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SP

Silverstorm Parks & Resorts IPO

Listed SME BSE SME · Hotels & Resorts

Price Band

₹123.0–133.0

Issue Size

₹82.43 Cr

Lot Size

1,000 shares

Min Investment

₹266,000

2 LOTS MIN

GMP

Grey Market Premium — the unofficial premium buyers are currently willing to pay over the issue price once this IPO lists. It's an informal market estimate, not guaranteed, and can move daily right up to listing day. Learn more: GMP vs Kostak vs Sauda →

+₹5.0 (3.76%)

Issue Price

₹133.0

Subject to Sauda

A separate grey-market deal made before allotment is known: a buyer agrees to pay you this amount for your IPO application — but only if you actually get allotted shares. No allotment means no payment either way. This is different from "Kostak," a similarly-named rate that's paid regardless of whether the application gets allotted — TopFund shows the Sauda rate because that's what our data source provides. Learn more: GMP vs Kostak vs Sauda →

₹3800

Paid only if allotted

Silverstorm Parks & Resorts IPO AI Summary

  • Silverstorm Parks & Resorts IPO is listed on BSE SME in the Hotels & Resorts sector.
  • Price band: ₹123.0–₹133.0 per share, lot size 1,000 shares (min. investment ₹266,000, 2 lots minimum).
  • Subscription window: 24 Jul–28 Jul 2026, listing on 31 Jul 2026.
  • Current GMP is +₹5.0 (3.76%), an estimated listing price of ₹138 — unofficial and can change daily.

Silverstorm Parks & Resorts Ltd is set to offer an IPO with a price band of ₹123.0 to ₹133.0. The company is focused on providing integrated leisure and entertainment experiences, and its financials show a strong growth trend in revenue and profitability. The IPO opens on 24th July 2026 and closes on 28th July 2026, with a minimum investment of ₹266,000.

TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.

Important Dates

IPO Open Date
Fri, 24 Jul 2026
IPO Close Date
Tue, 28 Jul 2026
Allotment Date
Wed, 29 Jul 2026
Refund Initiation
Thu, 30 Jul 2026
Credit of Shares
Thu, 30 Jul 2026
Listing Date
Fri, 31 Jul 2026
Listing Price
₹138.0 +3.76%

Subscription Status

Overall Subscription

1.91x

Subscribed
Category Subscription Status
QIB (Institutional)
1.81x
1.81x
NII (HNI)
3.19x
3.19x
↳ bNII (>₹10L)
3.72x
3.72x
↳ sNII (<₹10L)
2.12x
2.12x
Retail (RII)
1.41x
1.41x
Total 1.91x 1.91x

Auto-updated every 5 min · As of 28th Jul 2026 18:56

Silverstorm Parks & Resorts IPO Grey Market Premium (GMP) Today

GMP

+₹5.0

GMP %

+3.76%

Est. Listing

₹138.0

Updated: 31 Jul 2026 08:15

GMP Trend (Last 11 Days)

Day-wise GMP Trend 11 Days

GMP Date IPO Price GMP Est. Listing Price
(Cap Price + GMP)
Est. Profit* Last Updated
30-07-2026 ₹133.0 ₹0.0 ₹133.0 (0.0%) ₹0 30-Jul-2026 18:00
29-07-2026 ₹133.0 ₹0.0 ₹133.0 (0.0%) ₹0 29-Jul-2026 18:00
28-07-2026 ₹133.0 ₹0.0 ₹133.0 (0.0%) ₹0 28-Jul-2026 18:00
27-07-2026 ₹133.0 ₹0.0 ₹133.0 (0.0%) ₹0 27-Jul-2026 18:00
26-07-2026 ₹133.0 ₹0.0 ₹133.0 (0.0%) ₹0 26-Jul-2026 18:00
25-07-2026 ₹133.0 ₹0.0 ₹133.0 (0.0%) ₹0 25-Jul-2026 18:00
24-07-2026 ₹133.0 ₹0.0 ₹133.0 (0.0%) ₹0 24-Jul-2026 18:00
23-07-2026 ₹133.0 ₹0.0 ₹133.0 (0.0%) ₹0 23-Jul-2026 18:00
22-07-2026 ₹133.0 ₹0.0 ₹133.0 (0.0%) ₹0 22-Jul-2026 18:00
21-07-2026 ₹133.0 ₹0.0 ₹133.0 (0.0%) ₹0 21-Jul-2026 18:00
20-07-2026 ₹133.0 ₹0.0 ₹133.0 (0.0%) ₹0 20-Jul-2026 18:00

