IPO Details
Bidding Dates
To be announced
Minimum Investment
To be announced
Price Range
To be announced
Maximum Investment
To be announced
Retail Discount
To be announced
Issue Size
Up to ₹75,000 lakh
Investor category and sub category
Retail Individual Investors | Non-Institutional Investors | Qualified Institutional Buyers (QIB) |About Polymatech Electronics Limited
Polymatech Electronics Limited was originally incorporated as Polymatech Electronics Private Limited on May 29, 2007. The company is the first opto-semiconductor chips manufacturer in India. They have a manufacturing facility in Kancheepuram, Tamil Nadu and have bought a BTS (Built to Suit) facility in Krishnagiri, Tamil Nadu. The products of the company are categorised as fully packaged opto-semiconductor chips and luminaries, which are LED lights used for commercial purposes.
They began the opto-semiconductor chips production in 2019 and use European and Japanese technologies to offer high-quality products to meet international standards. The company designs, fabricates, manufactures, packs and assembles the opto-semiconductor chips and sells them directly to customers. These chips are also used in their luminary assembly. The company’s luminaries are installed at several factories, temples and stadiums, such as Vishay Precision Group, Shin-Etsu, Japan, Sawai Mansingh Stadium, Parthasarathi Temple, Chennai and more.
The opto-semiconductor industry in the world is expected to touch USD 59,224 million by 2028 from USD 43,780 million in 2022. The growth is primarily driven by the automotive sector and infrastructure providers to provide lighting in commercial spaces or households. The company can benefit from the demand.
Polymatech Electronics Limited IPO Details
Polymatech Electronics Limited IPO Date
Polymatech Electronics Limited’s IPO dates are not yet announced.
Polymatech Electronics Limited IPO Price Band
Polymatech Electronics Limited is a fresh issue. The price band is not yet announced.
Polymatech Electronics Limited IPO Lot Size
Polymatech Electronics Limited’s IPO lot size is not yet announced.
Polymatech Electronics Limited IPO Objectives
The objectives of Polymatech Electronics Limited's IPO are listed below:
- To buy new machinery to enhance their existing facility at Oragadam, Kancheepuram, Tamil Nadu.
- To meet general corporate purposes.
Peer Details
There are no listed companies in India that are engaged in a similar business as Polymatech Electronics Limited.
How To Check the Polymatech Electronics Limited Allotment Status?
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Contact Details of Polymatech Electronics Limited IPO
- Registered office: Plot OZ-13, SIPCOT Hi-Tech SEZ, Oragadam, Kancheepuram, Tamil Nadu – 602105, India.
- Phone: +91 94891 27000
- E-mail: public@polymatech.in
IPO Financials
| Particulars | Period ending on March 31, 2023 | Period ending on March 31, 2022 | Period ending on March 31, 2021 |
|---|---|---|---|
| Total Income | 65,162.29 | 12,807.68 | 4,718.58 |
| EBITDA | 18,801.84 | 4,207.57 | 1,255.94 |
| Profit after Tax | 16,776.62 | 3,426.81 | 628.83 |
| Debt to Equity Ratio | 0.13 | 0.60 | 0.76 |
Know before investing
Strengths
2-
The company is the first opto-semiconductor manufacturer in the country.
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The opto-semiconductor chips are mostly imported from other countries. The company can take advantage of being the only manufacturer in India and satisfy the demand.
Risks
2-
The company's operations are highly dependent on its manufacturing facility located in Tamil Nadu, and any disruption or shutdown of the unit can impact the company adversely.
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The company is dependent on third-party suppliers from other countries like Japan, South Korea and Taiwan for the raw materials. Any delay in securing these raw materials can halt the operations.
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Polymatech Electronics Limited IPO FAQs
The Polymatech Electronics Ltd IPO is a fresh issue.
Not yet announced.
Not yet announced.
Not yet announced.
Not yet announced.
Steps to check IPO allotment status on Angel One’s app:
- Log in to the Angel One app
- Go to the IPO Section and then to IPO Orders
- Select the individual IPO that you had applied for and check the allotment status.
- Angel One will notify you of your IPO allotment status via push notification and email.
Listing gains cannot be ascertained before the listing of the IPO on the stock exchange, which is not yet announced, for Polymatech Electronics Ltd.
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