Our Products
Loans
Cards
Insurance
Investment
Stock Market
Electronics Mall
CIBIL Score
Knowledge Centre
Calculators
Our Services
My Account
Do not call
En
Learn about the Sillverton Industries Limited IPO update, including its original DRHP filing, subsequent addendum, issue structure, business operations, financial context and key regulatory milestones.
Sillverton Industries Limited IPO update: Sillverton Industries Limited, an eco-friendly specialty paper manufacturer, has filed an addendum to its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for its proposed initial public offering. The company had earlier submitted its DRHP in June 2025 for a mainboard IPO comprising a fresh issue and an offer for sale. The addendum, filed in February 2026, updates and supplements certain disclosures in the original draft document.
The DRHP provides an overview of the proposed IPO and sets out the company’s financials, governance framework, and business outlook.
Sillverton Industries Limited filed its Draft Red Herring Prospectus with Securities and Exchange Board of India on July 3, 2025, initiating its IPO process. The filing is presently under regulatory review, and subsequent SEBI observations will determine the next stages, including progression to the Red Herring Prospectus (RHP) and announcement of issue dates. On February 6, 2026, the company submitted an addendum to the DRHP updating disclosures, risk factors, and select offer document sections. The equity shares are proposed to be listed on recognised stock exchanges in India, subject to regulatory and exchange approvals.
Issue Structure
As per the DRHP and subsequent addendum, the proposed IPO is expected to comprise the following components:
| Particulars | Details |
|---|---|
Issue Type |
Book-built issue |
Fresh Issue |
Equity shares aggregating up to ₹300 crore |
Offer for Sale |
Up to 3,22,00,000 equity shares |
Face Value |
₹5 per equity share |
Proposed Listing |
National Stock Exchange of India and BSE Limited |
Price Band |
To be announced in RHP |
Final Issue Size |
To be disclosed in RHP and public announcements |
These details reflect indicative disclosures available at the DRHP stage and are subject to change based on SEBI observations and final approvals.
Sillverton Industries Limited is engaged in the manufacturing and marketing of eco-friendly specialty paper through an integrated manufacturing facility. The company operates in segments that cater to growing demand for sustainable and paper-based alternatives across multiple industries.
Its product portfolio includes:
Writing and printing paper
Kraft paper
Cupstock paper used for paper cups and foodservice packaging
Other specialised grades of paper for diverse industrial applications
The company serves end-use sectors such as packaging, printing, stationery, foodservice and other industries that are transitioning towards sustainable packaging solutions. Its integrated operations allow it to manage production, quality and distribution in-house.
As part of its growth and sustainability strategy, the company plans to invest in captive energy and environmental initiatives, including waste-to-energy and green gas facilities, along with downstream capacity enhancement such as rewinder and sheeter upgrades and in-house warehousing. The business is positioned to benefit from increasing regulatory and consumer focus on eco-friendly packaging materials.
As outlined in the DRHP, the net proceeds from the fresh issue are proposed to be utilised towards the following key objectives:
| Fund Allocation | Amount (₹ crore) | Purpose |
|---|---|---|
Sustainability-Linked Capital Expenditure |
177.51 (approx.) |
Installation of a 14 MW waste-to-energy captive power plant and a Compressed Bio Gas (CBG) plant at the existing facility |
Capacity Enhancement and Warehousing |
34.64 |
Increasing rewinder and sheeter capacity and constructing in-house warehouses to improve operational efficiency |
Repayment/Prepayment of Borrowings |
72 |
Reducing outstanding borrowings and associated finance costs |
General Corporate Purposes |
Balance |
Supporting business development, administrative, and operational requirements |
These allocations reflect the proposed utilisation of proceeds from the fresh issue portion. The offer for sale component will provide liquidity to existing shareholders and will not result in proceeds to the company.
Detailed financial statements are contained in the DRHP and must be referred to for exact audited figures.
