The Initial Public Offering (IPO) of Silverstorm Parks & Resorts Ltd is prepared to hit the Indian primary market. Opening on Jul 24, 2026 and closing on Jul 28, 2026, the company aims to captivate investors with its issue price band at ₹123 to ₹133 per share.
This IPO consists solely of fresh issue of 0.62 crore equity shares worth ₹82.43 crores.
Breaking Down the Details
- IPO Dates: This Initial Public Offer (IPO) will open on Jul 24, 2026 and close on Jul 28, 2026.
- Price Details: The company has set the issue price band at ₹123 to ₹133 per share for its IPO.
- IPO Size: Silverstorm Parks & Resorts Ltd plans to raise ₹82.43 crores, only with fresh issue.
- Lot Size: Investors can apply for minimum 2 lots, with one lot consisting of 2000 shares.
- Minimum Investment: The minimum required investment is ₹2,66,000 for two lots (133.00 X 2000)
- Allotment Date: The allotment of shares is expected to be finalized on Jul 29, 2026.
- Registrar : MUFG Intime India Pvt.Ltd. has been appointed as the official Registrar for the IPO.
- Lead Manager : Vivro Financial Services Pvt.Ltd. will oversee the IPO as the Lead Manager.
Silverstorm Parks & Resorts IPO Objectives
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 |
Stay tuned with us for Silverstorm Parks & Resorts IPO subscription updates.
