Silver Storm Parks & Resorts Restricted efficiently concludes IPO
The Certified Institutional Consumers (QIB) class was subscribed 1.81 occasions, attracting purposes price ₹31.02 crore. The Retail Particular person Buyers (RII) class was subscribed 1.41 occasions, receiving purposes price ₹38.73 crore, whereas the Non-Institutional Buyers (NII) class witnessed a subscription of three.19 occasions, garnering purposes price ₹37.64 crore. The corporate additionally raised ₹21.97 crore from Anchor Buyers and ₹4.14 crore from the Market Maker.
Vivro Monetary Companies Personal Restricted acted because the Guide Operating Lead Supervisor to the problem, whereas MUFG Intime India Personal Restricted served because the Registrar to the Concern.
Silver Storm Parks & Resorts Restricted is a number one tourism enterprise working theme parks and resorts beneath the ‘Silver Storm’ and ‘Snow Storm’ manufacturers in Athirappilly, Kerala, and Jamshedpur, Jharkhand. Situated close to the enduring Athirappilly Waterfalls, the Athirappilly vacation spot has emerged as a most popular getaway for home vacationers, instructional establishments, company teams, and households.
Increasing its portfolio of sights, the corporate is ready to launch a Cable Automobile and Forest Village expertise at its Athirappilly vacation spot this Onam season, complementing its current amusement park, water park, indoor snow park, resort, and eating services. This can make it the primary vacation spot in India to supply such a complete vary of leisure experiences inside a single tourism vacation spot.
In October 2025, the corporate inaugurated its Indoor Snow Park in Jamshedpur. It additionally plans to determine a brand new Snow Park and Leisure Centre at Omaxe Hazratganj Mall, Lucknow.
“Over the previous two-and-a-half many years, Silver Storm at Athirappilly has advanced into certainly one of Kerala’s premier tourism locations. We’ve additionally efficiently expanded our presence to Jamshedpur, and we proceed to pursue our development plans with new sights and locations,” mentioned A.I. Shalimar, Managing Director of Silver Storm Parks & Resorts Restricted.
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