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| Formerly | Silver Engineering Company |
|---|---|
| Company type | Private |
| Industry | Manufacturing |
| Founded | 27 August 1981 |
| Founder | Dharamshi Bhai Bediya |
| Headquarters | Rajkot, Gujarat, India |
Key people | |
| Website | www |
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
editPumps and Motors
edit- Submersible Pumps & Motors (0.5 HP to 100 HP)
- Centrifugal Pumps (0.5 HP to 7.5 HP)
- Self Priming Pumps (0.5 HP to 2 HP)
- Open Well Pumps (0.5 HP to 15 HP)
- Mud Pump (0.5 HP to 26 HP)
- Sewage Pumps (10 HP to 30 HP)
- Multi Stage Inline Pumps (0.5 HP to 20 HP)
- Solar Pumping System (3 HP to 10 HP)
- 1-Phase Induction Motor
- 3-Phase Induction Motor
Solar Pumping Systems
edit- Solar Water Pumping Systems
- Solar Pumps & Motors
- Solar Controllers
Agriculture Equipment
edit- M B Plough
- Reversible M B Plough
- Rotavator
- Seed Drill
Consumer Electrical Products
edit- Fans (Ceiling, Table, Pedestal, Wall, Ventilation, Exhaust Fans)
- Lighting (Bulb, Battern, Panel, Flood and Street Lights)
- Heating Appliances & Geyser (Water Heaters, Geysers, Immersion Rods)
In The News
editIn 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
edit- ^ "Silver Consumer Electricals Pvt Ltd closes private placement round; Valued at Rs 4,000 Million". Business Standard. 2023-01-05. Retrieved 2024-11-22.
- ^ "Silver home - Sliver Pumps". 2024-08-05. Retrieved 2024-11-17.
- ^ "Bediya | Home". www.bediya.com. Retrieved 2024-11-17.
- ^ "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.
- ^ "Silver Consumer Electricals Pvt Ltd closes private placement round; Valued at Rs 4,000 Million". ANI News. Retrieved 2024-11-17.
- ^ "Silver Consumer Electricals Closes Up-Round; Valued at Rs. 1,000 Crores". Business Standard. 2023-06-01. Retrieved 2024-11-17.
- ^ "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.