Polymatech Electronics IPO Details: Polymatech Electronics IPO date is not fixed, the IPO is to hit the market on April 2024. and will close on April 2024. Polymatech Electronics IPO to raise around ₹[.] crores via IPO that comprises fresh issue of ₹[.] crores and offer for sale up to [.] equity shares of ₹10 each. The retail quota is 35%, QIB is 50%, and HNI is 15%.
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)
| IPO Open: | April 2024 (Tentative) |
| IPO Close: | April 2024 (Tentative) |
| IPO Size: | Approx ₹[.] Crores |
| Fresh Issue: | Approx ₹[.] Crores |
| Offer for Sale: | Approx ₹[.] Crores |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹[.] to ₹[.] Per Share |
| IPO Listing on: | BSE & NSE |
| Retail Quota: | 35% |
| QIB Quota: | 50% |
| NII Quota: | 15% |
| Discount: | N/A |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
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.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | – | ₹- |
| Retail Maximum | 13 | – | ₹- |
| S-HNI Minimum | 14 | – | ₹- |
| B-HNI Minimum | 68 | – | ₹- |
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.
| Anchor Allocation: | April 2024 |
| IPO Open Date: | April 2024 |
| IPO Close Date: | April 2024 |
| Basis of Allotment: | 2024 |
| Refunds: | 2024 |
| Credit to Demat Account: | 2024 |
| IPO Listing Date: | 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
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2021 | ₹47.19 | ₹39.94 | ₹6.29 |
| 2022 | ₹128.08 | ₹93.04 | ₹34.27 |
| 2023 | ₹651.62 | ₹484.99 | ₹167.77 |
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.
| Earning Per Share (EPS): | ₹26.02 per Equity Share |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 52.75% |
| Net Asset Value (NAV): | ₹44.25 per Equity Share |
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: polymatechelectronics.ipo@linkintime.co.in
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: public@polymatech.in
Phone: +91 94891 27000
Website: www.polymatech.in
Polymatech Electronics IPO FAQs
What is Polymatech Electronics IPO?
Polymatech Electronics IPO is a main-board IPO. They are going to raise ₹[.] Crores via IPO. The issue is priced at ₹[.] to ₹[.] pr equity share. The IPO is to be listed on BSE & NSE.
When Polymatech Electronics IPO will open?
The IPO is to open on April 2024 for QIB, NII, and Retail Investors.
What is Polymatech Electronics IPO Investors Portion?
The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.
How to Apply the Polymatech Electronics IPO?
You can apply for Polymatech Electronics IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
