April 29, 2024
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Polymatech Electronics IPO GMP, Details, Guidance, Subscription Status, allotment @ Chanakyanipothi.com
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Table of Contents
- GMP
- Reviews
- Subscription
- Allotment
Updates of Polymatech Electronics IPO
What is the last GMP of Polymatech Electronics IPO?
Latest GMP & Subject to rates: Click
Subscription Status of Polymatech Electronics IPO
Will update subscription status once the IPO opens for subscription.
Who are the promoter of Polymatech Electronics IPO?
The promoters of the company are Mr. Eswara Rao Nandam, Ms. Uma Nandamand Mr. Vishaal Nandam
What are the Objects of Polymatech Electronics IPO?
The Offer comprises only fresh issue of shares.
The Company proposes to utilise the Net Proceeds towards funding the following objects:
(1) Purchase of new machinery towards enhancing our existing facility at Oragadam, Kancheepuram, Tamil Nadu; and
(2) General corporate purposes
What is the business of Polymatech Electronics?
Polymatech, is India’s first opto-semiconductor chips manufacturer, beginning with opto-semiconductor chips production in 2019 by using latest European and Japanese technologies to provide quality products to meet international standards.
Its products are present in areas where photonics, or the science of light waves, play a significant role. Its 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. Our state-of-the-art manufacturing facility is located in Tamil Nadu at SIPCOT Hi-Tech SEZ, Oragadam, Sriperumbudur, Kancheepuram, Tamil Nadu. It has also purchased a BTS (Built to Suit) facility in Krishnagiri, Tamil Nadu through a sale deed dated August 22, 2023, for setting up its second plant.It is involved in the designing, fabricating, manufacturing, packaging and assembly of opto-semiconductor chips in house which are sold directly to its customers as well as used in its luminaries assembly.
It is focused on providing superior quality semiconductor chips, and luminaries that consume less energy, generate less heat and still more efficient to help the world meet its sustainability goals. Its customers include multi-national corporations some of which are Fortune 1000 companies.
Its 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.
Semiconductors industry is divided into four stages primarily – (i) design, (ii) fabrication, (iii) packaging and (iv) assembly into final product. We primarily operate in design and packaging stage. Presently, the assembly into final product is done only for the luminaries used in large area lighting.
All of its products are developed in house by its R&D team at Oragadam, Kancheepuram, Tamil Nadu plant. Its promoter, Mr. Eswara Rao Nandam, has over three decades of experience in electronic components manufacturing, auto mobile components manufacturing, assembling, electronics assembling including mobile phones, laptops, tablets, robot manufacturing and assembling, embedding, integration of self-developed software and automation with artificial intelligence.
For more information, click www.polymatech.in
Polymatech Electronics IPO GMP, Particulars & Guidance
| Polymatech Electronics IPO Details | |
| IPO opens on | April 2024 |
| IPO closes on | April 2024 |
| Issue Type | Book Built Issue IPO |
| Issue Size | ? Shares / Rs 750 Crore |
| * Fresh Issue | ? shares/ Rs.750 Crore |
| * Offer for Sale | – Sh /Rs – Cr |
| Face Value per share: | Rs. 10 |
| Price Band | Rs. ? |
| Retail Discount | Rs 0 per share |
| Employee discount | Rs. 0 per share |
| Retail Lot Size | ? Shares |
| Listing will at | BSE, NSE |
| Shares offered in Polymatech Electronics IPO? | Shares | Rs. in Cr |
| QIB (50 %) | ? | ? |
| NII (15 %) | ? | ? |
| RII (35 %) | ? | ? |
| Employees | – | – |
| Total Shares | ? | 750 |
| Retail portion will be oversubscribed by | 4412383 applications | |
| How to apply in Vodafone Idea FPO? | Rs. | |
| Min Retail Application | ? | ? |
| Max Retail Application | ? | ? |
| Small HNI (Min) application | ? | ? |
| Small HNI (Max) application | ? | ? |
| Big HNI Application | ? | ? |
| What is the timetable of Polymatech Electronics IPO? | |
| IPO opens on | ? April 2024 |
| IPO Closes on | ? April 2024 |
| IPO Allotment on | ? April 2024 |
| Unblocking of ASBA | ? April 2024 |
| Credit of Shares | ? April 2024 |
| Listing on | ? April 2024 |
| Registered Office of Polymatech Electronics | |
| Plot OZ-13, SIPCOT Hi-Tech SEZ, Oragadam, Kancheepuram-602105 Tamil Nadu India | |
| Who are the Lead Managers of Polymatech Electronics IPO? KHAMBATTA SECURITIES Ltd |
|
| Registrar to IPO | |
| Link Intime India Private Ltd |
| Polymatech Electronics IPO Financial & Analytical Ratios | ||||
| Year | Total Income | Net Profit | EPS | RoNW |
| Rs. in Cr | Rs.in Cr | Rs. | % | |
| 2020-21 | 47.19 | 6.29 | 0.97 | 20.91 |
| 2021-22 | 128.08 | 34.27 | 5.40 | 49.71 |
| 2022-23 | 651.62 | 167.76 | 26.02 | 52.75 |
| Book Value of the Share on 31.03.2023 | Rs. | 44.25 | ||
| BV of the Share after the FPO | Rs. | ? | ||
| Offer Price at Cap | Rs. | ? | ||
| Polymatech Electronics IPO Ratio Analysis |
|
| Price /EPS | – |
| Price/Book Value Ratio | ? |
| Price/BV after IPO | ? |
How Polymatech Electronics IPO compares with the Peers?
Peer Comparison.
There are no listed companies in India that engage in a business similar to that of this Company. Accordingly, it is not possible to provide an industry comparison in relation to the Company.
| As on date of RHP | FV | Total | PE |
| Rs. | Income | Ratio of | |
| Rs. In Cr | |||
# This is only coverage of News related to Grey Market. We do not deal in grey market premium, nor we recommend dealing in Grey Market. Investment decision based on Grey Market trends can be faulty.
Polymatech Electronics IPO Guidance* by Paresh Gordhandas, CA & Research Analyst.
Polymatech, is India’s first opto-semiconductor chips manufacturer, beginning with opto-semiconductor chips production in 2019 by using latest European and Japanese technologies to provide quality products to meet international standards.
Its products are present in areas where photonics, or the science of light waves, play a significant role. Its 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.
Size: ?
Financials: ?
Strategy seen in the grey market: ?
Quicklinks
Polymatech Electronics IPO GMP
Polymatech Electronics IPO GMP today details
Polymatech Electronics IPO GMP today, Details, Guidance, Subscription Status, allotment
Polymatech Electronics IPO Anchor Investors Details
Will update soon.
