Data Patterns (India) IPO
Data Patterns (India) Limited (DATAPATTNS) · mainboard IPO on NSE and BSE · 100% Book Building. Listed on 24 December 2021.
Issue details
Listing day
Back-tested estimate (from a model that had only seen earlier years' IPOs): listing gain +49.9% (likely range +37% to +115%), day's high +55.5%, chance of a gain 92%. Actual: +46.3% at the open, +47.7% at the high.
Subscription status
| Category | Shares offered | Shares bid for | Subscribed | |
|---|---|---|---|---|
| QIB (institutions) | 19,58,847 | 37,38,56,275 | 191x | |
| NII (HNI) total | 15,41,532 | 39,18,89,825 | 254x | |
| Retail | 35,96,906 | 8,32,39,625 | 23.1x | |
| Total | 70,97,285 | 84,89,85,725 | 120x |
Bids on NSE and BSE together, as published by NSE. Shares offered exclude the anchor portion. 7% of all shares bid for were at the cut-off price.
Past IPOs with similar demand
Earlier mainboard IPOs whose QIB, NII and retail subscription and size were closest to Data Patterns (India)'s, and how they listed.
| IPO | QIB | NII | Retail | Total | Size | Listing gain | Day high |
|---|---|---|---|---|---|---|---|
| Laxmi Organic IndustriesMar 2021 | 175x | 218x | 20.1x | 107x | ₹605 Cr | +19.6% | +34.3% |
| Indigo PaintsJan 2021 | 190x | 263x | 15.9x | 117x | ₹1,170 Cr | +75.0% | +110.0% |
| MAS Financial ServicesOct 2017 | 148x | 379x | 16.0x | 128x | ₹464 Cr | +43.8% | +48.5% |
| G R InfraprojectsJul 2021 | 169x | 238x | 12.6x | 103x | ₹963 Cr | +105.0% | +119.6% |
| C.E. Info SystemsDec 2021 | 196x | 425x | 15.2x | 155x | ₹1,040 Cr | +51.5% | +53.9% |
| Indian Railway Catering and Tourism CorporationOct 2019 | 109x | 355x | 14.9x | 112x | ₹1,125 Cr | +95.6% | +132.4% |
Lead managers and their listing record
| Book running lead manager | Mainboard IPOs since 2019 | Avg listing gain | Listed at a premium |
|---|---|---|---|
| JM Financial | 109 | +22.8% | 75% |
| IIFL Securities | 94 | +19.3% | 71% |
Offer documents (NSE)
Frequently asked
What is the Data Patterns (India) IPO price band and lot size? ₹555–585 per share, with a lot of 25 shares, so the smallest retail bid is ₹14,625.
How many times has it been subscribed? 120x overall: QIB 191x, NII 254x, retail 23.1x.
How did it list? It opened at ₹856, +46.3% against the issue price of ₹585, and closed its first day +29.1%.
