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Imagicaaworld Entertainment gets nod to invest Rs 100 crore in Mehsana Next Parks
May-18-2026

Imagicaaworld Entertainment’s Board of Directors has approved a strategic investment of up to Rs 100 crore in Mehsana Next Parks (MNPPL), the Special Purpose Vehicle which would own and operate Shanku’s Water Park. Shanku’s Water Park, located in Mehsana, Gujarat, is one of the well-established and recognized water parks in the state, with strong access to the large catchment markets of Ahmedabad, Mehsana, Gandhinagar and surrounding regions. 

The proposed investment will be through a combination of equity contribution and debt securities, which will also include additional capital for future expansion and development of new attractions and facilities on surplus land adjoining the Water Park. Imagicaaworld will also provide Operations & Management services to Shanku’s Water Park leveraging its expertise in park operations, guest experience, safety systems, food & beverage and revenue optimization. As part of the O&M arrangement, Imagicaaworld will receive management fees in the range of 6%-10% for providing operational expertise. 

Imagicaaworld Entertainment is engaged in the business of development and operations of theme-based entertainment destinations in India, including theme parks, water parks and associated activities including retail merchandising and food and beverages. 


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