Polymatech Electronics IPO: Date, Price, Allotment Details & Review
Mark your calendars! Polymatech Electronics is hitting the market with its IPO date is not fixed, opening on [], and closing on []. The company aims to raise approximately ₹ [.] crores through a fresh issue of shares worth the same amount. The retail quota for the IPO is set at 35%, with 50% allocated to Qualified Institutional Buyers (QIBs) and 15% reserved for High Net Worth Individuals (HNIs).
Table of Contents
Information About Polymatech Electronics IPO
Pioneering opto-electronics in India, Polymatech Electronics holds the distinction of being the nation’s first manufacturer of opto-semiconductor chips. Since 2019, they’ve leveraged cutting-edge European and Japanese technologies to deliver high-quality products that meet international standards. Their expertise lies in the science of light waves, or photonics, and their products find applications in diverse fields.
Polymatech categorizes its offerings into two main segments: fully packaged opto-semiconductor chips (COB, HTCC, MLCC, LTCC, etc.) and luminaries. Their state-of-the-art manufacturing facility is situated in Oragadam, Tamil Nadu, within the SIPCOT HiTech SEZ. To expand their production capacity, they’ve also acquired a dedicated facility in Krishnagiri, Tamil Nadu.
Polymatech takes complete ownership of the manufacturing process, from chip design and fabrication to packaging and assembly. These chips are then either sold directly to clients or used in their luminary assemblies. Their core mission is to deliver superior-quality chips and energy-efficient luminaries that generate less heat and contribute to global sustainability goals.
Their impressive clientele includes multinational corporations, some of which rank among the Fortune 1000. Polymatech luminaries illuminate various prominent locations across India, including factories, airports, stadiums, gurudwaras, and temples. From Shin-Etsu factories in Japan to the iconic Sawai Mansingh Stadium, their commitment to innovation shines through in the projects they undertake.
Objects of the Issue
- Purchase of new machinery towards enhancing our existing facility at Oragadam, Kancheepuram, Tamil Nadu
- General corporate purposes.
Polymatech Electronics IPO: A Deep Dive (Invest or Wait?)
- To be updated soon
Polymatech Electronics IPO Date & Price Band Details (Tentative)
IPO Category | Date & Price Details |
---|---|
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
Retail investors in the Polymatech Electronics IPO can grab a minimum of [.] shares for ₹ [.] per lot. Eager applicants can bid for up to 13 lots, securing a total of [] shares and investing up to ₹ [].
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)
Get ready to invest! Polymatech Electronics IPO opens its doors on [] and welcomes bids until []. Eager investors can expect final allotment confirmation by [], with the much-anticipated listing on the BSE and NSE slated for [].
IPO Category | Date |
---|---|
Price Band Announcement: | 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 |
Applying for the Polymatech Electronics IPO: Two Options
There are two main ways to participate in the Polymatech Electronics IPO:
- Applying Through Your Bank’s ASBA Platform:
This is the simpler and generally recommended option. Head to your online bank login and look for the ASBA (Application Supported by Blocked Amount) section, often found within the “Invest” section. Once there, you should be able to find and select the Polymatech Electronics IPO to proceed with your application.
- Applying Using Downloaded IPO Forms:
For those who prefer a more traditional method, you can download the official IPO application forms directly from the websites of the National Stock Exchange (NSE) or the Bombay Stock Exchange (BSE):
- Download NSE Forms: NSE forms
- Download BSE Forms: BSE forms
Carefully fill out these forms and ensure all information is accurate. Submit the completed forms to your bank or broker for processing.
Remember:
- The application window closes on April 2024.
- Make sure you have enough funds in your bank account to cover the applied amount.
- The minimum investment is ₹[.] (for [] shares).
By following these steps, you can apply for the Polymatech Electronics IPO and potentially become a shareholder in the company.
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
Let’s delve into the valuation metrics for Polymatech Electronics’ recent IPO. Key aspects to consider include its earnings per Share (EPS), Price-to-Earnings (P/E) ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV).
IPO Valuation | 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
Ready to see if you scored shares in Polymatech Electronics IPO? Head over to KFin Technologies’ website and check your allotment status using the dedicated IPO portal. 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
FAQs – Polymatech Electronics IPO
What is Polymatech Electronics IPO?
Polymatech Electronics is gearing up for a major main-board IPO, aiming to raise a substantial ₹ [] crores. The offer is priced competitively between ₹ [] and ₹ [] per share, making it an attractive proposition for investors. Upon successful completion, Polymatech Electronics will debut on both the BSE and NSE, granting wider access to trade its shares.
When is the opening date for the Polymatech Electronics IPO?
Mark your calendars! Polymatech Electronics IPO kicks off on April 2024, offering participation to QIBs, NIIs, and retail investors.
What is the Investors Portion of Polymatech Electronics IPO?
QIBs at 50% share, take the lead in investor allocation, followed by NIIs at 15% and retail investors at 35%.
What is Polymatech Electronics IPO Size?
The IPO size of Polymatech Electronics amounts to ₹ [].
What is the Price Range for Polymatech Electronics IPO?
Polymatech Electronics IPO offered shares at a price ranging from ₹ [] to ₹ [], successfully raising ₹ [] crore.
What is the Allotment Date for the Polymatech Electronics IPO?
The allotment date for the Polymatech Electronics IPO is scheduled for April 2024.
When is the listing date for the Polymatech Electronics IPO?
Polymatech Electronics IPO is set to debut on both BSE and NSE in April 2024.
Note: The Polymatech Electronics IPO price band and date are officially announced yet. The IPO grey market premium (Polymatech Electronics IPO Premium) will be added to the IPO grey market page as it will start).