12/4/2024, 10:21:02 am

Chipmaker Polymatech plans ₹1,500 crore IPO by year-end

Semiconductor chip manufacturer Polymatech Electronics plans to raise ₹1,500 crore through an initial public offering (IPO) by the year-end, chief executive and managing director Eswara Rao Nandam said in an interview. This public offer will be twice the size of the ₹750 crore initially planned when the company had filed its draft prospectus with the Securities.