Silverstorm Parks IPO
Day 3 of 5 of bidding · Jul 26, 2026
Silverstorm Parks IPO is on Day 3 of 5 of its subscription window. Total subscription stands at 0.36x (NII 0.55x, Retail 0.5x). Bidding closes on Jul 28, 2026 (in 2 days).
Last updated:Market Sentiment
IPO Details
Market Lot Size
IPO Reservation
Return Estimator (GMP*)
Allotment Chances
Financial Analysis
| 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 |
| Company | EPS | P/E | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| 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: 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%.
Risk signals for Silverstorm Parks will appear here as subscription, valuation and GMP data arrive. Always read the company-specific risk factors in the RHP before you apply.
Auto-generated from live GMP, subscription, valuation and financial data. Informational only — not investment advice. Always read the RHP before applying.
Company Information
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.
| 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
Silverstorm Parks & Resorts Ltd., Door No 1/77A, Vettilapara P O,, Chalakudy, Thrissur, Kerala, 680721
Silverstorm Parks has set a price band of Rs 123–Rs 133 per share for an issue size of Rs 82 crore. The SME issue is currently open for subscription and closes in 2 days on July 28, 2026.
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.
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).
Live demand data shows overall subscription at 0.36x, retail at 0.50x, NII at 0.55x.
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 are trading.
Our data-driven engine currently flags this issue as an Avoid view — key indicators are weak enough that the risk-reward looks unfavourable for now. All figures below — GMP history, subscription tiers, financials and peers — are aggregated from public disclosures. Always apply through your own broker after reading the RHP.
Silverstorm Parks IPO GMP — What It Means
No active grey market premium has been recorded for Silverstorm Parks IPO yet. GMP is an unofficial, dealer-quoted indicator of expected listing-day demand — not a guaranteed listing price — and it can change quickly once bidding opens.
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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