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

December 14, 2021 - December 16, 2021

Data Patterns IPO is a book built issue of Rs 588.22 crores. The issue comprises of fresh issue of Rs 240.00 crore and offer for sale of 0.6 crore shares.

Data Patterns IPO bidding started from December 14, 2021 and ended on December 16, 2021. The allotment for Data Patterns IPO was finalized on Tuesday, December 21, 2021. The shares got listed on BSE, NSE on December 24, 2021.

Data Patterns IPO price band is set at ₹555 to ₹585 per share. The minimum lot size for an application is 25 Shares. The minimum amount of investment required by retail investors is ₹14,625.

Iifl Securities Ltd and Jm Financial Limited are the book running lead managers of the Data Patterns IPO, while Link Intime India Private Ltd is the registrar for the issue.

Refer to Data Patterns IPO RHP for detailed information.

Data Patterns IPO Details

IPO Date December 14, 2021 to December 16, 2021
Listing Date December 24, 2021
Face Value ₹2 per share
Price Band ₹555 to ₹585 per share
Lot Size 25 Shares
Total Issue Size[.] shares
(aggregating up to ₹588.22 Cr)
Fresh Issue[.] shares
(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

Data Patterns IPO Reservation

Data Patterns IPO offers 7,097,285 shares. 1,958,847 (27.60%) to QIB, 1,541,532 (21.72%) to NII, 3,596,906 (50.68%) to RII. 143,876 RIIs will receive minimum 25 shares and (sNII) and (bNII) will receive minimum 350 shares. (in case of oversubscription)

Investor Category Shares OfferedMaximum Allottees
Anchor Investor Shares Offered-NA
QIB Shares Offered1,958,847 (27.60%)NA
NII (HNI) Shares Offered1,541,532 (21.72%)
Retail Shares Offered3,596,906 (50.68%)143,876
Total Shares Offered7,097,285 (100%)

Data Patterns IPO Timeline (Tentative Schedule)

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

IPO Open Date Tuesday, December 14, 2021
IPO Close Date Thursday, December 16, 2021
Basis of Allotment Tuesday, December 21, 2021
Initiation of Refunds Wednesday, December 22, 2021
Credit of Shares to Demat Thursday, December 23, 2021
Listing Date Friday, December 24, 2021
Cut-off time for UPI mandate confirmation 5 PM on December 16, 2021

Data Patterns IPO Lot Size

Investors can bid for a minimum of 25 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

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

Data Patterns IPO Promoter Holding

Srinivasagopalan Rangarajan and Rekha Murthy Rangarajan are the company promoters.

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

About Data Patterns (India) Limited

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 (Data Patterns IPO Objectives)

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 Review (Apply)

[Dilip Davda]  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 December 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 Details

Listing Date December 24, 2021
BSE Script Code 543428
NSE Symbol DATAPATTNS
ISIN INE0IX101010
Final Issue Price ₹585 per share

Pre-Open Session - NSE Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue 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

Check IPO Performance…

Data Patterns (India) Limited Contact Details

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/initial_offer/public-issues.html

Data Patterns IPO - Buy or Not

Data Patterns IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 9 1 0
Members 0 0 0

Read All Reviews Post Your Review Manage Reviews

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 December 14, 2021, and closes on December 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 December 14, 2021 and closes on December 16, 2021.

Data Patterns IPO lot size is 25 Shares, and the minimum amount required is ₹14,625.

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 Tuesday, December 21, 2021, and the allotted shares will be credited to your demat account by Thursday, December 23, 2021. Check the Data Patterns IPO allotment status.

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

Ranked Members of Chittorgarh.com Forum  Ranked Members | Members with Most Likes

