MediumNegative
Announced Fri, 24 Jul · 11:32 IST
Silverstorm Parks and Resorts IPO: GMP, subscription status, price band, other details of BSE SME IPO in 10 key points
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Silverstorm Parks and Resorts IPO opened for subscription on 24 July and will close on 28 July, with a price band of ₹123 to ₹133 per share. The BSE SME IPO is a fresh issue of nearly 62 lakh shares, and the company raised around ₹22 crore from anchor investors ahead of the issue. The offering is seeing tepid demand, with an overall subscription of about 0.12 times by mid-morning on day one and a nil grey market premium, indicating a likely flat listing. Revenue grew from ₹18.86 crore in FY24 to ₹43.58 crore in FY26, while profit rose from nearly ₹1 crore to ₹19.01 crore over the same period.