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Chandigarh, 15th July 2025: Sillverton Industries Limited is engaged in manufacturing and marketing of eco-friendly specialty paper, serving a diverse spectrum of end-use industries through its integrated operations. Company’s comprehensive range of paper-based products comprise of (i) writing and printing paper; (ii) kraft paper; (iii) cupstock paper, and (iv) other specialised grade papers. Our product offerings find applications in (i) retail, corporate, educational and government sectors; (ii) packaging, FMCG and secondary packaging; (iii) food & beverage packaging, secondary and liquid packaging for quick service restaurants; and (iv) label and stationery solutions; and (v) the packaging for the pharmaceutical sector among others.
Sillverton Industries Limited has filed its Draft Red Herring Prospectus (“DRHP”) with market regulator Securities and Exchange Board of India (“SEBI”). The Company plans to raise funds through offer of equity shares (face value ₹5 each) through initial public offering comprising of fresh issue of equity shares aggregating up to ₹3000 million (₹300 crore) (The “Fresh Issue”) and offer for sale by Selling Shareholders aggregating up to 32,200,000 Equity Shares (The “Offer for Sale”).
The Company proposes to utilize the Net Proceeds towards funding (i) Funding capital expenditure requirements towards investment in sustainability initiatives within existing manufacturing facility by way of installation of 14MW waste-to-energy captive power plant (“Captive Power Plant”) and Compressed Bio Gas (“CBG”) plant estimated to be ₹1,775.07 million; (ii) Funding capital expenditure requirements of the Company at existing manufacturing facility by way of enhancement of rewinder and sheeter capacity and Construction of in-house warehouses estimated to be ₹346.39 million; (iii) Repayment and/or prepayment in part or full of certain borrowings availed by company estimated to be ₹ 720.00 million and balance amount towards general corporate purposes. (The “Object of Issue”).
The Equity Shares that offered through the Red Herring Prospectus are proposed to be listed on the BSE Limited (“BSE”) and National Stock Exchange of India Limited (“NSE”). (The “Listing Details”)
Pantomath Capital Advisors Private Limited is the Book Running Lead Manager to the issue. (The “BRLMs”).
