₹3,000 Crore IPO: Sillverton Industries Plans Big Expansion and Promoter Share Sale
By Ankur Chandra | Published at: Jun 30, 2025 09:42 AM IST
Mumbai, 30 June 2025: Sillverton Industries Ltd has submitted papers to SEBI to launch its IPO. The plan includes raising ₹3,000 crore through new shares and offering 3.22 crore shares currently owned by its promoters and their families.
What the IPO Includes: Fresh Funds and Sale of Promoter Shares
| Component | Details |
|---|---|
| Fresh Issue | Up to ₹3,000 crore |
| Offer for Sale (OFS) | 3,22,00,000 equity shares |
| Face Value | ₹5 per equity share |
| Issue Type | 100% Book Built |
| Proposed Listing | NSE & BSE |
| Book Running Lead Manager | Pantomath Capital Advisors Pvt Ltd |
| Registrar | Bigshare Services Pvt Ltd |
The company’s offer includes new shares to raise money for business needs, while also allowing some existing shareholders to reduce their stake.
Promoters to Sell Shares: Full List of Shareholders Planning to Exit Partly
| Name | Category | Shares Offered |
|---|---|---|
| Rajeev Jain | Promoter | 15,00,000 |
| Monica Jain | Promoter | 60,37,500 |
| Akshay Jain HUF | Promoter Group | 40,25,000 |
| Arun Jain (HUF) | Promoter Group | 40,25,000 |
| Neena Jain | Promoter Group | 15,00,000 |
| Rajeev Jain (HUF) | Promoter Group | 41,92,000 |
| Samyak Jain | Promoter Group | 8,58,000 |
| Ramesh Chand Jain (HUF) | Promoter Group | 80,50,000 |
| Sanjeev Jain HUF | Promoter Group | 20,12,500 |
| Total | 3,22,00,000 |
These shares were earlier bought at prices between ₹0.26 and ₹1.42 per share, which means the promoters may earn significantly after the listing.
How the Company Will Use the ₹3,000 Crore
- ₹1,293.91 crore will be invested in setting up a 14 MW waste-to-energy plant and biogas facility, supporting the company’s move toward clean energy.
- ₹252.49 crore will go towards expanding paper processing capacity and constructing new storage facilities to support future growth.
- ₹720.00 crore will be used to repay or reduce existing loans, helping to lower the company’s financial burden.
- The remaining amount will be used for general business needs, with specific details to be shared later.
Strong Business Growth: Profits, Revenue, and Net Worth All on the Rise
| Particulars | 9M FY25 | FY24 | FY23 | FY22 |
|---|---|---|---|---|
| Revenue from Operations | ₹745.16 Cr | ₹879.58 Cr | ₹865.99 Cr | ₹618.65 Cr |
| Net Profit | ₹82.44 Cr | ₹88.62 Cr | ₹68.20 Cr | ₹30.43 Cr |
| EBITDA | ₹117.43 Cr | ₹105.24 Cr | ₹103.96 Cr | ₹49.04 Cr |
| Net Worth | ₹413.87 Cr | ₹331.37 Cr | ₹242.64 Cr | ₹174.20 Cr |
The company is showing steady profit growth, with a net profit margin of 11.06% in the first nine months of FY25. However, it has a debt of ₹274.30 crore as of June 2025.
What the Company Does: Eco-Friendly Paper and New Water Products
Sillverton Industries makes environmentally friendly paper used for packaging and printing. This includes kraft paper, cupstock, and paper for fast-moving consumer goods, medicine, retail, and food packaging. It has also started selling packaged drinking water to expand its product range.
Company Roots and Future Plans: From Paper to Clean Energy
Founded in 1995 and based in Muzaffarnagar, Uttar Pradesh, the company runs a single production facility. Owned by the Jain family, it now plans to build a clean energy plant to power its operations and upgrade capacity to meet growing demand.
What Comes Next: SEBI Review Pending, Dates and Prices Awaited
- Lead Manager: Pantomath Capital Advisors Pvt Ltd
- Registrar: Bigshare Services Pvt Ltd
- Anchor Investor Bidding: Yet to be announced
- IPO Opening Date: To be decided
- Stock Exchange: NSE & BSE
The company is waiting for SEBI’s feedback before it can announce the price band, issue dates, and proceed with the final offer.
REF: https://nsearchives.nseindia.com/corporate/Registration_28062025203722_SIllverton_Industries_Limited_DRHP_27-06-2025.pdf
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