Posted By : Kishore B.S
Expect market to open on a flat note on account of global cuesIssue SGX Nifty up by 5 points.
About Wonderla holidays IPO
The Issue opens 21-Apr-14 and Issue closes on 23-Apr-14, Issue price band is between 115 – 125 The No. of shares on offer (crore) 1.45, Issue size (crore) 167 – 181
The allocation for QIB Stands at 50%, Non-institutional at 15% and Retail at
Post Issue Details
Mcap @ 125 706
P/E FY14E 18.6
P/E FY15E 17.2
Public + Institutions 25.8%
Introduction to Wonderla
Wonderla Holidays Ltd (Wonderla) is one of the leading amusement park operators in India. The company has been promoted by the promoter of V-Guard Industries, where we have a positive view. The company commissioned its first amusement park in Kochi in 2000 and the second in Bengaluru in 2005. Wonderla also
started a resort at its Bengaluru amusement park in March 2012. As part of the expansion plan, the company is planning to open one more park at Hyderabad, which is the objective of this IPO.