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Chip maker Polymatech Electronics files draft papers for Rs 750-cr IPO - Vimarsana News

Chip maker Polymatech Electronics files draft papers for Rs 750-cr IPO

The company produces opto-semiconductor chips and luminaries, offering solutions for diverse industries inLarge-area lighting at commercial places and has developed and completed the trials of products for Medical applications, data transmission, specialized lighting for photosynthesis, aqua lighting, sanitisation, among others.

Polymatech Electronics files DRHP to raise up to Rs 750 crore via IPO - Vimarsana News

Polymatech Electronics files DRHP to raise up to Rs 750 crore via IPO

According to the draft papers, the companys offering comprises a fresh issue of equity shares (face value Rs 10 each), aggregating to an issue size of up to Rs 750 crore, through book building route. There will be no offer-for-sale component.