Data Pattern India Limited Type- Public. Industry- Defense & Aerospace. Category- Manufacturing. Founded- 1985. Headquarters- Chennai, Tamil Nadu. Area served- India. Key people- Srinivasagopalan Rangarajan, Rekha Rangarajan. Products- Radars, Avionics System, Space system, Electronic Warfare. Revenue- Rs 2262 Cr ( March 2021 ). Number of employees- 760 plus. Website- www.datapatternsindia.com/ |
Data Pattern India limited is a defense and aerospace electronic solution provider catering to the indigenously developed defense products industry. The company was established in 1985 by Srinivasagopalan Rangarajan and is headquartered in Chennai, Tamil Nadu. Data pattern products are made for defense, and aerospace applications in air, land, surface, underwater, and space.
History
Data Pattern India limited was incorporated in 1985, it was registered under the factories Act of Tamil Nadu,1948. The company’s key strength is developing high-reliability products in these sectors with the broad capability to develop and manufacture any high-reliability products.
Major Events Timeline
2001- Designed a fire control system for the research center Imarat.
2001- Designed and developed the launchpad countdown system for delivery to the Indian government space organization.
2009- Developed soaking automated test equipment for INS shikra.
2013- Designed a smart cockpit display system.
2013- Developed an infrared-guided missile tester.
2015- Designed and developed a primary surveillance radar for coastal surveillance for the Indian government.
2021- Data pattern is planning to acquire additional 2.81 acres of adjacent land for further expansion.
In Sep 2021, the company filed DRHP with the security exchange board of India for an initial public offering. They plan to raise Rs 600-700 Cr funding through IPO.
Products and services
Data Pattern has developed and manufactured several electronic systems for its customers with the support of its captive manufacturing facilities. The company has 35 years of experience in the design and development of the defense and aerospace electronic industry. Data pattern electronic products portfolio includes Radar, electronic warfare system, missile electronic, laser and optics, seekers, automatic testing, COTS/MoTs, etc.
Also, the company services are offered electronic hardware design and development, software design and development, mechanical design and development, products prototype design and development, environment testing and verification, functional testing and validation, and engineering services opportunities.
Data Pattern infrastructure consists of a 100000 square feet factory built on 5.75 acres of land in Chennai, Tamil Nadu. The infrastructure developed for design, manufacturing, qualifications, and life cycle support of high-reliability electronic systems used in defense and aerospace products. The company had a 760 workforce with more than 450 skilled qualified engineers.
IPO Details
Data Pattern India limited has plans to raise Rs 588 Cr through an initial public offering. Its IPO comprises a fresh issue worth Rs 240 Cr and an offer for sale of Rs 348 Cr. The IPO open date is Dev 14, 2021 and the close date is Dec 16, 2021. The issue may be listed on Dec 24, 2021.
Company promoters –Srinivasagopalan Rangarajan and Rekha Murthy Rangarajan are the company promoters.
Highlights
- Innovative focused business model.
- Leading defense and aerospace electronic solution provider, well-positioned to benefit from the make in India campaign.
- Make complex technology-based products.
- Track record of Financial and profitable growth in revenue.
- Experience management team members with a skilled workforce.
- Certified manufacturing facilities with international standards.
Updates
- Data Patterns stock opened at a day’s high of Rs 864 on the BSE, a 47.7 percent premium over the issue price of Rs 585 per share, and as the day progressed, it saw gradual profit booking at higher levels and hit a day’s low of Rs 744.05.
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Data Patterns Standalone December 2021 Net Sales at Rs 43.84 crore, up 95.63% Y-o-Y.
Register Office Address- Data Patterns (India) Ltd. City- Chennai Tel.No- +91 44 4741 4000 | Management Founder & MD Whole-time Director Nominee Director Chief Operating Office Chief Technical Officer | Industry Info Type- Public Parent- NA
| Details BSE: NA Series- NA ISIN: NA |