GMP IPO Watch
Silverstorm Parks IPO 2026: Amusement & Entertainment Business, Growth Strategy, Financial Overview and Investment Insights
Silverstorm Parks Limited is expected to launch its IPO, offering investors an opportunity...
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S
SME IPO
LISTED
NSE, BSE
SPRL
Silverstorm Parks IPO
Silverstorm Parks IPO details, live grey market premium (GMP), dates, price band, lot size, subscription & review.
Live GMP Today
₹0
+0.0%
Est. Listing: ₹133.00
Price Band
₹123 - ₹133
Per equity share
Lot Size
1000 Shares
Min Invest: ₹2,66,000
Issue Size
₹82.43 Cr
Total Public Offering
Issue Dates
23 July 2026 – 27 July 2026
Bidding period
Subscription
1.84x
Total overall demand
Silverstorm Parks IPO Details
Key facts at a glance| IPO Open Date | 23 July 2026 | IPO Close Date | 27 July 2026 |
|---|---|---|---|
| Basis of Allotment | 28 July 2026 | Listing Date | 30 July 2026 |
| Price Band | ₹123 - ₹133 per share | Face Value | ₹10 per share |
| Market Lot Size | 1000 Shares | Min Investment (Retail) | ₹2,66,000 |
| Total Issue Size | ₹82.43 Cr | Issue Type | Book Built Issue IPO |
| Fresh Issue | — | Offer for Sale (OFS) | — |
| Listing At | NSE, BSE | Issue Category | SME Issue |
| Registrar | TBA | ||
Silverstorm Parks IPO Timetable (Tentative Dates)
| Event | Tentative Date | Status |
|---|---|---|
| IPO Open Date | 23 July 2026 | Confirmed |
| IPO Close Date | 27 July 2026 | Confirmed |
| Basis of Allotment | 28 July 2026 | Tentative |
| Initiation of Refunds | 30 July 2026 | Tentative |
| Credit of Shares to Demat | 30 July 2026 | Tentative |
| IPO Listing Date | 30 July 2026 | Tentative |
| Cut-off time for UPI Mandate Confirmation | 28 July 2026 (5:00 PM) | Deadline |
* Note: Timelines are tentative and subject to regulatory confirmation. UPI mandate approvals must be completed by 5:00 PM on the IPO closing day.
Silverstorm Parks IPO Lot Size & Investment Details
Application limits for Retail and HNI investors| Application Category | Lots | Shares | Amount (at Cut-off) |
|---|---|---|---|
| Retail (Min) | 2 Lots | 2,000 Shares | ₹2,66,000 |
| Retail (Max) | 2 Lots | 2,000 Shares | ₹2,66,000 |
| S-HNI (Min) | 3 Lots | 3,000 Shares | ₹3,99,000 |
| S-HNI (Max) | 7 Lots | 7,000 Shares | ₹9,31,000 |
| B-HNI (Min) | 8 Lots | 8,000 Shares | ₹10,64,000 |
Silverstorm Parks IPO Live GMP & Movement History
Daily unofficial grey market trends
Current Grey Market Premium
₹0 +0.0%
Estimated Listing Price
₹133.00
| Date | IPO GMP (₹) | Estimated Listing Price | Estimated Listing Gain (%) |
|---|---|---|---|
| 27 Jul 2026 | ₹0 | ₹133.00 | +0.00% |
Disclaimer: Grey Market Premium (GMP) figures are purely unofficial and indicative rates traded in the unregulated grey market. GMP is highly volatile and does not guarantee the actual listing price. Always consult a SEBI registered investment advisor before bidding.
Silverstorm Parks IPO Subscription Status
Demand breakdown by investor category
Retail
1.41x
QIB
1.81x
NII / HNI
—
Total
1.84x
About Silverstorm Parks
Silverstorm Parks and Resorts Limited, incorporated in 1998, operates an amusement-cum-water theme park, indoor snow parks, and related resort facilities. The company’s primary operational hub is the Athirappilly Theme Park in Kerala, which features high-thrill rides, water attractions, an indoor snow park, and resort accommodation. It generates revenue primarily through entry ticket sales, along with supplementary revenue streams from food and beverage services, photography, merchandise, and retail sales. SPRL is expanding its footprint with projects such as an ongoing 1.2 km ropeway cable car project at Athirappilly and a new snow park facility in Lucknow, Uttar Pradesh, while maintaining existing operations in Jharkhand. Operating on a capital-intensive model, the business caters significantly to family visitors, school groups, and corporate outings.
Key Strengths
- SPRL operates a 17.38-acre flagship park at Athirappilly featuring 41 rides, an indoor snow park, three restaurants, and resort accommodation.
- The company generates revenue from multiple streams, including entrance tickets, food and beverages, resort stays, photography, and merchandise sales.
- SPRL maintains a dedicated in-house technical team of 123 personnel to handle daily ride maintenance, safety checks, and operations.
- The company is expanding its indoor snow park footprint under the Snow Storm brand across Athirappilly, Jamshedpur, and Lucknow.
- The flagship theme park is strategically positioned near Athirappilly Waterfalls to capitalise on regional tourist footfalls.
Key Risks
- SPRL historically derives almost all of its operational revenue from a single property, the Athirappilly Theme Park.
