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Data Patterns IPO - Huge Defence, Aerospace Opportunity; Healthy Order Book: Reliance Securities

Data Patterns IPO - Huge Defence, Aerospace Opportunity; Healthy Order Book: Reliance Securities

<div class="paragraphs"><p>An Indian Army Bhishma T-90 battle tank performs an operation demonstration during the DefExpo 20 in Lucknow, Uttar Pradesh, India. (Photographer T. Narayan/Bloomberg)</p></div>
An Indian Army Bhishma T-90 battle tank performs an operation demonstration during the DefExpo 20 in Lucknow, Uttar Pradesh, India. (Photographer T. Narayan/Bloomberg)

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Reliance Securities' IPO Report

Data Patterns Ltd. is one of the few vertically integrated defence and aerospace electronics solutions provider catering to the indigenously developed defence products industry.

It has proven in-house design and development capabilities, with an experience of over three decades in the defence and aerospace electronics space.

Data Patterns offers the entire spectrum of defence and aerospace platforms – space, air, land and sea. The company offers a wide range of products, including COTS modules, avionics displays, communications ATES and satellites, fire control and other electronic systems for BrahMos and electronic warfare surveillance systems and radars.

As of September 2021, it has 818 employees with more than 500 qualified engineers, including 416 members in design and engineering department.

Click on the attachment to read the full IPO report:

Reliance Securities Data Patterns IPO Note.pdf

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