Polymatech Electronics Ltd. IPO Details
Polymatech Electronics was originally incorporated as Polymatech Electronics Private Limited on May 29, 2007. It is an opto-semiconductor chip manufacturer.
| Bidding Dates |
|---|
| To Be Announced |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| - | - | - | - | 0 | - | - | ₹7,500.0 M | DRHP DOC |
Polymatech Electronics Ltd. issue details
Polymatech Electronics Ltd. IPO issue size is ₹ 7,500.0 M
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 35% | 15% | 50% |
Polymatech Electronics Ltd. IMPORTANT IPO DATES
| Issue Open Date | - |
| Issue close Date | - |
| Allotment Date | - |
| Refund Date | - |
| Demat Account Credit Date | - |
| Listing Date | - |
| Listing on Exchange(s) | NSE and BSE |
Polymatech Electronics Ltd. NUMBER OF SHARES ON OFFER
Polymatech Electronics Ltd. FINANCIALS
| Period | Net Profit (Rs in millions) | Revenue from Operations (Rs in millions) | Cash Flow from Operations (Rs in millions) | Free Cash Flow (Rs in millions) | Margins |
| FY23 | 1,677.7 | 6,490.2 | 462.2 | -341.5 | 28.6% |
| FY22 | 342.7 | 1,258.7 | -13.3 | -112.4 | 31.7% |
| FY21 | 62.9 | 450.1 | 309.3 | -8.9 | 23.1% |
Polymatech Electronics Ltd. INFORMATION ON IPO ISSUE
About Polymatech Electronics Ltd.
Polymatech Electronics was originally incorporated as Polymatech Electronics Private Limited on May 29, 2007. It is an opto-semiconductor chip manufacturer.
Object of the Issue
- Purchase of new machinery towards enhancing the existing facility at Oragadam, Kancheepuram, Tamil Nadu.
- General corporate purposes.
Polymatech Electronics Ltd. - PROMOTERS
| Name |
|---|
| Mr. Eswara Rao Nandam |
| Ms. Uma Nandam |
| Mr. Vishaal Nandam |
Polymatech Electronics Ltd. Book running lead manager
KHAMBATTA SECURITIES LIMITED
ipo@khambattasecurities.com
Polymatech Electronics Ltd. Registrar to the issue
LINK INTIME INDIA PRIVATE LIMITED
polymatechelectronics.ipo@linkintime.co.in
Polymatech Electronics Ltd. Strengths
India's first opto-semiconductor chip manufacturer
Polymatech is India's first opto-semiconductor chip manufacturer, as reported by CARE Edge. According to the CARE Edge report, there are no peers of Polymatech with a similar product profile in India
Focus on R&D
All of the company's products are developed in-house by the R&D team. Their R&D team focuses on product design, tool design, electronic circuit design, prototype design, and more
Consistent financial performance
Presence in product segments with growing demand, a continuous focus on R&D, cost management, a global customer base, and an ongoing emphasis on efficiency and productivity have enabled the company to deliver consistent and strong financial performance
Polymatech Electronics Ltd. Risks
Dependent on limited customers
The company is dependent on, and derives a substantial portion of its revenue from, a few customers. Cancellation by these top customers or delays or reductions in their orders could have a material adverse effect on the business, results of operations, and financial condition
Dependent on technical know-how
The company is highly dependent on the technical know-how, experience, and skills of its Board of Directors and Key Managerial Personnel. If the company is unable to attract or retain such qualified personnel, this could adversely affect the business, results of operations, and financial condition
Manufacturing requirements
The manufacturing process requires a specific temperature, a high level of cleanliness, and precision to manufacture products with expertise. The manufacturing process is very delicate, and even a brief power outage or voltage instability can impact the process
IPO FAQs
The promoters of the company are Mr. Eswara Rao Nandam, Ms. Uma Nandam and Mr. Vishaal Nandam.
The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.