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Polymatech Unlisted Shares

BUY

₹ 47.75

SELL

₹ 49.50

The share price of this company has seen an uptrend in the past few days due to it having a good valuation.

As on 16 Jul 2026, 06:06 PM, we are buying shares of the POLYMATECH ELECTRONICS LIMITED for ₹ 47.75 and selling them for ₹ 49.50 per share.

About Polymatech Unlisted Shares

Introduction to Polymatech Unlisted Share

Polymatech Unlisted Share represents a unique opportunity for investors looking to capitalize on India's rapidly growing semiconductor industry. Originally founded in 2007 as a subsidiary of Japan-based Polymatech Company Ltd, the company was later acquired in 2018 by Chennai-based entrepreneurs Mr. Eswara Rao Nandam and Mrs. Uma Nandam. Since then, it has undergone a remarkable transformation, positioning itself as a leading manufacturer of LED semiconductor chips.

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Operating out of the SIPCOT Hi-Tech SEZ in Oragadam, Tamil Nadu, Polymatech specializes in high-quality semiconductor production. The company aims to be a global leader in elastomer parts and semiconductor chip manufacturing, making it a key player in India's efforts to become self-reliant in semiconductor production.

The Evolution of Polymatech Unlisted Share

Before its acquisition by the Nandam family, Polymatech was owned by Polyma Asset Management Company (Japan) and Polymatech (Malaysia), holding 52.2% and 47.8% stakes, respectively. Initially, the company focused on manufacturing mobile phone keypads. However, as demand for mobile keypads diminished around 2011-2012 due to the rise of touchscreen devices, the company faced significant financial difficulties.

The turning point came in 2019 when the new management shifted focus to semiconductor manufacturing. This strategic pivot has allowed Polymatech to thrive, particularly in the LED and optoelectronics segments, making it a strong contender in the Indian semiconductor landscape.

Expansion Plans and Manufacturing Capabilities

Polymatech Unlisted Share has attracted attention due to its aggressive expansion strategy. The company is significantly increasing its semiconductor production capacity, with plans to scale up from 300 million chips per year to an astounding 20 billion chips per year by 2024. To achieve this, Polymatech is investing approximately $1 billion, which will enable it to meet the rising demand for semiconductors across multiple industries.

Products Manufactured by Polymatech:

  • Microcontrollers
  • Wireless Chips
  • Logic Chips
  • Memory Chips
  • LED Chips

These products are essential for applications in smart lighting, healthcare, automotive, and industrial automation. Polymatech’s commitment to research and development ensures that its semiconductor chips remain competitive in the global market.

Leadership and Technological Expertise

The leadership at Polymatech Unlisted Share is a major driver of its success. Led by Mr. Eswara Rao Nandam, an alumnus of BITS Pilani, and supported by Mrs. Uma Nandam, the management team has infused fresh energy into the company. Additionally, Polymatech benefits from the expertise of Japanese nationals who serve as Chief Technology Officers (CTOs) and board members, providing technological guidance and innovation.

This combination of strategic leadership and technical prowess positions Polymatech as a leader in the Indian semiconductor space, ensuring continued growth and market dominance.

Market Potential and Future Growth

With global semiconductor demand reaching new heights, Polymatech Unlisted Share stands to benefit from this upward trend. The company’s focus on LED semiconductor chips, optoelectronics, and ICs aligns perfectly with the increasing adoption of smart lighting solutions, medical-grade LED sanitizing systems, and industrial applications.

India’s semiconductor industry is poised for rapid expansion, driven by government initiatives such as the Production-Linked Incentive (PLI) scheme. Polymatech is well-positioned to leverage these incentives, further boosting its growth trajectory. The company’s large-scale expansion and billion-dollar investment indicate strong confidence in its future profitability.

Investment Potential in Polymatech Unlisted Share

For investors looking at long-term opportunities in the semiconductor sector, Polymatech Unlisted Share offers substantial potential. As a private company, its shares are not publicly traded, making them an attractive investment for those seeking early exposure to a rapidly growing enterprise.

The company’s expansion plans, commitment to innovation, and growing demand for its products suggest that Polymatech could deliver significant returns in the coming years. Investors looking to capitalize on India’s semiconductor boom should keep a close watch on Polymatech’s developments.

Conclusion

Polymatech Unlisted Share has undergone a significant transformation since its acquisition in 2018, emerging as a key player in India's semiconductor industry. With a focus on LED semiconductor chips, aggressive expansion plans, and strong leadership, the company is well-positioned for future success.

As India pushes toward self-sufficiency in semiconductor manufacturing, Polymatech stands at the forefront of this revolution, making it a promising investment opportunity. For those interested in the high-growth semiconductor sector, Polymatech Unlisted Share is a name to watch in the coming years.

Pros

  • Stock is trading at 1.14 times its book value
  • Company is expected to give good quarter
  • Company has been maintaining a healthy dividend payout of 26.3%

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -6.23% over past five years.
  • Company has a low return on equity of 3.68% over last 3 years.

