Data Patterns (India) Limited IPO Message Board (Page 24)

Price band ?

price band sh480 - 495

Price band 485 - 495 as per data

“The company will soon file its red herring prospectus with the registrar of companies, most likely by the end of this week and will look to launch its IPO by mid-December. The IPO pricing could be similar to the pre-IPO placement or at a slight premium, though it is yet to be finalized,"
Mint

We don''t have to look anywhere, after Tega this is the IPO to go for.

Retail is 35% which is good
pricing should be reasonable to leave something on the table for the investors also.

Important Details:
Another Defence product manufacturer and supplier.
Vast experience in this domain to provide high-quality and high-reliability products.
The manufacturing facility of 100,000 square feet factory.

The PAT looks strong at Rs 54.62 crores against Rs 21.01 crores. The PAT grew up by 150% in 2021 against 2020.

The revenues also improved 42% at Rs 227 crores in 2021 against Rs 160 crores in 2020.
Strength: 760 employees with more than 450 qualified engineers

Big Clients: Bharat Dynamics Limited, Bharat Electronics, Indian Government Space Organization, Naval Aircraft Yard Cochin & Goa, INS Garuda, INS Kunjali, Weapons and Electronics Systems Engineering Establishment (WESEE), Honeywell, Bangalore, Indra Gandhi Centre for Atomic Research, National Institue of Ocean Technology, Electronics Corporation of India Limited, Indian Institute of Technology, Madras Institute of Technology, Electronics Corporation of India Limited(ECIL), Brahmos Aerospace Limited, Defence Avionics Research Establishment, Hindustan Aeronautics Ltd, Instruments R & D Establishment, Mazagon Dock Limited, Naval Science & Technological Laboratory, Program Air Defence, Research Center Imarat, Terminal Ballistics Research Laboratory, SPIC and more.

Solid financial..again allotment in retail will be difficult

QIB 50%
HNI 15%
RETAIL 35%

Next paras defense

As per figures Company is small and making profits. Growth is fast and as Indian Aerospace Industry is catching up these companies if have capabilities can do wonders.

IPO date (Tentative)
8th to 10th Dec.

I do feel that this IPO should turn out to be good...once other details come out.

Is this something like ParasDSTL.....?