Pattern Group IPO
Pattern Group Inc. · Ecommerce acceleration and marketplace selling
- Issue price
- $14per share
- Issue size
- $300M2,14,28,572 shares
- Face value
- To be announcedper equity share
- Lot size
- To be announcedMin. investment shown once set
- PricingThu, 2025
Information only, not investment advice. This page provides information compiled from official SEC filings for information purposes only. It is not investment advice or a recommendation to buy or sell any security. IPO investments involve risk, including loss of principal; read the prospectus carefully before investing.
Issue details
- Issue type
- Firm commitment, fresh issue and offer for sale
- Fresh issue
- 1,07,14,286 shares ($139.5M)
- Offer for sale
- 1,07,14,286 shares ($139.5M)
- Total issue
- 2,14,28,572 shares ($300M)
- Face value
- —
- Listing at
- Nasdaq
Source: Final prospectus (Form 424B4) dated 19 Sept 2025Updated
Special quotas
- directed_share_program
- 10,71,428 shares
Source: Final prospectus (Form 424B4) dated 19 Sept 2025Updated
Valuation
Year ended December 31, 2022- EPS (basic)
- -$0.23
- EPS (diluted)
- -$0.23
- EPS (basic) (Year ended December 31, 2023)
- $0.22
- EPS (diluted) (Year ended December 31, 2023)
- $0.22
- EPS (basic) (Year ended December 31, 2024)
- $0.47
- EPS (diluted) (Year ended December 31, 2024)
- $0.47
- EPS (basic) (Six months ended June 30, 2024)
- $0.25
- EPS (diluted) (Six months ended June 30, 2024)
- $0.25
- EPS (basic) (Six months ended June 30, 2025)
- $0.35
- EPS (diluted) (Six months ended June 30, 2025)
- $0.35
Source: Final prospectus (Form 424B4) dated 19 Sept 2025Updated
Financials
Consolidated, restated · ₹ crore| Period ended | 30 Jun 20256 months | 31 Dec 202412 months | 30 Jun 20246 months | 31 Dec 202312 months | 31 Dec 202212 months |
|---|---|---|---|---|---|
| Revenue from operations | 113.86 | 179.62 | 84.13 | 136.64 | 99.05 |
| Profit after tax | 4.66 | 6.79 | 3.55 | 4.13 | -0.30 |
| Net worth | 15.51 | — | — | — | — |
| Total assets | 71.23 | — | — | — | — |
12 months vs 12 months: revenue +31.5%, profit after tax +64.4%. Periods shorter than 12 months are shown as reported and are not annualised.
Source: Final prospectus (Form 424B4) dated 19 Sept 2025Updated
About the company
Pattern buys products from consumer brands and resells them to consumers on global online marketplaces. It combines its own data and AI-driven software with in-house ecommerce specialists and a fulfillment network. The company works with more than 200 brands across many marketplaces and countries.
- Incorporated
- —
- Industry
- Ecommerce acceleration and marketplace selling
- Sector
- Internet and E-commerce
- Website
- pattern.com
Source: Final prospectus (Form 424B4) dated 19 Sept 2025Updated
Promoters and shareholders
| Name | Type | Before issue | After issue | Shares offered |
|---|---|---|---|---|
| Entities affiliated with KL Pattern Holdings LP | Other | 19.40% | 18.10% | 0 |
| Entities Affiliated with Banner Capital | Other | 10.40% | 9.60% | 0 |
| David Wright | Selling shareholder | 58.70% | 48.50% | 94,14,286 |
| Melanie Alder | Selling shareholder | 58.70% | 48.50% | 94,14,286 |
| Daniel Gay | Selling shareholder | 3.50% | 2.40% | 13,00,000 |
Source: Final prospectus (Form 424B4) dated 19 Sept 2025Updated
Objects of the issue
₹ crore| Purpose | Amount |
|---|---|
| Satisfy tax withholding and remittance obligations on the settlement of outstanding RSUs in connection with the offering | 8.13 |
| Working capital, general corporate purposes and growth strategies, with possible acquisitions or investments in complementary businesses | Set with price |
Source: Final prospectus (Form 424B4) dated 19 Sept 2025Updated
Strengths and risks
Our summary of what the offer document statesSource: Final prospectus (Form 424B4) dated 19 Sept 2025Updated
Contacts
Source: Final prospectus (Form 424B4) dated 19 Sept 2025Updated
After listing
Listing price, day-one high and low, and the change from the issue price ($14) appear here after the shares list on Nasdaq.
Work out the gain or loss on allotted shares after charges →
Frequently asked questions
What is the Pattern Group IPO price band?
The final issue price is $14 per share.
Where will Pattern Group shares list?
On Nasdaq.
How will the money raised be used?
$81.3M for , and the rest for the other stated purposes.
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