Silverstorm Parks and Resorts to raise ₹82 cr via SME IPO for park expansion and debt repayment
The amusement park operator will issue 61.98 lakh shares at ₹123-₹133 apiece, opening July 24 and listing July 31 on BSE SME, to fund Lucknow Snow Park, a new FEC, and Athirappilly Theme Park expansion.
What happened
Amusement park operator Silverstorm Parks and Resorts plans ₹82 crore SME IPO to fund Lucknow Snow Park, FEC, and Athirappilly Theme Park expansion, plus debt
Key facts
- ₹82 crore
- 61.98 lakh equity shares
- ₹123-₹133 price band
- minimum 2,000 shares
Why this matters
Watch Silverstorm's post-listing capital allocation and site execution pace as a bellwether for SME-funded regional amusement park roll-ups and potential consolidation targets in the leisure space.