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Silver Consumer Electricals Limited has filed its Draft Red Herring Prospectus for an Initial Public Offering (IPO). The IPO includes a fresh issue of shares and an offer for sale by a promoter. The total offer size is up to ₹1,400 Cr, comprising a fresh issue of up to ₹1,000 Cr and an offer for sale of up to ₹400 Cr. The company might consider a pre-IPO placement of up to ₹200 Cr, which would reduce the fresh issue size. The IPO aims to list shares on BSE and NSE. Investors should review risk factors as all investments carry inherent risks; SEBI has not approved or endorsed these shares.