#SilverConsumerElectricals #SCELIPO #IndianIPO #SEBI #DraftRedHerringProspectus #IndianStockMarket #MotilalOswal #ICICISecurities #JMFinancial #ChoiceCapitalAdvisors #Trilegal

#SilverConsumerElectricals #SCELIPO #IndianIPO #SEBI #DraftRedHerringProspectus #IndianStockMarket #MotilalOswal #ICICISecurities #JMFinancial #ChoiceCapitalAdvisors #Trilegal Chandigarh: Rajkot-headquartered Silver Consumer Electricals Ltd (SCEL) has officially filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI), marking a significant milestone in its growth journey. The proposed ₹1,400 crore initial public offering (IPO) will comprise a fresh issue of shares worth up to ₹1,000 crore and an offer for sale (OFS) by existing shareholders aggregating up to ₹400 crore. Company Overview and Product Portfolio SCEL is a large-scale manufacturer specializing in electrical consumer durables and agricultural equipment. Its extensive product range…