Polymatech Electronics IPOPolymatech Electronics IPO GMP, Details, Guidance, Subscription Status, allotment @ Chanakyanipothi.com
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    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

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    Will update soon.

     

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