Bookbuilding IPO | ₹[.] Cr | Listing at BSE, NSE |
SEBI has approved the Initial Public Offer (IPO) of Sillverton Industries Ltd. on January 12, 2026. The company will proceed with next steps to launch the Initial Public Offer (IPO) subject to market conditions and other approvals. The SEBI approval is valid for 12 months.
Sillverton Industries Ltd. IPO is a Book Build Issue consisting of fresh issue of ₹300.00 crores and an offer for sale (OFS) of upto 3.22 crore equity shares.
The equity shares are proposed to be listed on NSE and BSE. Pantomath Capital Advisors Pvt.Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to Sillverton Industries IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹5 per share |
| Price Band | |
| Lot Size | |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Fresh Issue | [.] shares (agg. up to ₹300 Cr) |
| Offer for Sale | 3,22,00,000 shares of ₹5 (agg. up to ₹[.] Cr) |
| Share Holding Pre Issue | 24,54,54,368 shares |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Wed, Jul 2, 2025 |
| SEBI/Exchange approval received | Mon, Jan 12, 2026 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Offer |
| Retail Shares Offered | Not less than 35% of the Offer |
| NII Shares Offered | Not less than 15% of the Offer |
Incorporated in 1995, Sillverton Industries Limited is engaged in the manufacturing and marketing of eco-friendly specialty paper, serving a diverse spectrum of end-use industries through integrated operations. The company’s comprehensive range of paper-based products comprises:
As of December 31, 2024, the company has successfully manufactured and supplied over 265 active varieties of paper and related products during the period from April 1, 2021 to December 31, 2024, reflecting the adaptability of its product portfolio.
The product offerings find applications across:
The manufacturing facility is spread across 251,502 square meters (~58.92 acres) and is located at Muzaffarnagar, Uttar Pradesh.
Sillverton Industries has a pan-India presence, with products being sold in 22 states including, not limited to, New Delhi, Uttar Pradesh, Punjab, Bihar, Madhya Pradesh, West Bengal, Maharashtra, and Gujarat.
As of the date of this Draft Red Herring Prospectus, the company supplies products directly to 227 authorized dealers and distributors, who in turn sell to a broad spectrum of end-use customers. The distribution network includes a total of 191 dealers strategically located across key regions to ensure strong market penetration.
As of May 31, 2025, Sillverton Industries employed 953 permanent employees.
Competitive Strengths:
| Period Ended | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 749.27 | 642.42 | 469.40 | 387.24 |
| Total Income | 752.45 | 890.09 | 872.92 | 620.78 |
| Profit After Tax | 82.44 | 88.62 | 68.20 | 30.43 |
| EBITDA | 131.23 | 120.05 | 121.62 | 71.98 |
| NET Worth | 413.87 | 331.37 | 242.65 | 174.20 |
| Total Borrowing | 193.86 | 186.21 | 96.37 | 141.87 |
| Amount in ₹ Crore | ||||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding capital expenditure requirements towards investment in sustainability initiatives within the existing Manufacturing Facility by way of installation of (a) 14MW waste-to-energy captive power plant (“Captive Power Plant”) and (b) Compressed Bio Gas (“CBG”) plant. | 177.51 |
| 2 | Funding capital expenditure requirements of the Company at the existing Manufacturing Facility by way of (a) enhancement of rewinder and sheeter capacity; and (b) construction of in-house warehouses. | 34.64 |
| 3 | Repayment and/or pre-payment, in part or full, of certain borrowings availed by the Company; and | 72.00 |
| 4 | General corporate purposes. |
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 26.74% |
| ROCE | 26.93% |
| Debt/Equity | 0.56 |
| RoNW | 26.74% |
| PAT Margin | 10.08% |
| EBITDA Margin | 13.65% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 3.61 | |
| Promoter Holding | 100% |
Lead Manager Reports
Sillverton Industries IPO is a main-board IPO of 0 equity shares of the face value of ₹5 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .
The Sillverton Industries IPO open and close dates are not available as of now.
Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Sillverton Industries IPO using UPI as a payment gateway. Zerodha customers can apply in Sillverton Industries IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Sillverton Industries IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Sillverton Industries IPO dates are not announced. Please check back again after some time.
Sillverton Industries IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Sillverton Industries IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Sillverton Industries IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Sillverton Industries IPO allotment status.
The Sillverton Industries IPO listing date is not yet announced. The tentative date of listing is .
