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Silverstorm Technologies

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Registrar: Link Intime · Listing 2026-08-01
IPO Timeline
Today · 04 Sept 2026
Opens
23 Jul 2026
Closes
27 Jul 2026
Allotment
29 Jul 2026
Refund
30 Jul 2026
Demat
31 Jul 2026
Listing
01 Aug 2026
Price Band
₹285–300
GMP
₹78
26%
Lot Size
50 sh
Min ₹15,000
Subscription
12.4x
Issue Size
₹425 Cr
Open
2026-07-23
Close
2026-07-27
Listing
2026-08-01

About the company

Silverstorm Technologies is a leading provider of enterprise cloud infrastructure and cybersecurity services in India, serving BFSI, healthcare, and government clients since 2011.

GMP trend (Grey Market Premium by date)

Today78 (26%)
High84
Low46
Est. Listing378
DateGMP (₹)Est. ListingChange
28 Jul78378-2
27 Jul80380-3
26 Jul83383+4
25 Jul79379+2
24 Jul77377-2
23 Jul79379-5
22 Jul84384+4
21 Jul803800

Strengths

  • 28% CAGR revenue growth over 3 years
  • Marquee client base with high retention
  • Debt-free balance sheet
  • Strong order book of ₹1,200 Cr

Risks

  • Customer concentration — top 5 clients contribute 42% revenue
  • Rising competition from global cloud providers
  • Foreign exchange exposure on export revenues

Financial performance (₹ Cr)

Subscription breakup (final, times)

QIB24.8x
NII15.2x
Retail6.4x
Employee3.1x

IPO Roadmap / Timeline

Current Status · as of 04 Sept 2026
Listed
Listed on 01 Aug 2026
Listed 34 days ago
  1. IPO Opens

    Completed
    23 Jul 2026

    Bidding starts for all investor categories

  2. IPO Closes

    Completed
    27 Jul 2026

    Last day to place your bid

  3. Basis of Allotment

    Completed
    29 Jul 2026

    Share allotment finalised

  4. Refund Initiation

    Completed
    30 Jul 2026

    Refunds credited for non-allottees

  5. Credit to Demat

    Completed
    31 Jul 2026

    Allotted shares credited to demat account

  6. Listing on Exchange

    Completed
    01 Aug 2026

    Shares list on NSE / BSE

Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.

Lot size & minimum investment

Lot Size
50 shares
Price / Share (upper)
300
Min Investment (1 lot)
15,000
Price Band
285300
Retail
≤ ₹2,00,000
Min lots
1
Min shares
50
Min amount
₹15,000
Max amount
₹195,000
sHNI (Small HNI)
₹2L – ₹10L
Min lots
14
Min shares
700
Min amount
₹210,000
Max amount
₹990,000
bHNI (Big HNI)
> ₹10L
Min lots
67
Min shares
3350
Min amount
₹1,005,000
Max amount
₹1,080,000

Shares reserved per category & allotment probability

QIB
4% allotment
Reservation
50%
Amount
₹212.5 Cr
Shares offered
7,264,958
Shares bid
180,170,958
Subscribed
24.80x
NII
6.6% allotment
Reservation
15%
Amount
₹63.75 Cr
Shares offered
2,179,487
Shares bid
33,128,202
Subscribed
15.20x
Retail
15.6% allotment
Reservation
33%
Amount
₹140.25 Cr
Shares offered
4,794,872
Shares bid
30,687,181
Subscribed
6.40x
Employee
32.3% allotment
Reservation
2%
Amount
₹8.5 Cr
Shares offered
290,598
Shares bid
900,854
Subscribed
3.10x

Retail is a lottery-based allotment when oversubscribed; QIB/NII get pro-rata. Probability ≈ 1 / subscription times (100% if under-subscribed).

Date-wise daily subscription (all categories)

Date / DayQIB (x)NII (x)Retail (x)Employee (x)Total
23 Jul
Day 1
3.75x2.57x1.02x0.51x7.85x
24 Jul
Day 2
13.15x9.61x3.19x1.87x27.82x
25 Jul
Day 3
19.89x9.78x5.06x2.24x36.97x
26 Jul
Day 4
24.80x13.51x6.31x2.86x47.48x
27 Jul
Day 5
24.80x14.23x6.40x2.86x48.29x

Date-wise cumulative subscription figures per category, refreshed each bidding day.