Silverstorm Parks & Resorts Ltd. IPO Review 2026: Listing Dates, Allotment, GMP & Overview

21 Jul 2026
Upcomming IPOs
Silverstorm Parks & Resorts Ltd. IPO Review 2026: Listing Dates, Allotment, GMP & Overview

Silverstorm Parks & Resorts IPO is a BSE SME book-built IPO worth ₹82.43 crore. The issue is entirely a fresh issue of 61.98 lakh shares. The IPO opens on 24 July 2026 and closes on 28 July 2026. The price band is ₹123 to ₹133 per share, the lot size is 1,000 shares, and the minimum retail investment is ₹2,66,000 (2 lots). The shares are proposed to list on BSE SME on 31 July 2026.

Silverstorm Parks & Resorts IPO Details

ParticularsDetails
IPO Opening Date24 July 2026
IPO Closing Date28 July 2026
Issue Size₹82.43 Crore
Issue TypeBook Built IPO (SME)
Fresh Issue61,98,000 Equity Shares (₹82.43 Crore)
Offer for SaleNil
Price Band₹123 - ₹133 per share
Face Value₹10 per share
Lot Size1,000 Shares
Minimum Retail Application2,000 Shares (₹2,66,000)
Listing ExchangeBSE SME
Lead ManagerVivro Financial Services Pvt. Ltd.
RegistrarMUFG Intime India Pvt. Ltd.
Market MakerRikhav Securities Ltd.

Silverstorm Parks & Resorts IPO Timeline

EventDate
IPO Opens24 July 2026
IPO Closes28 July 2026
Basis of Allotment29 July 2026
Refund Initiation30 July 2026
Credit of Shares30 July 2026
Listing Date31 July 2026

Refer to RHP for detailed information.

About Silverstorm Parks & Resorts Limited

Incorporated in October 1998, Silverstorm Parks and Resorts Limited is an integrated amusement and tourism company operating amusement parks, water parks, indoor snow parks, resorts, restaurants, and event facilities in India.

Its flagship destination, Silver Storm Theme Park, Athirappilly (Kerala), spans approximately 17.38 acres and includes an amusement park, water park, Kerala’s first indoor snow park, multiple restaurants, and the Silver Storm Resort.

The company also operates a snow park in Jamshedpur, Jharkhand, and is developing a new snow park and family entertainment centre in Lucknow, Uttar Pradesh.

Revenue is generated through ticket sales, food & beverage services, merchandise, resort bookings, private events, and corporate events. The company is also developing a 1.2 km aerial cable car project at Athirappilly, expected to become the region’s first amusement park cable car attraction.

As of 31 March 2026, the company employed 375 permanent personnel across operations, hospitality, marketing, administration, and support functions.

Business Segments & Revenue Streams

  • Amusement park ticketing
  • Water park ticketing
  • Indoor snow park ticketing
  • Resort room bookings
  • Food & beverage services
  • Merchandise sales
  • Corporate events and MICE bookings
  • Private celebrations and destination events

Key Expansion Projects

  • Lucknow Snow Park & Family Entertainment Centre (under development).
  • Athirappilly 1.2 km Aerial Cable Car Project (proposed first amusement park cable car in the region).
  • Addition of new amusement rides and water attractions at the flagship park.

Competitive Strengths

  • Integrated entertainment destination with amusement, water, snow park, resort, and upcoming cable car attractions.
  • Established brand with more than 25 years of operating experience.
  • Diversified revenue streams across ticketing, hospitality, F&B, merchandise, and events.
  • Strong institutional marketing network and relationships with schools, corporates, and tour operators.
  • Focus on safety standards, operational excellence, and continuous attraction upgrades.

IPO Allotment & Application Status

Registrar: MUFG Intime India Pvt.Ltd.

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Frequently Asked Question (FAQ's):

When will Silverstorm Parks & Resorts IPO open and close?

Silverstorm Parks & Resorts IPO opens on 24 July 2026 and closes on 28 July 2026.

What is the price band of Silverstorm Parks & Resorts IPO?

The IPO price band is ₹123 to ₹133 per equity share.

What is the minimum investment required for retail investors?

Retail investors must apply for 2 lots (2,000 shares), requiring a minimum investment of ₹2,66,000 at the upper price band.

Is Silverstorm Parks & Resorts IPO a fresh issue or OFS?

The IPO is entirely a fresh issue of 61,98,000 equity shares aggregating to ₹82.43 crore.

On which exchange will the shares list?

The shares are proposed to be listed on the BSE SME platform.

What businesses does Silverstorm Parks & Resorts operate?

The company operates amusement parks, water parks, indoor snow parks, resorts, restaurants, and event facilities.

