S

Silverstorm Parks And Resorts Ltd.

SME
IPO Open NowCloses on 28 Jul 2026

Price Range

₹123–133

Issue Size

₹ 60 Cr

Lot Size

2000 Shares

Min. Investment

₹ 2,46,000

Time Left to Apply

00:00:00
HRSMINSSECS

Financial Summary

(in crores)
ParticularsFY 2025-26FY 2024-25
Operating Revenue4,3583,100.12
Other Income127.1163.93
Total Income4,485.113,164.05
Total Expenses1,416.981,442.49
Profit Before Tax2,659.631,385.31
Total Profit1,910.27971.07

Subscription Details

Subscription data not yet available

IPO Timeline

IPO Offer Start

24 Jul 2026• Today

IPO Offer Ends

28 Jul 2026

Listing Date

TBA

Use of Proceeds

#PurposeAmount (₹ Cr)
1Funding capital expenditure in relation to the expansion and upgradation of our151.37

Promoters

Shalimar Antharathara Ibrahim

Promoter Shareholding

Pre-IPO

70.15%

Promoter stake

Post-IPO

N/A

Promoter stake

Offered to Public

61,98,000

shares

About the Company

In addition to amusement cum water park and snow park at Athirappilly Theme Park, we also operate 8 wellappointed rooms under the brand “Silver Storm Resort”, designed to offer multi-day visitor experiences. The resort comprises with a boardroom, conference facilities, a multi-cuisine restaurant and recreation zones. The integration of in-park accommodation facilities enables us to cater staycation guests and institutional group bookings. We also generate income from our food and beverage (“F&B”) operations as well as direct merchandising operations at our Athirappilly Theme Park and Jamshedpur Snow Park. These non-ticket services are a key aspect of our park management strategies, designed to offer visitors a more memorable experience. Sales of food, beverages, and merchandise create an additional revenue stream for us beyond ticket sales. We recorded collectively footfalls of 1.78 lakhs, 5.14 lakhs, 4.24 lakhs and 4.41 lakhs during the six months period ended September 30, 2025, Fiscal 2025, 2024, and 2023, respectively. The addition of snow park and new highthrill rides has supported growth in footfalls and average ticket value. We generate revenue through ticket sales of amusement cum water park and snow park, in-park food and beverage services, merchandise sales, resort bookings, and hosting private and institutional events. Amusement cum water park and snow park operate as a separate revenue-generating unit, contributing to incremental revenues without any substantial increase in operating overheads. We are currently undertaking an expansion through the development of a total to-and-fro round trip distance of approximately 1.2 km cable car (ropeway) system at Athirappilly Theme Park, expected to be operational in fourth quarter of Fiscal 2026. This aerial attraction is proposed to operate with separate ticketing system and connect the main amusement park to a themed "forest village" under implementation.

Use of Proceeds

1. Funding capital expenditure in relation to setting up Lucknow Snow Park and FEC; 2. Funding capital expenditure in relation to the expansion and upgradation of our existing Athirappilly Theme Park, Kerala; 3. Repayment and/or prepayment, in full or part, of certain borrowings availed by our Company; and 4. General Corporate Purposes.