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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.
| 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 Sale | 5,952,550 shares of ₹2 (aggregating up to ₹348.22 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 47,784,086 |
| Share holding post issue | 51,886,650 |
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 Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | - | NA |
| QIB Shares Offered | 1,958,847 (27.60%) | NA |
| NII (HNI) Shares Offered | 1,541,532 (21.72%) | |
| Retail Shares Offered | 3,596,906 (50.68%) | 143,876 |
| Total Shares Offered | 7,097,285 (100%) |
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 |
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 | |||
Srinivasagopalan Rangarajan and Rekha Murthy Rangarajan are the company promoters.
| Share Holding Pre Issue | 58.63% |
| Share Holding Post Issue | 45.62% |
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:
| 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;
[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...
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)
| Category | Subscription (times) |
|---|---|
| QIB | 190.86 |
| NII | 254.22 |
| Retail | 23.14 |
| Total | 119.62 |
| Listing Date | December 24, 2021 |
| BSE Script Code | 543428 |
| NSE Symbol | DATAPATTNS |
| ISIN | INE0IX101010 |
| Final Issue Price | ₹585 per share |
| 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 |
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/initial_offer/public-issues.html
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
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.
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NKJ| Link | Bookmark |December 24, 2021 4:57:43 PMAny suggestions? (Except transferring fund to you :), serious suggestions pls.