About Polymatech Electronics Ltd. Unlisted Shares
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 Kr...
Latest available unlisted share price: ₹150.00
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.
The 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
- 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 were provided by the company regarding the dividend.
Collaboration with Orbay
Currently, Polymatech signed an agreement with Orbray, a Japanese company for collaboration. This leading Indian manufacturer of opto-semiconductors and chip modules is now entering into wafer fabrication. The company plans to become a fully integrated semiconductor company.
Under the MoU, Sapphire Ingot growing technologies will be supplied to Polymatech by Orbray Co. This step is crucial and will help Polymatech Electronics in achieving its vision of becoming a fully integrated end-to-end semiconductor company. The company has finalized the procurement of Sapphire Ingot growing and wafer fabrication machinery, planned to be installed at Polymatech by March 2025. Polymatech engineers will be the Orbray Co. at their facility in Japan.
This partnership may prove to be a significant step in the growth of the company. It will drive innovation and open up new avenues for technological advancement.
Subsidiaries
As of the date of this Draft Red Herring Prospectus, our Company does not have any subsidiaries.
Registered Office
The registered office of the company is in Kancheepuram, Tamil Nadu, India.
Recent News
Polymatech is a leading player in semiconductor manufacturing and has a strong presence in India and global business operations in the USA, Singapore, Bahrain, UK, and the UAE. It announced the signing of a Memorandum of Understanding (MoU) with ECM Group, a globally recognized leader in advanced microelectronics and semiconductor technologies, to establish a Joint Venture Company in Grenoble, France. The new venture will focus on producing sapphire ingots and wafers, key materials for advanced semiconductor devices.
The proposed Joint Venture Company will establish its manufacturing operations in Grenoble, known as the Silicon Valley of Europe which is a crucial hub for semiconductor technology in Europe. Grenoble is home to key industrial entities and prime research institutions. This shows that Polymatech focuses on accelerating growth in the semiconductor industry. These initiatives are being taken by Polymatech, aimed at expanding its global manufacturing footprint while maintaining a robust financial position. This state-of-the-art facility will serve as Polymatech's premier high-volume production hub for sapphire wafers, utilizing the cutting-edge Greentech technologies from both Polymatech and ECM Group.
Fundamentals
Financials
| P&L Statement | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Revenue | - | 125.87 | 649.02 | 1220.67 |
| Other Income | - | 0.55 | 0.64 | 16.96 |
| COGS | - | 98.24 | 450.64 | 780.23 |
| Gross Profit | - | 28.18 | 199.03 | 457.40 |
| Total Expense | - | -12.24 | 12.97 | 137.14 |
| EBIDTA | - | 40.42 | 186.06 | 320.27 |
| D&A | - | 3.18 | 16.05 | 50.17 |
| EBIT | - | 37.24 | 170.01 | 270.10 |
| Interest Expense | - | 3.86 | 3.24 | 0.13 |
| PBT | - | 33.39 | 166.78 | 269.97 |
| TAX | - | 0.77 | - | 29.88 |
| PAT | - | 32.61 | 166.78 | 240.09 |
| Diluted EPS | - | 5.48 | 23.20 | 31.41 |
| Basic EPS | - | 5.48 | 23.20 | 31.41 |
| Total income | 0.00 | 126.42 | 649.66 | 1,237.63 |
ASSETS
| CURRENT ASSETS | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Cash and Cash Equivalents | - | 0.03 | 41.34 | 22.03 |
| Trade Payables | - | 25.82 | 133.26 | 519.70 |
| Inventory | - | 19.73 | 36.20 | 267.26 |
| Other Current Assets | - | 1.23 | 22.40 | 360.71 |
| Total Current Assets | 0.00 | 46.81 | 233.20 | 1,169.70 |
| NON CURRENT ASSETS | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Plant Property and Equipment | - | 90.00 | 154.29 | 446.32 |
| Long Term Investment | - | - | - | - |
