Nifty 50
- Shriram Finance₹1,063.9028.50 (2.75%)
- HDFC Bank₹761.50-16.10 (-2.07%)
- Bajaj Finserv₹1,900.7039.20 (2.11%)
- Infosys₹1,070.60-16.50 (-1.52%)
- Eicher Motors₹7,700136.50 (1.80%)
- SBI₹1,044-16.00 (-1.51%)
- UltraTech Cement₹12,075172.00 (1.45%)
- Dr. Reddy's Labs₹1,205.40-17.70 (-1.45%)
- HCL Technologies₹1,238.9017.60 (1.44%)
- Reliance Industries₹1,304.40-18.70 (-1.41%)
- Mahindra & Mahindra₹3,21044.50 (1.41%)
- TCS₹2,220-31.10 (-1.38%)
- InterGlobe Aviation₹5,28758.00 (1.11%)
- Tata Consumer ₹1,080.10-11.80 (-1.08%)
- Kotak Mahindra Bank₹3863.95 (1.03%)
- Trent₹2,895.20-30.70 (-1.05%)
- Titan Company₹4,689.9046.50 (1.00%)
- Bajaj Auto₹10,426-96.50 (-0.92%)
- Maruti Suzuki₹13,640126.00 (0.93%)
- Wipro₹174.90-1.48 (-0.84%)
- Offerings
- Tools & Platforms
Tools & Calculators
- Open API
- Calculators
- SIP Calculator
- CAGR Calculator
- Compound Interest Calculator
- FD Calculator
- RD Calculator
- EPF Calculator
- Retirement Calculator
- HDFC SIP Calculator
- Mutual Fund Return Calculator
- Lumpsum Calculator
- Step Up SIP Calculator
- ETF SIP Calculator
- Brokerage Calculator
- Equity Margin Calculator
- SWP Calculator
- EMI Calculator
- MTF Calculator
- Margin Pledge Calculator
- Markets
Stocks
F&O
Mutual Funds
- More
Silverstorm Parks & Resorts IPO
₹2,66,000/2 Lots (2000) shares
Minimum Investment
IPO Details
24 Jul 26
28 Jul 26
₹2,66,000
2 Lots (2000)
₹123 to ₹133
BSE
₹82.43 Cr
31 Jul 26
Silverstorm Parks & Resorts IPO Timeline
Bidding Start
24 Jul 26
Bidding Ends
28 Jul 26
Allotment Finalisation
29 Jul 26
Refund Initiation
30 Jul 26
Demat Transfer
30 Jul 26
Listing
31 Jul 26
About Silverstorm Parks & Resorts Limited
Silverstorm Parks & Resorts Limited is an integrated amusement and tourism company incorporated in October 1998. The company owns and operates amusement parks, water parks, snow parks and hospitality businesses across India. Its flagship Silver Storm Theme Park at Athirappilly, Kerala, features an amusement park, water park, Kerala’s first indoor snow park, restaurants and a resort, offering a complete leisure destination for families, tourists and corporate visitors. The company also operates a snow park in Jamshedpur and is developing a new snow park and family entertainment centre in Lucknow. With over 25 years of industry experience, Silverstorm continues expanding its tourism infrastructure through new attractions and entertainment facilities.
Silverstorm Parks & Resorts Limited IPO Overview
Silverstorm Parks & Resorts Limited is launching a Bookbuilding SME IPO worth ₹82.43 crore, comprising an entirely fresh issue of 61,98,000 equity shares, with no offer for sale. The IPO opens for subscription on 24 July 2026 and closes on 28 July 2026, while the allotment is expected on 29 July 2026. Refunds and credit of shares are scheduled for 30 July 2026, and the company’s shares are proposed to list on the BSE SME platform on 31 July 2026. The price band has been fixed at ₹123 to ₹133 per share, with a minimum application of 2,000 shares requiring an investment of ₹2,66,000. Vivro Financial Services Pvt. Ltd. is the book-running lead manager, MUFG Intime India Pvt. Ltd. is the registrar to the issue, while Rikhav Securities Ltd. has been appointed as the market maker.
Silverstorm Parks & Resorts Limited IPO Details
| Particulars | Details |
| IPO Date | 24 July 2026 to 28 July 2026 |
| Listing Date | 31 July 2026 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹123 to ₹133 per share |
| Lot Size | 2,000 Shares |
| Total Issue Size | 61,98,000 shares (aggregating up to ₹82.43 Cr) |
| Fresh Issue | 61,98,000 shares (aggregating up to ₹82.43 Cr) |
| Offer for Sale | Nil |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 1,64,78,736 shares |
| Share Holding Post Issue | 2,26,76,736 shares |
| Market Maker Portion | 3,11,000 shares |
Silverstorm Parks & Resorts Limited IPO Reservation
| Investor Category | Shares Offered |
| QIB | Not more than 50% of the Net Issue |
| Retail | Not less than 35% of the Net Issue |
| NII (HNI) | Not less than 15% of the Net Issue |
Silverstorm Parks & Resorts Limited IPO Lot Size
| Application | Lots | Shares | Amount |
| Retail (Min) | 2 | 2,000 | ₹2,66,000 |
| Retail (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 |
Silverstorm Parks & Resorts Limited IPO Promoter Holding
| Shareholding Status | Percentage |
| Pre-Issue | 70.15% |
| Post-Issue | 50.98% |
Silverstorm Parks & Resorts Limited IPO Valuation Overview
| KPI | Value |
| Earnings Per Share (EPS) | ₹8.42 (Post Issue) |
| Price/Earnings (P/E) Ratio | 15.79x |
| Return on Net Worth (RoNW) | 30.98% |
| Net Asset Value (NAV) | ₹44.20 |
| Return on Equity (ROE) | 30.98% |
| Return on Capital Employed (ROCE) | 25.22% |
| EBITDA Margin | 67.37% |
| PAT Margin | 42.59% |
| Debt to Equity Ratio | 0.89 |
Objectives of the Proceeds
- ₹26.12 crore will be utilised for establishing the proposed Lucknow Snow Park and Family Entertainment Centre, expanding the company’s footprint in North India.
