Data Patterns Limited issued its Initial Public Offering (IPO) on December 21, 2021. Data Patters IPO received a massive response from investors when it announced that it was open for subscription on December 14, 2021. Data Patterns closed its IPO on December 16, 2021.
Data Patterns IPO is one of the four IPOs listed on the stock exchanges today. The other three include MapmyIndia, MedPlus Health, Metro Brands.
The bid price of Data Patterns IPO is Rs 585 per share. Its Face value is Rs 2 per equity share. The size of Data Patterns IPO is Rs 588.22 crore and will be listed at BSE and NSE. The lot size of the Data Patterns Limited IPO is 25 equity shares. Pre-issue shareholding of Data Patterns is 58.63%, and post-issue shareholding is 45.62%.
If you have invested in the Data Patterns IPO, then you can check the share application status in the following ways:
1. BSE Website
2. Registrar’s website
You can check IPO allotment status for Data Patterns on the BSE website by following the below steps:
Step 1: Go to the BSE website by clicking on the URL: https://www.bseindia.com/investors/appli_check.aspx
Step 2: It will show you the ‘Status of Issue Application’ page. On this page, you click the ‘Equity’ option.
Step 3: Select Data Patterns (India) from the drop-down adjacent to Issue Name.
Step 4: Enter your application number and PAN card number and click search. It will show you the status of your application.
You can also use Registrar’s website, Link Intime India, to check the allotment of Data Patterns IPO by following the below process:
Step 1. Go to the Link InTime website
Step 2: Select the ‘Data Patterns Ltd’ option from the drop-down list adjacent to Company.
Step 3: You need to enter either of the three modes: Application number, Client ID and PAN ID.
Step 4: Select between ASBA and non-ASBA application types.
Step 5: Enter details of the mode you have opted in Step 3, fill the captcha and enter the ‘Submit’ option.
The date of refund initiation for unsuccessful bidders of Data Patterns IPO is December 22, 2021, and the shares will be credited into the Demat Account on December 23, 2031. The shares of the IPO will be listed on December 24, 2021.
Data Patterns Limited was founded in 1985 and is one of the fastest-growing companies in the Defense and Aerospace Electronics sector and has proven its in-house designs and development capabilities. Data Patterns India Limited makes various products associated with defense and aerospace and provides services like software engineering, firmware engineering, environment testing, mechanical engineering, electronics hardware engineering, functional product testing, prototype design, and engineering services.
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The Company provides indigenous integrated and strategic defense and aerospace electronics solutions and thus benefits from the Indian government’s ambitious ‘Make In India’ scheme.