The Polymatech Electronics SME IPO has been announced and its dates are awaited, with the shares to list on BSE, NSE.
Link Intime India Private Ltd is the registrar to the issue, and indicating business stability., profitability trends over recent years, Read more Polymatech Electronics IPO Documents Polymatech Electronics IPO Analytics Polymatech Electronics Valuations Returns RoNW N/A% Data sourced from DRHP / RHP • For educational purposes only Polymatech Electronics Financials ( In Crs.) 31-Mar-23 31-Mar-22 31-Mar-21 Polymatech Electronics financials show revenue growth are the lead managers.
Polymatech Electronics Limited was originally incorporated as Polymatech Electronics Private Limited on May 29, 2007. 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 categorised as fully packaged opto-semiconductor chips and luminaries, which are LED lights used for commercial purposes.
They began the opto-semiconductor chips production in 2019 and use European and Japanese technologies to offer high-quality products to meet international standards. The company designs, fabricates, manufactures, packs and assembles the opto-semiconductor chips and sells them directly to customers. These chips are also used in their luminary assembly. The company’s luminaries are installed at several factories, temples and stadiums, such as Vishay Precision Group, Shin-Etsu, Japan, Sawai Mansingh Stadium, Parthasarathi Temple, Chennai and more.
The opto-semiconductor industry in the world is expected to touch USD 59,224 million by 2028 from USD 43,780 million in 2022. The growth is primarily driven by the automotive sector and infrastructure providers to provide lighting in commercial spaces or households. The company can benefit from the demand.
As described in the offer document.
Work out the listing gain for this SME IPO
Applications are made through ASBA, where the money is blocked in your own bank account rather than paid, or through a UPI mandate for applications up to five lakh rupees. Through your broker's app, choose the issue, the number of lots and the price; bid at the cut-off price so that the application is valid whatever price the issuer finally fixes; and approve the UPI mandate that arrives from your bank.
Through net banking, the ASBA form in your bank's IPO section does the same without a broker. One application per PAN counts; a second application in the same name is rejected, though applications in family members' names with their own PANs and demat accounts are separate.
Retail applications are capped at two lakh rupees; above that you apply as a non-institutional investor, where allotment is proportionate rather than by lottery. The money stays in your account and earns interest until allotment, and the block is released on the allotment date if you receive nothing.
The expected listing premium, usually called the grey market premium, is the amount per share that unofficial dealers are quoting for the issue before it lists. It is a sentiment reading, not a price you can transact at, and it is not regulated by SEBI or the exchanges. It moves through the day, usually tracks subscription, and often changes sharply in the final hours before listing.
Rupix records every observation and shows the trend, as a percentage of the top of the price band so that issues of different sizes can be compared. It is one input, alongside subscription, the company's financials and the valuation the issue asks for, and it does not predict the listing price.
Polymatech Electronics IPO is an issue of about ₹1,500 crore, proposed to be listed on BSE and NSE. The IPO dates, price band and lot size are yet to be announced. Link Intime India Private Ltd is the registrar.
The price details for Polymatech Electronics IPO are not available yet.
The lot size of Polymatech Electronics IPO is not announced yet.
The minimum investment for Polymatech Electronics IPO is not announced yet.
Polymatech Electronics IPO opening and closing dates are not announced yet. We will update the Polymatech Electronics IPO opening and closing dates as soon as they are available.
Polymatech Electronics IPO allotment date is not announced yet. We will update the Polymatech Electronics IPO allotment date as soon as it is available.
Polymatech Electronics IPO listing date is not announced yet. We will update the Polymatech Electronics IPO listing date as soon as it is available.
No recorded Grey Market Premium (GMP) quote is currently available for Polymatech Electronics IPO. GMP is unofficial and does not forecast or guarantee the actual listing price.
You can check Polymatech Electronics IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Polymatech Electronics IPO allotment status on Rupix for quick and easy access.