Data patterns ipo

Data Patterns IPO

1. Data patterns IPO

2. Introduction about the company Data Patterns is a defense and aerospace electronics solutions provider Caters to indigenously developed defense products industry. Core competencies include electronic hardware design and development, software design and development, firmware design and development, mechanical design and development, product prototype design and development, functional testing and validation, environment testing and verification, and engineering services opportunities. Company's manufacturing facility consists of a 100,000 square feet factory built on 5.75 acres of land in Chennai

3. Promoter holdings Srinivasagopalan Rangarajan and Rekha Murthy Rangarajan are the company promoters Holdings prior to IPO issue- 58.63% Holdings post to IPO issue- 45.62%

4. Objects of IPO Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the company. Funding working capital requirements of the company Upgrading and expanding company’s existing facilities at Chennai.

5. IPO details IPO opening date- 14/12 /2020 IPO closing date- 16/12 / 2020 Issue type- book building issue Face value - Rs 2 per equity share Band price- Rs 555 to Rs 585 per share Market lot size - 25 shares Minimum order quantity- 25 shares Listing at bse and nse

6. Details about issue size Issue size of Rs.2 aggregating to Rs.588.22 cr Of Which fresh issue aggregating to Rs.240 cr Balance representing Offer for sale by existing shareholders aggregating to Rs.322.22 cr [5952550 shares] Of shares offered for sale 50% represent QIB’s i.e 2976275 shares which are further classified in to Retail shares and HNI shares as 35% and 15% resp. Maximum lot size is 13 lots amounting to 325 shares

7. Dates relating to IPO… Basis of Allotment Date- 21/12/2021 Initiation of Refunds- 22/12/2021 Date of credit of shares to Demat A/c- 23/12/2021 Listing Date- 24/12/2021

8. Subscription Status as on closing of IPO

9. M ulti bagger prospects The entity is sufficing the needs of indigeneously developed defence industries Make in India initiative may give a good impetus to its growth Govt steps out an extensive support in the form of budget allocation which may also be a good support to its growth Company leveraging technology always a step ahead

10. THANKS