* Estimated Profit/Loss per lot. GMP × Market Lot.

IPO Live GMP

About the Company

Silverstorm Parks & Resorts Ltd operates amusement parks and resort destinations, offering integrated leisure, entertainment, and hospitality experiences designed for families, tourists, and group visitors seeking recreation and relaxation. The company provides services including theme park attractions, water rides, adventure activities, food and beverage outlets, resort accommodations, event hosting, and customized entertainment experiences for diverse age groups. Silverstorm Parks & Resorts Ltd focuses on safety, innovation, and guest satisfaction, continuously upgrading attractions, enhancing hospitality services, and creating memorable leisure destinations that support tourism growth and long-term visitor engagement. Competitive Strength: India&rsquo;s first integrated fun destination offering amusement cum water park, snow park, cable car and resort at a strategic tourist location Established track record with over two and a half decades of market presence and brand recognition Strong institutional marketing and regional sales network High safety and hygiene standards Prudent capital allocation and consistent financial performance

Company Financials (₹ Cr)

As of 2026-03-31

Period Ended 31 Mar 2026 31 Mar 2025 31 Mar 2024
Assets 214.09 151.60 112.02
Total Income 44.85 31.64 19.11
Profit After Tax 19.10 9.71 0.97
EBITDA 29.36 16.56 6.52
NET Worth 72.84 50.47 23.26
Reserves and Surplus 116.91 97.74 63.93
Total Borrowing 65.07 29.95 28.36

Key Ratios

EPS

₹11.59

NAV

₹44.20

ROE

30.98%

ROCE

25.22%

RoNW

30.98%

P/B Value

3.01

P/E Ratio

11.48

Market Cap

₹301.60 Cr

PAT Margin

42.59%

Debt/Equity

0.89

Peer Comparison

Company NAV RoNW EPS Basic EPS Diluted P/E (x)
Nicco Parks & Resorts Ltd 22.35 10.74% -0.58 -0.58 —
Imagicaaworld Entertainment Limited 22.16 0.05% 0.01 0.01 4701
Wonderla Holidays Limited 283.2 4.64% 12.89 12.83 36.65
Silver Storm Parks and Resorts Limited This IPO 44.2 30.98% 12.59 11.59 —

Promoters

Puthiyaveettil Kuvaka Kunhimon Mohamed Abdul Jaleel, Shalimar Antharathara Ibrahim

Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 1 Funding capital expenditure in relation to setting up Lucknow Snow Park and FEC 26.12 2 Funding capital expenditure in relation to the expansion and upgradation of the existing Athirappilly Theme Park, Kerala 15.14 3 Repayment and/or pre-payment, in full or part, of certain borrowings availed by the Company 24.00 4 General Corporate Purposes Total 65.25

IPO Evaluation

Generated 23 Sep 2026

Revenue Trend

Total income was ₹19.11 Cr in the year ending 31 Mar 2024, rising to ₹31.64 Cr by 31 Mar 2025, and further increasing to ₹44.85 Cr by 31 Mar 2026. This shows a consistent upward trend in revenue over the periods.

Profit Trend

Profit After Tax was ₹0.97 Cr in the year ending 31 Mar 2024, increasing to ₹9.71 Cr by 31 Mar 2025, and further rising to ₹19.10 Cr by 31 Mar 2026. This indicates a strong growth in profitability across the periods.

