Polymatech Electronics IPO Date, Review, Price, Allotment Details

Polymatech Electronics is India’s first opto-semiconductor chips manufacturer (source: CARE Edge Report), beginning with opto-semiconductor chips production in 2019 by using the latest European and Japanese technologies to provide quality products to meet international standards. Their products are present in areas where photonics, or the science of light waves, play a significant role. As of the date of this Draft Red Herring Prospectus, their products are divided into two categories (i) Fully packaged Opto-Semiconductor Chips in the form of COB, HTCC, MLCC, LTCC, etc. “Opto-Semiconductor Chips” or “Chips” and (ii) Luminaries. Their state-of-the-art manufacturing facility is located in Tamil Nadu at SIPCOT (State Industries Promotion Corporation of Tamil Nadu Limited) HiTech SEZ (Special Economic Zone), Oragadam, Sriperumbudur, Kancheepuram, Tamil Nadu. They have also purchased a BTS (Built to Suit) facility in Krishnagiri, Tamil Nadu through a sale deed dated August 22, 2023, for setting up their second plant.

They are involved in the designing, fabricating, manufacturing, packaging, and assembly of opto-semiconductor chips in-house which are sold directly to their customers as well as used in their luminaries assembly.

They are focused on providing superior quality semiconductor chips, and luminaries that consume less energy, generate less heat, and are still more efficient to help the world meet its sustainability goals. Their customers include multi-national corporations some of which are Fortune 1000 companies. Their luminaries are installed at various factories including Shin-Etsu, Japan, Vishay Precision Group, Stanley, Lohman, Okaya, Japan, AMRL Hitech City (JV with Tamil Nadu Industrial Development Corporation Limited), ASPEN Infra (formerly Suzlon Infrastructure Ltd), Mori Mura, Japan; airports such as Coimbatore airport of Everrise Electric; Stadiums such as Sawai Mansingh Stadium; gurudwaras such as Banglasaheb, New Delhi and temples such as Parthasarathi Temple, Chennai.

Objects of the Issue

• Purchase of new machinery towards enhancing our existing facility at Oragadam, Kancheepuram, Tamil Nadu
• General corporate purposes.

Polymatech Electronics IPO Review (Apply or Not)

• To be updated soon

Brokerage Firm IPO Review

• Capital Market: To be updated soon
• Religare Broking: To be updated soon
• Hem Securities: To be updated soon
• Arihant Capital: To be updated soon

Polymatech Electronics IPO Date & Price Band Details (Tentative)

Polymatech Electronics IPO Market Lot

The Polymatech Electronics IPO minimum market lot is [.] shares with ₹[.] application amount. The retail investors can apply up-to 13 lots with [.] shares or ₹[.] amount.

Polymatech Electronics IPO Allotment & Listing Dates (Tentative)

The Polymatech Electronics IPO date is April 2024 and the close date is April 2024. The Polymatech Electronics IPO allotment will be finalized on April 2024 and the IPO listing on April 2024.

You can check IPO subscription status and IPO allotment status on their respective pages.

Polymatech Electronics IPO Form

How to apply for the Polymatech Electronics IPO? You can apply for Polymatech Electronics IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Polymatech Electronics IPO in the Invest section. The other option is you can apply for Polymatech Electronics IPO via IPO forms downloaded via NSE and BSE. Check out the Polymatech Electronics forms – Click BSE Forms & NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.

Polymatech Electronics Company Financial Report

Polymatech Electronics IPO Valuation – FY2023

Check Polymatech Electronics IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

Peer Group

• NA

Company Promoters

• Mr. Eswara Rao Nandam
• Ms. Uma Nandam
• Mr. Vishaal Nandam

Polymatech Electronics IPO Registrar

Link Intime India Private Ltd
Phone: +91-810 811 4949
Email: [email protected]
Website: https://linkintime.co.in/

Polymatech Electronics IPO Allotment Status Check

Check Polymatech Electronics IPO allotment status on Linkintime website allotment URL. Click Here

Polymatech Electronics IPO Lead Managers aka Merchant Bankers

• Khambatta Securities Limited

Company Address

Polymatech Electronics Limited
Plot OZ-13,
SIPCOT Hi-Tech SEZ, Oragadam, Kancheepuram-602105
Tamil Nadu India
Email: [email protected]
Phone: +91 94891 27000
Website: www.polymatech.in

Polymatech Electronics IPO FAQs