Sillverton Industries IPO
Sillverton Industries IPO Details
The Sillverton Industries IPO is a 100% book-built issue comprising a fresh issue of ₹300 crore and an offer for sale (OFS) of 3.22 crore equity shares, with a face value of ₹5 per share. The company filed its DRHP with SEBI on June 27, 2025.
The price band and official dates of listing and subscription will be announced by the company later, but the shares are supposed to be listed on the BSE and the NSE platforms. The book-running lead manager of this issue is Pantomath Capital Advisors Pvt. Ltd., while registrar to the issue is Bigshare Services Pvt. Ltd.
Sillverton Industries IPO Date & Timeline
Sillverton Industries Ltd. officially filed its Draft Red Herring Prospectus (DRHP) on June 27, 2025. However, the specific Sillverton Industries IPO date and subscription timeline remain unannounced. Following regulatory approval, the company will finalise the price band and bidding dates. Once cleared, the schedule for anchor allotment, public bidding and the final listing on the exchange will be formally disclosed.
Sillverton Industries IPO GMP (Grey Market Premium)
“Grey Market Premium” or GMP is defined as the rate at which the IPO's shares are traded in the market before they are officially listed on the stock exchange.
The Sillverton Industries IPO GMP is currently trading at ₹[.], reflecting the sentiment of unofficial investors before the official listing. This premium suggests a potential listing price of ₹[.], which is [.]% above the issue price. While the Grey Market Premium (GMP) is a key indicator of demand and investor appetite, it is important to remember that GMP is highly volatile and should not be the sole factor in your investment decisions.
Company Background
Sillverton Industries Ltd. has a long-standing history, incorporated as "Silverton Pulp & Papers Ltd." in 1995. Over 3 decades (30+ years), the business evolved its operational scope and transitioned its corporate identity. In early 2025, the name was changed to "Silverton Industries Private Ltd." before converting to a public limited company under its current name in May 2025. The company is a prominent Indian manufacturer of eco-friendly paper-based products. Based in Muzaffarnagar, Uttar Pradesh, the company operates a large-scale facility spanning nearly 59 acres, specialising in Writing & Printing, Kraft and cupstock paper using recycled waste. With a revenue of ₹1,010 Cr in FY 2025.
Operations & Product Range
Sillverton Industries Ltd. demonstrates the company’s background as a producer of pulp and paper goods, since its principal activities include structured industrial production. The firm produces goods that correspond to the changing demands of its end-users, whose needs are addressed by manufacturing processes that guarantee high quality and quantity of products and the target customers depend on stable industrial production. The company functions as an organisation that serves particular industrial needs by producing appropriate products in accordance with the industry's demands.
Facilities & Capacity
The main operational unit of Sillverton Industries Ltd. is based in Uttar Pradesh, while its main registration office and other related establishments are located in Muzaffarnagar. Over the decades, it has built its manufacturing capability to facilitate its business model, which aims for continuous production cycles and works with the vision of enhancing its target market uniqueness.
Brands & Market Presence
Sillverton Industries Ltd. is mainly a manufacturer of industrial products in a business-to-business (B2B) model and not a retail entity. It is the decades-long continuity in operations and existing supply lines in its targeted industry that have created its market position. The company has maintained high levels of national visibility through its production of goods meant for industrial consumers. Its market presence stems from its heritage as Silverton Pulp & Papers, which ensures its continued commercial presence and industrial relevance.
Revenue Streams & Business Model
Sillverton Industries Ltd.'s business model revolves around manufacturing activities, whereby the major source of income for the business comes from selling manufactured products to various industrial organisations and distributors.
The revenue generation of this company depends on effective and efficient manufacturing and supply chain processes. By concentrating its resources on its manufacturing skills, the firm has recorded a growing financial statement in FY24, as its total income was recorded at ₹752.45 crore and a profit after tax at ₹82.44 crore, with a growing EBITDA of ₹131.23 crore.
Management & Shareholding
Sillverton Industries Ltd. is led by a dedicated promoter group comprising Akshay Jain, Rajeev Jain, Rajesh Jain, Monica Jain and Sanjeev Jain, who have been instrumental in the company's evolution. Before the IPO, the promoters and promoter group held a substantial amount of the pre-issue shareholding, but after the listing, the shareholding structure will see a dilution following the fresh issue and the OFS, where several promoter group entities are partially offloading their stakes to expand the public float and facilitate the listing process.
Board & Key Management
The board members and top management of Sillverton Industries Ltd., which includes both the operation managers and independent directors, play an important role in directing the company’s strategic plan, governing the company, ensuring compliance and financial control. Ravikant serves as a company secretary and a compliance officer, working closely with the board to maintain operational efficiency and uphold statutory standards.
WHAT IS GMP?
GMP (Grey Market Premium) is the difference between the IPO price and the grey market price. It is the premium amount paid for the traded IPO shares. It plays an important role in IPOs as it reflects how the IPO would react on the listing day.
A grey market is a place where shares/stocks are traded before being listed officially on the stock exchange.
