Polymatech is a leading Indian company specializing in the manufacturing of advanced electronic components. The company holds the unique record of manufacturing the first Indian semiconductor chip. Established in 2007, the company has quickly risen to prominence due to its commitment to innovation, quality, and customer satisfaction. Polymatech's state-of-the-art facilities and cutting-edge technology position it as a key player in the electronics manufacturing sector. The company’s manufacturing facility is located in Kancheepuram, Tamil Nadu. The company has also already filed its DRHP with SEBI for listing of the IPO. Polymatech offers a wide range of products and services, including LED Components, Semiconductors, Printed Circuit Boards (PCBs), Electronic Manufacturing Services (EMS) and Optoelectronic Components. Polymatech is in the process of expanding its manufacturing facilities from 2 billion to 10 billion chips per year. It introduced ‘Vein Detection Light’ to aid medical procedures. Company has entered into a Strategic Alliance with Orbray Co Ltd to integrate Sapphire Ingot growing technologies. Polymatech also filed for an IPO in October 2023, aiming to raise ₹750 crore to further bolster its manufacturing capacity. The funds will be used to acquire advanced machinery for its Tamil Nadu facility, which already has a production capacity of 300 MPA chips.