- The company does not maintain annual maintenance contracts for most of its rides, machinery, and equipment.
- The business is highly seasonal, with quarterly fluctuations in visitor footfall and revenue.
- SPRL has reported negative net cash flows from investing activities across past fiscal years.
- The company has experienced past regulatory non-compliances and has untraceable corporate records for historical share allotments.
Silverstorm Parks IPO Reservation & Share Quotas
Silverstorm Parks & Resorts Limited has allocated the IPO shares among various investor categories in accordance with the SEBI regulations applicable to book-built public issues. The issue is reserved for Qualified Institutional Buyers (QIBs), Non-Institutional Investors (NIIs), and Retail Individual Investors (RIIs), providing balanced participation across different classes of investors.
The anchor investor allocation, if any, will be completed before the IPO opens for subscription. After the anchor placement, the remaining shares will be allocated to eligible investor categories as per the prescribed reservation percentages.
| Investor Category | Shares Offered | Shares (%) |
|---|---|---|
| Anchor Investor | – Shares | -% |
| QIB (Ex. Anchor) | – Shares | 50% |
| NII Shares Offered | – Shares | 15% |
| Retail Shares Offered | – Shares | 35% |
Note: The exact number of shares reserved for each category will be announced after the completion of the anchor investor allocation and as disclosed in the final IPO documents.
Silverstorm Parks IPO Anchor Investors
The Anchor Investor bidding for the Silverstorm Parks & Resorts IPO is scheduled for July 23, 2026, one business day before the public subscription begins. The anchor portion is reserved for eligible Qualified Institutional Buyers (QIBs) and is intended to bring institutional participation and confidence to the public issue.
The final list of anchor investors, total shares allotted, and the value of the anchor investment will be announced after the completion of the anchor allocation process. These details are generally published before the IPO opens for public bidding.
| Particular | Details |
|---|---|
| Anchor Bidding Date | July 23, 2026 |
| Anchor Investors List | |
| Shares Offered | [.] Shares |
| Anchor Size | [.] Cr. |
| Lock-in Period End Date (50% Shares – 30 Days) | 2026 |
| Lock-in Period End Date (Remaining 50% Shares – 90 Days) | 2026 |
Note: The exact anchor allocation, investor names, number of shares allotted, investment amount, and lock-in expiry dates will be updated after the completion of the anchor book allocation.
Silverstorm Parks IPO Important Dates
| Particular | Dates |
|---|---|
| IPO Open Date | 24 Jul 2026 |
| IPO Close Date | 28 Jul 2026 |
| Basis of Allotment | 29 Jul 2026 |
| Refunds | - |
| Credit to Demat Account | - |
| IPO Listing Date | 31 Jul 2026 |
Note: The timeline for సిల్వర్ స్టార్మ్ పార్క్స్ IPO is tentative and subject to change.
Silverstorm Parks Promoters and Shareholding Pattern
Silverstorm Parks & Resorts Limited is promoted by Puthiyaveettil Kuvaka Kunhimon Mohamed Abdul Jaleel and Shalimar Antharathara Ibrahim. The promoters have played a key role in establishing the company's presence in the hospitality and resort industry and continue to guide its long-term business strategy and expansion plans.
Following the completion of the IPO, the promoters will continue to retain a significant stake in the company. Although their shareholding percentage will reduce due to the fresh issue of equity shares, they are expected to remain the controlling shareholders, demonstrating their continued commitment to the company's future growth.
| Particular | Shares | % Share |
|---|---|---|
| Promoter Holding Pre Issue | 1,64,78,736 | 70.15% |
| Promoter Holding Post Issue | 2,26,76,736 | 50.98% |
Note: The post-issue promoter holding is based on the proposed IPO structure. The promoters are expected to continue as the majority stakeholders and remain actively involved in the management and strategic direction of Silverstorm Parks & Resorts Limited.
Silverstorm Parks Objects of the Issue & Utilisation of Proceeds
To Be Updated Soon
Silverstorm Parks About the IPO
To be updated soon
Silverstorm Parks Company Financial Report
To Be Updated Soon
Silverstorm Parks Company Valuation & Key Performance Indicators
To Be Updated Soon
Silverstorm Parks Peer Group Comparison
To Be Updated Soon
Silverstorm Parks Lead Managers & Merchant Bankers
- Vivro Financial Services Pvt. Ltd.
Silverstorm Parks IPO FAQs
Silverstorm Parks IPO opens for subscription on 23 July 2026 and closes on 27 July 2026.
The price band for Silverstorm Parks IPO is set at ₹123.00 to ₹133.00 per share.
The minimum market lot size is 1000 shares. A retail investor can apply for a minimum of 1 lot requiring an investment of 2,000 Shares (₹2,66,000).
The latest Grey Market Premium (GMP) for Silverstorm Parks IPO is ₹0. GMP represents the unofficial premium at which shares trade prior to listing.
The basis of allotment for Silverstorm Parks IPO is tentatively scheduled for 28 July 2026, and shares are expected to list on the stock exchanges on 30 July 2026.
The registrar details will be confirmed in the official prospectus.
Silverstorm Parks IPO Analysis & Articles
