Data Patterns Limited IPO 2021 India, Data Patterns IPO 2021 : Data Patterns is all set to open it’s IPO subscription in this week from December 14, 2021.
Data Patterns Limited, Incorporated in 1985, headquartered in Chennai, which is a Defence and Aerospace Electronic Solution company is aiming to raise Rs. 588.22 Crore from Data Patterns Limited Initial public offering.
Data Patterns IPO comprises worth Rs. 240 Crore fresh issue and the offer for sale for 5,952,550 Equity Shares which worths around Rs. 348.22 Crore.
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Data Patterns IPO 2021 All Details
| IPO Open Date | December 14, 2021 |
| IPO Close Date | December 16, 2021 |
| Issue Type | Book Built Issue IPO |
| Face Value | Rs. 2 per equity share |
| IPO Price | Rs. 555 to 585 per equity share |
| Market Lot | 25 Shares |
| Min Order Quantity | 25 Shares |
| Listing At | BSE, NSE |
| Issue Size | Worth Rs. 588.22 Crore |
| Fresh Issue | Worth Rs. 240.00 Crore |
| Offer for Sale | 5,952,550 Equity Shares (Worth Rs. 348.22 Crore) |
Data Patterns IPO 2021 Dates
| IPO Open Date | December 14, 2021 |
| IPO Close Date | December 16, 2021 |
| Allotment Date | December 21, 2021 |
| Initiation of Refunds | December 22, 2021 |
| Credit of Shares to Demat Account | December 23, 2021 |
| IPO Listing Date | December 24, 2021 |
Data Patterns IPO 2021 Fresh Issue vs OFS
The Data Patterns IPO comprises fresh issue as well as offer for sale which is in total aggregating upto Rs. 588.22 Crore.
- Fresh Issuance – Worth Rs. 240 Crore
- Offer for sale (Promotor’s) – 5,952,550 Equity Shares (Worth Rs 348.22 Crore)
Data Patterns IPO 2021 Lot Size
| Min/Max | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 25 | Rs. 14,625 |
| Maximum | 13 | 325 | Rs. 190,125 |
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Data Patterns IPO 2021 Allotment
The IPO allotment of Data Patterns is scheduled in the upcoming week on December 21, 2021 and the allotted shares will be credit into demat accounts on/by December 23, 2021.
Data Patterns IPO 2021 GMP Today
The grey market premium of Data Patterns IPO 2021 is around Rs. 560-580 on December 13, 2021. Data Patterns IPO GMP in percentage is around 96% – 99%.
- Data IPO GMP : Rs. 560-580 ( Dec 13)
Data Patterns IPO 2021 Issue Objectives
The Data Patterns Limited, aims to utilize the net proceed towards the following listed purposes.
- Prepayment or repayment of all, or a portion, of certain outstanding borrowings availed by the Company.
- Funding working capital requirements of the Company.
- Upgrading and expanding their existing facilities at Chennai.
- General corporate purposes
Data Patterns Company Financials
| Rs. 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 |
Data Patterns Company Promoters
The promotors of Data Patterns Limited include Srinivasagopalan Rangarajan (Chairman and Managing Director) and Rekha Murthy Rangarajan (Director).
Data Patterns Company Overview
Data Patterns Limited, incorporated in 1985, headquartered in Chennai, has since grown beyond being a simple boutique operator to a premium design, development and manufacturing house that provides safety and mission critical high reliability electronics in the defense, aerospace and meteorological domains. With a wide offering, and significant storehouse of reusable technology, ranging from building blocks such as COTS boards and FPGAs, on to advanced Line Replaceable Units, and further to well engineered systems, Data Patterns can crash design and supply times for quality advanced solutions.
Data Patterns has the largest portfolio of organically designed electronics in its class, and the fastest growing number of intellectual property concepts in the world in this same class. Proficiency across many platforms, design standards, and environments, make it a player that can adapt quickly to demands.
Data Patterns expertise includes radar, electronic warfare, rugged displays, fire control systems, launch vehicle check-outs, data buoys, satellite and launch vehicle sub systems, and Automatic Test Equipment (ATES) for these, and then some. Supporting software, for human and machine readable use, middle-ware and functional interfaces, besides board support packages and drivers are developed by an in-house team.
Data Patterns Limited has manufacturing facility which consists of 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.