Investment18 May 2026, 10:59 am
Imagicaaworld Invests ₹100 Cr in Shanku's Water Park
AI Summary
Imagicaaworld Entertainment Ltd has announced a strategic investment of up to ₹100 crore in Mehsana Next Parks Private Limited (MNPPL), the Special Purpose Vehicle that owns and operates Shanku’s Water Park in Gujarat. The investment will be a combination of equity and debt, including capital for expansion. Imagicaaworld will also provide Operations & Management services to Shanku’s Water Park, receiving management fees in the range of 6%-10%. This investment aims to expand Imagicaaworld's footprint in Gujarat's growing leisure market.
Key Highlights
- Imagicaaworld to invest up to ₹100 Cr in Shanku's Water Park via MNPPL.
- Investment includes equity, debt, and capital for future expansion.
- Imagicaaworld will provide O&M services, earning fees of 6%-10%.
- Shanku’s Water Park is spread across 25+ acres with 25+ rides.
- The park is located near Ahmedabad, Gujarat.
Price Impact
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