Hello viewers, we have got a Data Patterns IPO review of a company named, Data Pattern Private Limited. As per the sources, the company has officially announced Issue IPOs in the share market on December 14 and will close on December 16. This time company is going to raise around ₹588 crores through IPO and issue ₹240 crores and offer for sale up to 5,952,550 equity shares of ₹2 each.
The quota for retail investors is 35%, QIB is 50% and HNI is 15%. If you want to know that it would be right and beneficial to invest in it or not. Then, the first thing you need to know is about company lot size as well as its price. So, stay with us till the end.
Data Patterns IPO Review & All Details
Let’s start with the company’s important details. Data Pattern is a private corporation that was legally registered in the year 1995. The company deals with defence and aerospace electronics solutions. They render their service to the defence products industry.
They have been working for 2 decades in the industry with the broad capability to develop and manufacture any high-tech advanced products. The company has expertise in its field so much that they have earned a reputation in the domain market for years.
The product range includes COTS Boards, ATE & Test systems, RF & Microwave, Electronic Warfare, Cockpit & Rugged Display, Radar and Radar Subsystems, Identity Friend & Foe, Avionic System, Laser, and Electro-Optics system, Space systems, Power supply, Naval Systems, communication products, Launch Fire control system, High-Speed processors, Digital IF processors & Waveform generators, Console, Navigation System, software and Application Products.
Their services also include ATE/ Functional Test Equipment, FPGA Service, Software Services. Check the IPO details of the Data Pattern below.
Data Patterns IPO Date, Price, & GMP
| 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 | No less than 35% of the offer |
| NII (HNI) Shares Offered | No less than 15% of the offer |
Data Patterns IPO Market Lot Size & Price
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 Date, Time Table, Allotment & Listing
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 |
| The credit of Shares to Demat Account | Dec 23, 2021 |
| IPO Listing Date | Dec 24, 2021 |
Data Patterns Company Financial Report
| ₹ in crores | |||
| Income | Expense | Profit After Tax | |
| 2019 | ₹133 | ₹122 | ₹7.19 |
| 2020 | ₹160 | ₹132 | ₹21.01 |
| 2021 | ₹227 | ₹152 | ₹54.62 |
Also Read: – MapmyIndia IPO Date, Price, GMP, Subscription Status, Analysis, Allotment, Review, & All Details
Data pattern Private Limited main goal is to render a defence mechanism to the industry and that is the company’s strength. As per the company financial structure of including this year, the company comes with a strong price tag. That means both medium and long-term investments could be interested to invest in it. We hope that it would be helpful for you. For more company IPOs reviews keep following us All Social Updates.