Q1. What is the business of Silver Consumer Electricals Limited ?

It manufactures consumer electrical products such as pumps, motors, solar pumps, fans, lighting and agricultural equipment, selling through its own brands and OEM partnerships across India.

Q2. Why is the company raising funds via IPO?

Silver Consumer is raising funds via IPO to repay existing borrowings and to reduce debt.

Q3. What is the size of the issue and where will it list?

The issue size of the IPO is ₹ 1,400 Crore, comprising ₹ 1,000 crore as Fresh Issue and OFS of ₹ 400 Crore. It will be listed on BSE and NSE platform.

Q4. What are the key risks to an investor?

Key risks include dependence on a few large customers, revenue concentration in Western India, intense competition in electrical goods, and exposure to rural and agricultural demand cycles.

Q5. What are the potential upsides?

Upsides include rapid revenue growth, large integrated manufacturing capacity, diversified product portfolio, strong OEM relationships, and rising demand in India’s consumer electrical sector.

Q6. How to apply for the IPO?

Investors can apply for the IPO through ASBA via net banking or using UPI through registered stock brokers once the IPO opens for subscription.

Silver Consumer Electricals Limited

Upcoming

Silver Consumer Electricals Limited

Market Cap

—

IPO Issue Size

₹ 1400 cr

Expected Price by IPOCorner

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IPO Score

*Score varies on actual price

Silver Consumer Electricals Limited is engaged in the manufacturing of electrical consumer durable products such as pumps & motors, solar pumps, fans, lighting products, and agricultural equipment. The company sells its products under its own brands like Silver and Bediya and also manufactures products for OEM companies in India. The company filed its DRHP with SEBI to raise ₹1,400 crore through an IPO. The issue includes a ₹1,000 crore fresh issue of shares and a ₹400 crore OFS by existing shareholders.

Silver Consumer Electricals Limited was incorporated on 1981 & currently Mr. Vinit Bediya serves as the Managing Director & Chairman of the company.

It manufactures pumps, motors, solar pumps, fans, lighting products, and agricultural equipment for residential and agricultural use. The company sells products under its own brands “Silver” and “Bediya” and also manufactures for OEM brands in India.It primarily operates through dealers, distributors, and OEM partnerships across India rather than retail stores. Its revenue is heavily concentrated in Western India (about 78% of domestic revenue) with a large customer base including leading OEM clients.

Subscription date to apply for Silver Consumer Electricals Limited is yet to be announced. Price band for the IPO is yet to be declared.

Year	2025
Networth	₹ 649.01 Cr
Revenue	₹ 1586.38 Cr
EBITDA	₹ 161.51 Cr
PAT	₹ 47.69 Cr
EBITDA Margin	~10.02%
PAT Margin	~2.96%
Face Value	Rs.02 per Equity Share

IPO Important Dates

#	Date
Open Date	TBA
Close Date	TBA
Anchor Investor Bidding	TBA
Allotment Date	TBA
Refunds& Demat Credit	TBA
Tentative Listing Date	TBA

Use Of Proceeds

Purpose	Amount
Borrowing Repayment	₹ 865 Cr
Subsidiary Borrowing Payment	₹ 35 Cr
-	-
-	-
-	-
General Corporate Purpose	Balance

Financial Data

#	2023	2024	2025
Revenue (₹ Cr)	₹ 416.5	₹ 878.9	₹ 1,586.4
PAT (₹ Cr)	₹ 19.7	₹ 28.2	₹ 47.7
Asset (₹ Cr)	₹ 441.6	₹ 1,214.9	₹ 1,882.3
Net Worth (₹ Cr)	₹ 112.6	₹ 290.6	₹ 649.0

IPO Grey Market Premium

Date	IPO Price	IPO GMP	Profit Per Lot
23-Aug	₹ –	₹ –	₹ –
22-Aug	₹ –	₹ –	₹ –
21-Aug	₹ –	₹ –	₹ –
20-Aug	₹ –	₹ –	₹ –
19-Aug	₹ –	₹ –	₹ –

Pros

Fast growth: Revenue CAGR of about 95% between FY23–FY25.
Diversified product portfolio across pumps, fans, motors, lighting and agri equipment.
Large integrated manufacturing facility in Rajkot with automation and high capacity.
Dual business model – own brands plus OEM manufacturing increases revenue streams.
Growing demand in agriculture & consumer electrical sector in India.

Cons

High revenue dependence on Western India region.
Customer concentration risk – top 10 clients contribute ~67% of revenue.
Highly competitive industry with strong established brands.
Large portion of IPO proceeds used for debt repayment rather than expansion.
Dependence on agriculture and rural demand cycles which can be volatile.

Promoters – Pre offer equity (Approx)

Promoters	% Shares
Vinit Dharamshibhai Bediya	~ 48.99 %
Dharamshibhai Mohanbhai Bediya	~ 7.86 %

Lot Size details

Application Type	Lot Size	No. of Lot	No. of Shares	Investment Amount
Retail (Min)	–	1	–	₹ –
Retail (Max)	–	13	–	₹ –
HNI (Min)	–	14	–	₹ –
HNI (Max)	–	66	–	₹ –
Big HNI (Min)	–	67	–	₹ –

Key Performance Index (KPI)

ROE	00
ROCE	00
RoNW	00

Lead / Book Running Lead Managers

Motilal Oswal Investment Advisors Limited ICICI Securities Limited JM Financial Limited Choice Capital Advisors Private Limited

Registrar (RTA)

MUFG Intime India Private Limited

Q1. What is the business of Silver Consumer Electricals Limited ?
It manufactures consumer electrical products such as pumps, motors, solar pumps, fans, lighting and agricultural equipment, selling through its own brands and OEM partnerships across India.
Q2. Why is the company raising funds via IPO?
Silver Consumer is raising funds via IPO to repay existing borrowings and to reduce debt.
Q3. What is the size of the issue and where will it list?
The issue size of the IPO is ₹ 1,400 Crore, comprising ₹ 1,000 crore as Fresh Issue and OFS of ₹ 400 Crore. It will be listed on BSE and NSE platform.
Q4. What are the key risks to an investor?
Key risks include dependence on a few large customers, revenue concentration in Western India, intense competition in electrical goods, and exposure to rural and agricultural demand cycles.
Q5. What are the potential upsides?
Upsides include rapid revenue growth, large integrated manufacturing capacity, diversified product portfolio, strong OEM relationships, and rising demand in India’s consumer electrical sector.
Q6. How to apply for the IPO?
Investors can apply for the IPO through ASBA via net banking or using UPI through registered stock brokers once the IPO opens for subscription.