Sillverton Industries IPO GMP
| GMP Date | IPO Price | GMP | Last Updated |
|---|---|---|---|
| - | - | - | - |
**The GMP prices displayed here are solely for informational purposes related to the grey market news. India IPO does not engage in or facilitate grey market trading, nor are these rates (sub2) indicative of any trading activity. We also do not recommend or endorse participation in the grey market.**
Sillverton Industries IPO Details
| Detail | Description |
|---|---|
| IPO Date | - |
| Listing Date | - |
| Face Value | ₹5 per share |
| Issue Price Band | - |
| Lot Size | - |
| Sale Type | Fresh Capital & OFS |
| Total Issue Size | - |
| Reserved for Market Maker | - |
| Fresh Issue(Ex Market Maker) | [.] shares (agg. up to ₹300 Cr) |
| Offer for Sale | 3,22,00,000 shares of ₹5 (agg. up to ₹[.] Cr) |
| Net Offered to Public | - |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 24,54,54,368 shares |
| Share Holding Post Issue | - |
Sillverton Industries IPO Timeline
| Detail | Description |
|---|---|
| IPO Open Date | - |
| IPO Close Date | - |
| Tentative Allotment | - |
| Initiation of Refunds | - |
| Credit of Shares to Demat | - |
| Tentative Listing Date | - |
| Cut-off time for UPI mandate confirmation | 5:00 PM on the Bid/Offer Closing Date |
Sillverton Industries IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 1 | - | ~₹14,000 - ₹15,000 |
| Individual investors (Retail) (Max) | 13-14 | - | Up to ₹2,00,000 |
| S-HNI (Min) | 14-15 | - | Over ₹2,00,000 |
| S-HNI (Max) | 66-70 | - | Up to ₹10,00,000 |
| B-HNI (Min) | 71+ | - | Over ₹10,00,000 |
Sillverton Industries IPO Promoter Holding
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| Promoter Holding Pre Issue | 100.00% |
| Promoter Holding Post Issue | - |
Competitive Strength:
- • A proven track record in operations for more than 2 decades, enabling extensive industry knowledge and market connections
- • Well-positioned operating sites in Muzaffarnagar, ensuring optimal logistics and access to industrial zones
- • A seasoned team of promoters and management with a thorough grasp of the manufacturing environment
- • A proven business model that can deliver reliable output and domestic availability
Sillverton Industries IPO Financial Information
| Period Ended | Assets | Total Income | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing | ||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 31 Dec 2024 | 749.27 | 752.45 | 82.44 | 413.87 | - | 193.86 | ||||||||||||||||||||||||||||||||||
| 31 Mar 2024 | 642.42 | 890.09 | 88.62 | 331.37 | - | 186.21 | ||||||||||||||||||||||||||||||||||
| 31 Mar 2023 | 469.40 | 872.92 | 68.20 | 242.65 | - | 96.37 | ||||||||||||||||||||||||||||||||||
| 31 Mar 2022 | 387.24 | 620.78 | 30.43 | 174.20 | - | 141.87 | ||||||||||||||||||||||||||||||||||
| Amount in ₹ Crore | ||||||||||||||||||||||||||||||||||||||||
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 26.74% |
| ROCE | 26.93% |
| Debt/Equity | 0.56x |
| RoNW | 26.74% |
| PAT Margin | 10.08% |
| EBITDA Margin | 13.65% |
| Price to Book Value | - |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 3.61 | |
| P/E (x) |
Sillverton Industries IPO Objectives
The company intends to use the Sillverton Industries IPO proceeds for strategic purposes:
- • Funding capital expenditure requirements towards investment in sustainability initiatives
- • Repayment/prepayment of debt (in part or in full)
- • Funding ongoing working capital requirements
- • General corporate purposes
Sillverton Industries IPO Review
Sillverton Industries Ltd.’s operations are rooted in a nearly 30-year history; the company has demonstrated the ability to evolve its corporate structure and maintain market relevance. This issue combines a new issue of ₹300 crore with an offer for sale of 3.22 crore equity shares to provide a smooth exit to the shareholders and to raise funding from the primary market.
For FY24, the company has shown profitable and growing financial statements, which show a total income of ₹752.45 crore and a profit after tax (PAT) of ₹82.44 crore. The main purpose of this issue is to strengthen the balance sheet and investment in the units' capital expenditure for expansion.
Prospective investors should consider the inherent risks of industrial manufacturing when investing in a transparent and trustworthy company. The company's future growth will depend significantly on its ability to execute expansion plans efficiently and manage working capital post-listing. Overall, the company's IPO review indicates that a detailed financial performance analysis upon the release of the RHP will be a crucial next step in understanding its precise valuation and long-term potential.
Conclusion
Sillverton Industries IPO is an opportunity for investors to invest in a growing company that has decades of operational history. The company is well-positioned to leverage the capital raised through this IPO to strengthen its balance sheet and enhance manufacturing capabilities. By focusing on strategic capital expenditure and debt reduction, the company is preparing for a new phase of formalized corporate growth.
IPO DRHP Status
| # | Description | Date | File |
|---|---|---|---|
| 1 | Filed with SEBI/Exchange | 02-07-2025 | View DRHP |
| 2 | SEBI/Exchange approval received | 12-01-2026 | - |
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Read More IPO ReviewsFrequently Asked Questions (FAQs)
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What are the Sillverton Industries IPO details?
A book-built offer comprising a fresh issue of up to ₹300 crore and an OFS of up to 3.22 crore equity shares, with a face value of ₹5 each, to be listed on both BSE and NSE platforms.
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What is the Sillverton Industries IPO date?
Not yet finalized; the company filed its DRHP on June 27, 2025. The final dates will be announced in the subsequent RHP filing.
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Who are the promoters of Sillverton Industries Ltd.?
The promoters of the company are Akshay Jain, Rajeev Jain, Rajesh Jain, Monica Jain and Sanjeev Jain.
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Who are the book-running lead managers of Sillverton Industries Ltd.?
The book-running lead manager of this issue is Pantomath Capital Advisors Private Ltd.
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What is the Sillverton Industries IPO GMP today?
Not available yet, as the issue is still at the DRHP stage. Grey market activity typically begins closer to the price band and issue opening date announcements.
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What are the objectives of the Sillverton Industries IPO?
IPO proceeds of the issue will be used for the capital expenditure, repayment of certain borrowings, meeting working capital requirements and general corporate purposes.