Silverstorm Parks & Resorts Ltd.
SILVERSTORMSME
Ask IPO
Overview
Silver Storm Parks and Resorts Limited is a Kerala-based operator of integrated leisure destinations, running an amusement-cum-water park near Athirappilly waterfalls in Thrissur along with an indoor snow park (Snow Storm) and an on-site boutique resort, and expanding its footprint through mall-based snow parks (Jamshedpur operational; Lucknow planned). The business earns from ticketing for park attractions and separately ticketed snow experiences, and increasingly from non-ticket streams such as food & beverage, merchandise, resort stays and events.
Opening Date
Jul 24, 2026
Closing Date
Jul 28, 2026
Listing Date
Jul 31, 2026
IPO Type
SME
IPO Status
Open
Issue Size
82.43 Cr
Fresh Issue
82.43 Cr
Offer for Sale
0 Cr
Price Band
₹123 - ₹133
Lot Size
1000
IPO Timeline
Financials
Revenue
Profit After Tax (PAT)
Use of IPO funds
Key Performance Indicator
P/E Ratio
11.47
EPS
11.59
ROE
30.98%
ROCE
25.22%
RONW
30.98%
Debt to Equity Ratio
—
PAT Margin
42.59%
EBITDA Margin
67.37%
P/B
3.01
Bull vs Bear
Bull case
- •
It runs a combined water park, snow park, and resort at its Athirappilly site.
- •
It already operates three facilities across Athirappilly and Jamshedpur.
- •
India has only 2 to 3 amusement parks per 1 crore people versus around 6 globally.
Bear case
- •
It lacks annual maintenance contracts for most machinery and equipment used at its parks.
- •
Its footfalls are seasonal and can swing with weather, holidays, and school calendars.
- •
It has many fixed and recurring costs that are hard to cut when footfalls are low.
Net takeaway
This is a bet on turning footfalls and per-visitor spending into steady cash across a seasonal park business. If strong footfalls and ARPU hold then profits can follow. If not then fixed costs and downtime risks can bite. Keep watching footfalls and ARPU each year because they drive most of the revenue.
Subscription Rate
Application Details
Frequently Asked Questions about Silverstorm Parks & Resorts Ltd.
Silver Storm Parks and Resorts Limited is a Kerala-based operator of integrated leisure destinations, running an amusement-cum-water park near Athirappilly waterfalls in Thrissur along with an indoor snow park (Snow Storm) and an on-site boutique resort, and expanding its footprint through mall-based snow parks (Jamshedpur operational; Lucknow planned). The business earns from ticketing for park attractions and separately ticketed snow experiences, and increasingly from non-ticket streams such as food & beverage, merchandise, resort stays and events.
The Silverstorm Parks & Resorts Ltd. IPO is scheduled to open for subscription on Jul 24, 2026 and close on Jul 28, 2026. Investors can apply for shares during this period through eligible platforms.
The price band for the Silverstorm Parks & Resorts Ltd. IPO is ₹123 to ₹133. Investors can place bids within this range once the issue opens.
The minimum lot size for the Silverstorm Parks & Resorts Ltd. IPO is 1000 shares. The minimum investment amount ₹1,33,000.
The total issue size of the Silverstorm Parks & Resorts Ltd. IPO is approximately ₹82.43. Issue size represents the total value of shares offered to the public.
As per the latest available information, the Silverstorm Parks & Resorts Ltd. IPO has been subscribed 0.36 times. Subscription levels can change significantly during the offer period.
The Grey Market Premium (GMP) for the Silverstorm Parks & Resorts Ltd. IPO is ₹[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]. GMP reflects unofficial market sentiment and should not be considered a guarantee of listing performance.
The shares of Silverstorm Parks & Resorts Ltd. are expected to list on stock exchanges on Jul 31, 2026, subject to completion of the allotment process and regulatory approvals.
The net proceeds from the Silverstorm Parks & Resorts Ltd. IPO are proposed to be used for We intend to utilize the proceeds of the issue ('Gross Proceeds') after deducting the Issue related expenses ('Net Proceeds') to meet the following objects as approved by the Board of Directors of the Company:, Funding capital expenditure in relation to setting up Lucknow Snow Park and FEC, Funding capital expenditure in relation to the expansion and upgradation of our existing Athirappilly Theme Park, Kerala, Repayment and/or prepayment, in full or part, of certain borrowings availed by our Company, General Corporate Purposes.
Before applying for the Silverstorm Parks & Resorts Ltd. IPO, investors generally review the company’s business model, financial performance, valuation, industry outlook, and risk factors mentioned in the offer document.
