
Information Technology · NSE / BSE
Data Patterns is a leading defense and aerospace electronics solutions provider, offering a comprehensive range of products across space, air, land, and sea platforms. The company specializes in electronic hardware, software, and firmware development, as well as mechanical design, product prototyping, and functional testing. Its state-of-the-art manufacturing facility in Chennai spans 100,000 square feet and is equipped for the design, manufacturing, and lifecycle support of high-reliability electronic systems. To support future growth, the company plans to expand by acquiring an additional 2.81 acres of adjacent land. As of July 31, 2021, Data Patterns had a strong workforce of 760 employees, including more than 450 highly qualified engineers.
Price Band
₹555 – ₹585
Issue Size
₹588 Cr
Lot Size
25 shares
GMP
+54.7%
Est. Listing
₹905
at current GMP
Subscribed
—
Open
14 Dec 2021
Close
16 Dec 2021
Allotment
21 Dec 2021
Refund
22 Dec 2021
Demat Credit
23 Dec 2021
Listing
24 Dec 2021
Designated Registrar: Link Intime India Private Limited
Allotment Date
21 Dec 2021
Basis finalization
Refunds Initiate
22 Dec 2021
Mandate release
Demat Credit
23 Dec 2021
Shares in demat
Listing Debut
24 Dec 2021
Trading begins
Data Patterns (India) Limited is bringing an initial public offering (IPO) in the Information Technology sector with an aggregate issue size of ₹588.22 Crores. The shares are offered at a price band of ₹555 to ₹585 per equity share on NSE and BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 25 shares (approx. ₹14,625 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Link Intime India Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2021-12-23, while un-allotted funds or UPI block mandates will be released on 2021-12-22.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.