Valuation

At the issue price of ₹133.0, Silverstorm Parks & Resorts has an implied P/E ratio of 11.48, compared to peers like Wonderla Holidays Limited, which trades at a P/E of 36.65.

Grey Market Premium, Explained

The Grey Market Premium (GMP) indicates the premium at which an IPO is expected to list on the stock exchange compared to its issue price. A positive GMP suggests that the IPO is likely to list at a higher price, while a negative GMP indicates the opposite. Investors often look at GMP as a sentiment indicator for the demand for the IPO.

Subscription Demand

As of 28th July 2026, the IPO was subscribed 1.91 times overall. The QIB category saw a subscription of 1.81 times, while the NII category was subscribed 3.19 times. Retail investors subscribed 1.41 times.

Who This IPO Suits

Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against their overall investment strategy and risk tolerance. It's important to consider the company's growth potential and market conditions.

Who May Want to Wait

Investors with a low risk appetite or those who prefer stable, established companies may want to avoid this IPO, as investments in new or growing companies can be more volatile.

IPO Timeline, Explained

The IPO opens for subscription on 24th July 2026 and closes on 28th July 2026. Allotment of shares is expected on 29th July 2026, with the listing date set for 31st July 2026.

Listing Gains — The Risk

Listing gains refer to the potential profit an investor can make if they sell their shares on the listing day at a price higher than the issue price. However, these gains are not guaranteed and can be influenced by market conditions and investor sentiment.

This evaluation is generated from Silverstorm Parks & Resorts's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.

Frequently Asked Questions

What is Silverstorm Parks & Resorts IPO GMP today?

Silverstorm Parks & Resorts IPO GMP today is +₹5.0 (3.76%), indicating an estimated listing price of ₹138. GMP is an unofficial grey-market indicator and can change daily.

What is the price band of Silverstorm Parks & Resorts IPO?

The price band of Silverstorm Parks & Resorts IPO is ₹123.0–₹133.0 per share.

When does Silverstorm Parks & Resorts IPO open and close?

Silverstorm Parks & Resorts IPO opens on 24 July 2026 and closes on 28 July 2026.

When does Silverstorm Parks & Resorts IPO list on the stock exchange?

Silverstorm Parks & Resorts IPO listed on 31 July 2026 at ₹138.0.

What is the lot size for Silverstorm Parks & Resorts IPO?

The lot size for Silverstorm Parks & Resorts IPO is 1000 shares, requiring a minimum investment of ₹266,000 (2 lots).

What is the lot size for this IPO?

The lot size for Silverstorm Parks & Resorts IPO is 1000 shares.

What is the minimum investment required?

The minimum investment required is ₹266,000.

What is the price band for this IPO?

The price band for the IPO is ₹123.0 to ₹133.0.

When is the listing date?

The listing date for the IPO is 31st July 2026.

What does GMP mean?

GMP stands for Grey Market Premium, which indicates the expected premium at which the IPO will list compared to its issue price.

Issue Details

Issue Type SME Book Built
Issue Size ₹82.43 Cr
Price Band ₹123.0 – ₹133.0
Issue Price ₹133.0
Lot Size 1,000 shares
Min Investment ₹266,000 (2 lots minimum)
Exchange BSE SME
Sector Hotels & Resorts
Open Date 24 Jul 2026
Close Date 28 Jul 2026
Allotment 29 Jul 2026
Listing Date 31 Jul 2026

Investor Allocation

QIB (Institutional) 50%
NII / HNI 15%
Retail (RII) 35%

Registrar

MUFG Intime India Pvt.Ltd.

Lead Managers / Book Running

Vivro Financial Services Pvt.Ltd.

IPO Timeline

Open

24 Jul 2026

Close

28 Jul 2026

Allotment

29 Jul 2026

Listing

31 Jul 2026

Community Sentiment

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