Silverstorm Parks IPO

Listed SME
Min Investment
₹2,66,000
2000 Shares
Min Investment
₹2,66,000 · 2000 Shares
Open Jul 24
Close Jul 28
Allotment Jul 29
Refund Jul 30
Listing Jul 31

Market Sentiment

+Rs 5
+3.8%
Est. Listing: Rs 138
Updated: Jul 31, 2026 12:04 am
Subscription Status
QIB
1.81x
NII
3.53x
bNII (>10L)
4.24x
sNII (2-10L)
2.12x
Retail
1.41x
Total
1.98x
Updated: Jul 28, 2026 5:00 pm IST
Analysis Score 40 / 100
Neutral
Data: 78%
GMP Score 45
Subscription Score 25
Financial Health 81
Score updates live as GMP/subscription change. For information only — not investment advice.

IPO Details

Issue Price₹123-133 per equity share
Face Value₹10 Per Equity Share
Lot Size 2000 shares (Min ₹2,66,000)
Total Issue Size ₹82.43 crore
Fresh Share₹82.43 crore
Issue TypeBook build Issue
Lead ManagerVivro Financial Services Pvt. Ltd.
RegistrarMUFG Intime India Pvt. Ltd.
Listing atBSE
BSE Code544840
ISININE1EJ401023
Listing Price₹132.90
Listing Gain-0.08%

Market Lot Size

Category Lots Shares Amount (₹)
Retail Minimum 2 2,000 ₹2,66,000
Retail Maximum 2 2,000 ₹2,66,000
S-HNI Minimum 3 3,000 ₹3,99,000
S-HNI Maximum 7 7,000 ₹9,31,000
B-HNI Minimum 8 8,000 ₹10,64,000
Budget to Lots Calculator

IPO Reservation

Category Shares Offered Shares %
QIB12,85,00050.00%
NII (HNI)8,88,00015.00%
bNII > ₹10L5,92,00010.00%
sNII < ₹10L2,96,0005.00%
Retail20,62,00035.00%
Anchor16,52,00028.06%
Total58,87,000

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

Financial Analysis

Financial Data
EPS (Pre)
Rs 12.59
ROE
30.98%
ROCE
25.22%
RoNW
30.98%
EBITDA Margin
67.37%
Debt/Equity
0.89
NAV/Share
Rs 44.20
Revenue Growth
41.75%
Profit Margin
42.59%
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
Values in Crores (₹)
Peer Comparison
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 & 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

Strengths
  • Revenue grew 42% in the latest reported year.
  • Solid profit margin — 42.6%.
  • Strong return on equity — 31%.
Risks & Concerns

Our metrics didn't flag a major concern for Silverstorm Parks from the disclosed data — but this isn't a clean bill of health. Read the risk-factors section of the RHP, which lists company-specific risks our data can't capture.

Auto-generated from live GMP, subscription, valuation and financial data. 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.

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
Anchor Bidding Date
July 23, 2026
Shares Offered to Anchors
16,52,000
Lock-in End (30 Days, 50%)
August 28, 2026
Lock-in End (90 Days, 50%)
October 27, 2026
Company Contact Information

Silverstorm Parks & Resorts Ltd., Door No 1/77A, Vettilapara P O,, Chalakudy, Thrissur, Kerala, 680721

Silverstorm 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.

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).

Grey market is quoting a premium of +Rs 5 (+3.8% over issue price), up Rs 1 from the previous session. Final subscription data records overall subscription at 1.98x, retail at 1.41x, QIB at 1.81x, NII at 3.53x.

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 a Neutral stance — the data is mixed and the risk-reward is balanced rather than one-sided. Past performance does not predict future returns — review the price chart and peer comparison below before trading.

Frequently Asked Questions

The price band of Silverstorm Parks IPO is Rs 123 to Rs 133 per share. Face value is Rs 10 per share.

The total issue size of Silverstorm Parks IPO is Rs 82 crore, comprising fresh issue of Rs 82 crore.

Retail investors must apply for a minimum of 1 lot of 2000 shares, requiring an investment of Rs 2,66,000.

Silverstorm Parks IPO opens for subscription on July 24, 2026 and closes on July 28, 2026. Anchor investor bidding is scheduled for July 23, 2026.

The expected allotment date for Silverstorm Parks IPO is July 29, 2026. Refunds for unsuccessful applicants are expected on July 30, 2026.

Silverstorm Parks IPO is scheduled to list on July 31, 2026 on BSE. BSE script code: 544840, ISIN: INE1EJ401023.

The current GMP (Grey Market Premium) of Silverstorm Parks IPO is +Rs 5 (+3.8% over issue price). GMP is an unofficial grey market indicator and may change through the subscription window. See the GMP chart on this page for the full trend.

Silverstorm Parks IPO is currently subscribed 1.98 times overall — retail at 1.41x, QIB at 1.81x, NII at 3.53x. Live subscription data updates multiple times per day on open-issue days.

Based on the current retail subscription of 1.41x for Silverstorm Parks IPO, the estimated retail allotment probability is approximately 80.9%. This is a high probability of allotment.

The registrar for Silverstorm Parks IPO is MUFG Intime India Pvt. Ltd.. After the allotment date, you can check your allotment status on the registrar's official website by entering your PAN, application number, or demat account details. Allotment status is also available on the BSE and NSE websites.

The book running lead manager(s) for Silverstorm Parks IPO are Vivro Financial Services Pvt. Ltd..

The promoter(s) of Silverstorm Parks are Puthiyaveettil Kuvaka Kunhimon Mohamed Abdul Jaleel, Shalimar Antharathara Ibrahim.

Silverstorm Parks IPO GMP — What It Means

The latest grey market premium for Silverstorm Parks IPO is ₹5 (+3.8%). GMP is an unofficial, dealer-quoted figure that hints at expected listing-day demand — it is not a guaranteed listing price. For Silverstorm Parks it should be read alongside the subscription numbers and the company's fundamentals, since grey-market premiums can swing sharply during the bidding window.

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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