Apr 10, 2014, 05.30 PM | Source: Moneycontrol.com

Wonderla Holidays IPO to open on April 21

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.

Bangalore-based amusement park Wonderla Holidays has come out with its public issue of 1.45 crore equity shares having face value of Rs 10 each to raise Rs 200 crore.

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).

Also Read: GMR Energy plans to raise Rs 1,450 cr via maiden IPO

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.


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