Polymatech Electronics Ltd.
About Polymatech Electronics Ltd.
A Comprehensive Overview of Price & Journey
Understanding Polymatech Electronics Ltd. Inception and Growth
Overview
Polymatech Electronics Limited was incorporated in 2007 as a subsidiary of Polymatech Company Limited, Japan. It is a leading technology company dedicated to delivering innovative electronic solutions. They are pushing the boundaries of technology and creating products that make a difference. It specializes in providing cutting-edge electronics design and development solutions to meet the evolving needs of its customers.
The Company ensures the highest level of precision in their manufacturing process. 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 categorized as fully packaged opto-semiconductor chips and luminaries, which are LED lights used for commercial purposes.
Polymatech share price and the Polymatech Electronics share price are of particular interest to investors, especially in light of their strong growth trajectory. The Polymatech unlisted share price is also something that is of interest, given that the company is planning to go public shortly, and thus it is relevant to those who are interested in Polymatech unlisted shares and their future IPO.
Sectors
Consumer electronics: Chips for TVs, wearables, and other household devices are designed by Polymatech.
Mobile devices: Low-power and high-performance chips for smartphones and tablets are also designed by Polymatech.
Medical: Polymatech's opto-semiconductor chips are used in medical applications.
Lighting: Polymatech's opto-semiconductor chips are used in large-area lighting and cell phone backlights.
Food sanitization: Polymatech makes opto-semiconductor chips, which are used in food sanitization.
Photonics: The company has revolutionized photonics, which is essential for technologies involving light, in domains like quantum computing, optical communication, and industrial measuring tools.
Clientele
TSMC
BROADCOM
AMD
INTEL
SAMSUNG
APPLE
NASA
SONY
TESLA
SPACEX
FORD
GOOGLE
MITSUBISHI
MICRON
CISCO
Board of Directors
Mr. Eswara Rao Nandam, Managing Director
Ms. Uma Nandam, Executive Director
Mr. Vishaal Nandam, Executive Director
Mr. Rapala Virtanen Tarja Hannele, Independent Director
Mr. Ryan Alexander Young, Independent Director
Ms. Selvamani Shri Janani Independent Director
Shareholding Pattern
Shareholder
Holding (%)
Eswara Rao Nandan
41.57%
Uma Nandan
38.07%
Others
20.36%
IPO Details
Polymatech plans to raise Rs.1500 Crores through an Initial Public Offering (IPO) by the year's end. In October 2023, the Draft Red Herring Prospectus (DRHP) was filed by the company to raise Rs.750 Crores, but the IPO size has now doubled.
The company plans to refile the DRHP with the Securities and Exchange Board of India (SEBI) using their financials from either March or June. In FY24, Polymatech witnessed a significant revenue surge, doubling from Rs.650 Crores in FY23 to Rs.1200 Crores, boasting a PAT margin of 25%.
Listing Status
DRHP Filed
Dividend Details
No details Prov