IT stock hits 5% upper circuit after board to consider ₹80 Cr strategic investment in the company
Alex Smith
2 hours ago
Synopsis: Silverline Technologies will review an ₹80 crore investment for up to 20% stake at its 18 February board meeting, implying a ₹4 billion valuation, subject to approvals.
This Micro-Cap IT stock, engaged in IT consulting, software development, SAP services, cybersecurity, digital marketing, cloud solutions, and business process outsourcing for global enterprises, hits 5 percent upper circuit after the board to consider Rs. 80 crore strategic investment.
With a market capitalization of Rs. 239.97 crores, the shares of Silverline Technologies Limited hit a 5 percent upper circuit of Rs. 15.39 per share on Friday, up from its previous closing price of Rs. 14.66 per share.
Reason Behind the Surge
Silverline Technologies Limited has scheduled a Board meeting on 18th February 2026 to review a proposed strategic investment and related fundraising plans. The meeting will evaluate a non-binding Letter of Intent from Trueledger Technologies FZE, which has expressed interest in acquiring up to 20 percent equity in the company.
The management has proposed offering up to 20 percent equity stake for a total consideration of Rs. 80 crore, which suggests a possible post-execution company valuation of around Rs. 4 billion.
The Board will also consider raising funds through a preferential issue of equity shares or other permitted securities in line with the Companies Act, 2013 and SEBI ICDR regulations. The proposal is subject to Board approval, independent valuation, shareholder approval if required, and all statutory and regulatory compliance.
Strong AI Traction
Silverline Technologies launched its AI platform “Silver AI,” attracting over 24,000 users in its first week and targeting 5 lakh users within 45 days. To drive adoption, it offers six months of free Pro access and plans a USD 9 monthly subscription. With full adoption, annual revenue potential could reach Rs. 430-450 crore. The rapid 30-day rollout highlights the company’s engineering strength in India’s growing AI chatbot market.
Company Overview
Silverline Technologies Limited, formerly Silverline Industries, is a Mumbai-based global technology consulting and software firm founded in 1992. The company delivers digital transformation solutions, including SAP services, analytics, blockchain, IoT, and enterprise IT solutions for global clients.
Silverline Technologies Limited focuses on advanced technologies and end-to-end business solutions, supporting organizations across multiple industries through innovation and technology-driven services.
Recent Quarter Results
Coming into financial highlights, Silverline Technologies Limited’s standalone revenue has increased from Rs. 0.70 crore in Q2 FY25 to Rs. 100.07 crore in Q2 FY26, which has grown by 14,195.71 percent. The net profit has also grown by 24,100 percent from Rs. 0.03 crore in Q2 FY25 to Rs. 7.26 crore in Q2 FY26.
In terms of return ratios, the company’s ROCE and ROE stand at -0.39 percent and -0.59 percent, respectively. Silverline Technologies Limited has an earnings per share (EPS) of Rs. 1.15, and its debt-to-equity ratio is 0.23x.
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