Semiconductor chip manufacturer Polymatech has seen some recent price changes. In just 2 months, May-June 25, the polymatech unlisted share price has surged almost 2X within a 1-month gap. This surge was primarily due to the IPO Message by Eswara Rao Nandam, MD of Polymatech

On 17th May 25, the polymath share price stood at Rs 52. After the public release of the announcement dated 23rd April 2025, the share price jumped to Rs 115. Currently, polymatech is trading around Rs 95 per share in the unlisted share market.
Highlights Of Polymatech MD Announcement
Polymatech MD Eswara Rao Nandam made a list of announcements in his message to shareholders and investors. The following gained the attention of investors.
1. Chennai and Raipur Production Facilities
Polymatech’s Chennai plant is now fully operational and running at its peak capacity. With increasing demand for their semiconductor chips, Polymatech is now scaling operations, catering to different sectors like automotive, industrial, and consumer electronics.
Along with the Chennai facility, the semiconductor manufacturers have laid the foundation stone for
India’s first Gallium Nitride (GaN) semiconductor facility in Nava Raipur, Chhattisgarh. This ₹1,143 crore facility is projected to produce 10 billion GaN chips annually by 2030. Thus serving different sectors like 6G communications,
defence, and high-performance computing.
2. USD 200 Million Global Revenue
The geopolitical issues, especially in the semiconductor arena, halted exports for Q42025. Still, the company achieved a global USD 200 Million consolidated revenue (Around Rs 17,200 Million), which is more than the FY 23-24 revenue of Rs 12,376 Million. This reflects a strong financial performance and expanding international footprint of Polymatech.
3. Expanding Operations Globally
Polymatech is expanding its operations across the globe from the US, Nordic Regions and MENA, to Singapore and Asia Pacific. They are creating their footprint globally in terms of research, academic collaborations, team onboarding and facility developments. Thus, positioning themselves as a leader in semiconductor innovation and growth.
4. Tapping Growth Industries Like EV
Polymatech is advancing the development of semiconductor solutions for electric vehicles (EVs), including microcontrollers, SoCs, LiDAR, cameras, and connectivity modules such as Bluetooth, 5G, and GPS. Plans are also underway to initiate Silicon Carbide (SiC) wafer production, critical for EVs and high-power electronics.
5. IPO Plans Initiated
Polymatech is initiating the process of engaging with merchant bankers to launch our Initial Public Offering (IPO). The capital raised will be strategically invested in scaling our operations and expanding manufacturing capabilities worldwide.
Polymatech IPO Drawing Investor Attention
Polymatech’s Financial Announcement and IPO drew a lot of investor attention, who are looking forward to buying Polymtech Pre-IPO Shares. This can be one of the major reasons we have seen a 2X jump in its unlisted share in just 1 month. The company stands out in the market as it currently has no direct competitors in India for its specialised opto-semiconductors.
Is Polymatech a good buy?
With recent operational expansions, financial growth and IPO plans, there has been a positive sentiment for investing in polymatech unlisted shares. However, investors need to carefully evaluate the pros and cons of a company before investing their money.