- ₹15.14 crore will be invested towards expansion and modernisation of the existing Athirappilly Theme Park in Kerala by adding new attractions and facilities.
- ₹24.00 crore will be used for repayment or pre-payment of certain outstanding borrowings, helping reduce debt and strengthen the company’s financial position.
- The remaining proceeds will be utilised for general corporate purposes, including operational requirements, business expansion initiatives, and other strategic corporate needs.
Key Financials (₹ Crore)
| Particulars | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
| Assets | 214.09 | 151.60 | 112.02 |
| Revenue (Total Income) | 44.85 | 31.64 | 19.11 |
| Profit After Tax | 19.10 | 9.71 | 0.97 |
| Reserves and Surplus | 116.91 | 97.74 | 63.93 |
| Total Borrowings | 65.07 | 29.95 | 28.36 |
IPO Strengths
- Integrated leisure destination offering amusement parks, water parks, snow parks, resort facilities, and upcoming cable car attractions.
- Established presence with more than two decades of experience in the amusement and tourism sector.
- Diversified business model supported by multiple revenue streams including ticket sales, hospitality services, food and beverages, merchandise, and events.
- Strong institutional marketing capabilities backed by experienced promoters and a knowledgeable management team.
- Commitment to safety standards, operational excellence, and continuous expansion of entertainment offerings.
Peer Group Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (₹/Share) | P/E (x) | RoNW (%) | P/BV Ratio |
| Silverstorm Parks & Resorts Limited | 12.59 | 11.59 | 44.20 | NA | 30.98 | NA |
| Peer Group | ||||||
| Wonderla Holidays Limited | 12.89 | 12.83 | 283.20 | 36.65 | 4.64 | 1.66 |
| Imagicaaworld Entertainment Limited | 0.01 | 0.01 | 22.16 | 4,701.00 | 0.05 | 2.14 |
| Nicco Parks & Resorts Ltd. | -0.58 | -0.58 | 22.35 | NA | 10.74 | 3.55 |
SWOT Analysis of Silverstorm Parks & Resorts IPO
Strength and Opportunities
- Integrated business model combining amusement park, water park, snow park, resort and hospitality services.
- Over 25 years of operating experience in the amusement and tourism industry.
- Diversified revenue streams from ticket sales, food and beverages, merchandise, resort bookings and events.
- Expansion into Lucknow and the upcoming cable car project offer additional long-term growth opportunities.
- Experienced promoters and management team with established industry expertise.
- Strong brand recognition and established presence in Kerala's tourism market.
Risks and Threats
- Business operations are seasonal, making revenues dependent on holidays, weekends and tourist inflows.
- High capital expenditure requirements for developing and maintaining attractions and entertainment infrastructure.
- Rising operating and maintenance costs can affect profitability over time.
- Business remains exposed to adverse weather conditions and natural calamities affecting visitor numbers.
- Economic slowdowns may reduce discretionary consumer spending on leisure and tourism.
- Competition from established amusement parks, resorts and emerging entertainment destinations may impact market share.
Upcoming IPO News
Explore IPO Opportunities
Explore our comprehensive IPO pages to stay updated on the latest trends and insights.
How to apply IPO with HDFC SKY?
Follow these simple steps to apply for an IPO through HDFC SKY. Secure your investments and explore new opportunities with ease by accessing the IPOs available on the platform.
1Login to your HDFC SKY Account
2Select Issue
3Enter Number of Lots and your Price.
4Enter UPI ID
5Complete Transaction on Your UPI App
FAQs on Silverstorm Parks & Resorts IPO
How can I apply for the Silverstorm Parks & Resorts Limited IPO?
You can apply for the Silverstorm Parks & Resorts Limited IPO through HDFC Sky using the UPI-based ASBA process. Ensure you have sufficient funds blocked in your bank account and approve the UPI mandate before the specified deadline to complete your application successfully.
What is the price band of the Silverstorm Parks & Resorts Limited IPO?
The Silverstorm Parks & Resorts Limited IPO has been priced in the range of ₹123 to ₹133 per equity share. Investors can place bids within this range during the subscription period, with the final issue price determined through the book-building process.
What is the minimum investmentrequiredfor the Silverstorm Parks & Resorts Limited IPO?
Retail investors are required to apply for a minimum of 2,000 equity shares, amounting to ₹2,66,000 at the upper price band of ₹133 per share. Applications can be made in multiples of 1,000 shares thereafter, subject to the applicable investor category.
When will the Silverstorm Parks & Resorts Limited IPO allotment and listing take place?
The basis of allotment is expected to be finalised on 29 July 2026. Refunds and credit of shares are scheduled for 30 July 2026, while the shares are proposed to be listed on the BSE SME platform on 31 July 2026.
What is theobjectiveof the Silverstorm Parks & Resorts Limited IPO?
The company plans to utilise the IPO proceeds for establishing the Lucknow Snow Park and Family Entertainment Centre, expanding and upgrading the Athirappilly Theme Park, repaying certain borrowings and meeting general corporate purposes to support future business growth.
By signing up I certify terms, conditions & privacy policy