Bookbuilding IPO | ₹181 Cr | Listed at BSE, NSE | Mon, Apr 21, 2014 - Wed, Apr 23, 2014
Wonderla Holidays IPO is a book build issue of ₹181.26 crores. The issue is entirely a fresh issue of 1.45 crore shares of ₹181.26 crore.
Wonderla Holidays IPO bidding started from Apr 21, 2014 and ended on Apr 23, 2014. The shares got listed on BSE, NSE on Sep 5, 2014.
Wonderla Holidays IPO price band is set at ₹125 per share. The lot size for an application is 100. The minimum amount of investment required by an retail is ₹12,500 (100 shares) (based on upper price). The lot size investment for sNII is 17 lots (1,700 shares), amounting to ₹2,12,500, and for bNII, it is 81 lots (8,100 shares), amounting to ₹10,12,500.
Edelweiss Financial Services Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue.
Refer to Wonderla Holidays IPO RHP for detailed Information.
IPO Open
Mon, Apr 21, 2014
IPO Close
Wed, Apr 23, 2014
Issue Price
₹125 per share
Market Cap (Pre-IPO)
₹706.26 Cr
| IPO Date | 21 to 23 Apr, 2014 |
| Listed on | Fri, Sep 5, 2014 |
| Face Value | ₹10 per share |
| Price Band | ₹115 to ₹125 |
| Issue Price | ₹125 per share |
| Lot Size | 100 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 1,45,00,670 shares (agg. up to ₹181 Cr) |
| Fresh Issue | 1,45,00,670 shares (agg. up to ₹181 Cr) |
| Share Holding Pre Issue | 4,20,00,000 shares |
| Share Holding Post Issue | 5,65,00,670 shares |
| BSE Script Code / NSE Symbol | 538268 / WONDERLA |
| ISIN | INE066O01014 |
Wonderla Holidays IPO comprises a total issue size of 1,45,00,000 shares. Out of which, 72,50,000 (50.00%) are allocated to QIB, 21,75,000 (15.00%) allocated to NII 50,75,000 (35.00%) allocated to RII.
| Investor Category | Shares Offered | % of Total Issue | Max Allottees |
|---|---|---|---|
| QIB Shares Offered | 72,50,000 | 50.00% | NA |
| − Anchor Investor Shares Offered | 21,75,000 | 15.00% | NA |
| − QIB (Ex. Anchor) Shares Offered | 50,75,000 | 35.00% | NA |
| NII (HNI) Shares Offered | 21,75,000 | 15.00% | NA |
| Retail Shares Offered | 50,75,000 | 35.00% | 50,750 |
| Total Shares Offered | 1,45,00,000 | 100.00% |
Investors can bid for a minimum of 100 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 100 | ₹12,500 |
| Retail (Max) | 16 | 1,600 | ₹2,00,000 |
| S-HNI (Min) | 17 | 1,700 | ₹2,12,500 |
| S-HNI (Max) | 80 | 8,000 | ₹10,00,000 |
| B-HNI (Min) | 81 | 8,100 | ₹10,12,500 |
Incorporated in 2002, Wonderla Holidays Ltd is one of the largest operators of amusement parks in India. Currently, Wonderla Holidays own and operate two amusement parks under the brand name 'Wonderla', situated at Kochi and Bangalore and are in the process of setting up their third amusement park in Hyderabad. They also own and operate a resort beside the amusement park in Bangalore under the brand name 'Wonderla Resort' which has been operational since March 2012.
Wonderla amusement parks offers a wide range of water and land based attractions catering to all age groups. They have 22 water based attractions and 34 land based attractions at Wonderla Kochi, situated on 92.95 acres of land and 20 water based attractions and 33 land based attractions at Wonderla Bangalore, situated on 81.75 acres of land. Wonderla Resort is a 'Three Star' leisure resort located beside their amusement park in Bangalore comprising of 84 luxury rooms, with amenities including banquet halls, a board room, conference rooms, a multi-cuisine restaurant, a solar heated swimming pool, recreation area, kids activity centre and a well equipped gym.
