 "Data Patterns IPO subscribed 7.7 times on day 2")
The IPO of Data Pattern India was subscribed 7.7 times on Wednesday, a day ahead of its close. The retail portion was subscribed 12.4 times. Data Patten is a vertically integrated defense and aerospace electronics solutions provider.
The price band for the IPO is Rs 555-Rs 585 per share. At the top-end, the company will be valued at Rs 3,035 crore.
Through the IPO, the company is looking to raise Rs 240 crore in fresh capital. The IPO has an offer for sale component of nearly Rs 350 crore.
One subscription. Two world-class reads.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%