Comparison between Recode Studios IPO and Silverstorm Parks & Resorts IPO.
Recode Studios IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Silverstorm Parks & Resorts IPO is a SME Bookbuilding proposed to list at BSE SME.
| Recode Studios IPO | Silverstorm Parks & Resorts IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Seren Capital Pvt.Ltd. | Vivro Financial Services Pvt.Ltd. |
| Registrar | Mudra RTA Ventures Private Limited | MUFG Intime India Pvt.Ltd. |
| Market Maker | Asnani Stock Broker Pvt.Ltd. | Rikhav Securities Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL |
The total issue size of Recode Studios IPO is up to ₹42.31 Cr whereas the issue size of the Silverstorm Parks & Resorts IPO is up to ₹78.30 Cr. The final issue price of Recode Studios IPO is ₹158.00 per share and of Silverstorm Parks & Resorts IPO is .
| Recode Studios IPO | Silverstorm Parks & Resorts IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹150.00 per share | ₹123.00 per share |
| Issue Price (Upper) | ₹158.00 per share | ₹133.00 per share |
| Issue Price (Final) | ₹158.00 per share | |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 800 shares | 1000 shares |
| Fresh Issue Size | 23,58,400 shares | 58,87,000 shares |
| Fresh Issue Size (Amount) | up to ₹37.26 Cr | up to ₹78.30 Cr |
| OFS Issue Size | 3,19,200 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹5.04 Cr | up to ₹0.00 Cr |
| Issue Size Total | 26,77,600 shares | 58,87,000 shares |
| Issue Size Total (Amount) | up to ₹42.31 Cr | up to ₹78.30 Cr |
Recode Studios IPO opens on May 05, 2026, while Silverstorm Parks & Resorts IPO opens on Jul 24, 2026. The closing date of Recode Studios IPO and Silverstorm Parks & Resorts IPO is May 07, 2026, and Jul 28, 2026, respectively.
| Recode Studios IPO | Silverstorm Parks & Resorts IPO | |
|---|---|---|
| Anchor Bid Date | May 04, 2026 | Jul 23, 2026 |
| Issue Open | May 05, 2026 | Jul 24, 2026 |
| Issue Close | May 07, 2026 | Jul 28, 2026 |
| Basis Of Allotment (Tentative) | May 08, 2026 | Jul 29, 2026 |
| Initiation of Refunds (Tentative) | May 11, 2026 | Jul 30, 2026 |
| Credit of Share (Tentative) | May 11, 2026 | Jul 30, 2026 |
| Listing date (Tentative) | May 12, 2026 | Jul 31, 2026 |
| Anchor Lockin End date 1 | Jun 07, 2026 | Aug 28, 2026 |
| Anchor Lockin End date 2 | Aug 06, 2026 | Oct 27, 2026 |
Recode Studios IPO P/E ratio is 38.94, as compared to Silverstorm Parks & Resorts IPO P/E ratio of 11.47.
| Recode Studios IPO | Silverstorm Parks & Resorts IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Consolidated)Silverstorm Parks & Resorts Ltd.'s revenue increased by 42% and profit after tax (PAT) rose by 97% between the financial year ending with March 31, 2026 and March 31, 2025.
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 88.93 | 70.15 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 65.01 | 50.98 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 38.94 | 11.47 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹168.18 Cr. | ₹301.60 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 46.37 | 30.98 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 34.47 | 25.22 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.86 | 0.89 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹4.06 | ₹11.59 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 37.64 | 30.98 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Recode Studios IPO Retail Individual Investors (RII) are offered 9,37,600 shares while in Silverstorm Parks & Resorts IPO retail investors are offered 9,37,600 shares. Qualified Institutional Buyers (QIB) are offered 5,35,200 shares in Recode Studios IPO and 0 shares in Silverstorm Parks & Resorts IPO.
| Recode Studios IPO | Silverstorm Parks & Resorts IPO | |
|---|---|---|
| Anchor Investor Reservation | 8,01,600 shares | 0 shares |
| Market Maker Reservation | 1,44,800 shares | 3,11,000 shares |
| QIB | 5,35,200 shares | 0 shares |
| NII | 4,03,200 shares | 0 shares |
| RII | 9,37,600 shares | 0 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 26,77,600 shares | 0 shares |
Recode Studios IPO subscribed 164.39x in total, whereas Silverstorm Parks & Resorts IPO subscribed .
| Recode Studios IPO | Silverstorm Parks & Resorts IPO | |
|---|---|---|
| QIB (times) | 137.99x | |
| NII (times) | 404.76x | |
| Big NII (times) | 485.52x | |
| Small NII (times) | 243.23x | |
| RII (times) | 216.65x | |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 164.39x |
