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Market capitalisation is the post-issue share count in the offer document’s capital structure (2,26,76,736 shares) multiplied by the upper end of the price band, ₹133. It is arithmetic on those two filed figures, not a valuation.
| ₹ crore | 2024 | 2025 | 2026 |
|---|---|---|---|
| Revenue | ₹19.11 | ₹31.64 | ₹44.85 |
| Expenses | ₹16.75 | ₹18.1 | ₹18.25 |
| Net profit (PAT) | ₹0.97 | ₹9.71 | ₹19.1 |
| PAT margin | 5.1% | 30.7% | 42.6% |
| Total assets | ₹112.02 | ₹151.6 | ₹214.09 |
The pre-issue register for this issue isn’t available yet.
The founding owners and their group entities.
The post-issue ring is the register this issue’s RHP discloses. Pre-issue percentages are taken from the disclosure, never estimated.
| Application | Shares | Amount at ₹133 |
|---|---|---|
| Individual investor (min)minimum application | 2,000 | ₹2,66,000 |
The minimum application is 2,000 shares, ₹2,66,000 at the ₹133 cut-off. Since 1 July 2025 SME issues take a minimum application of ₹2,00,000 or more from individual investors; the HNI minimum is set in the RHP. Amounts are shown at the upper band because applications are made at the cut-off price.
The draft red herring prospectus is filed with SEBI before the issue; the red herring prospectus adds the price band and dates just before bidding opens. Both describe the business, the restated financials, the risk factors and how the proceeds will be used.
Allotment is decided and published by the issue’s registrar, not by the exchange and not by alphave. For Silverstorm Parks, the registrar is MUFG Intime India Private Limited — allotment is finalised in the days between the issue closing on 28 Jul 2026 and listing on 31 Jul 2026.
Allotment and refund dates follow SEBI’s T+3 listing timeline in trading days and are tentative until the registrar and the exchange confirm them. alphave does not hold allotment results — only the registrar can show whether an application was allotted.
The registrar publishes allotment on its own portal: MUFG Intime. Your bank will also show the blocked amount released if shares were not allotted.
The offer document for the Silverstorm Parks IPO is linked on this page as filed with the exchange; SEBI and the lead managers also host it.
The Draft Red Herring Prospectus is the document a company files with SEBI before an IPO. It describes the business, the financials, the risk factors, the promoters and how the money raised will be used. The Red Herring Prospectus (RHP) is the version filed just before the issue opens, with the price band and dates added.
The company is positioned to be the first fully integrated amusement destination in India, combining a water park, snow park, ropeway cable car, and resort. The company's Athirappilly Theme Park is strategically located near the Athirappilly waterfalls, a prominent tourist destination in Kerala. The company operates a snow park under the brand name “Snow Storm” which is a standalone attraction with independent ticketing. The page lists all 6 as disclosed.
The company has not entered into annual maintenance contracts for most of its machinery, building, and other equipment, except for the Diesel Generator set. The company's business is subject to seasonal and cyclical variations in footfalls, which may be affected by weather conditions, school vacations, public holidays, and weekends. The company's operations entail certain fixed and recurring expenses, and an inability to manage these expenses may have an adverse effect on its business. The page lists all 7 disclosed risk factors.
The registrar processes the allotment and the refunds. Contact details are as printed in the offer document; the exchange and your broker cannot change an allotment.
Grey Market Premium is the price at which an unlisted IPO application or share changes hands informally, before the stock is listed on the exchange. It is quoted as a rupee figure over the issue price: a premium of ₹0 on a ₹133 upper band means the grey market is dealing at ₹133.
The grey market is an over-the-counter market between private dealers. It is not operated or supervised by NSE, BSE or SEBI, no trade is settled through a clearing corporation, and no dealer is obliged to publish or honour a quote. Figures are collected by third-party reporters and different sources routinely disagree, which is why a premium can move sharply within a day or vanish entirely once bidding closes.
Grey Market Premium is an unofficial, unregulated over-the-counter datapoint reported by third parties. It is not a price, a forecast, or an indication of listing gains, and is not investment advice.