Data Patterns India Limited

About the company

Founded by former [ **table tennis**](https://thenewsmen.co.in/high%20flyers/srinivasagopalan-rangarajan-after-brahmos-iitm-alum-and-former-tt-champ-eyes-defence-satellites/57172) **** 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.

Financial performance (₹ Cr)

IPO Roadmap / Timeline

1. IPO Opens

   Completed
   14 Dec 2021

   Bidding starts for all investor categories

2. IPO Closes

   Completed
   16 Dec 2021

   Last day to place your bid

3. Basis of Allotment

   Completed
   16 Dec 2021

   Share allotment finalised

4. Refund Initiation

   Completed
   22 Dec 2021

   Refunds credited for non-allottees

5. Credit to Demat

   Completed
   21 Dec 2021

   Allotted shares credited to demat account

6. Listing on Exchange

   Completed
   24 Dec 2021

   Shares list on NSE / BSE

Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.