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Wonderla Holidays to launch IPO soon

India Infoline News Service | Mumbai | March 05, 2014 08:14 IST

In April 2013, the company had filed a Draft Red Herring Prospectus with SEBI for an initial public offering

Bangalore-headquartered Wonderla Holidays plans to launch its initial public offering with Rs. 200 crore in a few weeks, according to a media report.
However, not details were provided about how the funds would be used.
The company owns and operates two amusement parks under the brand name Wonderla, in Kochi and Bangalore. It also owns and operates a resort beside the amusement park in Bangalore under the brand name Wonderla Resort.
In April 2013, the company had filed a Draft Red Herring Prospectus with SEBI for an initial public offering of 14,500,000 equity shares of face value of Rs. 10 each for cash at a price to be decided through a 100% book-building process.
The Issue would constitute 25.66% of the fully diluted post issue paid up equity share capital of the company.
The Book Running Lead Managers to the Issue are Edelweiss Financial Services Limited and ICICI Securities Limited.




 

 
 
 
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