Loading market data...
Sat, 04 Jul 2026
10:54:52 pm
Sat, 04 Jul 2026
10:54:52 pm
Synopsis
Imagicaaworld Entertainment approved an investment of up to ₹100 crore in Mehsana Next Parks Private Limited to expand operations of Gujarat’s Shanku’s Water Park. The investment will be made through equity and debt instruments as part of the company’s strategic growth plans in India’s leisure and entertainment sector.
Imagicaaworld Entertainment Limited has approved a strategic investment of up to ₹100 crore to expand its presence in Gujarat’s water park and amusement park industry through a partnership involving Shanku’s Water Park, one of the largest water parks in the state.
The company’s Board of Directors approved the proposal during its meeting held on May 15, 2026. The investment will be made in Mehsana Next Parks Private Limited (MNPPL), a subsidiary of Keshav Holiday Resort Private Limited (KHRPL), which operates under the Shanku’s Water Park brand.
The company stated that the transaction forms part of its long-term strategic growth plans and aims to strengthen its footprint in India’s growing leisure and entertainment sector.
The investment will be structured through a combination of equity contribution and debt securities.
Imagicaaworld Entertainment is entering Gujarat’s water park segment through a strategic collaboration with Keshav Holiday Resort Private Limited and its subsidiary MNPPL.
The partnership is focused on operating and expanding Shanku’s Water Park through a special purpose vehicle structure.
Loading chart...
| Parameter | Details |
|---|---|
| Investing Company | Imagicaaworld Entertainment Limited |
| Investment Vehicle | Mehsana Next Parks Private Limited |
| Maximum Investment Amount | ₹100 Crore |
| Investment Structure | Equity Contribution + Debt Securities |
| Business Focus | Water Park & Amusement Park Operations |
| Project Brand | Shanku’s Water Park |
| Location | Gujarat |
| Board Approval Date | May 15, 2026 |
The company plans to use its operational expertise and management capabilities to support the project’s growth and long-term business development.
The investment marks Imagicaaworld’s strategic expansion into Gujarat’s leisure and amusement industry, which continues witnessing increasing tourism and recreational demand.
Shanku’s Water Park is considered one of Gujarat’s largest water park destinations and already has an established presence in the regional entertainment market.
The transaction allows Imagicaaworld to expand beyond its existing operations and diversify its entertainment and hospitality portfolio.
| Focus Area | Objective |
|---|---|
| Water Park Expansion | Strengthen regional entertainment footprint |
| Operational Expertise | Improve management and customer experience |
| Tourism Growth | Tap rising leisure travel demand |
| Brand Expansion | Increase presence across western India |
| Long-Term Revenue Growth | Expand recurring entertainment business |
India’s organized entertainment and leisure sector has been witnessing growing investments driven by rising disposable incomes, family entertainment demand, domestic tourism growth, and urbanization.
The Board approved entering into an Investment Agreement along with related agreements and documentation required for the proposed transaction.
The investment in MNPPL will be made through a combination of:
The exact mix between equity and debt instruments will be finalized mutually between:
The company stated that the transaction structure aligns with its strategic growth plans and operational expansion strategy.
Imagicaaworld plans to contribute operational management expertise as part of the collaboration.
The company believes its experience in theme parks, entertainment operations, hospitality, and customer engagement can help strengthen the operational efficiency and visitor experience of Shanku’s Water Park.
Management services are expected to play an important role in:
The move also reflects increasing consolidation and strategic partnerships in India’s leisure and entertainment sector.
India’s amusement park and leisure industry has seen increasing demand due to:
Water parks and amusement destinations are increasingly becoming integrated tourism and entertainment hubs.
States such as Gujarat have also witnessed rising tourism-related investments and infrastructure development over recent years.
The expansion into Gujarat provides Imagicaaworld exposure to a growing regional entertainment market with long-term growth potential.
The disclosure was made under Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.
The company stated that detailed disclosures required under SEBI regulations and master circular provisions will be submitted after execution of definitive agreements.
The communication was submitted to:
The filing was signed by Reshma Poojari, Company Secretary and Compliance Officer of Imagicaaworld Entertainment Limited.
Imagicaaworld Entertainment Limited operates in the entertainment, amusement park, and hospitality sector in India.
The company is known for operating theme parks, water parks, and entertainment destinations focused on tourism and family recreation experiences.
The latest investment reflects the company’s continued strategy of expanding through strategic partnerships, regional diversification, and operational management opportunities.
Imagicaaworld Entertainment’s proposed ₹100 crore investment in Gujarat’s Shanku’s Water Park marks a significant expansion move into the regional water park and leisure entertainment market.
The partnership with Keshav Holiday Resort and Mehsana Next Parks Private Limited strengthens the company’s long-term growth strategy while leveraging operational expertise and management capabilities.
As India’s leisure and tourism industry continues expanding, strategic investments in regional entertainment infrastructure may create long-term growth opportunities for organized amusement and hospitality companies.
Imagicaaworld Entertainment Limited approved an investment of up to ₹100 crore in Mehsana Next Parks Private Limited (MNPPL) for the expansion and operation of Shanku’s Water Park in Gujarat.
Shanku’s Water Park is one of Gujarat’s largest water parks and operates under Keshav Holiday Resort Private Limited.
The investment will be made through a combination of:
The investment is aimed at expanding Imagicaaworld’s presence in Gujarat’s water park and amusement park sector while strengthening its long-term growth strategy.
The investment will be made in Mehsana Next Parks Private Limited (MNPPL), a subsidiary of Keshav Holiday Resort Private Limited.
The Board of Directors approved the investment proposal on May 15, 2026.
Imagicaaworld plans to contribute operational expertise and management services for the water park business.
Gujarat has witnessed growing tourism activity, infrastructure development, and rising demand for organized entertainment and family recreation destinations.
Imagicaaworld operates in the entertainment, amusement park, water park, and hospitality sector in India.
Yes, the company disclosed the investment under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.
Financial journalist specializing in market analysis, stock research, and investment trends. Dedicated to providing accurate, timely insights for informed decision-making.
Credentials: Experienced financial journalist with expertise in equity markets and economic analysis
The information provided in this article is for educational and informational purposes only and should not be construed as financial, investment, or legal advice. welomoney does not provide personalized investment recommendations.
For detailed terms and conditions, please read our Disclaimer and Terms of Service.
RailTel Order News: Navratna PSU RailTel wins a ₹13.60 crore DigiThane project from Thane Municipal Corporation for a 10-year contract.
NBCC Q1 FY27 Orders: Navratna PSU NBCC secured 9 new orders worth ₹955 crore during the April–June 2026 quarter.
Steel Strips Wheels, backed by Tata Steel, is strengthening its position in India's EV supply chain with an 80% EV scooter wheel market share, ₹500...
Madhusudan Kela buys a stake in Genus Power Infrastructure as the company benefits from India's smart meter boom.
GK Energy bags a ₹48.02 crore rooftop solar project to install 10 MW across 1,150 locations.
