Data Patterns India Ltd IPO will open on 14th December 2021. incorporated in 1985, Data Patterns supplies electronic systems to defence and aerospace. In this article we will do a complete review on Data Patterns India Ltd and see, if you should subscribe to this issue or not?
List of Topic Covered
Key Features of Data Patterns IPO
- Data Patterns IPO will open on 14th Dec 2021
- You can apply in this IPO from 14th Dec 2021 to 16th Dec 2021
- Issue Price band of the company is ₹ 555 – ₹ 585 per equity share.
- This IPO comprises fresh issue of equity shares worth ₹ 240 crores and offer for sale (OFS) of equity shares worth ₹ 348.22 crores by promoters and existing shareholders.
- It has a minimum 25 shares in one lot and you have to spend a minimum ₹14,625 for 1 lot.
- Data Patterns is looking to raise ₹ 588.22 crores through this IPO.
What is Data Patterns India Limited
- Started in 1985, Data patterns is a defence and aerospace electronics solutions provider catering to the indigenously developed defence products industry.
- Data Patterns expertise includes radar, electronic warfare, rugged displays, fire control systems, launch vehicle check-outs, data buoys, satellite and launch vehicle subsystems, and Automatic Test Equipment (ATEs), supporting software etc.
- They have an innovative business model with a profitable growth track record.
- Data Patterns is backed by Matthew Cyriac. He holds a 12.8% stake in the firm.
- Srinivasagopalan Rangarajan is the Managing Director of the company.
- On the revenue front, the company is consistently in profit for the last three years which is a positive sign for the investors.
Grey Market Premium of Data Patterns IPO GMP
Grey market is an unregulated market to trade ipo shares before listing. Data Patterns Health IPO price band is placed at ₹ 555 – ₹ 585 but the grey market premium of this share is currently 58 % up i.e. at ₹ 340. So the share price of Data Patterns IPO in the grey market is ₹ 925 (585 +340).
Data Patterns Live Subscription Status
Data coming soon
Data Patterns IPO Conditions to know before Investing, Date, Lot Size, Allotment
| IPO Start Date | 14 December 2021 |
| IPO Close Date | 16 December 2021 |
| Share Allotment Date | 21 December 2021 |
| Refunds Date | 22 December 2021 |
| Credit to Demat Account Date | 23 December 2021 |
| IPO Listing Date | 24 December 2021 |
| Fresh Equity Share Issue | Approx ₹ 240 crores |
| Offer For Sale (OFS) Equity Share | Approx ₹ 348.22 crores (59,52,550 Equity shares) |
| Face Value | ₹ 2 Per Equity Share |
| Price Band | ₹ 555 – ₹ 585 Per Equity Share |
| Retail Quota Share | 35% |
| QIB Quota | 50% |
| NII Quota | 15% |
| Listing on | NSE & BSE |
| Minimum Lot Size | 25 Share in 1 Lot |
| Minimum Amount | ₹ 14,625 For 1 Lot |
| Maximum Lot Size | 325 Shares (13 Lot) |
| Maximum Amount | ₹ 1,95,125 (For 13 Lot) |
| Employee Discount | NA |
| DRHP | View |
Data Patterns Ltd Financial Report of 2019,2020 & 2021
Company is consistently making profit for the last three years which is a positive sign for the investors.
| Year | Revenue | Expense | PAT (Profit After Tax) |
| 2021 | ₹ 227 | ₹ 152 | ₹ 54.62 |
| 2020 | ₹ 160 | ₹ 132 | ₹ 21.02 |
| 2019 | ₹ 133 | ₹ 122 | ₹ 7.19 |
Retail Investors, QIB & NII quota in Data Patterns IPO
Data Patterns IPO’s 50% quota is reserved for the QIB category. 15% quota is reserved for NII Category and 35% quota is reserved for retail investors.
How to Apply for Data Patterns IPO
- You can apply for the Data Patterns IPO through the ASBA facility available in your bank account.
- Just login to your online banking. GO to the IPO section and apply for Data Patterns IPO
- Also you can apply this IPO through your trading account
- One more way to apply in this IPO is through forms which you can download from NSE and BSE website.
- After downloading forms, fill it properly and submit it to the respective banks or to your broker.
How to apply for the Data Patterns IPO through Zerodha?
- Login to your console in Zerodha through desktop or app.
- Then go to your portfolio and click on IPO.
- You will see Data Patterns
- Then click on the bid button.
- After this enter your UPI ID, price and quantity (lot size)
- Click the submit button.
- At last you have to go to your UPI app to approve the mandate.
How to apply for the Data Patterns IPO through Upstox?
- Login to your Upstox account through desktop or app.
- You will see the name Data Patterns
- Then hit the bid button.
- Click the submit button.
- At last you have to go to your UPI app to approve the mandate.
Allotment Status For Data Patterns IPO
You can check Data Patterns IPO allotment status on Registrar and Transfer Agent Website
Also you can check the allotment status on NSE Website
Data Patterns IPO Promoters
- Srinivasagopalan Rangarajan
- Rekha Murthy Rangarajan
Data Patterns IPO Lead Managers
- IIFL Securities Ltd
- JM Financial Consultants Private Limited
Data Patterns IPO 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 Contact Information
Link Intime India Private Ltd
- Phone: +91-22-4918 6270
- Email: datapatterns.ipo@linkintine.co.in
- Website: https://linkintime.co.in/
Paisakaudi recommendation on Data Patterns IPO
Defence sector is growing. Data Patterns shows good revenue growth year on year. So this could be a good investment for long term. Keep checking the GMP and the subscription status.
I hope this covers all the topics on Data Patterns IPO. Please write in the comment box for any doubt. We will get back to you shortly.
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