Silverstorm Parks IPO
Market Sentiment
The overall score is a weighted average of the parts below, so one weak part can sit inside a strong overall reading.
IPO Details
Day-wise Subscription (times subscribed)
| Category | Day 1 | Day 4 | Day 5 |
|---|---|---|---|
| QIB | 0.00x | 0.99x | 1.81x |
| NII | 0.55x | 1.90x | 3.53x |
| bNII > ₹10L | 0.81x | 2.74x | 4.24x |
| sNII 2-10L | 0.04x | 0.22x | 2.12x |
| Retail | 0.50x | 0.68x | 1.41x |
| Total | 0.36x | 1.03x | 1.98x |
Market Lot Size
IPO Reservation
Financial Analysis
Financial Data
Financial Performance
| Metric | 2024 | 2025 | 2026 |
|---|---|---|---|
| Revenue | 19.11 | 31.64 | 44.85 |
| Expense | 16.75 | 18.10 | 18.25 |
| Profit (PAT) | 0.97 | 9.71 | 19.10 |
| Total Assets | 112.02 | 151.60 | 214.09 |
Peer Comparison
| Company | EPS | P/E | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| Silverstorm Parks This IPO | 12.59 | - | 30.98 | 44.20 | - |
| Wonderla Holidays Limited | 12.89 | 36.65 | 4.64 | 283.20 | 518.77 Cr |
| Imagicaaworld Entertainment Limited | 0.01 | 4,701.00 | 0.05 | 22.16 | 373.85 Cr |
| Nicco Parks & Resorts Limited | -0.58 | - | 10.74 | 22.35 | 66.35 Cr |
Promoters & Holding Pattern
Promoters: Puthiyaveettil Kuvaka Kunhimon Mohamed Abdul Jaleel, Shalimar Antharathara Ibrahim
| Shareholding | No. of Shares | Holding % |
|---|---|---|
| Promoter Holding Pre Issue | 1,64,78,736 | 70.15% |
| Promoter Holding Post Issue | 2,26,76,736 | 50.98% |
Strengths & Risks
- Revenue grew 42% in the latest reported year.
- Solid profit margin — 42.6%.
- Strong return on equity — 31%.
- Lists on the exchange's SME platform, where trading is usually thinner than on the main board — selling at your price can be harder.
Compiled from this issue's live GMP, subscription, valuation and financial data, and updated as those figures change. Informational only — not investment advice. Always read the RHP before applying.
Company Information
About Silverstorm Parks
Silverstorm Parks and Resorts Limited, founded in October 1998, is an amusement and tourism company that operates amusement parks, water parks, snow parks, and hospitality services in India. The company’s main attraction is Silver Strom Theme Park, located in Athirappilly, Kerala, covering about 17.38 acres and including an amusement park, water park, Kerala’s first indoor snow park, restaurants, and a resort. Everyone, from families, tourists, students, corporate groups, and other visitors, can acquire the complete entertainment experience here. The firm also runs a snow park in Jamshedpur, Jharkhand, and is setting up a new snow park in Lucknow, Uttar Pradesh. Silverstrom generates its revenue from snow park ticket sales, food and beverage services, merchandise, resort bookings, and private and corporate events.
Company Contact Information
Silverstorm Parks & Resorts Ltd., Door No 1/77A, Vettilapara P O,, Chalakudy, Thrissur, Kerala, 680721
Objects of the Issue
| Purpose | Amount (Cr) |
|---|---|
| Funding capital expenditure in relation to setting up Lucknow Snow Park and FEC | 26.12 |
| Funding capital expenditure in relation to the expansion and upgradation of the existing Athirappilly Theme Park, Kerala | 15.14 |
| Repayment and/or pre-payment, in full or part, of certain borrowings availed by the Company | 24.00 |
| General Corporate Purpose | - |
Resources & Documents
Anchor Investors
IPO Documents
Anchor Investor ListSilverstorm Parks IPO - Quick Take
Silverstorm Parks has set a price band of Rs 123–Rs 133 per share for an issue size of Rs 82 crore. The stock listed with a 0.08% discount versus its issue price on July 31, 2026.
The issue is promoted by Puthiyaveettil Kuvaka Kunhimon Mohamed Abdul Jaleel, Shalimar Antharathara Ibrahim with Vivro Financial Services Pvt. Ltd. acting as lead manager. Net proceeds will primarily be used towards funding capital expenditure in relation to setting up Lucknow Snow Park and FEC (Rs 26 crore) and funding capital expenditure in relation to the expansion and upgradation of the existing Athirappilly Theme Park, Kerala (Rs 15 crore).
On fundamentals, the company is posting revenue growth of 41.8%, a profit margin of 42.6%, return on equity of 31.0% in its most recent reported period. Listed peers in this segment include Wonderla Holidays Limited (P/E 36.65x) and Imagicaaworld Entertainment Limited (P/E 4,701.00x) — useful reference points when evaluating the issue's pricing relative to where the broader sector is trading.
On our data-signal score, the combined signals for this issue currently read mixed — some indicators read positively and others do not. This is a summary of public data, not a recommendation to apply or skip. Past performance does not predict future returns — review the price chart and peer comparison below before trading.
Frequently Asked Questions
Silverstorm Parks IPO GMP — What It Means
GMP stops mattering once the shares trade — it only ever estimated the listing price. The summary at the top of this page compares the last pre-listing GMP with how the shares actually listed. Its last GMP before listing was 3.8%. Of the 50 SME IPOs we have tracked with a final GMP under 10%, 19 listed above, 12 flat and 19 below the issue price; Silverstorm Parks listed 0.1% below its issue price.
See the full Silverstorm Parks GMP history and trend, or learn how grey market premium works and how reliable it is.
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