investors – has filed draft papers with the Securities and Exchange Board of India (SEBI) for its initial public offering.

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