| Period Ended |
|---|
| Amount in ₹ Crore |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To set up an amusement park, Wonderla Hyderabad | 170.28 |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 95.48% | 70.97% |
| Market Cap | ₹706.26 Cr. |
The Wonderla Holidays IPO is subscribed 38.06 times on April 23, 2014 5:00:00 PM (Day 3). The public issue subscribed 7.55 times in the retail category, 16.71 times in the QIB category, and 159.04 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| QIB | 16.71 | 50,75,000 | |
| NII | 159.04 | 21,75,000 | |
| Retail | 7.55 | 50,75,000 | |
| Total | 38.06 | 1,23,25,000 |
This Issue has been graded by CRISIL Limited as CRISIL IPO Grade 4/5, indicating that the fundamentals of the Issue are above average relative to other listed equity securities in India. The IPO grading is assigned on a five point scale from 1 to 5 with an IPO grade 5 indicating strong fundamentals and IPO grade 1 indicating poor fundamentals.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Fees of Book Running Lead Managers (including underwriting commission) | 4.51 |
| 2 | Commission/processing fee for SCSBs * | 0.04 |
| 3 | Brokerage and selling commission for BRLMs and Registered Brokers | 0.59 |
| 4 | Registrar to the Issue | 0.23 |
| 5 | Other advisors to the Issue | 1.22 |
| 6 | Others - Listing fees | 0.44 |
| 7 | Others - Printing and stationary | 1.20 |
| 8 | Others - Advertising and marketing expenses | 2.46 |
| 9 | Others - Miscellaneous | 0.28 |
Wonderla Holidays Limited (the “Company”) has finalized the allocation of 2,175,000 Equity Shares (15% of the total Offer of 14500000 Equity Shares) to 3 Anchor investors at Rs. 125 per equity share (upper end of the price band) aggregating to Rs. 271.875 mn (Rs. 27.19 crores). The Anchor Investors’ list includes HDFC Trustee Company Limited (HDFC Mutual Fund), Aditya Birla Private Equity Trust & TVS Shriram Growth Fund (TVS Capital). The Price Band has been fixed between Rs. 115 and Rs. 125 per Equity Share. The Issue opens on April 21, 2014.
The details of the Anchor Investors to whom shares have been allotted are also available on the National Stock Exchange of India Limited (NSE) and BSE websites.
The Company has allocated 675,000 equity shares (31.04% of the total anchor portion) to Aditya Birla Private Equity Trust; 775,000 equity shares (35.63% of the total anchor portion) to TVS Shriram Growth Fund 1B; 725,000 equity shares (33.33% of the total anchor portion) to HDFC Trustee Company Limited – HDFC Infrastructure Fund.
The Company proposes an initial public offering of 14,500,000 equity shares of Rs. 10 each (“Equity Shares”) for cash at a price to be determined through the book-building process (the “Issue”) in accordance with the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009, as amended (the “SEBI Regulations”). The Issue will open on April 21, 2014. The minimal Bid Lot is 100 Equity Shares and in multiples of 100 Equity Shares thereafter. The Bid/ Issue closes on April 23, 2014. Anchor book opened one Working Day prior to the Bid/Issue Opening Date i.e. April 17, 2014.
The Issue would constitute 25.66% of the fully diluted post Issue paid up equity share capital of the Company.
| Price Details | BSE | NSE |
|---|---|---|
| Final Issue Price | ₹125.00 | ₹125.00 |
| Open | ₹164.75 | ₹160.00 |
| Low | ₹156.50 | ₹152.20 |
| High | ₹170.00 | ₹168.00 |
| Last Trade | ₹157.60 | ₹157.80 |
Lead Manager Reports
Wonderla Holidays IPO is a main-board IPO of 1,45,00,670 equity shares of the face value of ₹10 aggregating up to ₹181 Crores. The issue is priced at ₹125 per share. The minimum order quantity is 100.
The IPO opens on Mon, Apr 21, 2014, and closes on Wed, Apr 23, 2014.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Wonderla Holidays IPO using UPI as a payment gateway. Zerodha customers can apply in Wonderla Holidays IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Wonderla Holidays IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Wonderla Holidays IPO opens on Mon, Apr 21, 2014 and closes on Wed, Apr 23, 2014.
Wonderla Holidays IPO lot size is 100, and the minimum amount required for application is ₹12,500.
You can apply in Wonderla Holidays IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Wonderla Holidays IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Wonderla Holidays IPO allotment status.
The Wonderla Holidays IPO listing date is on Fri, Sep 5, 2014.
