Your search to learn about Polymatech to buy its unlisted share from the top broker to reap huge profits. It is because Polymatech has a rich history dating back to 1947, making many semiconductors that are unsung heroes that make the modern world use many devices to live safely and comfortably. Semiconductors are critical in many industries, from electronics, communication, etc, for its market size to grow from over 611 to over 681 billion dollars from 2023 to 2024 and more in the future. Hence, Polymatech’s share price rose to an all-time high above Rs. 1,000 on February 24 to now trade at around Rs. 750.
So, check out all you want to know about Polymatech shares to buy its unlisted share as not only the semiconductor industry is crucial for making many electronic devices like laptops and equipment for data transfer and others, but also the high potential of Polymatech Electronics expanding its 5G and 6G semiconductor chips and others manufacturing capacities beyond India to increase its revenues and profits in the future.
What is Polymatech?
Japan’s rubber company Fuji Rubber started in 1947, became Fuji Polymatech and started Polymatech Electronics in India in 2007 to make opto semiconductors, which are in high demand worldwide. In 2019, BITS alums Nandam took over Polymatech, which was the first opto semiconductor maker in India to make others like 5G and 6G chips proper in many sectors. Nandam made the loss-making Polymatech company become profitable in the last few years, increasing revenue from only Rs. 45 crores to over Rs. 649 crores from 2021 to 2024 and also raising the profit from Rs. 7 to 167 crores for the same period. With more expansion plans in 2024 beyond India, the revenue and profit of Polymatech are to increase further as the advanced semiconductor chips quantity manufacturing capacity will increase.
What are the Polymatech unlisted share movements in recent years?
From the time Nandam took over the ownership of Polymatech Electronics, its unlisted share became popular among investors. It is because of being the pioneer in making opto semi conductor and other chips with massive demand in India and abroad. Hence, the Polymatech unlisted share price trading around Rs. 450 in August 2023 went to an all-time high of Rs.1,025 in February 2024. But it is now available at around Rs. 775. It is one of the best buys in the grey market to reap huge profits. It is because of the recent reports of Polymatech expanding its manufacturing capacity by starting a unit with a 16 million dollar investment.
The above facts will end your search to learn all about Polymatech Electronics. Buy its unlisted shares to reap huge profits, as it is a pioneer in making the demand for opto semiconductors and other chips and expanding its capacity in India and abroad. Stockify is a leading platform that allows investors to buy and sell pre-IPO shares, offering access to high-growth companies before they go public. With Stockify, you can explore exclusive opportunities in unlisted shares and diversify your investment portfolio with the potential for significant returns. Check out unlisted share price india at Stockify.