| Other Non Current Assets | - | 0.51 | - | - |
| TOTOAL NON CURRENT ASSSETS | 0.00 | 90.51 | 154.29 | 446.32 |
| Total Assets | 0.00 | 137.32 | 387.49 | 1,616.02 |
|---|
| CURRENT LIABILITES | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| TRADW Payable | - | 15.46 | 19.73 | 275.92 |
| Other Current Liab | - | 5.70 | 27.19 | 496.47 |
| Total Current Liab | 0.00 | 21.16 | 46.92 | 772.39 |
| NON CURRENTLIABILITIES | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Long Term Debt | - | 37.83 | 15.89 | 21.15 |
| Deffered Tax Liab | - | 7.74 | 6.62 | 30.09 |
| Other Non Current Liab | - | 1.65 | - | - |
LIABILITIES
| EQUITY | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Share Capital | - | 63.46 | 71.88 | 79.69 |
| Reserves And Surplus | - | - | - | - |
| Other Equity | - | 5.49 | 246.19 | 712.73 |
| Retained Earnings | - | - | - | - |
| share Equity | 0.00 | 68.95 | 318.07 | 792.42 |
| Total Liabilities | 0.00 | 116.17 | 340.58 | 843.66 |
|---|
| CASH FLOW STAT | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Cash Flow from operating | - | 2.95 | 47.53 | 253.88 |
| Cash Flow from financing | - | 6.99 | 74.11 | 204.10 |
| Cash Flow from investing | - | -9.91 | -80.33 | -477.25 |
| Net cash flow | 0.00 | 0.03 | 41.31 | -19.27 |
Revenue Growth
PAT Growth %
EPS Growth %
TOTAL ASSETS Growth %
QUICK RATIO Growth %
LONG TERM DEBT TO EQUITY RATIO Growth %
The lockin period is of 6 months for pre-ipo investors i.e. they cannot sell their shares for 6 months after they get listed. However, they can definitely sell the shares in pre-ipo market before they get listed.
With BharatInvest, you can now invest in unlisted/pre-ipo shares with as low as 25-50k depending upon the share.
- 1. You can download the NSDL or CDSL application and login into the account and check whether the shares have been credited or not.
- 2. Credit of Unlisted Shares/Pre-IPO shares can be checked in brokers application as well but it takes T+2 days to show the shares.
- The value of share in unlisted space is determined in the same way as it is done in listed market. Demand and supply decide the price of any share. If the demand more than the supply, then the prices of the share increases and vice versa.
- When a new shares is introduces in the unlisted space, the value of the company is decided upon the last funding raised by company. If the company hasn’t raised any funding in the past, then the valuation is decided upon the fundamentals of the company.
A Public Unlisted Shares Is Not Listed on Stock Exchange, Where as a Listed Public Company Is Listed On Stock Exchange Such As BSE Or NSE For Trading Of Shares.
If you sell your shares within 2 years, then you will have to pay Short-term Capital gain on unlisted shares. Short-Term Capital Gain is added in your Income. So, as per individual tax slab you need to pay capital gain tax.
If you sell your shares after 2 years, then you will have to pay Long-term Capital gain on unlisted shares LTCG is 12.5% without indexation benefits.
After listing of shares, the unlisted shares which you have bought through unlisted market, will be taxed at listed rates, if sold through exchange. So, taxes of listed market will be applicable. And, to calculate holding time, for determining LTCG or STCG, the purchase date of unlisted shares will be applicable.
Absoluetly NOT! Grey market is all about speculation relation to open price, subscription rate etc. And does not include physical delivery of shares. Whereas in pre ipo market you get to invest in shares much before the ipo too and it involves physical delivery of shares. It is compeletly legal and does not include any such speculation.
Existing stakeholders, promoters or employees who have equity shares of an unlisted company and early investors who wish to get value of their investment.
1. Yes, investing in unlisted shares is undoubtedly legal in India. The trading takes place in the over-the-counter market.
Related News
No related news is available for Polymatech Electronics Ltd..