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Silverstorm Parks & Resorts IPO
2.27xsubscribed

Silverstorm Parks & Resorts IPO

Travel Services
listed
₹2.46LMin. investment

Silverstorm Parks & Resorts Limited IPO Details

SectorTravel Services
Price range₹123 – ₹133
IPO type
SME
Lot size1000 shares
Issue size₹82Cr
Red Herring Prospectus
Read
Market cap
₹301.6CrLower than sector avg
RevenueApr 2025 - Mar 2026
₹43.58CrLower than sector avg
Growth rate3Y CAGR
52.01%

Silverstorm Parks & Resorts IPO Subscription Status

Date
QIB
NII
Retail
Total
24-Jul-26
0.0 times (X)
1.65 times (X)
0.5 times (X)
0.42 times (X)
27-Jul-26
0.99X
5.68X
0.68X
1.2X
28-Jul-26
1.81X
10.52X
1.37X
2.27X

As on 24-Jul-26, 5:00 PM

Silverstorm Parks & Resorts IPO Timeline

  1. Pre-apply
    23 Jul 2026
  2. Bid start
    24 Jul 2026
  3. Bid end
    28 Jul 2026
  4. Allotment
    29 Jul 2026
  5. Release of funds
    30 Jul 2026
  6. Demat transfer
    30 Jul 2026
  7. Listing
    31 Jul 2026

About Silverstorm Parks & Resorts Limited

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.

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Objectives of Silverstorm Parks And Resorts Limited IPO

Capital expenditure
50.30%
₹41.2 cr capex: ₹26.1 cr for Lucknow Snow Park & FEC, ₹15.1 cr for expansion and upgrades.
Repayment of borrowings
29.20%
The company will use ₹24 crore for repayment of certain outstanding borrowings.
General corporate purposes
20.40%
Part of the IPO proceeds will be used for general corporate purposes and issue expenses

Compare

CompanyRevenue*3Y growthPATMarket capP/E ratioD/E ratio
This IPO₹43.58Cr52.01%₹19.1Cr₹301.6Cr10.560.89
This sector (avg.)₹706.2Cr----₹218.22Cr₹5,446.1Cr39.130.26
₹4,674.77Cr---₹1,314.9Cr₹49,844Cr36.340.02
₹1,737.47Cr---₹229.89Cr₹14,832.1Cr62.600.18
₹914.25Cr---₹60.25Cr₹9,068.08Cr147.310.06

*Revenue for financial year 2025-26. Lower P/E and D/E ratios are generally preferred.

Silverstorm Parks & Resorts IPO Contact Details

Company NameSilverstorm Parks & Resorts Limited

How to apply for Silverstorm Parks & Resorts IPO?

  1. Step 1

    Log in to your Upstox account to access IPO investments. Next, select the current IPO section.

  2. Step 2

    Specify IPO details. Enter the number of lots and the price you wish to apply for.

  3. Step 3

    Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.

  4. Step 4

    Mandate Notification. Your UPI app will receive a mandate notification to block funds.

  5. Step 5

    Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.

Silverstorm Parks And Resorts Limited IPO FAQs