Silverstorm Parks and Resorts Ltd IPO

Silverstorm Parks and Resorts Ltd IPO

We are an ISO 9001:2015 certified integrated amusement destination with an amusement cum water park, a snow park, an integrated resort and an upcoming aerial cable car project near Athirappilly waterfalls in Thrissur, Kerala (Athirappilly Theme Park). We are one of the renowned and established players in the region and set to become the first amusement park in the region to offer a cable car for tourist. Spread across approximately 17.38 acres, our park integrates an amusement cum water park, a snow park, and resort facilities, offering a comprehensive entertainment destination for families, students, tourists, corporate groups, and institutional visitors. We also own and operate snow park at Jamshedpur, Jharkhand, with a total area of 5,183 square feet (Jamshedpur Snow Park) and are setting up a new snow park and family entertainment center at Lucknow, Uttar Pradesh with total area of more than 11,000 square feet (Lucknow Snow Park and FEC).

Silverstorm Parks and Resorts Ltd IPO Details

Total Shares Offered

₹ 61,98,000

Offer to Public

TBA

Retail Max (Shares)

₹ 20,60,450

Pre Issue Promoters Holding

₹ 1,15,60,308

Exchange

BSE

Issue size

₹ 82.43 Cr

IPO Open Date

Jul 24, 2026

Close Date

Jul 28, 2026

Lot Size

2000

Min Investment

₹ 2,46,000

Issue Type

Book Building - SME

Listing Date

Jul 31, 2026

Silverstorm Parks and Resorts Ltd IPO Dates

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Jul 24, 2026
Opening date
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Jul 28, 2026
Closing date
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Jul 29, 2026
Basis of Allotment
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Jul 30, 2026
Initiation of Refunds
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Jul 30, 2026
Credit of Shares
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Jul 31, 2026
Listing date

Details

SectorType
SectorRecreation
Sub SectorAmusement Parks
Issue TypeBook Building - SME

Subscription Status

*Values are in Lakhs

Investor Type

QIB

NII

Retail

Employee

Total

Silverstorm Parks and Resorts Ltd Financial Status

Income Statement

Particulars (In Rs. Crores)

Balance Sheet

Particulars (In Rs. Crores)
Particulars (in Rs. Crores)FY23FY22FY21
Revenue from operations18.866.13TBA
EBITDA10.249.76TBA
PAT1.251.18TBA
Total Assets6.276.86TBA
Share Capital13.7913.39TBA
Total Borrowings32.0330.97TBA
Operating Activities (Net Cash)5.014.81TBA
Investing Activities (Net Cash)-10.06-25.14TBA
Financing Activities (Net Cash)32.0330.97TBA
Net Cashflow0.092.66TBA

About Silverstorm Parks and Resorts Ltd

Our Company was incorporated as Silverstorm Amusement Parks Private Limited, a private limited company in Kochi, Kerala under the provisions of the Companies Act, 1956, pursuant to a certificate of incorporation dated October 07, 1998, issued by the Registrar of Companies, Kerala. Subsequently, pursuant to resolutions passed by our Board of Directors in their meeting held on June 02, 2025, and Shareholders' Resolution passed on June 02, 2025, our Company's name was further changed from Silverstorm Amusement Parks Private Limited to Silverstorm Parks and Resorts Private Limited and a fresh certificate of incorporation dated July 17, 2025, was issued by the Registrar of Companies, Central Processing Centre. Further, Our Company was converted into a public limited company pursuant to resolutions passed by our Board of Directors in their meeting held on October 10, 2025, and Shareholders' Resolution passed on October 13, 2025, and the name of our Company changed to Silverstorm Parks and Resorts Limited. A fresh certificate of incorporation consequent upon conversion from a private limited company to public limited company dated October 28, 2025, was issued by the Registrar of Companies, Central Processing Centre. Further, the Corporate Identity Number of our Company is U92199KL1998PLC012512.

The Indian amusement park market was valued at Rs. 22.9 billion in CY19. However, due to the impact of COVID-19, it experienced a significant drop to Rs. 4.4 billion in CY20 as parks closed and visitor numbers plummeted. Recovery began in CY21, with the market rebounding to Rs. 14 billion and continued strong growth brought it to Rs. 61.6 billion by CY24. Looking ahead, the market is expected to reach Rs. 125 billion by CY29P, growing at a robust CAGR of 15.2% from CY24 to CY29P, driven by increasing demand and tourism support.

