Archive · 12 Jan 2026
Polymatech Electronics Plans ₹10,000-Crore IPO for Expansion
Polymatech Electronics is a company that makes semiconductor chips.
They are planning to raise ₹10,000 crore through an IPO to grow their business and make new products.
They also want to raise $250 million from investors before the IPO.
The company is expanding into making medical devices, like vein finder tools.
They have factories in many countries and are building a new one in Chhattisgarh, India.
The company wants to introduce a new product every six months and expects to make ₹2,000 crore in revenue by the end of the fiscal year 2025.
Polymatech Electronics is planning a ₹10,000-crore IPO to fund expansion and product development.
The company aims for a valuation of ₹1 lakh crore and is finalizing merchant bankers.
Pre-IPO funding of $250 million is being sought, with interest from global investors.
Polymatech is expanding into medical devices, launching vein finder devices and seeking regulatory approvals.
The company plans to introduce a new product every six months and expects ₹2,000 crore in FY25 turnover.
- Who
- Polymatech Electronics, a semiconductor and electronics products company
- What
- Planning a ₹10,000-crore IPO and expanding into medical devices manufacturing
- When
- Draft papers to be filed within this calendar year; pre-IPO funding deal expected to finalize after January 14
- Where
- Operations in India, Singapore, US, Estonia, France, and Bahrain; expanding in Chhattisgarh and potentially Austin or Dallas
- Why
- To fund expansion, product development, and transition from chip manufacturer to broader electronics products company
- IPO Size
- ₹10,000 crore
- Company Valuation
- ₹1 lakh crore (one-year forward basis)
- Pre-IPO Funding
- $250 million
- Global Investor Interest
- Up to $1 billion
- New Product Plan
- One new product every six months
- Expected FY25 Turnover
- ₹2,000 crore
- Chhattisgarh Investment
- ₹1,143 crore