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Draft:Silver Consumer Electricals

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Silver Consumer Electricals Private Limited
FormerlySilver Engineering Company
Company typePrivate
IndustryManufacturing
Founded27 August 1981 (27 August 1981)
FounderDharamshi Bhai Bediya
HeadquartersRajkot, Gujarat, India
Key people
Websitewww.silverpumps.com www.bediya.com.com

Silver Consumer Electricals Private Limited (SCEPL) is an Indian electrical equipment company based out of Rajkot, India. It has been founded in 1981 by Dharamshi Bhai Bediya[1]. The company manufactures pumps, induction motors, solar, agricultural equipment under the brand Silver[2] and consumer electricals products including fans, LED lighting, water heaters under the brand Bediya[3]. Vinit Bediya is the current Managing Director of the company.

Product Portfolio

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Pumps and Motors

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  1. Submersible Pumps & Motors (0.5 HP to 100 HP)
  2. Centrifugal Pumps (0.5 HP to 7.5 HP)
  3. Self Priming Pumps (0.5 HP to 2 HP)
  4. Open Well Pumps (0.5 HP to 15 HP)
  5. Mud Pump (0.5 HP to 26 HP)
  6. Sewage Pumps (10 HP to 30 HP)
  7. Multi Stage Inline Pumps (0.5 HP to 20 HP)
  8. Solar Pumping System (3 HP to 10 HP)
  9. 1-Phase Induction Motor
  10. 3-Phase Induction Motor

Solar Pumping Systems

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  1. Solar Water Pumping Systems
  2. Solar Pumps & Motors
  3. Solar Controllers

Agriculture Equipment

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  1. M B Plough
  2. Reversible M B Plough
  3. Rotavator
  4. Seed Drill

Consumer Electrical Products

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  1. Fans (Ceiling, Table, Pedestal, Wall, Ventilation, Exhaust Fans)
  2. Lighting (Bulb, Battern, Panel, Flood and Street Lights)
  3. Heating Appliances & Geyser (Water Heaters, Geysers, Immersion Rods)

In The News

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In 2023, October, the company ropes in Indian cricketer Hardik Pandya as its brand ambassador[4]. The company secured INR 40 crore (US$6.2 million approx.) in funding from a consortium of India Inflection Fund and Plutus Wealth. This investment valued the company at INR 400 crore (US$50 million approx.)[5]. For the second round funding, received an additional INR 150 crore (US$18.7 million approx.) in funding, led by Plutus Wealth. This round valued the company at INR 1,000 crore (US$125 million approx.)[6]. By the last investment round, the company is valued at INR 3600 crore (US$450 million approx.) by acquiring a funding of INR180 crore (US$27.9 million approx.) from Plutus Wealth[7].

References

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  1. ^ "Silver Consumer Electricals Pvt Ltd closes private placement round; Valued at Rs 4,000 Million". Business Standard. 2023-01-05. Retrieved 2024-11-22.
  2. ^ "Silver home - Sliver Pumps". 2024-08-05. Retrieved 2024-11-17.
  3. ^ "Bediya | Home". www.bediya.com. Retrieved 2024-11-17.
  4. ^ "Silver Consumer Electricals ropes in Indian cricket team's vice-captain cricketer Hardik Pandya as brand ambassador". India Today. 2023-10-31. Retrieved 2024-11-17.
  5. ^ "Silver Consumer Electricals Pvt Ltd closes private placement round; Valued at Rs 4,000 Million". ANI News. Retrieved 2024-11-17.
  6. ^ "Silver Consumer Electricals Closes Up-Round; Valued at Rs. 1,000 Crores". Business Standard. 2023-06-01. Retrieved 2024-11-17.
  7. ^ "Silver Consumer Electricals Private Limited Poised for Exponential Growth, valued at enterprise value of INR 3,600 crores". India Today. 2024-07-08. Retrieved 2024-11-17.
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