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Data Patterns (India) Limited IPO (Data Patterns IPO) Detail

Dec 14, 2021 - Dec 16, 2021

Incorporated in 1985, Data Patterns is a defense and aerospace electronics solutions provider catering to the indigenously developed defense products industry. The company offers products to the entire spectrum of defense and aerospace platforms - space, air, land, and sea.  The company's core competencies include electronic hardware design and development, software design and development, firmware design and development, mechanical design and development, product prototype design and development, functional testing and validation, environment testing and verification, and engineering services opportunities.

The company's manufacturing facility consists of a 100,000 square feet factory built on 5.75 acres of land in Chennai, which has facilities for design, manufacturing, qualification, and life cycle support of high-reliability electronic systems used in defense and aerospace applications. The company is also planning to acquire an additional 2.81 acres of adjacent land for further expansion. As of July 31, 2021, Data Patterns had 760 employees with more than 450 qualified engineers.

Competitive Strengths:

  • Strategic defense & aerospace electronics solutions provider, well-positioned to benefit from the Make in India opportunity.
  • Innovation focussed business model
  • Sound order book with orders from several prestigious customers in the Indian defense ecosystem
  • The modern certified manufacturing facility of international standards
  • Track record of profitable growth
  • Experienced management team and skilled workforce

Company Financials

Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (₹ in Millions)
30-Sep-21 31-Mar-21 31-Mar-20 31-Mar-19
Total Assets 3,558.00 3,283.71 2,953.63 2,774.27
Total Revenue 971.72 2,265.50 1,601.92 1,325.09
Profit After Tax 232.09 555.71 210.48 77.02

Objects of the Issue

The IPO aims to utilize the net proceed towards the following purposes;

  • Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the company.
  • Funding working capital requirements of the company.
  • Upgrading and expanding company’s existing facilities at Chennai.
  • Meet general corporate purposes.

Data Patterns IPO Details

IPO Date Dec 14, 2021 to Dec 16, 2021
Listing Date Friday, December 24, 2021
Face Value ₹2 per share
Price ₹555 to ₹585 per share
Lot Size 25 Shares
Issue Size[.] shares of ₹2
(aggregating up to ₹588.22 Cr)
Fresh Issue[.] shares of ₹2
(aggregating up to ₹240.00 Cr)
Offer for Sale5,952,550 shares of ₹2
(aggregating up to ₹348.22 Cr)
Issue Type Book Built Issue IPO
Listing At BSE, NSE
QIB Shares OfferedNot more than 50% of the offer
NII (HNI) Shares OfferedNot less than 15% of the offer
Retail Shares OfferedNot less than 35% of the offer
Company Promoters

Srinivasagopalan Rangarajan and Rekha Murthy Rangarajan are the company promoters.

Data Patterns IPO Tentative Timetable

Data Patterns IPO opens on Dec 14, 2021, and closes on Dec 16, 2021. The Data Patterns IPO bid date is from Dec 14, 2021 10.00 A.M. to Dec 16, 2021 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 5 PM on the issue closing day.

Event Tentative Date
Opening Date Dec 14, 2021
Closing Date Dec 16, 2021
Basis of Allotment Dec 21, 2021
Initiation of Refunds Dec 22, 2021
Credit of Shares to Demat Dec 23, 2021
Listing Date Dec 24, 2021

Data Patterns IPO Lot Size

The Data Patterns IPO lot size is 25 shares. A retail-individual investor can apply for up to 13 lots (325 shares or ₹190,125).

Application Lots Shares Amount
Retail (Min) 1 25 ₹14,625
Retail (Max) 13 325 ₹190,125

Data Patterns IPO Promoter Holding

Pre Issue Share Holding 58.63%
Post Issue Share Holding 45.62%

Data Patterns IPO Review

Considering its financial track records, attraction for defence-related counters in the market at present and bright prospects ahead with major spending on this sector by the Government augurs well. Based on its current earnings, the issue is fully priced. Investors may consider an investment with a medium to long term perspective. Read detail review...


