Silverstorm Parks and Resorts IPO
Silverstorm Parks and Resorts IPO Details
-
Open Date
24 Jul 2026
-
Close Date
28 Jul 2026
- IPO Price Range
₹ 123 to ₹133
- IPO Size
₹ 82.43 Cr
Silverstorm Parks and Resorts IPO Timeline
Silverstorm Parks and Resorts IPO Subscription Status
| Date | QIB | NII | Retail | TOTAL |
|---|---|---|---|---|
| 24-July-2026 | 0.00 | 0.55 | 0.50 | 0.36 |
| 27-July-2026 | 0.99 | 1.55 | 0.68 | 0.96 |
| 28-July-2026 | 1.81 | 3.19 | 1.41 | 1.91 |
Last Updated: 28 July 2026 6:17 PM by 5paisa
Silverstorm Parks & Resorts operates integrated leisure and hospitality destinations centred around adventure, recreation and nature-based experiences. Based in Athirappilly, Kerala, the company manages Silver Storm Amusement Park, Snow Storm indoor snow park and a nature-inspired resort, offering visitors a combination of entertainment, accommodation and tourism. Its attractions include water rides, thrill rides, family entertainment and immersive recreational experiences designed for guests of all age groups. Leveraging its scenic location near popular tourist attractions, the company focuses on delivering memorable holiday experiences through quality hospitality, innovative attractions and customer-centric services.
Established in: 1998
Managing Director: Shalimar Antharathara Ibrahim
Silverstorm Parks and Resorts Objectives
1. Funding capital expenditure in relation to setting up Lucknow Snow Park and FEC (₹26.12 Cr)
2. Funding capital expenditure in relation to the expansion and upgradation of the existing Athirappilly Theme Park, Kerala (₹15.14 Cr)
3. Repayment and/or pre-payment, in full or part, of certain borrowings availed by the company (₹24 Cr)
4. General Corporate Purposes
Silverstorm Parks & Resorts IPO Size
| Types | Size |
|---|---|
| Total IPO Size | ₹82.43 Cr |
| Offer For Sale | - |
| Fresh Issue | ₹82.43 Cr |
Silverstorm Parks & Resorts IPO Lot Size
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 2,000 | 2,46,000 |
| Retail (Max) | 2 | 2,000 | 2,66,000 |
| S - HNI (Min) | 3 | 3,000 | 3,69,000 |
| S - HNI (Max) | 7 | 7,000 | 9,31,000 |
| B - HNI (Max) | 8 | 8,000 | 10,64,000 |
Silverstorm Parks & Resorts IPO Reservation
| Investors Category | Subscription (times) | Shares Offered* | Shares bid for | Total Amount (Cr.)* |
|---|---|---|---|---|
| QIB (Ex Anchor) | 1.81 | 12,85,000 | 23,32,000 | 31.016 |
| Non-Institutional Buyers | 3.19 | 8,88,000 | 28,30,000 | 37.639 |
| BNII | 3.72 | 5,91,000 | 21,99,000 | 29.247 |
| SNII | 2.12 | 2,97,000 | 6,31,000 | 8.392 |
| Individual Investors (IND category bidding for 2 Lots) | 1.41 | 20,62,000 | 29,12,000 | 38.730 |
| Total** | 1.91 | 42,35,000 | 80,74,000 | 107.384 |
*The "Shares Offered" and "Total Amount" are calculated using the upper limit of the issue price range.
**Shares allocated to anchor investors (or market makers) are excluded from the total number of shares offered.
| Particulars (In ₹ Crores) | FY24 | FY25 | FY26 |
| Revenue | 19.11 | 31.64 | 44.85 |
| EBITDA | 6.52 | 16.56 | 29.36 |
| PAT | 0.97 | 9.71 | 19.10 |
| Particulars (In ₹ Crores) | FY24 | FY25 | FY26 |
| Total Assets | 112.02 | 151.6 | 214.09 |
| Share Capital | 13.79 | 97.74 | 116.9 |
| Total Liabilities | 112.02 | 151.6 | 214.09 |
| Cash Flows (₹ Crores) | FY24 | FY25 | FY26 |
| Net Cash Generated From / (used in) Operating Activities | 4.94 | 7.83 | 29.04 |
| Net Cash Generated From / (used in) Investing Activities | -10.12 | -23.63 | -62.84 |
| Net Cash Generated From / (used in) Financing Activities | 3 | 17.55 | 35.16 |
| Net Increase (Decrease) in Cash and Cash Equivalents | -2.2 | 0.34 | -0.4 |
Strengths
1. Integrated amusement, snow park and resort destination.
2. Established brand with over two decades of operations.
3. Strategic location near Athirappilly tourist attraction.
4. Diverse revenue from tickets, hospitality and events.
Weaknesses
1. High dependence on a single destination.
2. Seasonal footfalls affect business performance.
3. Capital-intensive business with ongoing maintenance needs.
4. Limited maintenance contracts for certain equipment.
Opportunities
1. Rising domestic tourism and experiential travel demand.
2. Expansion through new attractions and entertainment offerings.
3. Growth in corporate events and family tourism.
4. Cross-selling hospitality, F&B and recreational services.
Threats
1. Weather conditions impacting visitor footfalls.
2. Intense competition from leisure destinations.
3. Safety incidents could affect brand reputation.
4. Regulatory and legal risks impacting operations.
1. Integrated amusement park and resort business.
2. Strategic location in a popular tourist destination.
3. Diversified revenue across leisure and hospitality.
4. Positioned to benefit from India's tourism growth.
Silverstorm Parks & Resorts is positioned to benefit from the growing demand for domestic tourism, experiential entertainment and family-oriented leisure destinations in India. Its integrated business model, combining amusement parks, indoor snow experiences and hospitality, enables multiple revenue streams while enhancing visitor engagement. Located near the popular Athirappilly tourism circuit in Kerala, the company is well placed to attract both tourists and local visitors. Continued investments in attractions, guest experiences and operational efficiencies can support its long-term growth potential.
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FAQs
Silverstorm Parks & Resorts IPO opens from July 24, 2026 to July 28, 2026.
The size of Silverstorm Parks & Resorts IPO is ₹82.43 Cr.
The price band of Silverstorm Parks & Resorts IPO is fixed at ₹123 to ₹133 per share.
To apply for Silverstorm Parks & Resorts IPO, follow the steps given below:
● Login to your 5paisa demat account and select the issue in the current IPO section
● Enter the number of lots and the price at which you wish to apply for the Silverstorm Parks & Resorts IPO.
● Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.
You will receive a mandate notification to block funds in your UPI app.
The minimum lot size of Silverstorm Parks & Resorts IPO is of 2,000 shares and the investment required is ₹2,66,000.
The share allotment date of Silverstorm Parks & Resorts IPO is July 29, 2026
The Silverstorm Parks & Resorts IPO will likely be listed on July 31, 2026.
Vivro Financial Services Private Limited is the book running lead manager for Silverstorm Parks & Resorts IPO.
Silverstorm Parks & Resorts IPO plans to utilise the raised capital from the IPO for:
1. Funding capital expenditure in relation to setting up Lucknow Snow Park and FEC (₹26.12 Cr)
2. Funding capital expenditure in relation to the expansion and upgradation of the existing Athirappilly Theme Park, Kerala (₹15.14 Cr)
3. Repayment and/or pre-payment, in full or part, of certain borrowings availed by the company (₹24 Cr)
4. General Corporate Purposes