Silverton Industries IPO is fully book build issue and total IPO size is ₹300.00 crores. The entire share offering is a fresh issue worth ₹300.00 crores.
The dates for the Silverton Industries IPO have not been announced yet. The allotment process is expected to be finalized by [.].
The Silverton Industries IPO is scheduled to list on NSE, BSE, with a listing date of [.]. The price band for the Silverton Industries IPO has not been announced yet.
Registrar for this IPO is Bigshare Services Private Limited and lead managers for Silverton Industries IPO are Pantomath Capital Advisors Private Limited.
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IPO Schedule
| IPO Open Date | - |
|---|---|
| IPO Close Date | - |
| IPO Allotment Date | - |
| Refund Initiation | - |
| Share credit in Demat | - |
| Listing Date | - |
Key Details
| Price Band | TBA |
|---|---|
| Lot Size | TBA |
| Face Value | ₹5 Per Equity Share |
| Total Issue Size | 32,200,000 Shares + ₹300 Crores |
| Fresh Issue | ₹300.00 Crores |
| OFS Issue | 32,200,000 Shares |
| Issue Type | Fresh Issue and Offer for Sale |
| Listing At | NSE, BSE |
Share Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB | 50% |
| Retail | 35% |
| NII/HNI | 15% |
About Silverton Industries Limited Company
Silverton Industries Limited is a leading manufacturer and marketer of eco-friendly specialty paper, serving diverse industries through integrated operations. Our product range includes writing and printing paper, kraft paper, cupstock paper, and specialized grade papers, catering to sectors like retail, packaging, FMCG, food & beverage, and pharmaceuticals.
Leveraging three decades of experience, we have capitalized on the growing packaging industry in India. According to the CRISIL Report, we have demonstrated strong financial performance, with our Profit After Tax (PAT) increasing at a CAGR of 70.66% from ₹30.43 crore in Fiscal 2022 to ₹88.62 crore in Fiscal 2024.
Our manufacturing facility, located in Muzaffarnagar, Uttar Pradesh, has a capacity of 270,000 MT per annum. We are committed to sustainability, utilizing waste paper as a primary raw material and generating electricity through waste-to-energy boilers. We are also expanding our production capacity by 90,000 MT per annum to manufacture specialized paper products to cater to high-growth, value-added segments, resulting in a total capacity of 360,000 MT per annum.
Silverton Industries has a pan-India presence, selling products in 22 states, supported by a comprehensive dealer network. Our experienced promoters drive our success, focusing on sustainable practices and capturing market opportunities in the growing paper industry.
Silverton Industries Limited Financial Details
| Period Ended | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 749.26 | 642.42 | 469.40 | 387.24 |
| Revenue | 745.16 | 879.59 | 865.99 | 618.65 |
| Profit After Tax | 82.44 | 88.62 | 68.20 | 30.43 |
| Net Worth | 413.87 | 331.37 | 242.65 | 174.20 |
| Reserves and Surplus | 406.20 | 323.70 | 234.98 | 166.53 |
| Total Borrowing | 193.86 | 186.21 | 96.37 | 141.87 |
₹ In Crore
Key Performance Indicator
| Basic EPS (in ₹) | Return on Net Worth (RoNW) | Net Asset Value (NAV) | Debt-Equity Ratio | Return on Equity (ROE) | Return on Capital Employed (ROCE) |
|---|---|---|---|---|---|
| 3.61 | 26.74% | 13.50 | 0.56 | 26.74% | 26.93% |
Offer Objectives
The Offer includes a fresh issue of equity shares aggregating up to ₹30 crore by the company and an offer for sale of up to 32,200,000 equity shares by the selling shareholders. The company will not receive any proceeds from the Offer for Sale.
The net proceeds from the fresh issue will be utilized for the following key objectives:
- Sustainability Initiatives: Funding capital expenditure towards installing a 14MW waste-to-energy captive power plant and a Compressed Bio Gas (CBG) plant.
- Manufacturing Facility Enhancement: Funding capital expenditure for rewinder and sheeter capacity enhancement and construction of in-house warehouses.
- Debt Reduction: Repayment and/or pre-payment of certain borrowings.
- General Corporate Purposes: To be used for general corporate purposes.
The proposed utilization of ₹129.39 crore from the net proceeds is earmarked for installing the Captive Power Plant and CBG plant, which are part of the sustainability initiatives. The total estimated cost for the same is ₹177.51 million, including applicable taxes.
The company may re-allocate the Net Proceeds to the activities where such shortfall has arisen, subject to availability and compliance with applicable laws and explore a range of options including utilizing our internal accruals or seeking additional equity and / or debt arrangements from existing and future lenders to ensure the funding of the above objects.
A table showing the breakdown of costs of Plant and Machinery including Vendor details for various equipments of Captive power plant and CBG plant is provided.
Company Details
Address:
9th KM, Bhopa Road, Muzaffarnagar -251001, Uttar Pradesh, India.
Phone: +91-8941094000
Email: [email protected]
Website: http://www.sillvertonindustries.com
IPO Registrar Details
Bigshare Services Private Limited
Phone: +91 22 6263 8200
Email: [email protected]
Website: https://www.bigshareonline.com
Offer Prospectus & Documents
Lead Managers
- Pantomath Capital Advisors Private Limited
