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The Economic Times

Silver Storm Parks & Resorts Limited successfully concludes IPO

silver IPO Lucknow Snow Park

Silver Storm Parks & Resorts Limited, one of India's leading tourism and theme park chains, has successfully concluded its Initial Public Offering (IPO), raising ₹82.43 crore.

The Qualified Institutional Buyers (QIB) category was subscribed 1.81 times, attracting applications worth ₹31.02 crore. The Retail Individual Investors (RII) category was subscribed 1.41 times, receiving applications worth ₹38.73 crore, while the Non-Institutional Investors (NII) category witnessed a subscription of 3.19 times, garnering applications worth ₹37.64 crore. The company also raised ₹21.97 crore from Anchor Investors and ₹4.14 crore from the Market Maker.

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