Silverstorm Parks & Resorts
UPCOMINGIPO Date: 24 Jul - 28 Jul 2026
Listing Date: 31 Jul 2026
Price Range
₹123 to ₹133
Issue Size
82 Cr
Min Investment
₹1,23,000
Lot Size
1000 Shares
Schedule of Silverstorm Parks & Resorts
Issue open date
24 Jul 2026
Issue close date
28 Jul 2026
UPI mandate deadline
28 Jul 2026 (5 PM)
Allotment finalization
29 Jul 2026
Share credit
30 Jul 2026
Listing date
31 Jul 2026
Mandate end date
N/A
Issue size
| Funds Raised in the IPO | Amount |
|---|---|
| Overall | 82 Cr |
| Fresh Issue | 0.62 Cr |
| Offer for Sale | 0 Cr |
Allotment DetailsNew
| Allotment Timeline | Details |
|---|---|
| Allotment Date | 29 Jul 2026 |
| Allotment Link | {Link} |
Grey Market PremiumNew
Grey Market Premium (GMP) is the premium at which the shares are traded in the grey market. It gives a fair idea about the listing price of the IPO shares. The GMP can be positive or negative based on the demand and supply of the shares in the grey market.
| Date | Ipo Price | GMP | Estimated Listing Price |
|---|---|---|---|
| 21 Jul 2026 | ₹133 | ₹0 | ₹133 (0%) |
| 20 Jul 2026 | ₹133 | ₹0 | ₹133 (0%) |
Performance Silverstorm Parks & Resorts
| Issue Price | Listing Gain | Current Market Price | P/L |
|---|---|---|---|
| ₹123 to ₹133 | .... | .... | .... |
About Silverstorm Parks & Resorts
Incorporated in 1998, Silverstorm Parks and Resorts Limited is an integrated amusement and tourism company engaged in operating amusement parks, water parks, indoor snow parks, resorts, and hospitality services. Its flagship Silver Storm Theme Park at Athirappilly, Kerala, offers a diversified entertainment destination comprising amusement rides, a water park, Kerala's first indoor snow park, restaurants, and a resort. The company earns revenue from park ticket sales, resort bookings, food and beverage services, merchandise sales, and corporate and private events. It is also expanding its presence through new snow parks, family entertainment centres, and an aerial cable car project to strengthen its tourism portfolio.
| Founded in | 1998 |
| Managing director | P. K. Raveendran |
| Parent organization |
Financial Overview
Strengths
- • Diversified revenue streams from amusement parks, resorts, food & beverages, merchandise, and events.
- • Strong brand presence through the established Silver Storm Theme Park and Kerala's first indoor snow park.
- • Experienced promoter group with over 25 years of expertise in the amusement and tourism industry.
- • Ongoing expansion through new snow parks, entertainment centres, and the Athirappilly cable car project to drive future growth.
Risks
- • Business is highly dependent on visitor footfall, tourism trends, holidays, and seasonal demand.
- • Large capital expenditure is required for expansion projects, maintenance, and installation of new attractions.
- • Operations are concentrated at key locations, making revenue vulnerable to regional disruptions, adverse weather, or natural disasters.
- • The company faces competition from amusement parks, water parks, resorts, and other leisure destinations across India.
Subscription Figures
| Category | Subscription (No. of times) |
|---|---|
| Qualified Institutional Buyers (QIBs) | N/A |
| Non-Institutional Investors (NIIs) | N/A |
| Retail Individual Investors (RIIs) | N/A |
| Employee | N/A |
| Total | N/A |