BSE List Price : ₹

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Category	Times
QIBs	0.00x
HNIs	0.55x
Retail	0.50x
Total : 0.36x

IPO Market Lot(s) Distribution

Application	Lot Size	Shares	Amount
Retail Minimum	2	2,000	₹266,000
Retail Maximum	2	2,000	₹266,000
S-HNI Minimum	3	3,000	₹399,000
S-HNI Maximum	7	7,000	₹931,000
B-HNI Minimum	8	8,000	₹1,064,000

About the Company

Established in 1998, Silverstorm Parks and Resorts Limited was initially incorporated as Silverstorm Amusement Parks Private Limited in Kerala. In 2025, the company was renamed Silverstorm Parks and Resorts Private Limited before being converted into a public limited company under its present name.

The company owns and operates Silver Storm Water Theme Park, a well-known recreational destination situated near the Athirappilly Waterfalls in Kerala. Since commencing operations in August 2000, the park has featured a diverse range of attractions, including adventure rides, family-friendly rides, children's entertainment, and water-based activities, appealing to visitors across all age groups.

Further strengthening its entertainment portfolio, the company introduced Snow Storm in 2017, Kerala's first indoor snow park maintained at a temperature of -10°C, offering guests a distinctive snow-themed recreational experience.

In addition to its amusement offerings, the company manages Silver Storm Resorts, which provides accommodation facilities within the park premises, along with an in-house restaurant serving a wide selection of cuisines. Through its combination of amusement attractions, indoor snow experiences, hospitality, and dining services, the company delivers a comprehensive leisure and tourism destination for both local residents and tourists.

Company Financial Report

_{Amount ₹ in Crores}

Period Ended	Revenue	Expense	PAT	Assets
2024	₹19.11	₹16.75	₹0.97	₹112.02
2025	₹31.64	₹18.10	₹9.71	₹151.60
2026	₹44.85	₹18.25	₹19.10	₹214.09

Company Promoter

Puthiyaveettil Kuvaka Kunhimon Mohamed Abdul Jaleel

Shalimar Antharathara Ibrahim

Know before investing

• • Strengths

  Well-Established Brand with Long Operating History: The company has built a strong reputation through more than 25 years of operations under the Silver Storm brand, complemented by resort facilities that improve customer experience and encourage repeat visits.

  Robust Regional Sales & Marketing Presence: Supported by an experienced in-house sales and marketing team with extensive reach across Kerala and major cities in Tamil Nadu, enabling steady growth in visitor footfall.

• • Risks

  Seasonality Risk in Visitor Traffic: The company's visitor inflow is influenced by seasonal factors such as school holidays, festivals, weekends, and weather conditions. Any decline in footfall during these periods could negatively affect revenue generation and profitability.

  Dependence on Consumer Discretionary Spending: Business performance is closely tied to consumer spending patterns and visitor preferences. A slowdown in discretionary spending or a reduction in visitor numbers could have an adverse impact on the company's revenue and overall financial performance.

Objects of the Issue & Utilisation of proceeds

Funding capital expenditure in relation to setting up Lucknow Snow Park and FEC

Funding capital expenditure in relation to the expansion and upgradation of the existing Athirappilly Theme Park, Kerala

Repayment and/or pre-payment, in full or part, of certain borrowings availed by the Company

General Corporate Purpose

Company  Address

Silverstorm Parks & Resorts Ltd.
Door No 1/77A
Vettilapara P O,
Chalakudy
Thrissur, Kerala, 680721
Phone: 9188905079
Email: info@silverstorm.in
Website: https://silverstorm.in/

IPO Registrar

MUFG Intime India Pvt. Ltd.
Phone: 022-49186000
Email: silverstormparks.smeipo@in.mpms.mufg.com
Website: https://in.mpms.mufg.com/Initial_Offer/public-issues.html

IPO Review

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