Data Patterns (India) IPO
Data Patterns (India) IPO — date, price band, lot size & details 2021
Data Patterns (India) listed on 24 Dec 2021 at ₹856.05, 46.3% above the ₹585 issue price.
Data Patterns is a vertically integrated defence and aerospace electronics solutions provider for space, air, land and sea platforms. Its total income was Rs 226.55 crore in FY2021.
Stock price
Data Patterns (India) is listed — here is the live share price.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
Timetable
Key dates from opening to listing. Today is 14 November.
- Open 14 Dec 2021
- Close 16 Dec 2021
- Allotment 21 Dec 2021
- Refund/credit 22 Dec 2021
- Listing 24 Dec 2021
Issue summary
The terms of the offer, as filed.
| IPO Dates | 14 to 16 Dec, 2021 |
|---|---|
| Price Band | ₹555 – ₹585 |
| Face Value | ₹2 |
| Lot Size | 25 Shares |
| Issue Size | ₹588.22 Cr |
| Sale Type | Fresh capital cum OFS |
| Listing On | BSE, NSE |
| Registrar | MUFG Intime India Private Limited |
| Min Investment | ₹ 14,625 |
Share of the offer set aside for each investor category, as stated in the offer document.
What will it cost me?
Bidding is in multiples of 25 shares at the ₹585 cut-off. Drag to size your application.
| 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 |
Strengths & risks
Drawn from the offer document — the case for and against, side by side.
Strengths · 5
- 01Total income rose from Rs 132.51 crore in FY2019 to Rs 226.55 crore in FY2021.
- 02Profit after tax rose from Rs 7.70 crore in FY2019 to Rs 55.57 crore in FY2021.
- 03Net profit grew about 164% between Fiscal 2020 and Fiscal 2021, as per the F&S report in the RHP.
- 04EBITDA rose from Rs 26.99 crore in FY2019 to Rs 94.59 crore in FY2021.
- 05Rs 240.00 crore of fresh capital was raised for debt repayment, working capital and facility upgrades.
Risks · 5
- 01Orders come mainly from defence and space agencies, so delays in government programmes can move results. Total income was only Rs 97.17 crore in the six months to 30 September 2021.
- 02The pre-issue P/E was 50.3 at the upper band of Rs 585, based on EPS of Rs 11.63.
- 03Total borrowing rose from Rs 33.22 crore on 31 March 2021 to Rs 52.42 crore on 30 September 2021.
- 04Its single plant in Chennai handles all manufacturing, on 5.75 acres of land.
- 05Promoters and the promoter group held 58.63% before the issue and 42.41% after it.
Three years of numbers
All figures in ₹ crore, as reported in the Data Patterns (India) offer document.
| Metric | 30 Sep 2021 | 31 Mar 2021 | 31 Mar 2020 | 31 Mar 2019 |
|---|---|---|---|---|
| Assets | 355.80 | 328.37 | 295.36 | 277.43 |
| Total Income | 97.17 | 226.55 | 160.19 | 132.51 |
| Profit After Tax | 23.21 | 55.57 | 21.05 | 7.70 |
| EBITDA | 38.55 | 94.59 | 47.25 | 26.99 |
| NET Worth | 216.32 | 207.47 | 153.19 | 132.59 |
| Reserves and Surplus | 207.28 | 206.07 | 151.80 | 131.19 |
| Total Borrowing | 52.42 | 33.22 | 60.57 | 60.13 |
See how this IPO compares — view listing performance of all mainboard IPOs.
Valuation & key ratios
Ratios are for the latest full financial year reported in the Data Patterns (India) RHP. EPS and P/E are post-issue — the table below carries the pre-issue comparison.
Data Patterns (India) IPO Valuation
How the issue prices the company before and after the fresh shares are created.
| Valuation Metric | Pre-Issue | Post-Issue |
|---|---|---|
| EPS (₹) | ₹11.63 | ₹8.95 |
| P/E Ratio (x) | 50.30 | 65.36 |
| Market Cap at Offer Price (₹ Cr) | ₹1,167.48 | ₹1,517.08 |
Pre-issue figures use the shareholding reported in the RHP; post-issue figures use the shareholding once the fresh issue has created new shares. The two differ because of that dilution and because post-issue earnings per share are often annualised, so the change can run in either direction. Market capitalisation is calculated at the ₹585 offer price. Compare the post-issue P/E against listed peers before deciding — a premium there is growth you are paying for in advance.
Where the money goes
₹281.12 Cr of the issue is earmarked to named objects.
Data Patterns (India) IPO Anchor Investors
23 anchor investors across 14 fund houses committed ₹176.46 Cr a day before the issue opened.
Anchor investors bid a day before the issue opens and are locked in after allotment, so a book weighted towards domestic mutual funds is generally read as a stronger signal than one filled by short-horizon funds. Browse every anchor investor scheme or fund house we track.
About the company
It serves the indigenously developed defence products industry across space, air, land and sea platforms. Its skills cover electronic hardware, software, firmware and mechanical design, prototyping, testing and validation, and engineering services.
Its plant in Chennai is a 100,000 square feet factory on 5.75 acres of land, with facilities for design, manufacturing, qualification and life cycle support of high-reliability electronic systems.
The IPO was Rs 588.22 crore, with Rs 240.00 crore of fresh issue and Rs 348.22 crore of offer for sale. Rs 95.19 crore was planned for working capital and Rs 59.84 crore for upgrading its Chennai facilities.
Interested in this IPO? Check the live subscription status or browse all upcoming mainboard IPOs.
The bankers & the filings
Who is running the book, and the documents this page is built from.
Data Patterns (India) IPO Documents
Read the filings this page is built from.
Lead Manager Track Record
How the book-running lead managers on this issue have priced their past IPOs, measured on listing day.
JM Financial Ltd.
172 issues handledBest listing: Tata Technologies (+140.0%). Weakest: ACME Solar Holdings (-13.1%).
IIFL Capital Services Limited
146 issues handledBest listing: Unicommerce eSolutions (+117.6%). Weakest: ICICI Securities (-16.3%).
Listing gain compares the listing-day opening price with the issue price, using the IPOs on IPO Guru that this lead manager has taken to market. A strong record reflects how the banker has priced past issues — it is not a forecast for this one. See every issue they have handled on the lead managers page.
Company contact
Frequently asked
What is the GMP of Data Patterns (India)?
The current Grey Market Premium is ₹280, or 48% over the issue price.
What is the Data Patterns (India) IPO price band?
₹555 to ₹585, on a face value of ₹2.
When is the allotment?
The basis of allotment is 21 December 2021, with listing on 24 December 2021.
How do I check allotment status?
On the IPO Guru allotment page or on the registrar's site — MUFG Intime India Private Limited.
Every number here traces back to a filing.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Every number on this page is sourced from the RHP, BSE & NSE.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