Key Details

Share Name Particulars
Polymatech Unlisted 52.50
Shares Price Per Equity Share
Minimum Lot Size Shares Worth Rs. 15000
52 Week High ₹1025
52 Week LoW ₹54
Depository NSDL & CDSL
PAN Number AAECP29810
ISIN Number INEOOLN01011
CIN U32107TN2007PLC063706
RTA Link Intime
Fundamentals Value
Market Cap (in cr.) 418.36
P/E Ratio 1.67
P/B Ratio 2.61
Debt to Equity 0.03
ROE (%) 30.28
Book Value 20.14
EPS 31.41
Face Value 2
Total Shares 79687775

Financials

P&L Statement 2024 2023 2022
Revenue 1221 649 126
Cost of Material Consumed 780 468 102
Gross Margins 36.12 27.89 19.05
Change in Inventory -79 -16 -18
Employee Benefit Expenses 27 1 0.7
Other Expenses 189 12 1.5
EBITDA 304 184 39.8
OPM 24.9 28.35 31.59
Other Income 17 0.6 0.5
Finance Cost 0.13 3 2.4
D&A 50 16 3
EBIT 254 168 36.8
EBIT Margins 20.8 25.89 29.21
PBT 270 167 35
PBT Margins 22.11 25.73 27.78
Tax 30 0 0
PAT 240 167 35
NPM 19.66 25.73 27.78
EPS 31.41 23.26 5.52
Financial Ratios 2024 2023 2022
Operating Margin 22% 26% 15%
Net Profit Margin 20% 26% 28%
Return on Equity 30% 51% 46%
Debt-Equity 0.03 0.13 0.6
Current Ratio 1.51 0.09 0.02
Dividend Payout 0% 0% 0%
Company Polymatech Ltd MIC Electronics Ltd Moschip Technologies Ltd
Market Cap (₹ Crores) ₹2311 2207 4385
Profitability Margin (%) 19.67% 112.72% 3.40%
ROCE (%) 32.02% 12.30% 6.62%
ROE (%) 30.30% 60.30% 5.17%
D/E Ratio 0.03 0.1 0.31
P/E Ratio 2.13 39.4 261
P/B Ratio 2.88 16.6 15
Book Value per Share (₹) 20.14 6 15.4

Promoters or Management

Name Designation Experience Linkedin Profile
Eswara Rao Nandam MD 30+ View
Uma Nandam Executive Director 25+ View
Vishaal Nandam Executive Director 5+ View

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Frequently Asked Questions

Has there been any stock split in Polymatech in the last year?

In the year 2024, Polymatech implemented a share split, dividing each share into 5 shares. This would change the gace value of share from 10/- to 2/- per share. The record date for this split was 27 December, 2024.

What are the future plans of Polymatech?

Polymatech Electronics is going to set up a semiconductor plant in Nava Raipur to produce Gallium Nitride to enable production of 5G and 6G technology in Chattisgarh. Plans are there to expand in Singapore, Bahrain, US and Nordic countries.

What are Polymatech unlisted shares?

Polymatech unlisted shares are not available on public exchanges. Rather, they are available via a private trading platform or market intermediaries. Our detailed guide on unlisted shares gives an in-depth overview of how unlisted share opportunities work.

How can investors check Polymatech's unlisted share information?

Investors can find important updates, changes in price, and activity in the market on this page and get updated insights regarding other trending unlisted shares like Oyo Unlisted Shares, MSEI Unlisted Shares, and Onix Renewables Unlisted Share on Delisted Stocks.

What makes Polymatech's unlisted shares appealing to certain investors?

The shift in unlisted share price is dependent on demand, corporate updates, interest in the private market, and overall sector momentum. For a better understanding of unlisted share price behavior, refer to our What’s new section for getting updated insights regarding unlisted shares.

Which methods can investors use to buy Polymatech unlisted shares securely?

One can only participate in a secure manner if there are validated, authorized parties, appropriate documentation, and transfer of shares electronically. Investors often spend time on research pages to get an understanding of the business fundamentals. For more orderly information, refer to our blog on the unlisted shares.

Why are Polymatech unlisted shares the most attractive?

Investors are interested in Polymatech unlisted shares because of an interest in private companies with compelling operational stories or growth potential in the sector.

Why do Polymatech unlisted share prices get impacted by low market liquidity?

Unlisted shares are characterized by having low liquidity in comparison to listed companies, as they take longer to transact. This is also something investors should take into account when looking into opportunities. This is deeply discussed in our blogs related to within the resource we provide regarding the market behaviour of unlisted shares in relation to liquidity.

What factors should investors assess before considering Polymatech shares?

Investors often pay attention to updates regarding the company, the milestones achieved in its business, and the overall sentiment surrounding the private market. ​Grasping these fundamental aspects of an unlisted share is important in order to address them.

How is Polymatech different from companies that are delisted?

Unlisted and delisted companies have different operating structures. Polymatech is an unlisted share company, thus has never had its shares traded on public exchanges. On the other hand, delisted companies are those that have had their shares listed on an exchange. Information regarding delisted shares is readily available to the investors.

How can intermediaries or consultants partner with Delisted Stocks regarding Polymatech and other unlisted shares?

New investors have the opportunity to get connected with Delisted Stocks and deal in unlisted shares. This trusted platform is designed to ease the process for investors who deal in unlisted shares. Learn more on our Become Our Partner page.

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