Data Patterns IPO GMP, Data Patterns IPO Grey Market Premium, IPO Date

Data Patterns IPO GMP, Data Patterns Grey Market Premium Latest Update

Know All basic details about Data Patterns IPO: Data Patterns IPO GMP (Data Patterns Grey Market Premium Today), Data Patterns IPO Date, Data Patterns IPO Review, Data Patterns IPO Benefits & Risks. We will update Data Patterns Limited Gray Market Premium daily. Also, all information related to Data Patterns IPO like price band, all dates, issue size and retail parts etc. All the important information about Data Patterns IPO is given below.

Data Patterns IPO

Data Patterns IPO will open on 14 December 2021 and close on 16 December 2021. The price band of the IPO is ₹555 to ₹585. The company is looking to raise around ₹700 crores through an initial public offering (IPO). Data Patterns specializes in electronic hardware design and development, software design and development, firmware design and development, mechanical design, and manufacturing of various products used in the fields of defense and aerospace.

The company has performed well in the last three financial years. In the financial year 2021, the company's profit has increased at the rate of 150% as compared to the year 2020. In this IPO, about ₹300 crore shares will be sold under fresh issue and the rest (Approx 6,070,675 equity shares) will come under OFS. The IPO of Data Patterns will be listed on NSE and BSE. 

We will talk about Data Patterns financial, benefits, and risks of investing in the company. Also will know about Data Patterns business model.

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What is Data Patterns IPO GMP Today?

Data Patterns IPO GMP is ₹250.

What is the Data Patterns IPO Date?

Data Patterns IPO Opening date is 14 December 2021.

What is Data Patterns IPO Expected Return?

Data Patterns IPO Expected Returns is approx 80%.

About Data Patterns

Data Patterns was established in the year 1985. The company primarily provides a defense and aerospace electronics solution, as well as indigenously develops and manufactures defense products. If we look at the company's financials, then the company's financial track record is quite good.

Data Patterns offers its products for defense and aerospace platforms such as space, air, land, and sea. Data Patterns develops and manufactures its products mainly involved in Electronic Hardware Design and Development, Software Design and Development, Firmware Design and Development, Mechanical Design, etc.

The company's clients include the following major companies: Bharat Electronics, Government of India Space Organization, Bharat Dynamics Limited, Naval Aircraft Yard Cochin and Goa, Hindustan Aeronautics Limited, INS Garuda, Indira Gandhi Center for Atomic Research, National Institute of Ocean Technology, Indian Institute of Technology (IIT), Electronics Corporation of India Limited, Madras Institute of Technology (MIT), Electronics Corporation of India Limited (ECIL), BrahMos Aerospace Limited, Defense Avionics Research Establishment, Instruments R&D Establishment, etc.

The company's products include:

• Console
• COTS Boards
• Power Supply
• Space Systems
• Naval Systems
• RF & Microwave
• Avionic Systems
• Navigation System
• Electronic Warfare
• Identify Friend & Foe
• ATE & Test Systems
• High-Speed Processors
• Communication Products
• Cockpit & Rugged Displays
• Radar and Radar Subsystems
• Software & Application Products
• Laser and Electro-Optic System
• Launch and Fire Control Systems
• Gimbal and Actuator Controller Products
• Digital IF Processors & Waveform generators

Important Links:

• Data Patterns Website
• Data Patterns DRHP
• Data Patterns RHP

Purpose of the offer 

• To prepay or repay all or some of the outstanding borrowings taken by the company.
• The company is looking to finance its working capital requirements.
• The company is looking to upgrade and expand the existing facilities in Chennai.
• To meet common corporate objectives.

Data Patterns GMP Today (Grey Market Premium)

DATE	GMP	KOSTAK	Subject to Sauda
23 December	₹250	₹200	₹5000
22 December	₹230	₹200	₹5000
21 December	₹280	₹200	₹5000
20 December	₹280	₹200	₹5000
19 December	₹300	₹200	₹5000
18 December	₹320	₹200	₹5000
17 December	₹450	₹500	₹10000
16 December	₹550	₹500	₹10000
15 December	₹550	₹500	₹10000
14 December	₹580	₹500	₹10000
13 December	₹550	₹500	₹9000
12 December	₹500	₹-	₹-
11 December	₹500	₹-	₹-
10 December	₹400	₹-	₹-
09 December	₹250	₹-	₹-
08 December	₹250	₹-	₹-
07 December	₹-	₹-	₹-
06 December	₹+	₹-	₹-
05 December	₹-	₹-	₹-

Data Patterns IPO Date and  Price Band Details

Data Patterns IPO open date: 14 December 2021, Closing date: 16 December 2021, and Listing date: 24 December 2021. The price band of Data Patterns IPO is ₹555 to ₹585 per share. Data Patterns IPO issue size is Rs 700 crores. Data Patterns Ipo retails portion is 35%, QIB Portion is 50%, and NII Portion 15%.

IPO Open:	14 December2021
IPO Close:	16 December 2021
Listing Date:	24 December 2021
Listing On:	NSE & BSE
IPO Size:	Approx ₹700Crores
Fresh Issue:	Approx ₹300 Crores
Offer For Sale:	Approx  6,070,675 Eq Shares
Price Band:	₹555 to ₹585 per share
Face Value:	₹2/Equity share
QIB Portion:	50%
Retail Portion:	35%
NII Portion:	15%

Data Patterns IPO Market Lot & Size

Data Patterns IPO minimum lot size is 25 shares with ₹-14,625 application amount and the maximum lot size is 325 shares with ₹190,125 application amount.

