Silverstorm Parks & Resorts IPO- Company Analysis
Silverstorm Parks & Resorts IPO under the SME IPO category is a book-build issue of Rs. 82.43 Cr by Silverstorm Parks & Resorts Limited, which operates water parks, snow parks, amusement parks, and hospitality services in India as part of its integrated amusement and tourism business.
The company's flagship location, Silver Storm Theme Park in Athirappilly, Kerala, is roughly 17.38 acres in size and offers a comprehensive entertainment experience for families, tourists, students, corporate groups, and institutional visitors.
It includes an amusement/water park, Kerala's first indoor snow park, several restaurants, and the Silver Storm Resort. In addition, the company is building a new snow park and family entertainment facility in Lucknow, Uttar Pradesh, and runs a snow park in Jamshedpur, Jharkhand.
Silverstorm Parks & Resorts IPO Details
The Silverstorm Parks & Resorts IPO date of opening is 24 Jul 2026; its initial public offering will end on 28 Jul, IPO allotment on Jul 29 and refund initiation on Jul 30, 2026.
The Rs. 82.43 crore new SME IPO comprises a wholly fresh issue of 0.62 crore shares.
The Silverstorm Parks & Resorts IPO listing date (expected) might be Friday, Jul 31, 2026, and the listing on the BSE and SME.
The Silverstorm Parks & Resorts IPO price band is Rs. 123 to Rs. 133.
IPO Timetable (Tentative)
|
Events |
Date |
|
IPO Opening Date |
Jul 24, 2026 |
|
IPO Closing Date |
Jul 28, 2026 |
|
IPO Allotment Date |
Jul 29, 2026 |
|
Refund Initiation |
Jul 30, 2026 |
|
IPO Listing Date |
Jul 31, 2026 |
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Company Financials (Restated)
(Amount in Cr)
|
Particulars |
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 |
|
EBITDA |
29.36 |
16.56 |
6.52 |
|
Net Worth |
72.84 |
50.47 |
23.26 |
|
Reserves and Surplus |
116.91 |
97.74 |
63.93 |
|
Total Borrowing |
65.07 |
29.95 |
28.36 |
Cash Flows
(Amount in lac)
|
Net Cash Flow |
31 Mar 2026 |
31 Mar 2025 |
31 Mar 2024 |
|
Net Cash Flow Operating Activities |
2,528.52 |
642.05 |
494.18 |
|
Net Cash Flow Investing Activities |
(6,283.63) |
(2,363.32) |
(1,012.28) |
|
Net Cash Flow Financing Activities |
3,715.55 |
1,755.34 |
298.60 |
Revenue Bifurcation
(Rs. in Lac)
(Source: RHP)
The Objective of the Issue
The Company desires to use the Net Proceeds from the Issue to fulfill its following goals:
-
Funding capital expenditure in relation to setting up Lucknow Snow Park and FEC. ~ Rs. 26.12 Cr.
-
Funding capital expenditure in relation to the expansion and upgradation of the existing Athirappilly Theme Park, Kerala. ~ Rs. 15.14 Cr.
-
Repayment and/or pre-payment, in full or part, of certain borrowings availed by the Company. ~ Rs. 24 Cr.
-
General Corporate Purposes.
Listed Peers of Silverstorm Parks & Resorts Ltd.
|
Name of Company |
Face Value (₹) |
Basic & Diluted EPS (₹) |
PE Ratio (x) |
|
Wonderla Holidays Limited |
10 |
12.89 |
36.65 |
|
Imagicaaworld Entertainment Limited |
10 |
0.01 |
4,701 |
|
Nicco Parks & Resorts Limited |
1 |
(0.58) |
N.A. |
Evaluation of P/E Ratio
Considering the period ended on FY 2026 with an EPS of Rs. 12.59 from the last year, the resulting P/E ratio is 10.56x.
Explore the Teja Engineering Industries IPO.
IPO's Strengths
-
An amusement park, water park, snow park, lodge, and soon-to-be cable car make up this integrated leisure destination.
-
Reputable company with more than 20 years of expertise in the travel and entertainment sector.
-
Varied sources of income from events, food and drink, lodging, ticketing, and merchandising.
-
Robust institutional marketing network backed by knowledgeable management and promoters.
IPO's Weaknesses
-
Seasonal Footfall Risk
-
Workforce Dependency
-
Consumer Spending Risk.
Silverstorm Parks & Resorts IPO GMP (Grey Market Premium)
Silverstorm Parks & Resorts IPO GMP today has not started yet as of 21 July 2026, while writing this information.
Silverstorm Parks & Resorts IPO Summary
|
IPO Opening & Closing Date |
24 Jul, 2026 to 28 Jul, 2026 |
|
Face Value |
Rs. 10 per Share |
|
Issue Price |
Rs. 123 to Rs. 133 per Share. |
|
Lot Size |
1000 Shares |
|
Issue Size |
61,98,000 Shares (Rs. 82 Cr) |
|
Offer for Sale |
- |
|
Fresh Issue |
58,87,000 Shares (Rs. 78 Cr) |
|
Listing at |
BSE, SME |
|
Issue Type |
Bookbuild Issue |
|
Registrar |
MUFG Intime India Pvt. Ltd |
IPO Lot Details
Retail investors can invest in a minimum and maximum of 2 Lots (2000 Shares) for Rs. 2,66,000, and in multiples thereof, while HNI investors can invest in a minimum of 3 Lots (3000 Shares) for Rs. 3,99,000.
|
Minimum Lot Investment (Retail) |
2 Lots |
|
Maximum Lot Investment (Retail) |
2 Lots |
|
HNI (Min) |
3 Lots |
Silverstorm Parks & Resorts IPO Allotment Status
To check the Silverstorm Parks & Resorts IPO Allotment Status, visit the official Registrar’s website or BSE website. Below are the website links for you.
Using BSE Website - BSE IPO allotment status
Promoters And Management of Silverstorm Parks & Resorts Ltd.
-
Puthiyaveettil Kuvaka Kunhimon Mohamed Abdul Jaleel
-
Shalimar Antharathara Ibrahim
|
Pre-Issue Promoter Shareholding |
70.15% |
|
Post-Issue Promoter Shareholding |
50.98% |
IPO Lead Managers
Vivro Financial Services Pvt. Ltd.
Dividend Policy
The company has not declared a dividend during the last three FYs.
Conclusion
Investors can gain exposure to a developing integrated leisure and tourist company with increasing revenue, profitability, and expansion ambitions through the Silverstorm Parks & Resorts IPO. Before submitting an application, investors should thoroughly examine the IPO pricing, SME liquidity risks, seasonal demand, financial performance, and business forecast.
Other Related Blogs:- Gulf Lloyds IPO, Sotefin Bharat IPO
Finowings IPO Analysis
Hope you enjoyed the Finowings IPO Analysis. We tried our best to give every required detail about the company that you should know before applying to the IPO.
You must consult your financial advisor before making any financial decisions.
To Apply for the IPO, Click Here.
To Read the Prospectus of the Company Click Here to Download the DRHP.
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DISCLAIMER: This blog is NOT any buy or sell recommendation. No investment or trading advice is given. The content is purely for educational and information purposes only. Always consult your eligible financial advisor for investment-related decisions.
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