Data Patterns (India) has debuted at Rs 864.00 on the BSE, up by 279 points or 47.69% from its issue price of Rs 585.
The scrip is currently trading at Rs 787.20, up by 202.20 points or 34.56% from its issue price. It has touched a high and low of Rs 864.00 and Rs 781.00 respectively. So far 4.56 lakh shares were traded on the counter.
The offering, which was open for subscription between December 14, 2021 and December 16, 2021, was subscribed 120 times. The issue price was fixed at Rs 585 per share i.e. at upper end of price band of Rs 555-585 apiece.
Data Patterns is a vertically integrated defence and aerospace electronics solutions provider that caters to requirements across space, air, land and the sea. Its core competencies include design and development across electronic hardware, software, firmware, mechanical, product prototype besides its testing, validation and verification.