DATA Patterns IPO Allotment Status Online Date & Time | Data Patterns Today GMP

DATA Patterns IPO Allotment Status – Data Patterns (India) Limited made its debut in the Stock exchange market with an issue of Rs.588.22 crores. The Bid was open from 14th to 16th December 2021. The finalization of the basis of allotment of shares to investors is scheduled for 21st December 2021 i.e., today. Investors looking for DATA Patterns IPO Allotment Status can access it online from the official website of the registrar and other platforms such as BSE, NSE allotment status portals. Direct links to check the allotment shall be updated here in this article.

DATA Patterns IPO Allotment Status

Data Patterns (India) Limited is an India Company that deals in providing Defence and Aerospace electronic solutions. It is a technology-based product company that has entered the Stock market to achieve its various objects such as upgrading and expanding its facility at Chennai, repayment/ prepayment of companies’ outstanding borrowings, etc.

It is a book-built issue of Rs.588.22 Crores consisting of an offer for sale of Rs.348.22 Crores and a fresh issue of Rs. Rs.240 Crores. The Price Range has been set between Rs. 555 to Rs. 585 with a face value of Rs.2 for each share. The IPO received a good response from investors and by the day of closing, it was subscribed 119.62 times. The Grey Market premium of the issue today is Rs.260 (recorded at 9:16 am). With this, the estimated Listing price would be Rs.845 (with a profit percentage of 44.44%). The GMP will keep on fluctuating till the date of listing. The shares will be listed at BSE and NSE on 24th December 2021.

Objects of the Public Issue of Data Patterns –

The Net Proceeds and Proceeds from Pre-IPO placement are going to be utilized-

To prepay/ prepay full or a partial outstanding borrowing of the issuer.
To expand and upgrade company’s existing setup at Chennai.
To fund the WC requirements of the company.
To meet Company’s General Corporate Purposes.

How to check DATA Patterns IPO Share Allotment Status online?
Investors can check their share allotment status from any of the methods shared here-

Data Patterns Through Registrar

Step 1- Open registrar’s portal (linkintime.co.in/MIPO/Ipoallotment.html).
Step 2- Select any of the preferred option among PAN, Application No. or DP Client No.
Step 3- Select “DATA PATTERNS INDIA LIMITED- IPO” option from the drop-down menu. (Once the basis of allotment is finalized, the name of the IPO is updated in the list.)
Step 4- Fill in the information as required in the fields.
Step 5- Hit the search button.
Step 6- Data Patterns IPO allotment details will open on the screen.
Through BSE portal

Open BSE IPO allotment Status check page on the homepage.
Select Equity option under Issue type.
Select “Data Patterns (India) Limited” option under Issue name.
Enter application number.
Enter PAN number.
Mark reCAPTCHA code.
Click on “Search” button.
The allotment status will appear on the screen.
Through NSE portal

Visit NSE allotment status page link.
Enter Username and Passoword.
Look for Data Pattern IPO allotment status.
Note: To check IPO allotment and other related information on the NSE IPO page, one must register (one-time process) using the PAN details.