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News Details

( As on 21/07/2026 12:40)

Silverstorm Parks announces launch of initial public offering

Silverstorm Parks and Resorts Ltd. has announced public offering of 6198000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 123.00 per share. The gross proceeds of the issue are expected to be Rs 8,243.34 lakhs.

The company's initial public offer (IPO) will open on 24 July 2026 and is expected to close on 28 July 2026, subject to customary closing conditions. The price band of the issue has been fixed at Rs 123.00-133.00 per share.

The IPO includes a fresh Issue of 6198000 Equity Shares of the Company at an price of Rs 133.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 1000 shares with bids in multiples of 1000.

Silverstorm Parks and Resorts Ltd. anticipates using the proceeds of the issue for .

Vivro Financial Services Private Ltd. as lead manager & MUFG Intime India Pvt. Ltd. is the registrar, to the issue.