Data Pattern stock lists at 47% premium

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The stock of DATA PATTERN India started off trade at Rs 864, against issue price of Rs 585, on the BSE, while the opening price on the National Stock Exchange was Rs 856 

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The DATA PATTERN India is a defence and aerospace electronics solutions provider had a strong demand from investors, oversubscribing by 120 times.

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The DATA PATTERN India has raised Rs 588.22 crore through its public issue. The price band for the offer was Rs 555-Rs 585 per share.  

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The DATA PATTERN India is the third company in the field of defence equipment to get listed on the bourses in 2021, after MTAR Technologies in September and Paras Defence & Space Technologies in March.   

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IPO Open Date: Dec 14,  2021 IPO Close Date: Dec 16,2021 Basis of Allotment Date: Dec 21, 2021 Initiation of Refunds: Dec 22, 2021 Credit of Shares to Demat Account: Dec 23, 2021 IPO Listing Date: Dec 24, 2021    

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