Data Patterns India Limited
listed
₹13,875Min. investment
Data Patterns India Limited IPO Details
Issue size
₹588Cr
IPO type
Mainboard
Price range
₹555 – ₹585
Listing date
24 Dec 2021
Lot size
25 shares
RHP/DRHP
Read
Price range₹555 – ₹585
IPO type
Regular
Lot size25 shares
Issue size₹588Cr
RHP/DRHP
Read
Data Patterns India Limited Timeline
- Bid start14 Dec 2021
- Bid end16 Dec 2021
- Allotment16 Dec 2021
- Release of funds22 Dec 2021
- Demat transfer21 Dec 2021
- Listing24 Dec 2021
Founded by former table tennis **** champion and an IIT-Madras graduate Srinivasagopalan Rangarajan, Data Patterns makes electronics for the defence and aerospace sector. It has a consistent track record of profitable growth, which is supported by a scalable business model. Its ₹580 crore order book is nearly 2.5 times its FY21 revenues. Data Patterns is all set to launch a ₹588 crore IPO and list on the exchanges soon.
Key highlights
- Offers a wide range of strategic defence and aerospace electronics solutions
- Builds systems which are used in various programmes and platforms including BrahMos missile programme
- Makes complex technology-based products, providing it a moat
Strengths
- Offers products and solutions across the entire spectrum of defence and aerospace platforms - space, land, air and sea
- Recorded the highest EBITDA margin, ROCE and ROE among key Indian defence and aerospace companies in FY21
Risks
- High dependence on contracts from the government sector. In FY21, 52% of its sales came from government entities
- Limited number of customers. Around 89% of its revenue came from five customers in FY21
Good to know
India is one of the top five defence spenders in the world currently. Also, India’s defence electronics market is expected to grow from $1.8 billion in 2021 to $6.9 billion in 2030. This could also be beneficial for the company.
Checklist
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Data Patterns India Limited Contact Details
Company NameData Patterns India Limited
How to apply for Data Patterns India Limited?
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- Step 2
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- Step 3
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- Step 4
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- Step 5
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