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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 Promoters:

Srinivasagopalan Rangarajan and Rekha Murthy Rangarajan are the company promoters.

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 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 Sale5,952,550 Eq Shares of ₹2
(aggregating up to ₹348.22 Cr)
QIB Shares OfferedNot more than 50% of the offer
Retail Shares OfferedNot less than 35% of the offer
NII (HNI) Shares OfferedNot less than 15% of the offer

Data Patterns IPO Tentative Timetable

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

Data Patterns IPO Lot Size

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

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 equity share
Face Value ₹2 per equity 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 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

  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 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.

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

Data Patterns IPO Message Board

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