Affirma Capital and IFC Partially Exit India’s Craftsman Automation via IPO

Source(s): Securities and Exchange Board of India

Affirma Capital and IFC have partially exited their stakes in India-based automotive component and precision engineering company Craftsman Automation via the company’s INR8.2b (~USD113m) IPO on the NSE and BSE. Affirma and IFC sold 1.55m and 1.4m shares for INR2.32b (~USD32m) and INR2.1b (~USD29m), respectively. Read more