Free Equity Delivery
Flat ₹10 per Trade in Intraday & F&O
Data Patterns IPO is a book build issue of ₹588.22 crores. The issue is a combination of fresh issue of 0.41 crore shares aggregating to ₹240.00 crores and offer for sale of 0.60 crore shares aggregating to ₹348.22 crores.
Data Patterns IPO bidding started from Dec 14, 2021 and ended on Dec 16, 2021. The allotment for Data Patterns IPO was finalized on Dec 21, 2021. The shares got listed on BSE, NSE on Dec 24, 2021.
Data Patterns IPO price band is set at ₹585.00 per share . The lot size for an application is 25. The minimum amount of investment required by an retail is ₹13,875 (25 shares). The lot size investment for sNII is 14 lots (350 shares), amounting to ₹2,04,750, and for bNII, it is 69 lots (1,725 shares), amounting to ₹10,09,125.
IIFL Capital Services Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of 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 |
| Issue Price Band | ₹555 to ₹585 per share |
| Issue Price Final | ₹585 per share |
| Lot Size | 25 Shares |
| Sale Type | Fresh Capital-cum-Offer for Sale |
| Total Issue Size | 1,00,55,114 shares (aggregating up to ₹588.22 Cr) |
| Fresh Issue | 41,02,564 shares (aggregating up to ₹240.00 Cr) |
| Offer for Sale | 59,52,550 shares of ₹2 (aggregating up to ₹348.22 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 4,77,84,086 shares |
| Share Holding Post Issue | 5,18,86,650 shares |
Data Patterns IPO offers total 1,00,55,114 shares. Out of which 50,27,556 (50.00%) allocated to QIB, 20,11,023 (20.00%) allocated to QIB, 15,08,268 (15.00%) allocated to NII, 35,19,290 (35.00%) allocated to RII and 30,16,533 (30.00%) allocated to Anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| QIB Shares Offered | 50,27,556 (50.00%) | NA |
| − Anchor Investor Shares Offered | 30,16,533 (30.00%) | NA |
| − QIB (Ex. Anchor) Shares Offered | 20,11,023 (20.00%) | NA |
| NII (HNI) Shares Offered | 15,08,268 (15.00%) | NA |
| Retail Shares Offered | 35,19,290 (35.00%) | 1,40,771 |
| Total Shares Offered | 1,00,55,114 (100.00%) |
Data Patterns IPO raises ₹176.47 crore from anchor investors. Data Patterns IPO Anchor bid date is December 13, 2021. Data Patterns IPO Anchor Investors list
| Bid Date | December 13, 2021 |
| Shares Offered | 30,16,533 |
| Anchor Portion Size (In Cr.) | 176.47 |
| Anchor lock-in period end date for 50% shares (30 Days) | January 20, 2022 |
| Anchor lock-in period end date for remaining shares (90 Days) | March 21, 2022 |
Data Patterns IPO opens on December 14, 2021, and closes on December 16, 2021.
| IPO Open Date | Tue, Dec 14, 2021 |
| IPO Close Date | Thu, Dec 16, 2021 |
| Tentative Allotment | Tue, Dec 21, 2021 |
| Initiation of Refunds | Wed, Dec 22, 2021 |
| Credit of Shares to Demat | Thu, Dec 23, 2021 |
| Tentative Listing Date | Fri, Dec 24, 2021 |
| Cut-off time for UPI mandate confirmation | 5 PM on Thu, Dec 16, 2021 |
Investors can bid for a minimum of 25 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 25 | ₹14,625 |
| Retail (Max) | 13 | 325 | ₹1,90,125 |
| S-HNI (Min) | 14 | 350 | ₹2,04,750 |
| S-HNI (Max) | 68 | 1,700 | ₹9,94,500 |
| B-HNI (Min) | 69 | 1,725 | ₹10,09,125 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
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...
| Listing Date | December 24, 2021 |
| BSE Script Code | 543428 |
| NSE Symbol | DATAPATTNS |
| ISIN | INE0IX101010 |
| Final Issue Price | ₹585 per share |
| BSE Listing Group | B |
Data Patterns (India) Ltd.
Plot H9, Fourth Main Road,
SIPCOT IT Park, Siruseri, Chennai 603103,
Tamil Nadu, India
Chennai, Tamil Nadu
Phone: +91 44 4741 4000
Email: manvi.bhasin@datapatterns.co.in
Website: https://www.datapatternsindia.com/
MUFG Intime India Pvt.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 1,00,55,114 equity shares of the face value of ₹2 aggregating up to ₹588.22 Crores. The issue is priced at ₹585 per share. The minimum order quantity is 25.
The IPO opens on December 14, 2021, and closes on December 16, 2021.
MUFG Intime India Pvt.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, and the minimum amount required for application is ₹14,625.
You can apply in Data Patterns IPO online using either UPI or ASBA as a 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 applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, 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.
The Data Patterns IPO listing date is on Friday, December 24, 2021.
Useful Articles
RHP