Wonderla Holidays Limited has finalised the allocation of 2,175,000 equity shares (15 per cent of the total
offer of 14,500,000 equity shares) to three anchor investors at INR125 per equity share aggregating to INR27.19 crore.
The anchor investors are HDFC Trustee Company Limited (HDFC Mutual Fund), Aditya Birla Private Equity Trust, and TVS Shriram Growth Fund (TVS Capital). The price band has been fixed between INR115 and INR125 per equity share. The issue opens on 21 April, 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, as per a release.
The company has allocated 675,000 equity shares (31.04%) to Aditya Birla Private Equity Trust; 775,000 equity shares (35.63%) to TVS Shriram Growth Fund 1B; 725,000 equity shares (33.33%) to HDFC Trustee Company Limited – HDFC Infrastructure Fund.
The company proposes an initial public offering of 14,500,000 equity shares of Rs ten 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 21 April, 2014. The minimal bid lot is 100 equity shares and in multiples of 100 equity shares thereafter. The bid closes on 23 April, 2014. Anchor book opened one working day prior to the bid opening date i.e. 17 April, 2014.
The issue would constitute 25.66% of the fully diluted post issue paid up equity share capital of the company. The 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 Book Running Lead Managers (BRLMs) to the issue are Edelweiss Financial Services Limited and ICICI Securities Limited.
The group currently operates amusement parks in two cities – Kochi and Bengaluru and is looking at opening its third amusement park in Hyderabad.