Silver Consumer Electricals

Silver Consumer Electricals (NEW IPO): GMP, Profit, Price & expert review

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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.

Silver Consumer Electricals Limited was incorporated in 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.

Silver Consumer Electricals Limited has filed its DRHP with SEBI to raise ₹ 1,400 crore through an IPO. The IPO issue includes ₹ 1,000 Crore as Fresh Issue and an Offer for Sale of ₹ 400 Crore.

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

Check DRHP
Check IPO Allotment
Visit Official Website
Issue Size:₹ 1400 Cr
Fresh Issue:₹ 1000 Cr
Offer for Sale₹ 400 Cr
Price Range:TBA
Lot Size:TBA
GMPPending

Silver Consumer Electricals Limited important data points

Revenue, PAT, EBITDA

YearFiscal 2025
Networth₹ 649.01 Cr
Revenue:₹ 1586.38 Cr
EBITDA₹ 161.51 Cr
EBITDA Margin:~10.02%
PAT₹ 47.69 Cr
PAT Margin~2.96%
Face Value:₹ 02

IPO important dates

Open Date:TBA
Close Date:TBA
Anchor Investor BiddingTBA
Allotment Date:TBA
Refunds & Demat CreditTBA
Tentative Listing Date:TBA

Use of Proceeds

PurposeAmount
Borrowing Repayment~ ₹ 865 Cr
Subsidiary Borrowing Payment~ ₹ 35 Cr
Sales and Marketing~ ₹ 00 Cr
Ultra-Advanced AI Staffing Suite ₹ 00 Cr

Silver Consumer Electricals Limited Financial Data

202320242025
Revenue (₹ Cr)₹ 416.48₹ 878.92₹ 1586.38
PAT (₹ Cr)₹ 19.71₹ 28.23₹ 47.69
Asset (₹ Cr)₹ 441.64₹ 1214.87₹ 1882.25
Net Worth (₹ Cr)₹ 112.6₹ 290.56₹ 649.01

Silver Consumer Electricals Limited IPO Grey Market Premium

DateIPO PriceIPO GMPProfit per lot
29-Apr₹ –₹ –₹ –
28-Apr₹ –₹ –₹ –
27-Apr₹ –₹ –₹ –
26-Apr₹ –₹ –₹ –
25-Apr₹ –₹ –₹ –
Silver Consumer

Silver Consumer Electricals Limited IPO Pros & Cons

Strengths:

  • 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.

Risks:

  • 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.

Silver Consumer Electricals Limited Promoters – Pre offer equity (Approx)

Promoters%Shares
Vinit Dharamshibhai Bediya~ 48.99 %
Dharamshibhai Mohanbhai Bediya~ 7.86 %
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Silver Consumer Electricals Limited Promoters – Pre offer equity (Approx)

Application TypeLot SizeNo. of LotNo. of SharesInvestment Amount
Retail (Min)–1–₹ –
Retail (Max)–13–₹ –
HNI (Min)–14–₹ –
HNI (Max)–66–₹ –
Big HNI (Min)–67–₹ –

Lead Managers / Registrars of Silver Consumer Electricals Limited

Lead / Book Running Lead ManagersMotilal Oswal Investment Advisors Limited,
ICICI Securities Limited,
JM Financial Limited,
Choice Capital Advisors Private Limited
Registrar (RTA)MUFG Intime India Pvt Ltd

FAQ’S 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.

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

  • 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.

  • 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.

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

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

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