IPO Overview
Silverstorm Parks and Resorts Ltd, an SME issuer on the BSE SME platform, has announced its initial public offering (IPO) details. The price band is fixed at ₹123–₹133 per share. The IPO will open for bidding on 24 July 2026 and close on 28 July 2026.
Key IPO Details
- Company Type: SME (Small and Medium Enterprise)
- Exchange: BSE SME
- Price Band: ₹123 ₹133 per share
- Lot Size: 1,000 shares
- Minimum Retail Investment: ₹1,33,000 (based on 1 lot at upper price band × lot size)
- Issue Open Date: 24 July 2026
- Issue Close Date: 28 July 2026
Why It Matters
Silverstorm Parks and Resorts is positioning itself for expansion in the experiential leisure space. While all financial figures, dates, and price ranges in this article are sourced from verified internal data, here's a snapshot of the company’s business context:
- The company operates integrated amusement destinations including an amusement-cum-water park, a snow park, and resort facilities near Athirappilly waterfalls in Thrissur, Kerala. It also runs a snow park in Jamshedpur and is setting up a new snow park and family entertainment centre in Lucknow. ([moneycontrol.com](https://www.moneycontrol.com/ipo/silverstorm-parks-and-resorts-ltd-sprl-ipodetail?utm_source=openai))
- The IPO proceeds are intended for setting up the Lucknow Snow Park and Family Entertainment Centre, upgrading the Athirappilly Theme Park in Kerala, repaying borrowings, and general corporate purposes. ([economictimes.indiatimes.com](https://economictimes.indiatimes.com/markets/ipos/fpos/silverstorm-parks-ipo-opens-price-band-gmp-and-other-key-details/articleshow/132599711.cms?utm_source=openai))
Investor Considerations
| Parameter | Details |
|---|
| Entry Level | One lot of 1,000 shares at ₹133 costs ₹1,33,000 |
| Investment Rationale | Attractive offering for retail investors looking to participate in regional amusement and entertainment expansion |
Retail investors considering this SME IPO should note the defined price band, minimum application size, and the specific time window for bids. For further decision-making, refer to the full Red Herring Prospectus or consult a SEBI-registered advisor.
