Silverstorm Parks IPO GMP & Allotment
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.
- IPO Price Band
- ₹123.00 - ₹133.00
- Lot Size
- 1,000 Shares
- Bidding Closes
- 28 Jul 2026
- Listing Date
- 31 Jul 2026
Silverstorm Parks IPO GMP Today & Key Takeaways
Silverstorm Parks IPO officially listed on 31 Jul 2026 at Rs 94.00, delivering a -29.32% listing gain compared to its issue price of Rs 133.00. Pre-listing, its final recorded Grey Market Premium (GMP) was ₹0.
Silverstorm Parks IPO officially listed on 31 Jul 2026 at ₹94.00, delivering a -29.32% listing gain compared to its issue price of ₹133.00. Pre-listing, its final recorded Grey Market Premium (GMP) was ₹0.
| Key Metric | Figure | Status / Context |
|---|---|---|
| Current GMP | ₹0 | +0% vs upper band (27 Jul 2026) |
| Est. Listing Price | ₹94.00 | -29.32% Est. Listing Gain |
| Price Band | ₹123.00 - ₹133.00 | SME IPO |
| Retail Minimum Investment | ₹2,66,000 | 2 Lot (1,000 Shares) |
| Bidding Window | 24 Jul 2026 – 28 Jul 2026 | Listed |
| Allotment & Listing Dates | Allotment: 29 Jul 2026 | Listing: 31 Jul 2026 |
Complete IPO information
| IPO Open Date | 24 Jul 2026 |
|---|---|
| IPO Close Date | 28 Jul 2026 |
| IPO Price Band | ₹123.00 - ₹133.00 |
| Lot Size | 1,000 Shares |
| Current GMP | ₹0 |
| Estimated Listing Gain | -29.32% |
| Issue Size | Approx ₹82.43 Cr |
| Fresh Issue | - |
| Issue Type | SME |
| IPO Listing | NSE, BSE |
| Retail Quota | TBA |
| Registrar | TBA |
| Overall Subscription | 1.84x |
| Minimum Investment | ₹2,66,000 |
| DRHP Draft Prospectus | - |
| RHP Draft Prospectus | - |
IPO Snapshot & Investor Takeaways
At the upper end of its price band, Silverstorm Parks is priced at ₹133 per share. With a minimum lot size of 1,000 shares, a retail investor applying for one lot would need approximately ₹2,66,000 to participate in this SME issue.
The latest recorded Grey Market Premium for Silverstorm Parks stands at ₹0, implying an estimated listing gain of around 0.00% over the issue price if it holds until listing. GMP reflects informal grey-market sentiment rather than a guaranteed outcome, and can change at any point until the day of listing.
As of the latest update, Silverstorm Parks's IPO was subscribed 1.84x overall, with a category-wise breakdown of Retail 1.41x, QIB 1.81x.
Among the strengths highlighted in Silverstorm Parks's IPO documents: 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..
Investors should also weigh the risk factors Silverstorm Parks has disclosed, including: SPRL historically derives almost all of its operational revenue from a single property, the Athirappilly Theme Park..
A share of Silverstorm Parks's issue proceeds is earmarked for Repayment Of Borrowings: 24 (29.12%).
SME IPOs list on the dedicated SME platform of BSE/NSE. They usually involve smaller issue sizes and a higher per-lot investment than Mainboard issues, with comparatively lower institutional participation.
IPO roadmap at a glance
| Event / Milestone | Scheduled Date | Status |
|---|---|---|
| Bidding Opens | 24 Jul 2026 | Completed |
| Bidding Closes | 28 Jul 2026 | Completed |
| Allotment | 29 Jul 2026 | Completed |
| Listing | 31 Jul 2026 | Completed |
Daily GMP status
Trend chart builds up as more daily GMP snapshots are recorded.
| Date | GMP | Change | Gain |
|---|---|---|---|
| 27 Jul 2026 | ₹0.00 | - | 0.00% |
Application size breakdown
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 Lot | 2,000 | ₹2,66,000 |
| Retail Maximum | 2 Lot | 2,000 | ₹2,66,000 |
| S-HNI Minimum | 3 Lot | 3,000 | ₹3,99,000 |
| S-HNI Maximum | 7 Lot | 7,000 | ₹9,31,000 |
| B-HNI Minimum | 8 Lot | 8,000 | ₹10,64,000 |
Objects of the Issue & Official Documents
- Repayment Of Borrowings 24 (29.12%)
- General Corporate Purpose 17.17 (20.82%)
Important takeaways before applying
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.
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 & Resorts IPO Reservation
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% |
Silverstorm Parks & Resorts 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 |
Silverstorm Parks IPO 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 Silverstorm Parks IPO is tentative and subject to change.
Silverstorm Parks & Resorts IPO Promoters and Holding 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% |
Silverstorm Parks Objects of the Issue & Utilisation of Proceeds
To Be Updated Soon
Silverstorm Parks & Resorts - About IPO
To be updated soon
Silverstorm Parks Company Financials
To Be Updated Soon
Silverstorm Parks Company Valuation – FY2026
To Be Updated Soon
Silverstorm Parks IPO Peer Group Comparison
To Be Updated Soon
IPO Lead Managers aka Merchant Bankers
- Vivro Financial Services Pvt. Ltd.
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Silverstorm Parks IPO FAQs
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