Silverstorm Parks & Resorts IPO

Silver Storm Parks and Resorts was incorporated in 2000 and is involved in developing and operating amusement parks, water parks, snow parks, resorts, restaurants and family entertainment centres (FECs).

The company operates through its subsidiaries, Snow Storm Parks Private Limited and Silver Storm Parks Private Limited. Its operations include an amusement cum water park, snow park, resort, restaurants and an aerial cable car project under development at Athirappilly, Kerala, a snow park at Jamshedpur, Jharkhand, and a snow park and family entertainment centre (FEC) under development at Lucknow, Uttar Pradesh. The company introduced Kerala's first indoor snow park, "Snow Storm," in 2017, spread across approximately 10,000 sq. ft. and maintained at -10°C.

Its flagship facility at Athirappilly spans 17.38 acres and comprises 41 thrill rides, 3 restaurants and an eight-room resort as of March 31, 2026. The company also operates a 5,183 sq. ft. snow park in Jamshedpur and is developing a snow park and FEC spanning over 11,000 sq. ft. in Lucknow. In addition, it is constructing a 1.2 km aerial ropeway cable car project near Athirappilly waterfalls, which is expected to commence operations in the Q2FY27, making it the first amusement park in the region to offer a cable car.

The Athirappilly park recorded over 16.09 lakh visitors in the last three fiscal years, with annual footfalls of 6.71 lakh, 5.14 lakh and 4.24 lakh in FY26, FY25 and FY24, respectively. Ticket sales contributed 71.95% of revenue from operations in FY26, while food & beverage, merchandise, resort bookings and events together accounted for 28.05%. The company had 375 permanent employees as of March 31, 2026.