Shares of Imagicaaworld Entertainment Limited surged nearly 3% to ₹67.50 in early trade on Monday, March 24, 2025, after the company officially inaugurated its newest venture, Aqua Imagicaa Water Park, in Indore, Madhya Pradesh. The opening marks a strategic expansion for the entertainment brand as it strengthens its presence in central India.
The water park, spread across 18 acres, is located just 20 minutes from Indore and Ujjain, aiming to become a go-to destination for families and tourists in the region. Featuring 20 water rides, the park includes a combination of thrilling slides and family-oriented attractions.
Jai Malpani, Managing Director of Imagicaaworld Entertainment, expressed his excitement, noting, “We are thrilled to bring Aqua Imagicaa to Indore, making it the largest water park in Madhya Pradesh and our fifth park under the Aqua Imagicaa brand. With this launch, our total park count reaches eight, and we continue to work towards adding one new park each year.”
The new park is operated by the company’s wholly owned subsidiary, Malpani Parks Indore Private Limited. This launch follows the successful opening of a similar Aqua Imagicaa water park in Surat in March 2023.
Imagicaaworld, listed on both the NSE and BSE, operates popular brands such as Imagicaa, WetnJoy, SaiTeerth, and Aqua Imagicaa. With this expansion, the company continues its strategy of offering diverse, high-quality entertainment experiences across India.
