Have you applied for a Data Patterns IPO? Here is how to check allotment status

• Data Patterns, an electronic solutions provider for the defence and aerospace segment, intended to raise ₹588 crore through the IPO.
• The IPO has been subscribed 119.62 times between December 14 to December 16.
• Today, shares of the company are commanding a premium of ₹280 in the grey market.

Chennai-based Data Patterns, an electronic solutions provider for the defence and aerospace segment, is likely to announce allotment of its initial public offering (IPO) today.

The IPO was open for subscription between December 14 to December 16. In the three days of the IPO bidding process, the company received an amazing response from investors as it has been subscribed 119.62 times.

Also, analysts are very bullish on the service provider to defence sector, which is reflected in the grey market premium which stands at ₹280 per share as of December 20.

The company intended to raise ₹588 crore and got offer for ₹49,665 crore through the IPO with a price band of ₹555 to ₹585 per share.

Incorporated in 1985, Data Patterns is an integrated defence and aerospace electronics solutions provider that caters to requirements across space, air, land and the sea.

Here is how to Data Patterns IPO allotment status on stock exchange website:

• Go to the BSE website or NSE website here.
• On BSE, Select 'Equity' and then from the dropdown, select ‘Data Patterns’.
• Now, enter your application number and PAN.
• Click on 'Search'.
• Please note the details will only be available once the shares are allotted.

You can also visit the registrar website (Link Intime India) to check your application status.

• Visit the registrar's website here.
• Click on 'Select company' and click on ‘Data Patterns’.
• Once the company is selected, you will have to enter either your PAN detail, the application number, or the client ID.
• Enter the captcha and click ’submit’.

Once you hit 'submit', the status of your application will appear on the screen. Please ensure the details that you provide are correct. It will show the number of shares you subscribed to and the number of shares allotted to you.

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