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Silverstorm Parks & Resorts SME IPO Details

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Everything you need to know about the Silverstorm Parks & Resorts IPO. Track the latest updates, GMP trends, and subscription status.

Open 24 Jul 2026
Close 28 Jul 2026
Allotment 29 Jul 2026
Listing 31 Jul 2026

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₹ 5 (3.8%)
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Stock Price

As the IPO is listed, here is the Live Share Price for Silverstorm Parks & Resorts

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IPO Summary

IPO Dates 24 to 28 Jul, 2026
Price Band ₹123 to ₹133
Face Value ₹TBA
Lot Size 1000 Shares
Issue Size ₹82.44 Cr
Listing On BSE SME
Min Investment ₹ 2,66,000

What is the Silverstorm Parks & Resorts IPO Timetable?

Track the IPO schedule and key events.

Event Date
IPO Open Date 24 Jul, 2026 Fri
IPO Close Date 28 Jul, 2026 Tue
Basis of Allotment 29 Jul, 2026 Wed
Refunds Initiated TBA
Credit to Demat TBA
Listing Date 31 Jul, 2026 Fri

What is the Silverstorm Parks & Resorts IPO Lot Size?

Bidding in multiples of 1000 shares.

Application Lots Shares Amount
Retail (Min) 2 2000 ₹2,66,000
Retail (Max) 2 2000 ₹2,66,000
HNI (Min) 3 3000 ₹3,99,000

About Silverstorm Parks & Resorts

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.

Objects of the Issue

Issue Object
Funding capital expenditure in relation to setting up Lucknow Snow Park and FEC
Estimate Amount ₹26.12 Cr.
Issue Object
Funding capital expenditure in relation to the expansion and upgradation of the existing Athirappilly Theme Park, Kerala
Estimate Amount ₹15.14 Cr.
Issue Object
Repayment and/or pre-payment, in full or part, of certain borrowings availed by the Company
Estimate Amount ₹24.00 Cr.
Issue Object
General Corporate Purposes
Estimate Amount

Strengths & Risks

Strengths

  • Integrated entertainment destination comprising an amusement park, water park, snow park, resort, and upcoming cable car.
  • Established brand with over two decades of experience in the amusement and tourism industry.
  • Diversified revenue streams from ticketing, hospitality, food & beverages, merchandise, and events.
  • Strong institutional marketing network supported by experienced promoters and management.
  • Focus on safety, operational excellence, and continuous expansion of attractions.

Risks

  • Capital-intensive expansion (Lucknow snow park, Athirappilly upgrades, cable car) carries execution and utilisation risk.
  • Rising debt (₹28 cr to ₹65 cr over three years) increases financial leverage.
  • Footfall and revenue are seasonal and sensitive to weather, tourism trends and discretionary spending.
  • Geographic concentration around the flagship Kerala park.
  • SME listing — lower liquidity and higher volatility.

Company Financials

The Silverstorm Parks & Resorts company's financial performance (in ₹ Cr.) is summarized below:

Metric 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

IPO Reservation

Investor Category Reservation
QIB Not more than 50%
NII (HNI) Not less than 15%
Retail Not less than 35%

Promoters and Shareholding Details

Puthiyaveettil Kuvaka Kunhimon Mohamed Abdul Jaleel, Shalimar Antharathara Ibrahim

Promoter holding details will be updated as soon as they are officially announced.

Frequently Asked Questions

What is the GMP of Silverstorm Parks & Resorts?

The current Grey Market Premium (GMP) of Silverstorm Parks & Resorts is ₹ 5.

What is the Silverstorm Parks & Resorts IPO Price Band?

The price band for Silverstorm Parks & Resorts IPO is 133.

When is the Silverstorm Parks & Resorts IPO Allotment?

The allotment date for Silverstorm Parks & Resorts IPO is July 29, 2026.

How to check Silverstorm Parks & Resorts IPO Allotment Status?

You can check the allotment status on the IPO Allotment Status page or on the registrar's website (MUFG Intime India Private Limited).

Registrar

MUFG Intime India Private Limited

+91 22 4918 6270

Website

Book Running Lead Manager

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