IPO Review - Data Patterns Ltd - Fastest growing player in defence & electronics space - ICICI Direct

Data Patterns Ltd (DPL) is among the few vertically integrated defence and aerospace electronics solution providers catering to the indigenously developed defence industry.

• Design capabilities across the entire spectrum of strategic defence and aerospace electronics solutions including processor, power, radio frequencies (RF) and microwave, embedded software and firmware
• Fastest growing player in defence & electronics space with proven in-house design and development capabilities

Key triggers/Highlights

• Focused on developing complete systems and sub-system solutions in domains like radars, electronic warfare, communication systems, RF and microwave, military COTS (digital receivers, processor boards, modules), avionics, missile and torpedo electronics, fire control systems, etc
• Strong order book of Rs. 581.3 crore across product categories supplying customers in the defence and aerospace industry
• Current manufacturing facility consists of a ~100000 sq ft factory built on ~5.7 acres of land in Chennai. It is in the process of upgrading and expanding its facility with doubling of available floor area and facility
• Beneficiary of shifting procurement trends and in defence- Atmanirbhar Bharat, Make in India, new defence acquisition policies among others

For details, click on the link below: Link to the report

Source : Equity Bulls

Keywords

IPOReview DataPatternsIndia ICICIDirect