Silver Consumer Electricals (2301263D IN)

Silver Consumer Electricals is looking to raise US$160m in its upcoming India IPO. The deal will be run by Motilal Oswal Investment Advisors, ICICI Securities, JM Financial, Choice Capital Advisors. Silver Consumer Electricals Limited (SCEL) is one of India’s leading manufacturers of electrical consumer durables (ECD) and agricultural equipment, operating through a dual model of own-branded sales (“Silver” and “Bediya”) and OEM supply to renowned brands. Its portfolio of over 3,000 SKUs spans pumps and motors, fans, lighting products, home appliances, and a full range of agricultural machinery, with leading capacity in the residential and solar pumps segment.