Public summaries primarily focus on issue structure and utilisation of proceeds. A simplified snapshot based on disclosures is presented below:
| Fiscal Year / Period | Revenue from Operations (₹ Cr) | EBITDA (₹ Cr) | PAT (₹ Cr) |
|---|---|---|---|
FY2023 |
865.99 |
121.62 |
68.20 |
FY2024 |
879.59 |
120 |
88.62 |
Latest Interim Period (e.g., H1 FY2025) |
745.16 |
131 |
82.44 |
*Detailed year-wise financial statements, including audited figures, are available in the DRHP and should be referred to for complete financial information.
The addendum to DRHP indicates continued progress in the IPO journey following the initial filing in mid-2025. Key milestones based on current disclosures are as follows:
| Milestone / Stage | Date (or Status) | Details |
|---|---|---|
DRHP filed with SEBI |
June 27, 2025 |
Initial DRHP filed for fresh issue of up to ₹300 crore and OFS of up to 3,22,00,000 equity shares of face value ₹5 each. |
DRHP dated June 27, 2025 made available |
June–July 2025 |
DRHP accessible through issuer and exchange platforms with standard disclaimers. |
Addendum to DRHP filed with SEBI |
February 6, 2026 |
Sillverton Industries Limited – Addendum to DRHP” filed and listed under SEBI Public Issues, updating the original draft document. |
SEBI observations on DRHP and addendum |
Ongoing / Awaited |
Under regulatory review; observations expected prior to RHP filing. |
Filing of Red Herring Prospectus (RHP) |
To be announced |
RHP with final price band, lot size and schedule to be filed after addressing SEBI observations. |
IPO Opening Date |
Not yet announced |
Bidding dates to be notified in the RHP and exchange announcements. |
IPO Closing Date |
To be announced |
Will be specified along with opening date in final IPO timetable. |
Listing on NSE/BSE (tentative) |
To be announced |
Proposed listing on both exchanges upon completion of allotment and listing formalities. |
Note: Investors should refer to official filings for final IPO dates to learn more about the company's IPO listing details and price, and listing timelines.
Check other upcoming ipo’s here : Upcoming IPO
This content is for informational purposes only and the same should not be construed as investment advice. Bajaj Finserv Direct Limited shall not be liable or responsible for any investment decision that you may take based on this content.
Sources
LiveMint — IPO News and Updates, https://www.livemint.com/market/ipo
Economic Times — IPO News: Latest IPO News, Upcoming IPO, https://economictimes.indiatimes.com/markets/ipo
Financial Express — IPO News, https://www.financialexpress.com/market/ipo-news/
NDTV Profit — IPOs, https://www.ndtvprofit.com/ipos
Business Today — IPO Corner: Latest IPO News & Analysis, https://www.businesstoday.in/markets/ipo-corner
Sillverton Industries Limited filed its DRHP with SEBI on June 27, 2025, initiating the formal regulatory process for a mainboard IPO. This Sillverton Industries Limited IPO filed with SEBI proposed a fresh issue of up to ₹300 crore and an OFS of up to 3,22,00,000 equity shares.
On February 6, 2026, the company submitted an addendum to the DRHP to SEBI. The addendum updates and supplements certain disclosures in the original draft prospectus, including clarifications and recent developments, and must be read together with the DRHP.
The proposed IPO consists of a fresh issue of equity shares aggregating up to ₹300 crore and an offer for sale of up to 3,22,00,000 equity shares of face value ₹5 each. The final rupee size will depend on the IPO price determined in the RHP.
The net proceeds from the fresh issue are proposed to be used for sustainability-linked capex such as a 14 MW waste-to-energy plant and CBG plant, capacity enhancement and warehousing, repayment or prepayment of certain borrowings, and general corporate purposes.
Subject to regulatory approvals and successful completion of the IPO process, the equity shares are proposed to be listed on both the NSE and BSE.
.jpeg)
250 Views
| 1min read
Posted on 19 Dec
Academy 
.jpeg "image not found"){kind=small}
