GIC Private Limited Acquires 6.32% Stake in Data Patterns (India)
GIC Private Limited, acting for the Government of Singapore and Monetary Authority of Singapore, has acquired a 6.32% stake in Data Patterns (India) Limited. The Government of Singapore purchased 3,147,725 shares (5.62%), while the Monetary Authority of Singapore acquired 390,275 shares (0.70%). The transaction occurred on February 16, 2024, through open market purchases. Data Patterns has 55,983,969 total equity shares with a face value of INR 2.00 each, listed on NSE and BSE.

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Data Patterns (India) Limited has seen a significant investment from GIC Private Limited, acting on behalf of the Government of Singapore and Monetary Authority of Singapore. This move marks a substantial entry into the Indian company's shareholding structure.
Acquisition Details
| Entity | Shares Acquired | Stake Percentage | 
|---|---|---|
| Government of Singapore | 3,147,725 | 5.62% | 
| Monetary Authority of Singapore | 390,275 | 0.70% | 
| Total | 3,538,000 | 6.32% | 
The acquisition was executed through open market transactions on February 16, 2024. Prior to this purchase, GIC Private Limited held no shares in Data Patterns.
Company Overview
Data Patterns has a total equity share capital consisting of 55,983,969 shares, each with a face value of INR 2.00. The company's shares are listed on two major Indian stock exchanges:
- National Stock Exchange of India Limited (NSE)
- BSE Limited
Significance of the Acquisition
This acquisition by GIC Private Limited, representing Singapore's sovereign wealth interests, could be interpreted as a vote of confidence in Data Patterns' potential. The 6.32% stake represents a substantial position, potentially indicating a long-term investment strategy by the Singaporean entities.
For Data Patterns, this influx of foreign investment might bring increased attention from other international investors and could potentially impact the company's stock performance and future growth strategies.
Investors and market watchers will likely monitor any further developments or strategic moves following this significant stake acquisition by GIC Private Limited.
Historical Stock Returns for Data Patterns
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years | 
|---|---|---|---|---|---|
| +1.33% | -1.95% | +7.63% | +10.35% | +13.40% | +263.44% | 




































