Silverstorm Parks & Resorts IPO: Price Band, Lot Size, Financials & Review
Silverstorm Parks & Resorts IPO listed on BSE on Fri, 31 Jul 2026. The issue was subscribed 1.98x overall.
- Open Date
- 24 Jul 2026
- Close Date
- 28 Jul 2026
Last updated
- Price band
- ₹123 – ₹133
- Lot size
- 1,000 shares
- Min. investment
- ₹2,66,000
- Issue size
- ₹82 Cr
- Subscribed
- 🔥 1.98x
Silverstorm Parks & Resorts IPO details
Silverstorm Parks & Resorts IPO is a ₹82 Cr book-building IPO on the SME segment, listing on BSE. It is entirely a fresh issue of shares, so all the money raised goes to the company; there is no offer for sale by existing shareholders.
The issue was open from Fri, 24 Jul 2026 to Tue, 28 Jul 2026. Allotment was finalised on Wed, 29 Jul 2026, and the shares listed on BSE on Fri, 31 Jul 2026.
The price band is ₹123 to ₹133 per share and the lot size is 1000 shares, so the minimum retail application is ₹2,66,000. Retail investors can apply for up to 2 lots (2,000 shares, ₹2,66,000).
MUFG Intime India Pvt Ltd is the registrar, and Vivro Financial Services Private Limited is the book running lead manager.
Subscription
Day-wise subscription →Silverstorm Parks & Resorts IPO was subscribed 1.98x overall: QIB 1.81x, NII 3.54x and retail 1.41x.
| Category | Subscribed |
|---|---|
| QIB | 1.81x |
| NII | 3.54x |
| └ bNII (above ₹10 lakh) | 4.25x |
| └ sNII (₹2–10 lakh) | 2.12x |
| Retail | 1.41x |
| Total | 1.98x |
Final figures at the close of bidding on 28 Jul 2026. Category-wise bids, application-wise breakup and allotment chances are on the Silverstorm Parks & Resorts IPO day-wise and category-wise subscription page.
Share reservation by category
| Category | Shares offered | Share of issue |
|---|---|---|
| Qualified Institutions | 12,85,000 | 30.34% |
| Non-Institutional | 8,88,000 | 20.97% |
| └ BNII | 5,91,000 | 13.96% |
| └ SNII | 2,97,000 | 7.01% |
| Retail Investors | 20,62,000 | 48.69% |
| Total | 42,35,000 | 100.00% |
Silverstorm Parks & Resorts 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 |
Amounts at the upper end of the price band.
Issue structure and valuation
It is entirely a fresh issue of shares, so all the money raised goes to the company; there is no offer for sale by existing shareholders.
At the upper price band of ₹133, the issue is priced at 11.47x pre-issue earnings and 15.79x post-issue earnings per share.
The post-issue P/E is higher because the fresh issue adds new shares, which spreads the same profit over more shares.
Listed peers with positive earnings trade at a median P/E of 2,368.83x (2 companies).
Promoter holding falls from 70.15% before the issue to 50.98% after it.
| EPS (pre-issue) Latest earnings per share before the issue | ₹11.59 |
|---|---|
| P/E (pre-issue) Upper price band ÷ pre-issue EPS | 11.47x |
| EPS (post-issue) EPS on the enlarged share capital | ₹8.42 |
| P/E (post-issue) Upper price band ÷ post-issue EPS | 15.79x |
| Promoter holding (pre-issue) | 70.15% |
| Promoter holding (post-issue) | 50.98% |
Silverstorm Parks & Resorts Limited financials
Between 31 Mar 2025 and 31 Mar 2026, Income rose from ₹31.64 Cr to ₹44.85 Cr, and profit after tax rose from ₹9.71 Cr to ₹19.1 Cr. The PAT margin for 31 Mar 2026 was 42.59%.
| Period ended | 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 |
| Net Worth | 72.84 | 50.47 | 23.26 |
| Reserve & Surplus | 116.91 | 97.74 | 63.93 |
| Total Borrowings | 65.07 | 29.95 | 28.36 |
₹ in crore, as stated in the prospectus.
Key performance indicators
| KPI | Mar 2026 | Mar 2025 | Mar 2024 |
|---|---|---|---|
| ROE % | 30.98 | 26.34 | 4.90 |
| ROCE % | 25.22 | 21.42 | 6.23 |
| Debt / Equity | 0.89 | 0.58 | 1.21 |
| RoNW % | 30.98 | 26.34 | 4.90 |
| Pat Margin % | 42.59 | 30.69 | 5.06 |
Peer comparison
| Company | Face value | P/E | EPS (basic) | EPS (diluted) | RoNW | NAV |
|---|---|---|---|---|---|---|
| Silver Storm Parks and Resorts Ltd | 10 | — | 12.59 | 11.59 | 30.98% | 44.20 |
| Wonderla Holidays Ltd | 10 | 36.65 | 12.89 | 12.83 | 4.64% | 283.20 |
| Imagicaaworld Entertainment Ltd | 10 | 4,701.00 | 0.01 | 0.01 | 0.05% | 22.16 |
| Nicco Parks & Resorts Ltd | 1 | — | -0.58 | -0.58 | 10.74% | 22.35 |
From the prospectus. P/E is shown as — when earnings are zero or negative, or not reported for the issuer before listing.