What is the company’s flagship property?

The flagship property is Silver Storm Theme Park at Athirappilly, Kerala, spread across approximately 17.38 acres.

What are the company’s major expansion projects?

Key expansion projects include the Lucknow Snow Park & Family Entertainment Centre and the 1.2 km Athirappilly Aerial Cable Car Project.

Who is the registrar for the IPO?

MUFG Intime India Pvt. Ltd. is the registrar to the issue.

Who is the book running lead manager?

Vivro Financial Services Pvt. Ltd. is the book running lead manager.

Investor Education Hub: Everything You Need to Know About IPOs

Disclaimer: - Investments in IPOs are subject to market risks. Investors should read the Red Herring Prospectus carefully and consult their financial advisor before investing. https://www.mnclgroup.com/research-disclaimer

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Name of the Company has changed from Networth Stock Broking Limited to Monarch Networth Capital Limited upon Certification of Incorporation received from Registrar of Companies, Mumbai vide certificate dated 13th October, 2015.

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    Monarch Networth Capital Limited (‘MNCL’) | CIN No.: L64990GJ1993PLC120014

    Registered Address

    Unit No. 803-804A, 8th Floor, X-Change Plaza, Block No. 53, Zone 5, Road-5E, Gift City, Gandhinagar - 382050, Gujarat

    Corporate Address

    Ahmedabad

    “Monarch House”, Opp Prahladbhai Patel garden, Near Ishwar Bhuvan, Commerce Six Roads, Navrangpura, Ahmedabad - 380009

    Mumbai

    Monarch Networth Capital Limited, G Block, Laxmi Tower, B Wing, 4th Floor, Bandra Kurla Complex, Bandra East, Mumbai - 400051.

    Contact Details

    Tel:079-26666500 / 6600500
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    Registered Numbers

    SEBI Registration No:INZ000008037
    NSE Member ID:06386
    BSE: Member ID :197
    MCX: Member ID :10585
    Date of Admission:28/02/2004
    NCDEX: Member ID :00011
    Date of Admission:06/12/2003
    CDSL-DP ID:35000
    NSDL-DP ID:IN303052
    SEBI Reg (DP):IN-DP-278-2016
  • Complete name of entity registered with SEBI as Portfolio Manager:Monarch Networth Capital Limited
    Type of Registration (Individual, Non-Individual):Non-Individual
    PMS Registration No.:INP000006059
    Corporate Identification No.:L64990GJ1993PLC120014
    Principal Place of Business:301-302, 3rd Floor, Arunachal Building, Barakhamba Road, New Delhi - 110001
    Registered Office Address:Unit No. 803-804A, 8th Floor, X-Change Plaza, Block No. 53, Zone 5, Road-5E, Gift City, Gandhinagar, Gujarat, India, 382050
    Corresponding SEBI regional/local office Address:8th floor, Plate B, Tower 1, NBCC Complex, East Kidwai Nagar, New Delhi – 110023

    Contact Details

    Principal Officer:Md Shaukat Ali
    Contact No.:011-40851303
    Compliance Officer:Ms. Bhumika Gowda
    Contact No.:011-40851312

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    Contacts for Investor Grievance

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  • Fund Name:Monarch AIF
    Category of AIF :Category III
    AIF Registration number :IN/AIF3/20-21/0787
    Registration Date :April 23, 2020
    Registered Office Address :Laxmi Tower, B Wing, 4th Floor, G Block, Bandra Kurla Complex, Bandra East, Mumbai 400051

    Contact Details

    Fund Manager:Mr. Abhisar Jain
    Phone :+91 22 66746425
    Compliance Officer:Ms. Bhumika Gowda
    Phone :+91 22 66746424

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    Monarch Networth Capital IFSC Private Limited (Wholly owned subsidiary of Monarch Networth Capital Limited) is a Registered Fund Management Entity (Retail) having Registration No: IFSCA/FME/III/2025-26/169. Monarch India Growth Fund will be an open-ended Restricted Scheme (Non-Retail) construed as a Category III AIF under the IFSCA (Fund Management) Regulations, 2025. Monarch AIF is a Category III AIF having SEBI Registration No. IN/AIF3/20-21/0787. This material is for informational purposes only and is not intended as an offer or solicitation or investment advice to buy or sell securities. Investments are subject to market risks. The offering is made only through official scheme documents to eligible investors under GIFT IFSC regulations. Investors should read all documents carefully and consult their advisors before investing.

