Data Patterns IPO is going to open on 14th DEC 2021. It was Founded by former table tennis champion Srinivasagopalan Rangarajan, established in the year 1985.
It specifically deals with electronic equipment for the defense and aerospace sector.
The company offers products and solutions to the entire spectrum of defense and aerospace platforms. This includes space, land, air, and sea.
Compared to the overall industry, the company has done well with a higher EPS, EBITDA margin, ROCE, and ROE among key Indian defense and aerospace sectors for the FY21. All in all the company has a track record of profitable growth.
Vision:
The company’s main aim is to be a leader in Indian Defence and Aerospace Company allowing and enabling India’s self dependence in Defence. Initiate n set up India’s foot print in the global defence market.
Data Patterns Company Promoters:
Srinivasagopalan Rangarajan and Rekha Murthy Rangarajan.
Data Patterns IPO Timeline
| IPO opens | IPO Ends | Allotment Begins | Refund Initiation | Allotment Date | Listing on Exchange |
|---|---|---|---|---|---|
| 14th Dec 2021 | 16th Dec 2021 | 21st Dec 2021 | 22nd Dec 2021 | 23rd Dec 2021 | 24th Dec 2021 |
Data Patterns IPO Details
Face Value Rs2 per equity share
IPO price Range Rs.555 to Rs.585 per equity share
QIB shares offered: Not more than 50%
Retail shares offered: Not less than 35%
HNI shares offered: Not less than 15%
Data Patterns IPO Lot Size(Retail Individual Investors)
The Data Patterns IPO lot size is 25 shares. A retail individual investor can apply for a maximum of 13 lots or in a total of 325 shares.
| Applications | Lots | Shares | Amount(Cut-Off) |
| Minimum | 1 | 25 | RS.14,625 |
| Maximum | 13 | 325 | RS.190,125 |
Data Patterns IPO Review
Looking at its financial track records, profitable growth, highly skilled technology, and its core spending on this sector by the Government and its running GMP at Rs.560, you may consider an investment with a short-medium-long term perspective.
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/
Company Contact Details
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/