Data Patterns IPO Subscription Status (Bidding Detail)

The Data Patterns IPO is subscribed 119.62 times on Dec 16, 2021 5:00:00 PM. The public issue subscribed 23.14 times in the retail category, 190.86 times in the QIB category, and 254.22 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)
QIB190.86
NII254.22
Retail23.14
Total119.62

Data Patterns IPO Prospectus

Data Patterns IPO Rating

1206
4.4
Rating:Rated 4.4 stars
Vote Here ...

Data Patterns IPO Listing Date

Listing Date Friday, December 24, 2021
BSE Script Code 543428
NSE Symbol DATAPATTNS
Listing In B Group of Securities
ISIN INE0IX101010
IPO Price ₹585 per share
Face Value ₹2 per share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
BSE
₹585.00
₹864.00
₹744.05
₹864.00
₹754.85
NSE
₹585.00
₹856.05
₹743.85
₹864.00
₹755.00

Company Contact Information

Data Patterns (India) Limited
Plot H9, Fourth Main Road,
SIPCOT IT Park, Siruseri, Chennai 603103,
Tamil Nadu, India
Phone: +91 44 4741 4000
Email: manvi.bhasin@datapatterns.co.in
Website: https://www.datapatternsindia.com/

Data Patterns IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270
Email: datapatterns.ipo@linkintine.co.in
Website: https://linkintime.co.in/

Data Patterns IPO FAQs

Data Patterns IPO is a main-board IPO of [.] equity shares of the face value of ₹2 aggregating up to ₹588.22 Crores. The issue is priced at ₹555 to ₹585 per share. The minimum order quantity is 25 Shares.

The IPO opens on Dec 14, 2021, and closes on Dec 16, 2021.

Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

Zerodha customers can apply online in Data Patterns IPO using UPI as a payment gateway. Zerodha customers can apply in Data Patterns IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in Data Patterns IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Data Patterns IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. ‘Submit’ IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The Data Patterns IPO opens on Dec 14, 2021 and closes on Dec 16, 2021.

Data Patterns IPO lot size is 25 Shares and the minimum order quantity is .

You can apply in Data Patterns IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Data Patterns IPO will be done on Dec 21, 2021, and the allotted shares will be credited to your demat account by Dec 23, 2021. Check the Data Patterns IPO allotment status.

The Data Patterns IPO listing date is on Friday, December 24, 2021.
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Data Patterns IPO Message Board

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1090 Comments

469. NKJ |   Link |Dec 24, 2021 4:57:43 PM
Ok, now that IPO rain is done and no other IPOs in line for a few days (as of now), can anyone suggest where to park the fund which gives better than saving a/c, or FD?

Any suggestions? (Except transferring fund to you :), serious suggestions pls.
469.1. Veeramani |   Link |Dec 24, 2021 5:43:28 PM
Put it in FD linked account, sbi offers MOD facility but only problem with that is 2 PM is the closing time for IPO''s
ICICI also offers breakable FD, pls check it.
469.2. bAAz |   Link |Dec 31, 2021 10:42:08 PM
IPO Mentor IPO Mentor (500+ Posts, 300+ Likes)
Mod means sweep FD you can''t apply ipo by this
468. ashuezy |   Link |Dec 24, 2021 10:08:16 AM
Stock may down to 680
467. Veeramani |   Link |Dec 23, 2021 9:28:03 PM
There is too much euphoria about the listing price. I think it will list around 785 to 850 and settle around 800 for the day. The move thereafter is market dependent.
467.1. CSK |   Link |Dec 23, 2021 9:54:18 PM
Top Contributor Top Contributor (300+ Posts, 400+ Likes)
Looks like u not received any allotment. Share will list above 1000.. Just wait and see
467.2. Veeramani |   Link |Dec 24, 2021 11:56:35 AM
The writing(listing price) is in the wall. It will go till 730 and bounce back to 800 during the day.
You are correct, I didn''t get alloted in DP(retail), but had my bet on Medplus (HNI) which have similar returns.
I will buy DP at 730 today if it comes or buy above 885 on closing basis.
466. DSR |   Link |Dec 24, 2021 10:35:42 AM
IPO Mentor IPO Mentor (500+ Posts, 400+ Likes)
No need to rush into buying.. we can get it at reasonable price when QiB lock in gets over in 30 days.
466.8. K.Atar |   Link |Dec 25, 2021 9:22:50 AM
IPO Mentor IPO Mentor (900+ Posts, 500+ Likes)
@ Jackpatel

It is 30 days from the date of Shares allotment.

