Rajani Associates Guides Silver Storm Parks’ Successful IPO

thelawmonitor
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Rajani Associates Guides Silver Storm Parks' Successful IPO

Silver Storm Parks and Resorts Limited has successfully launched an Initial Public Offering (IPO) of equity shares, raising a total of ₹82.43 crore. The law firm Rajani Associates played a pivotal role in advising both Silver Storm and the book running lead manager, Vivro Financial Services Private Limited, throughout this process.

The comprehensive legal services provided by Rajani Associates included conducting thorough legal and secretarial diligence. The firm also took charge of drafting, reviewing, and finalizing critical documents such as the Draft Red Herring Prospectus, the Red Herring Prospectus, and the final Prospectus. Additionally, they prepared and finalized responses to queries from the Bombay Stock Exchange (BSE), along with all necessary agreements and ancillary documents.

Key Team Members

The transaction team from Rajani Associates was led by Senior Partner Sangeeta Lakhi, supported by Associates Sommya Khandelwal, Shubh Poddar, Addvit Shrivastava, and Rishi Sharma. Their collective expertise ensured the smooth execution of the IPO process.

About Silver Storm Parks and Resorts

Silver Storm Parks and Resorts is a renowned amusement and water theme park situated near the picturesque Athirapilly waterfalls in Kerala, India. The proceeds from the IPO are earmarked for the development of a new Snow Park in Lucknow and the expansion and enhancement of the existing Athirappilly Theme Park.

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