  • Complete name of entity registered with SEBI as Merchant Banker:Monarch Networth Capital Limited
    Type of Registration (Individual, Non-Individual):Non-Individual
    MB Registration No.:INM000011013
    Corporate Identification Number:L64990GJ1993PLC120014
    Principal Place of Business:4th FLoor, B Wing, Laxmi Tower, Bandra Kurla Complex, Bandra East, Mumbai-400051
    Registered office address:Unit No. 803-804A, 8th Floor, X-Change Plaza, Block No. 53, Zone 5, Road-5E, Gift City, Gandhinagar, Gujarat, India, 382050

    Contact Details

    Compliance Officer:Mr.Jayesh Bhagwat
    Contact No.:(022) 66476400
    Email for Regulatory Communication:mbdcompliance@mnclgroup.com

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    Contacts for Investor Grievance

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  • Complete name of entity registered with SEBI as Research Analysts :Monarch Networth Capital Limited
    Type of Registration (Individual, Non-Individual):Non-Individual
    RA Registration No.:INH000000644
    BSE Enlistment No.:5039
    Corporate Identification Number: L64990GJ1993PLC120014

    Contact Details

    Registered office address: Unit No. 803-804A, 8th Floor, X-Change Plaza, Block No. 53, Zone 5, Road-5E, Gift City, Gandhinagar, Gujarat, India, 382050
    Principal Place of Business: 4th FLoor, B Wing, Laxmi Tower, Bandra Kurla Complex, Bandra East, Mumbai-400051
    Principal Officer: Sahil Sanghvi
    Compliance Officer: Nikhil Parikh
    Telephone no.: +91-79-26666768
    Contacts for Investor Grievance: ragrievance@mnclgroup.com
  • Complete name of entity registered with SEBI as Investment Adviser : Monarch Networth Investment Advisors Private Limited
    Type of Registration (Individual, Non-Individual) :Non-Individual
    IA Registration No.: INA000005721
    BSE Enlistment No.:2005
    Validity of registration : Perpetual
    Corporate Identification Number : U74140GJ2007PTC052348
    Registered office address : Monarch House, Nr. Ishwar Bhuwan Cross Road, Nr. Commerce Six Road, Navrangpura, AHMEDABAD, GUJARAT, 380009
    Corresponding SEBI Office address: SEBI Bhavan, Western Regional Office, Panchvati 1st Lane, Gulbai Tekra Road, Ahmedabad - 380006, Gujarat

    Contact Details

    Principal Officer : Arpan Dhirendra Shah
    Email address : Arpan.shah@mnclgroup.com
    Compliance Officer : Ankita Sudhir Madhwani
    Telephone no. : +91 22-66476405
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    Escalation Matrix

    Monarch Networth Capital Limited

    Registered Address

    Unit No. 803-804A, 8th Floor, X-Change Plaza, Block No. 53, Zone 5, Road-5E, Gift City, Gandhinagar - 382050, Gujarat

    Corporate Address

    Ahmedabad

    “Monarch House”, Opp Prahladbhai Patel garden, Near Ishwar Bhuvan, Commerce Six Roads, Navrangpura, Ahmedabad – 380009

    Mumbai

    Monarch Networth Capital Limited, G Block, Laxmi Tower, B Wing, 4th Floor, Bandra Kurla Complex, Bandra East, Mumbai - 400051.

    Contact Details

    “Filing of complaints on SCORES – Easy & quick
    (Link is given in our useful link option on our website)

    • A. Register on SCORES portal
    • B. Mandatory details for filing complaints on SCORES:
      • I. Name, PAN, Address, Mobile Number, Email ID
    • C. Benefits
      • I. Effective communication
      • II. Speedy redressal of the grievances

    Email for Grievance: cs@mnclgroup.com

    Company Secretary & Compliance Officer

    (As per LODR Regulations and Companies Act, 2013)

    Contact information of the designated officials of the listed entity who are responsible for assisting and handling investor grievances :
    Mr. Nitesh Tanwar : 022 - 66476400 / 66476405

    Listing of Equity Shares on Stock Exchange at

    BSE

    Add :Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400 001
    Scrip Id :Monarch Scrip Code : 511551

    NSE

    Add :Exchange Plaza, C-1, Block G, Bandra Kurla Complex, Bandra (E) Mumbai – 400 051.
    Scrip Id :Monarch Scrip Code : MONARCH

    Demat ISIN Numbers in NSDL & CDSL for

    Equity Shares:INE903D01011

    REGISTRAR AND SHARE TRANSFER AGENT

    MUFG Intime India Private Limited

    (Formerly known as Link Intime India Private Limited)

    Add:C 101, 247 Park, L.B.S. Marg, Vikhroli (West), Mumbai - 400083
    Tel:(0) 810 811 6767
    Toll-free number:1800 1020 878
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