Trilegal is advising Silver Consumer Electricals on its proposed initial public offering of equity shares aggregating up to INR 14,000.00 million with fresh issue portion of up to INR 10,000.00 million and offer for sale portion of up to INR 4,000.00 million.
Silver Consumer Electricals is a large-scale manufacturer of electrical consumer durables including, pumps and motors, solar pumps and controllers, fans, lighting, other consumer electrical products and agricultural equipment. The Company is the fastest-growing manufacturer of electrical consumer durables and agricultural equipment in India in terms of revenue from operations with a CAGR of 95.17% between Fiscal 2023 to Fiscal 2025.
The Capital Markets Team advising on the matter was led by Partner Vinay Sirohia and supported by Senior Associate Pragya Gupta and Associates Lajja Mehta, Shubh Ojha and Sanath Rajesh.
Talwar Thakore & Associates (TT&A) is advising Motilal Oswal Financial Services Ltd, ICICI Securities Limited, JM Financial Ltd and Choice Capital who are acting as the book running lead managers on the proposed IPO of Silver Consumer Electricals Limited for an aggregate IPO size of up to ₹ 14,000.00 million which includes a fresh issue of its equity shares aggregating up to ₹ 10,000.00 million and an offer for sale of the equity shares held by one of the Promoters aggregating up to ₹4,000.00 million. The Company has filed its DRHP on August 7, 2025.
The TT&A Team included Partner Abhinav Kumar, Managing Associate Shubham Sancheti, Senior Associate Ayana Banerjee and Associates Dhruvi Shah, Keshav Yadav & Pritika Mehrotra.
Hogan Lovells is serving as the international legal counsel for the BRLMs.
The deal reporting on this platform is based on the information received from law firms, and therefore, some details may be missing/incomplete. If your firm has not been credited for this deal, write to us at chanchal.makhija@thegreymatter.co.in mentioning your firm’s name, lawyers involved (including designation) and client represented.