Polymatech Electronics IPO

Polymatech Electronics Limited: Pioneering Opto-Semiconductor Manufacturing in India

Incorporated on May 29, 2007, Polymatech Electronics Limited is India’s first manufacturer of opto-semiconductor chips. With state-of-the-art manufacturing facilities in Kancheepuram and Krishnagiri, Tamil Nadu, the company produces fully packaged opto-semiconductor chips and LED luminaires for commercial use.

Polymatech commenced its production of opto-semiconductor chips in 2019, leveraging advanced technologies from Europe and Japan to ensure high-quality products that meet global standards. The company handles the complete process in-house—designing, fabricating, manufacturing, packing, and assembling opto-semiconductor chips, which are also used in its luminaire products. These luminaires are installed in various notable locations, including factories, temples, and stadiums such as Vishay Precision Group, Shin-Etsu Japan, Sawai Mansingh Stadium, and Parthasarathi Temple, Chennai.

The global opto-semiconductor industry is poised for significant growth, expected to reach USD 59,224 million by 2028, up from USD 43,780 million in 2022. This growth is driven largely by increasing demand from the automotive sector and infrastructure development, providing Polymatech with substantial opportunities in the expanding market for commercial and residential lighting solutions.