Silverstorm Parks & Resorts Limited

Total Issue Size

₹82.43 Cr

61,98,000 shares

Fresh Issue

₹82.43 Cr

61,98,000 shares

Offer for Sale

₹0 Cr

Face Value

₹10 per share

Issue Type

Book-built IPO

Listing At

BSE SME

Shares Pre-Issue

1,64,78,736

Shares Post-Issue

2,26,76,736

1. Offer opens

   24 Jul 2026

2. Offer closes

   28 Jul 2026

3. Allotment

   29 Jul 2026

4. Listing

   31 Jul 2026

• Anchor26.7%16,52,000 shares
• QIB20.7%12,85,000 shares
• HNI14.3%8,88,000 shares
• Retail33.3%20,62,000 shares
• MarketMaker5.0%3,11,000 shares

Incorporated in October 1998, Silverstorm Parks and Resorts Limited is an integrated amusement and tourism company operating amusement parks, water parks, snow parks, and hospitality services in India. The company's flagship destination, Silver Storm Theme Park at Athirappilly, Kerala, spans approximately 17.38 acres and features an amusement cum water park, Kerala's first indoor snow park, multiple restaurants, and the Silver Storm Resort, offering a comprehensive entertainment experience for families, tourists, students, corporate groups, and institutional visitors. The company also operates a snow park in Jamshedpur, Jharkhand, and is developing a new snow park and family entertainment centre in Lucknow, Uttar Pradesh. The company generates revenue through amusement and snow park ticket sales, food and beverage services, merchandise, resort bookings, and private and corporate events. It is further expanding its offerings with a 1.2 km aerial cable car project at Athirappilly, expected to become the region's first amusement park cable car attraction, along with the addition of new amusement rides and water attractions. Led by experienced promoters with over 25 years of industry expertise, Silverstorm Parks and Resorts focuses on delivering safe, high-quality entertainment experiences while expanding its integrated tourism and leisure infrastructure. As of March 31, 2026, the company employed 375 permanent personnel across operations, marketing, hospitality, administration, and support functions. Strengths Integrated entertainment destination comprising an amusement park, water park, snow park, resort, and upcoming cable car. Established brand with over two decades of experience in the amusement and tourism industry. Diversified revenue streams from ticketing, hospitality, food & beverages, merchandise, and events. Strong institutional marketing network supported by experienced promoters and management. Focus on safety, operational excellence, and continuous expansion of attractions.

• Funding capital expenditure in relation to setting up Lucknow Snow Park and FEC (₹26.12 Cr)
• Funding capital expenditure in relation to the expansion and upgradation of the existing Athirappilly Theme Park, Kerala (₹15.14 Cr)
• Repayment and/or pre-payment, in full or part, of certain borrowings availed by the Company (₹24.00 Cr)
• General Corporate Purposes (₹8.75 Cr)
• Issue Expenses (₹8.43 Cr)

• <p>Puthiyaveettil Kuvaka Kunhimon Mohamed Abdul Jaleel
• Shalimar Antharathara Ibrahim</p>

Book running lead managers

• Vivro Financial Services Pvt.Ltd.

Registered office

Door No 1/77A, Vettilapara P O,, Chalakudy, Thrissur, Kerala, 680721

Market maker

Rikhav Securities Ltd.

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• RHPRed Herring Prospectus
• AnchorAnchor Investor List