They can sell only after 30 days lock in period is over.

Thanks
466.9. arunARUN |   Link |Dec 26, 2021 1:54:35 PM
IPO Guru IPO Guru (1600+ Posts, 1400+ Likes)
I agree broadly.
@DSR On other hand operator can take scrip up atleast for 20 days
465. Chalak Lomdi |   Link |Dec 23, 2021 11:29:40 PM
no news about data pattern...
last premium was 300 around...
all the best for good profit...
465.3. Monster Zero |   Link |Dec 24, 2021 10:13:32 AM
IPO Guru IPO Guru (2600+ Posts, 2300+ Likes)
6850 ka naffa... Satisfied...🎉
465.4. Chalak Lomdi |   Link |Dec 25, 2021 2:32:58 PM
yupp nice .. enjoy..
464. ANALYTIC DADA |   Link |Dec 24, 2021 2:59:04 PM
Rs 750 right price to enter for those who could not get allotment
463. lokes |   Link |Dec 22, 2021 11:12:00 AM
IPO Guru IPO Guru (3700+ Posts, 4200+ Likes)
@finsure @others: i feel it will list around/above 780. Company is good, sector is good, financials are growing at good pace and in future also, it should do good. QIB subscription numbers were one of the best here (though even it couldn''t save some recently listed ipo for going too much down after listing). I feel here if getting 850 or above price on listing day, then profit can book in short term then later can be bought again on dips for long term or else better to hold this for long term whoever got allotment (with stoploss of around 700 to protect profit). For those who didn''t got allotment, Any price around 730 should be good to buy. I don''t think it will go like tega or mapmyindia way after listing, means great dip should not come here. Rest lets see on listing, keeping in hope market won''t go down too much again during listing :)
463.6. lokes |   Link |Dec 24, 2021 10:57:19 AM
IPO Guru IPO Guru (3700+ Posts, 4200+ Likes)
@rocky: Good price to sell in short term was preopen normally for all stocks (some dependency on listing/market) , for long term, this stock is good but can be bought at lower levels too.....now if u are holding then may be keep holding it for 6 to 12 months at least to get 1000-1200 rs
463.7. ROCKYBHAI |   Link |Dec 24, 2021 2:07:11 PM
@lokes, okay, thank you for reply and suggestion
462. ipobull |   Link |Dec 24, 2021 1:03:32 PM
IPO Mentor IPO Mentor (900+ Posts, 1000+ Likes)
Friends,
What is the next confirmed IPO in the block or IPOs coming in January.
461. Kunal B |   Link |Dec 24, 2021 11:41:44 AM
Out of recent ipo frenzy, medplus and gocolors exceeded the expectation of everyone. Thank fully I was allotted both. It was a good year. 6 allotment in total. 3 linkintime, 3 kfintech.
I hope to see a better result next year.
Best of luck retailers for the next year!!!
460. Nitesh Mohite |   Link |Dec 24, 2021 11:33:57 AM
Any one who got data pattern in iifl security and faced issue while selling?
459. Anandi |   Link |Dec 24, 2021 10:38:08 AM
can we sell ipo shares in pre market in zerodha ? i tried but wasnt allowed to put order.
459.1. Rajkumar Bhuj |   Link |Dec 24, 2021 11:08:45 AM
IPO Mentor IPO Mentor (500+ Posts, 400+ Likes)
Pre market as in 9:00-9:08 ?

