The allocation of shares for the IPO of Data Patterns will be finalized today. Here’s how applicants can check the status of their share allocation.
A number of brokerages had assigned a “subscription” rating to the Data Patterns IPO. (Photo: Reuters)
The allocation of shares to Data Patterns will be finalized on Tuesday after its initial public offering (IPO) received a strong response from investors. People who have signed up for the number can check the status of the application online today.
This is one of four IPOs that will go public today. The Rs 588.22 crore IPO of the defense and aerospace electronics solutions provider received a strong response as the public issue was underwritten more than 119 times.
A number of brokerage firms have assigned a “subscription” rating to the Data Patterns IPO, given the future of the defense industry in the country. The transformation of the Indian defense sector will provide many opportunities for defense-oriented companies like Data Patterns as they will benefit from favorable policies.
Many brokerage firms believe the business has long term potential to grow and generate profit.
According to the latest data, the Gray Market Premium (GMP) for the Data Patterns IPO was Rs 260 on Tuesday, indicating that it could be listed at Rs 845 or at a 44% premium over the price of issue of Rs 585.
HOW TO CHECK THE STATUS OF THE REQUEST
People who have subscribed to the Data Patterns IPO will be able to check the award status today on the Bombay Stock Exchange (BSE) website or the official IPO registrar website. stock exchange, Link Intime Private Limited.
IPO ALLOTATION DATA PATTERNS ON INTIMATE LINK
People can check the status of their stock award on the website of Link Intime Private Limited, which is the official registrar of the IPO. After link opening, individuals should select Data Patterns IPO from the menu, enter PAN details and click search.
CHECK THE IPO ALLOTATION DATA MODELS ON THE ESB
Likewise, people can also check the demand status on BSE. After by clicking on the direct link, they should select “Data Models” from the drop-down list, enter the IPO application number, PAN details and finally click submit.
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