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1090 Comments

469. NKJ |   Link |  Bookmark |December 24, 2021 3:57:43 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 |  Bookmark |December 24, 2021 4:43:28 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 |  Bookmark |December 31, 2021 9:42:08 PM
IPO Mentor IPO Mentor (700+ Posts, 400+ Likes)
Mod means sweep FD you can''t apply ipo by this
468. ashuezy |   Link |  Bookmark |December 24, 2021 9:08:16 AM
Stock may down to 680
467. Veeramani |   Link |  Bookmark |December 23, 2021 8:28:03 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 |  Bookmark |December 23, 2021 8:54:18 PM
Top Contributor Top Contributor (300+ Posts, 500 Likes)
Looks like u not received any allotment. Share will list above 1000.. Just wait and see
467.2. Veeramani |   Link |  Bookmark |December 24, 2021 10:56:35 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 |  Bookmark |December 24, 2021 9:35:42 AM
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 |  Bookmark |December 25, 2021 8:22:50 AM
IPO Guru IPO Guru (1000+ Posts, 700+ 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 |  Bookmark |December 26, 2021 12:54:35 PM
IPO Guru IPO Guru (1900+ Posts, 1600+ Likes)
I agree broadly.
@DSR On other hand operator can take scrip up atleast for 20 days
465. Chalak Lomdi |   Link |  Bookmark |December 23, 2021 10:29:40 PM
IPO Guru IPO Guru (1400+ Posts, 1000 Likes)
no news about data pattern...
last premium was 300 around...
all the best for good profit...
465.3. Monster Zero |   Link |  Bookmark |December 24, 2021 9:13:32 AM
IPO Guru IPO Guru (3100+ Posts, 2800+ Likes)
6850 ka naffa... Satisfied...🎉
465.4. Chalak Lomdi |   Link |  Bookmark |December 25, 2021 1:32:58 PM
IPO Guru IPO Guru (1400+ Posts, 1000 Likes)
yupp nice .. enjoy..
464. ANALYTIC DADA |   Link |  Bookmark |December 24, 2021 1:59:04 PM
Rs 750 right price to enter for those who could not get allotment
463. lokes |   Link |  Bookmark |December 22, 2021 10:12:00 AM
IPO Guru IPO Guru (4300+ Posts, 5100+ 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 |  Bookmark |December 24, 2021 9:57:19 AM
IPO Guru IPO Guru (4300+ Posts, 5100+ 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 |  Bookmark |December 24, 2021 1:07:11 PM
@lokes, okay, thank you for reply and suggestion
462. ipobull |   Link |  Bookmark |December 24, 2021 12:03:32 PM
IPO Guru IPO Guru (1000+ Posts, 1000+ Likes)
Friends,
What is the next confirmed IPO in the block or IPOs coming in January.
461. Kunal B |   Link |  Bookmark |December 24, 2021 10:41:44 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 |  Bookmark |December 24, 2021 10:33:57 AM
Any one who got data pattern in iifl security and faced issue while selling?
459. Anandi |   Link |  Bookmark |December 24, 2021 9:38:08 AM
can we sell ipo shares in pre market in zerodha ? i tried but wasnt allowed to put order.
459.1. Rajkumar Bhuj |   Link |  Bookmark |December 24, 2021 10:08:45 AM
IPO Mentor IPO Mentor (600+ 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 |  Bookmark |December 24, 2021 10:15:24 AM
IPO Guru IPO Guru (1400+ Posts, 1000 Likes)
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 |  Bookmark |December 24, 2021 9:22:11 AM
IPO Mentor IPO Mentor (1200+ Posts, 400+ Likes)
DATA PATTERN PROFIT 7500
MAP MY INDIA 6600

happy.......................................................
458.4. lucky boy |   Link |  Bookmark |December 24, 2021 9:47:01 AM
IPO Mentor IPO Mentor (1200+ Posts, 400+ 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 |  Bookmark |December 24, 2021 9:47:40 AM
Top Contributor Top Contributor (300+ Posts, 500 Likes)
I am looking1000. Wait for the next year.. No worries.
457. SMM |   Link |  Bookmark |December 24, 2021 8:43:20 AM
Selling pressure visible. Looks like profit booking will come.
457.1. SMM |   Link |  Bookmark |December 24, 2021 9:18:01 AM
I''ll try to buy either above sustain of listing price or below 750.
456. Monster Zero |   Link |  Bookmark |December 24, 2021 9:12:21 AM
IPO Guru IPO Guru (3100+ Posts, 2800+ Likes)
It can go as low as 730..if market stays negative till closing....Ready to jump in again😁
455. Monster Zero |   Link |  Bookmark |December 23, 2021 8:59:11 PM
IPO Guru IPO Guru (3100+ Posts, 2800+ 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 |  Bookmark |December 24, 2021 8:53:28 AM
IPO Mentor IPO Mentor (600+ Posts, 500+ 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 |  Bookmark |December 24, 2021 9:10:22 AM
IPO Guru IPO Guru (3100+ Posts, 2800+ 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 |  Bookmark |December 24, 2021 9:05:53 AM
So much selling Pressure
453. lucky boy |   Link |  Bookmark |December 24, 2021 9:05:51 AM
IPO Mentor IPO Mentor (1200+ Posts, 400+ Likes)
all sold at @ 850..........................
452. Monster Zero |   Link |  Bookmark |December 24, 2021 9:01:19 AM
IPO Guru IPO Guru (3100+ Posts, 2800+ Likes)
Sold @859.... Will buy later after dips.,☑️
451. Normal investor |   Link |  Bookmark |December 24, 2021 8:59:28 AM
Buyers more than sellers.. @9.58
450. Nidhike |   Link |  Bookmark |December 23, 2021 9:55:08 PM (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 |  Bookmark |December 24, 2021 7:31:21 AM
Top Contributor Top Contributor (300+ Posts, 500 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 |  Bookmark |December 24, 2021 8:58:25 AM
IPO Guru IPO Guru (1900+ Posts, 1100+ Likes)
You get allotment seems