Apr 10, 2014, 05.30 PM | Source: Moneycontrol.com
Wonderla Holidays is going to open its Initial Public Offering (IPO) to raise Rs 200 crore on April 21 which will close on April 23, 2014.
The pubilc issue will open for subscription on April 21 and close on April 23. The price band is fixed at Rs 115-125 per equity share.
The main object of the issue is to set up an amusement park in Hyderabad.
Equity shares are proposed to be listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).
Wonderla Holidays operates two largest amusement parks in Bangalore and Kochi under the brand name Wonderla and is in the process to open third one in Ranga Reddy district of Andhra Pradesh (AP).
Edelweiss Financial Services and ICICI Securities are the book running lead managers to the offer. Karvy Computershare is a registrar to the issue.