We are an ISO 9001:2015 certified integrated amusement destination with an amusement cum water park, a snow park, an integrated resort and an upcoming aerial cable car project near Athirappilly waterfalls in Thrissur, Kerala (Athirappilly Theme Park). We are one of the renowned and established players in the region and set to become the first amusement park in the region to offer a cable car for tourist. Spread across approximately 17.38 acres, our park integrates an amusement cum water park, a snow park, and resort facilities, offering a comprehensive entertainment destination for families, students, tourists, corporate groups, and institutional visitors. We also own and operate snow park at Jamshedpur, Jharkhand, with a total area of 5,183 square feet (Jamshedpur Snow Park) and are setting up a new snow park and family entertainment center at Lucknow, Uttar Pradesh with total area of more than 11,000 square feet (Lucknow Snow Park and FEC).

Peer Comparison:

  • Silverstorm Parks & Resorts Ltd
  • Wonderla Holidays Limited
  • Imagicaaworld Entertainment Limited
  • Nicco Parks & Resorts Limited

Silverstorm Parks and Resorts Ltd Key Points

Strengths

India's first integrated fun destination offering amusement cum water park, snow park, cable car and resort at a strategic tourist location.

Established track record with over two and a half decades of market presence and brand recognition.

Experienced promoters and dedicated senior management team with industry knowledge

Strong institutional marketing and regional sales network

High safety and hygiene standards.

Risk

The company has not entered into annual maintenance contracts for the machinery, building, and other equipment used, except the Diesel Generator set used in its Athirappilly Theme Park and Athirappilly Snow Storm. Although the company has a comprehensive in-house team for maintenance and management of its amusement park and snow parks, any unexpected accident, malfunction or mechanical breakdown of machinery at the company amusement park and snow parks could disrupt operations, result in increased maintenance or replacement costs, and adversely affect its business, financial condition, and results of operations.

The company business is subject to seasonal and cyclical variations in Footfalls at its Athirappilly Theme Park and may be affected by weather conditions, school vacations, public holidays and weekends and may has a disproportionate effect on its results of operations.

Its operations entail certain fixed and recurring expenses, and the company inability to manage expenses may has an adverse effect on its business, results of operations, financial condition, and cash flows.

Strategy

Expansion and upgradation of the existing attraction to enhance visitor experience and drive repeat footfalls.

Expand our business operations to new geographies through establishing snow parks and family entertainment concepts.

Capitalizing on emerging opportunities in the Indian amusement and tourism industry.

Maximize revenue realization through ticketing and non-ticket monetization

Improving financial position through deleveraging our financial position.

How To Apply for Silverstorm Parks and Resorts Ltd IPO Online?

Step 1:

Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.

Step 2:

From the list of open IPOs, select the IPO you want to invest.

Step 3:

Go through the IPO details like lot size, price band, about the company, etc.

Step 4:

Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.

Step 5:

Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.

FAQs on IPO (Initial Public Offering)

What is the issue size of the Silverstorm Parks and Resorts Ltd IPO?

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Silverstorm Parks and Resorts Ltd's IPO offers shares for up to 82.43 It begins on Jul 24, 2026 and ends on Jul 28, 2026.

What is the price of the Silverstorm Parks and Resorts Ltd IPO?

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The price of Silverstorm Parks and Resorts Ltd IPO ranges between ₹123 to ₹133 per share.

What are the open and close dates for the Silverstorm Parks and Resorts Ltd IPO?

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The Silverstorm Parks and Resorts Ltd IPO opens on Jul 24, 2026 and closes on Jul 28, 2026.

When will the Silverstorm Parks and Resorts Ltd IPO be allotted?

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The allotment for the Silverstorm Parks and Resorts Ltd IPO will be finalised on Jul 29, 2026. The shares will be listed on BSE and NSE on Jul 31, 2026.

What is the minimum lot size required for Silverstorm Parks and Resorts Ltd IPO?

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The minimum lot size for Silverstorm Parks and Resorts Ltd IPO is 2000 shares, priced between ₹123 to ₹133 per share.

What is the GMP of Silverstorm Parks and Resorts Ltd IPO?

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The GMP (Grey Market Premium) of Silverstorm Parks and Resorts Ltd IPO fluctuates based on market demand and sentiment.

How do you check the allotment status of Silverstorm Parks and Resorts Ltd IPO?

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To check the allotment status of Silverstorm Parks and Resorts Ltd IPO, visit the registrar's website, select the IPO, enter your PAN Card number, Application Number, or DP Client ID, and click 'search.'

Where is the Silverstorm Parks and Resorts Ltd IPO getting listed?

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The Silverstorm Parks and Resorts Ltd IPO is getting listed on the BSE and NSE. Bidding opens on Jul 24, 2026, and closes on Jul 28, 2026. The allotment is finalised on Jul 29, 2026.

How do you apply for the Silverstorm Parks and Resorts Ltd IPO?

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To apply for the Silverstorm Parks and Resorts Ltd IPO, download the BlinkX app, complete KYC, select the IPO, enter bid details, and submit. Verify UPI payment for shares allotment.

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