Imagicaaworld Entertainment Limited was initially formed and registered as a Partnership Firm on May 18, 2009 as 'M/s Dream Park', with the Promoters, among others, as partners. The Company was incorporated as Adlabs Entertainment Private Limited on February 10, 2010 at Mumbai as a Private Company. It changed the status into a Public Company on April 27, 2010 and the name of the Company was changed to Adlabs Entertainment Limited and again was changed from 'Adlabs Entertainment Limited' to 'Imagicaaworld Entertainment Limited' via fresh Certificate of Incorporation issued by Registrar of Companies, Mumbai on April 07, 2020.
The Company 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. The flagship project of the company is located at Khalapur, on Mumbai Pune Expressway and is branded Imagicaa - Theme Park' for the theme park component, 'Imagicaa - Water Park' for the water park component, 'Imagicaa- Snow Park' for the snow park component and 'Hotel Novotel- Imagicaa' for the Hotel component.
Currently, it attracts guests from Mumbai, Pune and the rest of Maharashtra and Gujarat, which are some of the more economically developed areas in India.
The Company's Theme Park became fully operational on November, 2013.
Walkwater Properties Private Limited became wholly owned subsidiary of the company with effect from 11 September 2014.
Adlabs' water park became fully operational on October 1, 2014.
In March 2015, the Company came up with a Public Issue of 20,326,227 Equity Shares comprising a Fresh Issue of 18,326,227 Equity Shares and an Offer for Sale of 2,000,000 Equity Shares.
The first phase of Novotel Imagica Khopoli comprising of 116 rooms was launched in September 2015.
The Snow Park was launched in April 2016. Blue Haven Entertainment Private Limited became a wholly ow