IPO Premarket is from 9:15 - 9:45. Put limit before 9:45 and there should be no issue.
459.2. Chalak Lomdi |   Link |Dec 24, 2021 11:15:24 AM
bahen yaha pani bhi paiso se milta he .... ye to crodo ki kamai ka saval he... paisa to lagega... muft me kese batade !!!
458. lucky boy |   Link |Dec 24, 2021 10:22:11 AM
IPO Mentor IPO Mentor (600+ Posts, 200+ Likes)
DATA PATTERN PROFIT 7500
MAP MY INDIA 6600

happy.......................................................
458.4. lucky boy |   Link |Dec 24, 2021 10:47:01 AM
IPO Mentor IPO Mentor (600+ Posts, 200+ Likes)
@ ROCKYBHAI , about selling strategy preopen main 0 dalke ,market order kiya toah reject hua,,, fir 1170 pe buying dala toah order cancel hua.
fir 10 baje sell kiya.........
458.5. CSK |   Link |Dec 24, 2021 10:47:40 AM
Top Contributor Top Contributor (300+ Posts, 400+ Likes)
I am looking1000. Wait for the next year.. No worries.
457. SMM |   Link |Dec 24, 2021 9:43:20 AM
Selling pressure visible. Looks like profit booking will come.
457.1. SMM |   Link |Dec 24, 2021 10:18:01 AM
I''ll try to buy either above sustain of listing price or below 750.
456. Monster Zero |   Link |Dec 24, 2021 10:12:21 AM
IPO Guru IPO Guru (2600+ Posts, 2300+ Likes)
It can go as low as 730..if market stays negative till closing....Ready to jump in again😁
455. Monster Zero |   Link |Dec 23, 2021 9:59:11 PM
IPO Guru IPO Guru (2600+ Posts, 2300+ Likes)
Let''s have a listing poll... people can post just the letter they think it can list from the following options....just copy and paste the amount in your reply below this thread.
We''ll see the % accurateness of this poll....
A. 800-850
B. 850-900
C. 900-950
D. 950-1050
Choose an option and paste the amount below this thread.⬇️ Poll ends @ 9.45 am tomorrow.
455.11. iamnimitshah |   Link |Dec 24, 2021 9:53:28 AM
IPO Mentor IPO Mentor (500+ Posts, 400+ Likes)
I was spot on with my option A+B :-)
900 & Below... I have sold my allotments in pre-open
455.12. Monster Zero |   Link |Dec 24, 2021 10:10:22 AM
IPO Guru IPO Guru (2600+ Posts, 2300+ Likes)
Poll results
A. 800-850 22 %
B. 850-900. 23%
C. 900-950. 11%
D. 950-1050. 44%


Option B is the winner as per listing price.
Well played.
454. Mihir Choksi |   Link |Dec 24, 2021 10:05:53 AM
So much selling Pressure
453. lucky boy |   Link |Dec 24, 2021 10:05:51 AM
IPO Mentor IPO Mentor (600+ Posts, 200+ Likes)
all sold at @ 850..........................
452. Monster Zero |   Link |Dec 24, 2021 10:01:19 AM
IPO Guru IPO Guru (2600+ Posts, 2300+ Likes)
Sold @859.... Will buy later after dips.,☑️
451. Normal investor |   Link |Dec 24, 2021 9:59:28 AM
Buyers more than sellers.. @9.58
450. Nidhike |   Link |Dec 23, 2021 10:55:08 PM
Top Contributor Top Contributor (300+ Posts, 500+ Likes)
My poll for listing price
A. 1000-1050
B.1050-1100
C.1100-1150
D. 1150++++++

Post ur comment 😎in reply
450.2. CSK |   Link |Dec 24, 2021 8:31:21 AM
Top Contributor Top Contributor (300+ Posts, 400+ Likes)
1150+... I did some mistakes MTAR.. Sold everything around 950.. But shares zoomed after that.. Data Patterns is must hold.. It is bigger than MTAR...
Thanks for the valuable info Sir Ji.
450.3. Cautious ProPrio |   Link |Dec 24, 2021 9:58:25 AM
IPO Guru IPO Guru (1700+ Posts, 1000+ Likes)
You get allotment seems