Company Background
The company was incorporated in 1985. It is into defense and aerospace electronics solutions. They offer products to the entirety of defense and aerospace platforms that includes air, land and water. It is one of the fastest growing companies in the aerospace and defense electronics sector, in the country. The company offers products to the entire spectrum of defense and aerospace platforms - space, air, land and sea. The company has proven in-house design and development capabilities and experience of more than three decades
Business Information
Between Fiscal 2019 and Fiscal 2021, it is amongst the highest growing companies in terms of revenues amongst key Indian defence and aerospace companies Between Fiscal 2019 and Fiscal 2021, it is amongst the highest growing companies in terms of revenues amongst key Indian defence and aerospace companies during this time . As of, 2021, Data Patterns had 760 employees with more than 450 skilled engineers. 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 etc,
Facts about the company
Data Patterns is the fastest-growing company in defence and aerospace electronics solutions developments sector
The company currently has orders worth Rs. 581 cr. on hand which includes marquee customers that include the Indian Government Defense ministry, BrahMos, DRDO, HAL, BEL and a DPSU
Data Patters plans on adding 2.81 acres of land as an expansion project.
The company has to comply with strict government rules, licenses and permits
. The company promoters are Rekha Murthy Rangarajan, Srinivasagopalan Rangarajan.
Points to Note before investing in Data Patterns IPO
The company has a very skillful workforce and a very experienced management team
The company focuses on in-house development and manufacturing which helps them be more innovative
Till date, Data Patterns has had a Track record of profitable growth
DPIL has end-to-end capabilities to build and deliver complete systems.
The company is bound to benefit from the “Make in India” opportunity because the Indian Defence industry is now growing at a good pace.
IPO Opening Date | Dec 14, 2021 |
IPO Closing Date | Dec 16, 2021 |
Issue Type | Book Built Issue IPO |
Face Value | ₹2 per equity share |
IPO Price | ₹555 to ₹585 per equity share |
Market Lot | 25 Shares |
Min Order Quantity | 25 Shares |
Listing At | BSE, NSE |
Allotment, Listing and Refund Details
Basis of Allotment Date | Dec 21, 2021 |
Initiation of Refunds | Dec 22, 2021 |
Credit of Shares to Demat Account | Dec 23, 2021 |
IPO Listing Date | Dec 24, 2021 |
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