Silverstorm Parks & Resorts Ltd is aiming to raise ₹82.43 crore through its IPO, which opens for bidding today, Jul 24, 2026. The public issue will remain open for subscription until Jul 28, 2026.
Silverstorm Parks & Resorts IPO Detailed Insights
- IPO Type: SME IPO
- Issue Size: ₹82.43 crore
- Fresh Issue: 61,98,000 equity shares worth ₹82.43 crore
- Price Band : ₹123 to ₹133 per share
Issue Allocation
Out of 61,98,000 total shares offered, 3,11,000 shares are reserved for market maker 20,62,000 shares are allocated to Retail Individual Investors (RIIs), 8,88,000 shares to Non-Institutional Investors (NIIs) and 29,37,000 shares to Qualified Institutional Buyers (QIBs).
Issue Price and Lot Size
The book-built issue is priced in the range of ₹123 to ₹133 per share The minimum lot size for an application is 1,000 shares.
Investors applying under the Retail Individual Investor (RII) category are required to make a minimum investment of ₹2,66,000 while Non-Institutional Investors (NIIs) must invest atleast ₹3,99,000.
IPO Fund Utilization
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 Management and Listing
The IPO is managed by Vivro Financial Services Pvt.Ltd., as the Book Running Lead Manager while MUFG Intime India Pvt.Ltd. has been appointed as the official Registrar for the issue.
