- Business
- Imagicaaworld Entertainment Limited (IMAGICAA.BO) operates as an integrated entertainment and leisure company in India, developing, owning, and managing theme parks, water parks, snow parks, and related hospitality assets. The company offers core products and services including ticketed amusement experiences at Imagicaa Theme Park and Water Park, which feature over 30 rides and attractions such as Nitro, Scream Machine roller coasters, and Dare 2 Drop free-fall tower; Novus Joy World with family-oriented rides and shows; Snow World indoor snow park with alpine activities; and hotel accommodations at Novotel Imagicaa, including themed rooms, dining outlets, and conference facilities; as well as media and licensing services through its Imagicaa Studios division producing content for film, television, and digital platforms. It serves families, tourists, and corporate groups primarily in the domestic leisure market, with operations centered at its flagship 300-acre destination in Khopoli, Maharashtra, approximately 70 km from Mumbai.
Founded in 2010 as Imagicaaworld Entertainment, the company is headquartered in Mumbai, India, and maintains a focused geographic presence in western India while exploring expansion opportunities. In recent developments within the last two years, Imagicaaworld has pursued strategic debt restructuring and operational enhancements following financial challenges from the COVID-19 impact, including a successful implementation of a resolution plan approved by the National Company Law Tribunal in 2023 that bolstered liquidity and park reopenings. The company launched refreshed attractions and seasonal events at Imagicaa parks in 2024, alongside forming alliances with global ride manufacturers for new installations, and reported improved occupancy and revenue growth in fiscal 2025 driven by domestic tourism rebound. No major acquisitions or name changes have occurred recently, but it continues to optimize its asset-light media segment for diversified revenue streams.