Bookbuilding IPO | ₹82 Cr | Listing at BSE SME | Fri, Jul 24, 2026 - Tue, Jul 28, 2026
Silverstorm Parks & Resorts IPO is a book build issue of ₹82.43 crores. The issue is entirely a fresh issue of 0.62 crore shares of ₹82.43 crore.
Silverstorm Parks & Resorts IPO opens for subscription on Jul 24, 2026 and closes on Jul 28, 2026. The allotment for the Silverstorm Parks & Resorts IPO is expected to be finalized on Jul 29, 2026. Silverstorm Parks & Resorts IPO will list on the BSE SME with a tentative listing date fixed as Jul 31, 2026.
Silverstorm Parks & Resorts IPO is set issue price band at ₹123 to ₹133 per share. The lot size for an application is 1,000 shares. The minimum amount of investment required by an individual investor (retail) is ₹2,66,000 (2,000 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (3,000 shares), amounting to ₹3,99,000.
Vivro Financial Services Pvt.Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Rikhav Securities Ltd.
Refer to Silverstorm Parks & Resorts IPO RHP for detailed Information.
IPO Open
Fri, Jul 24, 2026
IPO Close
Tue, Jul 28, 2026
Price Band
₹123 to ₹133
Market Cap (Pre-IPO)
₹301.60 Cr
| IPO Date | 24 to 28 Jul, 2026 |
| Listing Date | Fri, Jul 31, 2026T |
| Face Value | ₹10 per share |
| Price Band | ₹123 to ₹133 |
| Lot Size | 1,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Total Issue Size | 61,98,000 shares (agg. up to ₹82 Cr) |
| Reserved for Market Maker | 3,11,000 shares Rikhav Securities Ltd. (agg. up to ₹4 Cr) |
| Fresh Issue (Ex Market Maker) | 58,87,000 shares (agg. up to ₹78 Cr) |
| Net Offered to Public | 58,87,000 shares (agg. up to ₹78 Cr) |
| Share Holding Pre Issue | 1,64,78,736 shares |
| Share Holding Post Issue | 2,26,76,736 shares |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Issue |
| Retail Shares Offered | Not less than 35% of the Net Issue |
| NII Shares Offered | Not less than 15% of the Net Issue |
Investors can bid for a minimum of 2,000 shares and in multiples of 1,000 shares thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (IND) (Min) | 2 | 2,000 | ₹2,66,000 |
| Individual investors (IND) (Max) | 2 | 2,000 | ₹2,66,000 |
| S-HNI (Min) | 3 | 3,000 | ₹3,99,000 |
| S-HNI (Max) | 7 | 7,000 | ₹9,31,000 |
| B-HNI (Min) | 8 | 8,000 | ₹10,64,000 |
Incorporated in October 1998, Silverstorm Parks and Resorts Limited is an integrated amusement and tourism company operating amusement parks, water parks, snow parks, and hospitality services in India. The company's flagship destination, Silver Storm Theme Park at Athirappilly, Kerala, spans approximately 17.38 acres and features an amusement cum water park, Kerala's first indoor snow park, multiple restaurants, and the Silver Storm Resort, offering a comprehensive entertainment experience for families, tourists, students, corporate groups, and institutional visitors. The company also operates a snow park in Jamshedpur, Jharkhand, and is developing a new snow park and family entertainment centre in Lucknow, Uttar Pradesh.
The company generates revenue through amusement and snow park ticket sales, food and beverage services, merchandise, resort bookings, and private and corporate events. It is further expanding its offerings with a 1.2 km aerial cable car project at Athirappilly, expected to become the region's first amusement park cable car attraction, along with the addition of new amusement rides and water attractions.
Led by experienced promoters with over 25 years of industry expertise, Silverstorm Parks and Resorts focuses on delivering safe, high-quality entertainment experiences while expanding its integrated tourism and leisure infrastructure.
As of March 31, 2026, the company employed 375 permanent personnel across operations, marketing, hospitality, administration, and support functions.
Strengths
Silverstorm Parks & Resorts Ltd.'s revenue increased by 42% and profit after tax (PAT) rose by 97% between the financial year ending with March 31, 2026 and March 31, 2025.
| Period Ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 214.09 | 151.60 | 112.02 |
| Total Income | 44.85 | 31.64 | 19.11 |
| Profit After Tax | 19.10 | 9.71 | 0.97 |
| EBITDA | 29.36 | 16.56 | 6.52 |
| NET Worth | 72.84 | 50.47 | 23.26 |
| Reserves and Surplus | 116.91 | 97.74 | 63.93 |
| Total Borrowing | 65.07 | 29.95 | 28.36 |
| Amount in ₹ Crore | |||
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Suba Hotels Ltd. | SME | ₹75.47 Cr | ₹111 | 12.78 | ₹161.90 | +45.86% | ₹110.00 (-0.14%) |
| Brigade Hotel Ventures Ltd. | Mainboard | ₹759.60 Cr | ₹90 | 112.38 | ₹85.32 | -5.20% | ₹61.79 (+0.32%) |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding capital expenditure in relation to setting up Lucknow Snow Park and FEC | 26.12 |
| 2 | Funding capital expenditure in relation to the expansion and upgradation of the existing Athirappilly Theme Park, Kerala | 15.14 |
| 3 | Repayment and/or pre-payment, in full or part, of certain borrowings availed by the Company | 24.00 |
| 4 | General Corporate Purposes | |
| Total | 65.25 |
| KPI | Mar 31, 2026 |
|---|---|
| ROE | 30.98% |
| ROCE | 25.22% |
| Debt/Equity | 0.89 |
| RoNW | 30.98% |
| PAT Margin | 42.59% |
| EBITDA Margin | 67.37% |
| Price to Book Value | 3.01 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 11.59 | 8.42 |
| P/E (x) | 11.47 | 15.79 |
| Promoter Holding | 70.15% | 50.98% |
| Market Cap | ₹301.60 Cr. |
Lead Manager Reports
Silverstorm Parks & Resorts IPO is a SME IPO of 61,98,000 equity shares of the face value of ₹10 aggregating up to ₹82 Crores. The issue is priced at ₹123 to ₹133. The minimum order quantity is 1000.
The IPO opens on Fri, Jul 24, 2026, and closes on Tue, Jul 28, 2026.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Silverstorm Parks & Resorts IPO using UPI as a payment gateway. Zerodha customers can apply in Silverstorm Parks & Resorts IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Silverstorm Parks & Resorts IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Silverstorm Parks & Resorts IPO opens on Fri, Jul 24, 2026 and closes on Tue, Jul 28, 2026.
Silverstorm Parks & Resorts IPO lot size is 1000, and the minimum amount required for application is ₹2,66,000, with 2 lots being the minimum application size.
You can apply in Silverstorm Parks & Resorts IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Silverstorm Parks & Resorts IPO will be done on Wednesday, July 29, 2026, and the allotted shares will be credited to your demat account by Thu, Jul 30, 2026. Check the Silverstorm Parks & Resorts IPO allotment status.
The Silverstorm Parks & Resorts IPO listing date is not yet announced. The tentative date of listing is Fri, Jul 31, 2026.
