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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:
Srinivasagopalan Rangarajan and Rekha Murthy Rangarajan are the company promoters.
| 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 | |
The IPO aims to utilize the net proceed towards the following purposes;
| IPO Opening Date | Dec 14, 2021 |
| IPO Closing Date | Dec 16, 2021 |
| Issue Type | Book Built Issue IPO |
| Face Value | ₹2 per equity share |
| IPO Price | ₹555 to ₹585 per equity share |
| Market Lot | 25 Shares |
| Min Order Quantity | 25 Shares |
| Listing At | BSE, NSE |
| Issue Size | [.] Eq Shares of ₹2 (aggregating up to ₹588.22 Cr) |
| Fresh Issue | [.] Eq Shares of ₹2 (aggregating up to ₹240.00 Cr) |
| Offer for Sale | 5,952,550 Eq Shares of ₹2 (aggregating up to ₹348.22 Cr) |
| QIB Shares Offered | Not more than 50% of the offer |
| Retail Shares Offered | Not less than 35% of the offer |
| NII (HNI) Shares Offered | Not less than 15% of the offer |
The Data Patterns IPO open date is Dec 14, 2021, and the close date is Dec 16, 2021. The issue may list on Dec 24, 2021.
| IPO Open Date | Dec 14, 2021 |
| IPO Close Date | Dec 16, 2021 |
| Basis of Allotment Date | Dec 21, 2021 |
| Initiation of Refunds | Dec 22, 2021 |
| Credit of Shares to Demat Account | Dec 23, 2021 |
| IPO Listing Date | Dec 24, 2021 |
The Data Patterns IPO market 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 (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 25 | ₹14,625 |
| Maximum | 13 | 325 | ₹190,125 |
| Pre Issue Share Holding | 58.63% |
| Post Issue Share Holding | 45.62% |
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...
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)
| Category | Subscription (times) |
|---|---|
| QIB | 190.86 |
| NII | 254.22 |
| Retail | 23.14 |
| Total | 119.62 |
| 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 equity share |
| Face Value | ₹2 per equity share |
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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/
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: datapatterns.ipo@linkintine.co.in
Website: https://linkintime.co.in/
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 equity 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
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 25 Shares.
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, Edelweiss, 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.
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