Objectives
The company intends to allocate the net proceeds from the offering to the following objectives.
| Sr | Objective |
|---|---|
| 1 | Funding capital expenditure in relation to setting up Lucknow Snow Park and FEC |
| 2 | Funding capital expenditure in relation to the expansion and upgradation of our existing Athirappilly Theme Park, Kerala |
| 3 | Repayment and/or prepayment, in full or part, of certain borrowings availed by our Company |
| 4 | General Corporate Purposes |
About Silverstorm Parks & Resorts Limited
Incorporated in October 1998, Silverstorm Parks and Resorts Limited is an integrated amusement and tourism company engaged in the development and operation of amusement parks, water parks, snow parks, and hospitality services across India. The company is focused on providing comprehensive leisure and entertainment experiences for families, tourists, educational institutions, corporate clients, and group visitors.
The company's flagship destination, Silver Storm Theme Park at Athirappilly, Kerala, is spread across approximately 17.38 acres. The facility comprises a modern amusement park, a water park, Kerala's first indoor snow park, multiple food and beverage outlets, and the Silver Storm Resort, offering visitors a complete entertainment and hospitality experience at a single destination.
In addition to its flagship property, the company operates an indoor snow park in Jamshedpur, Jharkhand, and is expanding its geographical presence through the development of a new snow park and family entertainment centre in Lucknow, Uttar Pradesh.
The company derives its revenue from multiple business segments, including:
- Ticket sales from amusement parks, water parks, and snow parks;
- Food and beverage operations;
- Merchandise sales;
- Resort accommodation and hospitality services; and
- Private events, corporate functions, educational tours, and group bookings.
As part of its expansion strategy, Silverstorm Parks and Resorts is developing a 1.2-kilometre aerial cable car project at its Athirappilly property, which is expected to become the region's first amusement park cable car attraction. The company is also investing in the addition of new amusement rides and water-based attractions to enhance visitor engagement and strengthen its position as an integrated leisure destination.
Supported by a promoter group with more than 25 years of experience in the amusement and hospitality industry, the company emphasizes operational excellence, visitor safety, service quality, and continuous infrastructure development. Its long-term strategy focuses on expanding its footprint in the growing tourism and recreation sector while delivering innovative, family-oriented entertainment experiences.
As of March 31, 2026, Silverstorm Parks and Resorts Limited had a workforce of 375 permanent employees engaged across operations, hospitality, marketing, administration, maintenance, and other support functions.
Promoters
- Puthiyaveettil Kuvaka Kunhimon Mohamed Abdul Jaleel
- Shalimar Antharathara Ibrahim
Contact details
Silverstorm Parks & Resorts Ltd. Address
Door No 1/77A
Vettilapara P O,
Chalakudy
Thrissur, Kerala, 680721
Phone: 91-9188905079
Email: info@silverstorm.in
Website: https://silverstorm.in/
Silverstorm Parks & Resorts IPO FAQs
- What is the Silverstorm Parks & Resorts IPO price band?
- The Silverstorm Parks & Resorts IPO price band is ₹123 to ₹133 per share.
- What is the Silverstorm Parks & Resorts IPO lot size and minimum investment?
- The Silverstorm Parks & Resorts IPO lot size is 1000 shares. The minimum retail investment is ₹2,66,000 for one lot at the upper price band. Retail investors can apply for up to 2 lots (2,000 shares), costing ₹2,66,000.
- When was Silverstorm Parks & Resorts IPO open for subscription?
- Silverstorm Parks & Resorts IPO was open for subscription from Fri, 24 Jul 2026 to Tue, 28 Jul 2026.
- What is the Silverstorm Parks & Resorts IPO subscription status?
- Silverstorm Parks & Resorts IPO was subscribed 1.98x overall: QIB 1.81x, NII 3.54x and retail 1.41x. Day-wise and category-wise figures are on the subscription page.
- What is the Silverstorm Parks & Resorts IPO allotment date?
- The Silverstorm Parks & Resorts IPO basis of allotment was finalised on Wed, 29 Jul 2026. You can check your allotment status on the MUFG Intime India Pvt Ltd website.
- What is the Silverstorm Parks & Resorts IPO listing date?
- Silverstorm Parks & Resorts IPO listed on BSE on Fri, 31 Jul 2026.
- Is the Silverstorm Parks & Resorts IPO a fresh issue or an offer for sale?
- It is entirely a fresh issue of shares, so all the money raised goes to the company; there is no offer for sale by existing shareholders.
- Who are the registrar and lead managers of the Silverstorm Parks & Resorts IPO?
- The registrar for the Silverstorm Parks & Resorts IPO is MUFG Intime India Pvt Ltd, and the book running lead manager is Vivro Financial Services Private Limited.
Data is compiled from the prospectus, stock exchanges and market sources and is for information only. It is not investment advice; read the RHP before applying.