Data Patterns IPO subscription is to start from December 14, 2021, Tuesday. The company to raise ₹588 crores via IPO at a price band of ₹555 to ₹585. The retail portion of this IPO is 35%, QIB is 50% and HNI is 15% quota. The IPO subscription will close on December 16, 2021, Thursday. The minimum bid for the IPO is 25 shares that cost ₹14,625 for 1 lot. The face value is ₹2 per equity share. Data Patterns is a provider of defense and aerospace electronics solutions. The company clientele includes big names in the Government sector. The company reported ₹227 crores of revenues in 2021 against ₹160 crores in 2020. Data Patterns company looks strong as per the financials and we might see a good listing with 100% listing gain. Please check the Data Patterns IPO details over here.
IPOWatch View
We recommend investors apply for an IPO for short-term and long-term gain. Investors should also look at the QIB and HNI numbers as well as Data Patterns grey market premium movement before investing. You can check the Data Patterns IPO allotment status here.
Data Patterns IPO Subscription Status (Final Data)
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.00 | 0.92 | 190.86 |
| NII | 1.46 | 5.20 | 254.22 |
| RII | 5.89 | 12.42 | 23.14 |
| Total | 3.30 | 7.68 | 119.62 |
Data Patterns IPO Date & Price Band
| IPO Open: | 14 December 2021 |
| IPO Close: | 16 December 2021 |
| IPO Size: | Approx ₹588 Crores |
| Fresh Issue: | Approx ₹240 Crores |
| Offer for Sale: | Approx 5,952,550 Equity Shares |
| Face Value: | ₹2 Per Equity Share |
| Price Band: | ₹555 to ₹585 Per Share |
| Listing on: | BSE & NSE |
| Retail Quota: | 35% |
| QIB Quota: | 50% |
| NII Quota: | 15% |
| Discount: | N/A |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
Data Patterns IPO Market Lot
The Data Patterns IPO minimum market lot is 25 shares with ₹14,625 application amount. The retail investors can apply up-to 13 lots, 325 shares with ₹190,125 application amount.
| Minimum Lot Size: | Minimum 25 Shares for 1 lot |
| Minimum Amount: | ₹14,625 for 1 lot |
| Maximum Lot Size: | Maximum 325 Shares for 13 lot |
| Maximum Amount: | ₹190,125 for 13 lot |
Data Patterns IPO Time Table
The Data Patterns IPO date is 14 December 2021 and the IPO close date is 16 December 2021. The allotment date is 21 December 2021 and the IPO may list on 22 December 2021.
| Price Band Announcement: | 08 December 2021 |
| Anchor Investors Allotment: | 13 December 2021 |
| IPO Open Date: | 14 December 2021 |
| IPO Close Date: | 16 December 2021 |
| Basis of Allotment: | 21 December 2021 |
| Refunds: | 22 December 2021 |
| Credit to Demat Account: | 23 December 2021 |
| IPO Listing Date: | 24 December 2021 |
Data Patterns IPO Subscription FAQs:
When Data Patterns IPO Subscription will start?
The IPO subscription starts on 14 December 2021 for QIB, NII, and Retail Investors.
How much Data Patterns IPO subscribed?
The IPO subscribed 119.62x times on day 3.
What is Data Patterns IPO Retail subscription status?
The RII subscription is 23.14x on day 3.
How to subscribe Data Patterns IPO?
You can go with ASBA and Non-ASBA options for the subscription. Go to your bank account and apply for IPO online via ASBA or download the form online or get the physical form and submit the filled form to your broker or bank.
How do I check live Data Patterns IPO Subscription Numbers?
One can visit our portal for live IPO subscription numbers that we are updating hourly basis from the official website NSE and BSE websites. One can check the live subscription on BSE or NSE website on the particular IPO page.
