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Latest GMP
- Lead Manager
- Vivro Financial Services Private Limited
- IPO Registrar
- MUFG Intime India Private Limited
- IPO Open Date
- 24th Jul 2026
- IPO Close Date
- 28th Jul 2026
- Allotment date
- 29th Jul 2026
- Listing date
- 31st Jul 2026
- Issue Size
- ₹ 82 Cr.
- Issue Price Band
- ₹ 123 to 133
- Lot Size
- 2000 Share
- Minimum Investment
- ₹ 266000
Disclaimer: IPO details, GMP, subscription figures, and other related information are for informational purposes only and may not always be accurate or up to date. Please verify the latest details from official sources before investing.
About Silverstorm Parks and Resorts Limited
Incorporated in October 1998, Silverstorm Parks and Resorts Ltd 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. It provides a comprehensive entertainment experience for families, tourists, students, corporate groups, and institutional visitors.
Silverstorm also operates a snow park in Jamshedpur, Jharkhand, and is developing a new snow park and family entertainment centre in Lucknow, Uttar Pradesh.
Revenue Streams
The company generates revenue through:
- Amusement and snow park ticket sales
- Food and beverage services
- Merchandise
- Resort bookings
- Private and corporate events
Expansion Plans
The company is expanding with a 1.2 km aerial cable car project at Athirappilly (expected to be the region’s first amusement park cable car attraction), along with new amusement rides and water attractions.
Leadership
Led by experienced promoters with over 25 years of industry expertise, Silverstorm focuses on delivering safe, high-quality entertainment experiences while expanding its integrated tourism and leisure infrastructure.
Workforce
As of March 31, 2026, the company employed 375 permanent personnel across operations, marketing, hospitality, administration, and support functions.
Competitive 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
IPO Subscription Details
| Category | Shares Offered | Shares Applied | Subscription Times (x) |
|---|---|---|---|
| QIB (Ex Anchor) | 12,85,000 (28.27%) | 12,77,000 | 0.99 |
| NII | 11,99,000 (26.37%) | 16,86,000 | 1.41 |
| bNII (> ₹10L) | 5,91,000 (13.00%) | 16,22,000 | 2.74 |
| sNII (< ₹10L) | 2,97,000 (6.53%) | 64,000 | 0.22 |
| Retail | 20,62,000 (45.36%) | 14,08,000 | 0.68 |
| Total | 45,46,000 (100.00%) | 43,71,000 | 0.96 |
Grey Market Premium (GMP)
| GMP Date | IPO Price | GMP | Estimated Listing Price | Estimated Profit* | Last Updated |
|---|
Financials of Silverstorm Parks and Resorts Limited
A quick overview of the key financial performance of Silverstorm Parks and Resorts Limited.
Total Assets (₹ Cr)
Revenue (₹ Cr)
Profit after Tax (₹ Cr)
*All values are in Rs. Cr
Company Financials
Revenue increased by 42%, Profit after Tax (PAT) increased by 97%, Total Assets increased by 41% between FY2025 and FY2026.
| Period Ended | FY2024 | FY2025 | FY2026 |
|---|---|---|---|
| Revenue | 19.11 | 31.64 | 44.85 |
| Assets | 112.02 | 151.60 | 214.09 |
| Profit After Tax | 0.97 | 9.71 | 19.10 |
| EBITDA | 6.52 | 16.56 | 29.36 |
| Net Worth | 23.26 | 50.47 | 72.84 |
| Reserves & Surplus | 63.93 | 97.74 | 116.91 |
| Total Borrowings | 28.36 | 29.95 | 65.07 |
IPO Lot Size
Application
Lots
Shares
Amount
Individual Investors (IND) (Min)
2
4,000
₹ 5,32,000
Individual Investors (IND) (Max)
2
4,000
₹ 5,32,000
S-HNI (Min)
3
6,000
₹ 7,98,000
S-HNI (Max)
3
6,000
₹ 7,98,000
B-HNI (Min)
4
8,000
₹ 10,64,000
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual Investors (IND) (Min) | 2 | 4,000 | ₹ 5,32,000 |
| Individual Investors (IND) (Max) | 2 | 4,000 | ₹ 5,32,000 |
| S-HNI (Min) | 3 | 6,000 | ₹ 7,98,000 |
| S-HNI (Max) | 3 | 6,000 | ₹ 7,98,000 |
| B-HNI (Min) | 4 | 8,000 | ₹ 10,64,000 |
Key Performance Indicators (KPI)
| KPI | Latest |
|---|---|
| ROE (%) | 30.98 |
| ROCE (%) | 25.22 |
| Debt / Equity | 0.89 |
| RoNW (%) | 30.98 |
| PAT Margin (%) | 42.59 |
| EBITDA Margin (%) | 67.37 |
| Price to Book Value | 3.01 |
|
Pre IPO
Post IPO
|
|
| EPS (₹) |
11.59
8.42
|
| P/E (x) |
11.47
15.79
|
| Promoter Holding (%) |
70.15
50.98
|
| Market Cap | 301.6 |
IPO Lead Manager(s)
Lead Manager Details
- Vivro Financial Services Private Limited
- Contact Person: Regis Patel / Siddham Jain
- SEBI Registration Number: INM000010122
- Investor Grievance Email: investors@vivro.net
- Website: https://www.vivro.net/
- Email: investors@vivro.net
- Phone: 022 6666 8040
- Address: 607/608, Marathon Icon, Opp. Peninsula Corporate Park, Off Ganpatrao Kadam Marg, Veer Santaji Lane, Lower Parel, Mumbai - 400013, Maharashtra, India
IPO Registrar
- Registrar Name
- MUFG Intime India Private Limited
- Phone
- +91 810 811 4949
- Contact Person
- Shanti Gopalkrishnan
- SEBI Registration Number
- INR000004058
- Address
- C-101, 1st Floor, 247 Park, L.B.S. Marg, Vikhroli West, Mumbai - 400083, Maharashtra, India
- Website
- http://www.linkintime.co.in/
Company Contact Details
- Company Name
- Silverstorm Parks and Resorts Limited
- info@silverstorm.in
- Phone
- +91-9188905079
- Contact Person
- Nagashruti Shivanand Lakkimarad, Company Secretary and Compliance Officer
- Corporate Identity Number
- U92199KL1998PLC012512
- Address
- Door No. 1/77A, Vettilapara P.O., Chalakudy, Thrissur - 680721, Kerala, India
- Website
- https://silverstorm.in/
Silverstorm Parks and Resorts Limited FAQs
