Silverton Industries targets INR 1,000 Crore top line growth by FY 2026–27, Backed by IPO-funded expansion and product diversification

Silverton Industries targets INR 1,000 Crore top line growth by FY 2026–27, Backed by IPO-funded expansion and product diversification

- Setting up an RDF-based 14 MW cogeneration plant along with a 5-ton-per-day Compressed Biogas (CBG)
- Sillverton Industries will also begin producing coated grades designed for the label industry, food packaging industry, coating bases, etc.
- There will be no other mill in India that manufactures all these varieties under one roof.
The Pulp and Paper Times

Eco-friendly paper manufacturer Sillverton Industries has filed draft papers with markets regulator Sebi seeking its approval to garner funds through an initial public offering (IPO).

The proposed IPO is a combination of fresh issuance of shares worth Rs 300 crore, and an offer-for-sale of 3.22 crore equity shares by promoters, according to the draft red herring prospectus (DRHP) filed in June’ 25.

Exclusively talking to The Pulp and Paper Times, Mr. Akshay Jain, CMD, Silverton Industries Limited, said, "With this IPO, we will take our company to the next level. We are setting up an RDF-based 14 MW cogeneration plant along with a 5-ton-per-day Compressed Biogas (CBG) generation plant, and we will significantly reduce the debt taken for capacity expansion — from 265,000 tons per annum to 365,000 tons per annum. We aim to deliver full value to the market, as our top line is expected to increase by INR 1,000 crore in FY 2026–27, with all the gains directly benefiting the new investors in the company."

Proceeds from the fresh issue to the tune of Rs 129.4 crore would be used towards capital expenditure for sustainability initiatives at the existing manufacturing facility, such as the installation of a 14 MW waste-to-energy captive power plant and a compressed bio gas plant.

An additional Rs 25.25 crore will be used to enhance the rewinder and sheeter capacity and to construct in-house warehouses at the existing facility, Rs 72 crore for the payment of debt and the remaining funds for general corporate purposes.

“SILVERTON INDUSTRIES LIMITED is currently a leading player in the market for packaging, writing & printing, cup stock, and specialty grades, offering a wide range of products. The company will also begin producing coated grades designed for the label industry, food packaging industry, coating bases, etc. With the launch of this new machine after the IPO, expected later this year, there will be no other mill in India that manufactures all these varieties under one roof,” Mr. Akshay Jain informed.

Sillverton Industries is into manufacturing and marketing of eco-friendly specialty paper, serving a diverse spectrum of end-use industries. Its comprehensive range of paper-based products include writing and printing paper; kraft paper; cupstock paper, and other specialised grade papers.

According to CRISIL Intelligence, the packaging industry in India is an ever-evolving sector, driven by the country's growing economy, increasing consumerism, and rising demand for packaged goods. The industry has witnessed significant transformations in recent years, with advancements in technology, changing consumer preferences, and the emergence of new packaging formats. The sector encompasses a wide range of packaging materials, including paper, plastic, glass, and metal, which are used across various industries such as food, beverages, pharmaceuticals, and cosmetics. With a strong focus on innovation, sustainability, and regulatory compliance, the Indian packaging industry is poised to play a critical role in supporting the country's growth story, while also addressing environmental concerns and meeting the evolving needs of consumers.
 

Web Title: Silverton Industries targets INR 1,000 Crore top line growth by FY 2026–27, Backed by IPO-funded expansion and product diversification