KVSP Data Patterns raises ₹176 crores from Anchor Investors ahead of IPO
Written by Lucky Wilson | KJMM.COM on December 13, 2021
Defense and aerospace electronics solutions provider Data Patterns raised ₹176 crores from anchor investors on December 13, 2021 Monday before the IPO. The Data Patterns IPO is to open on December 14, Tuesday. The company allotted a total of 30,16,533 equity shares to 23 Anchor investors at an upper price band of ₹585. The anchor investors list includes 10 Mutual Funds through a total of 18 schemes. The company is going to raise ₹588 crores. Check out the final list of Data Patterns Anchor Investors given below:
Data Patterns Anchor Investors List:
The IPO Committee of the Board of Directors of the Company in meeting held on December 13, 2021, in consultation with the JM Financial Limited and IIFL Securities Limited (BRLMs), have finalized allocation of 30,16,533 equity shares, to Anchor Investors at the Anchor Investor Allocation Price of ₹585/- per Equity Share (including share premium of ₹583/- per Equity Share). The details are given below:
The Data Patterns IPO to open on 14 December and closes on 16 December 2021. The price band is fixed at ₹555 to ₹585. Data Patterns IPO application minimum bid is for 25 Shares (₹14,625) and maximum bid is 325 shares (₹190,125). The Book Running Lead Managers of the IPO are IIFL Securities Limited and JM Financial Consultants Private Limited.
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