Archive · 24 Jul 2026
Silverstorm Parks and Resorts IPO Opens
Silverstorm Parks and Resorts, a theme park operator, has opened its IPO for public subscription from 24 July to 28 July.
The IPO is a fresh issue of 61,98,000 shares with a price band of ₹123 to ₹133 per share.
The company raised ₹22 crore from anchor investors.
The IPO has seen tepid interest in the grey market, with a nil grey market premium.
The proceeds will be used for capital expenditure, expanding existing parks, and general corporate purposes.
The company operates amusement parks in Kerala and Jharkhand and is setting up new parks in Lucknow.
Silverstorm Parks and Resorts IPO opened on 24 July and will close on 28 July.
The IPO is a fresh issue of 61,98,000 shares with a price band of ₹123 to ₹133 per share.
The company raised ₹22 crore from anchor investors.
The grey market premium for the IPO is nil, indicating potential listing at the issue price.
Proceeds will be used for capital expenditure, expanding existing parks, and general corporate purposes.
- Who
- Silverstorm Parks and Resorts
- What
- Initial Public Offering (IPO)
- When
- 24 July to 28 July
- Where
- BSE SME
- Why
- To fund capital expenditure, expand existing parks, and for general corporate purposes
Investor Optimism
Market Skepticism
Market Interest
Investor Optimism
Investors are optimistic about the company's growth potential and future projects.
Market Skepticism
The tepid interest in the grey market suggests skepticism about the IPO's success.
- IPO Opening Date
- 24 July
- IPO Closing Date
- 28 July
- Price Band
- ₹123 to ₹133 per share
- Issue Size
- 61,98,000 shares
- Anchor Investors
- ₹22 crore raised from 14 anchor investors
- Listing Date
- 31 July
- Grey Market Premium
- Nil
- Allotment Date
- 29 July