Minimum Lot:	01
Minimum Lot Size:	25 Shares
Minimum Amount:	₹14,625
Maximum Lot:	13
Maximum Lot Size:	325 Shares
Maximum Amount:	₹190,125

Data Patterns IPO Allotment & Listing Date

Ipo Opening Date:	14 December 2021
IPO Closing Date:	16 December  2021
Basis of Allotment:	21 December  2021
Refund Date:	22 December  2021
Credit to Demat Account:	23 December  2021
Listing Date:	24 December  2021

Data Patterns IPO Review

HappiestPost View: You can apply for listing gains as well as long term.

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• Ventura Securities Limited: To be updated
• GEPL Capital Ltd: To be updated soon

Data Patterns Ipo Review

Review For Listing Gain

Review For Short term

Review For Long term

Strength

• Data Patterns provides defense and aerospace electronics solutions comprising of both software and hardware and the company is also leveraging the Make in India opportunity.
• The company's business model is innovation-based.
• The company has many reputed clients which include Bharat Electronics, Bharat Dynamics Limited, Naval Aircraft Yard Cochin and Goa, Hindustan Aeronautics Limited, Indira Gandhi Center for Atomic Research, Indian Institute of Technology (IIT), Madras Institute of Technology (MIT), etc.
• The financial track record of the company has been excellent.
• The company has an experienced management team and a skilled workforce consisting of 760 employees with more than 450 qualified engineers.
• The area of ​​Defense and Aerospace is going to grow a lot in the future.

Risks

• Losing or slowing down their design and engineering and production facilities can have a significant negative impact on their business.
• The COVID-19 pandemic will have an impact on the Company's operations and business.
• The company has been unable to successfully manage its expansion.
• It has to be seen whether the company maintains long-term relationship with its customers or not.
• Any failure or interruption in the systems of the products they manufacture may have a negative impact on the company's business as well as affect the company's brand name.
• They will always have to arrange for financing to run the company.

Data Patterns Financials

Data Patterns Financials (in Crores)

Year	Total Assets	Revenue	Profit
2019	₹133	₹122	₹7
2020	₹160	₹132	₹21
2021	₹227	₹152	₹54

Promotors

The promoters of the company are:

• Srinivasagopalan Rangarajan
• Rekha Murthy Rangarajan

Contact Details of Data Patterns

Data Patterns Limited

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/

Lead Managers

• IIFL Securities Limited
• Data Patterns IPO Lead Managers
• JM Financial Consultants Private Limited

Data Patterns IPO Registrars

Link Intime India Private Limited

C-101, 1st Floor, 247 Park,

Lal Bahadur Shastri Marg,

Vikhroli (West),

Mumbai 400 083, Maharashtra, India

Telephone: +91 22 4918 6000

E-mail: datapatterns.ipo@linkintine.co.in

Website: www.linkintime.co.in

Conclusion

Data Patterns provides an indigenously developed defense and aerospace electronics solution. Considering that the recently listed Paras Defense and Space Technologies Limited has given excellent listing gains, Data Pattern Limited also appears to be a very good company from the listening perspective and long term. If we look at the financials of the company, then the company has performed very well. If you are thinking of applying for IPO or investing in the company then this can be a good idea.

Data Patterns IPO GMP FAQs

What is Data Patterns IPO GMP Today?

Data Patterns IPO GMP is ₹250 as of today.

What is Data Patterns IPO Opening Date?

Data Patterns IPO Opening date is 14 December 2021.

What is Data Patterns IPO Closing Date?

Data Patterns IPO Closing date is 16 December 2021.

What is the Data Patterns IPO Allotment date?

Data Patterns IPO Allotment Date is 21 December 2021.

What is Data Patterns IPO Listing Date?

Data Patterns IPO Date is 24 December 2021.

What is Data Patterns IPO Kostak Rate?

Data Patterns IPO Kostak rate is ₹300.

What is Data Patterns IPO Expected Returns?

Data Patterns IPO Expected Returns is 80%.

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For other important information related to the stock market and Grey Market Premium, Costak rate, you can click on the links given below.  

How to Apply the Data Patterns Ltd IPO with Zerodha?

1. Open your Zerodha kite app and visit the Account tab, then see for console and click on IPO. 

2. If you are a Desktop user then Log in to Console on Zerodha Website. Go to Portfolio and Click on IPO. 

3. You will see the IPO name "Data Patterns Ltd". 

4. Then, Click on Bid Button.

5. Then, Enter your UPI ID.

6. Then, Fill in Quantity and Price. (we recommend, you should choose the cutoff price.) 
7. Then Submit the IPO Application Form. 
8. Now go to your UPI App (PhonePe, Google Pay, etc)  or BHIM App to Approve the mandate.

Disclaimer

1. We are not involved in grey market trading in any way. And do not provide the facility to buy or sell IPO form of any IPOs.
2. Reference to IPO Gray Market Premium (IPO GMP) is valid only for the date specified in the header, we are not involved in the buy or sell of IPO form.
3. Do not decide to subscribe to an IPO solely on the basis of GMP (Grey market premium), as this may change at any time prior to listing. Do research about the fundamentals and financial details of companies before subscribing.

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