The Initial Public Offering (IPO) of Silverstorm Parks & Resorts Ltd., which opened for subscription on Jul 24, 2026, has been subscribed 1.05 times as of [[CurrentTime]] IST on Jul 28, 2026, according to the BSE SME data, indicating oversubscribed investor participation across categories.
The ₹82.43 crore issue has attracted bids for approximately 0.45 crore shares, compared with 0.42 crore shares on offer, reflecting the cumulative demand trend across all investor segments since the issue opened.
Subscription Breakdown (Category-wise)
- Qualified Institutional Buyers (QIBs): 0.99 times
- Non-Institutional Investors (NIIs): 1.72 times
- Retail Individual Investors (RIIs): 0.80 times
Issue Structure & Pricing
The IPO consists of a Fresh Issue of ₹82.43 crore, with the issue price band fixed at ₹123 to ₹133 per share.
Objects of the Issue
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 |
Lead Managers & Registrar
Vivro Financial Services Pvt.Ltd. is acting as the Book-Running Lead Manager for the offering, ensuring seamless execution, with MUFG Intime India Pvt.Ltd. acting as the registrar to the issue.
