WONDERLA HOLIDAYS STOCK DEBUTS AT A 32% PREMIUM

Wonderla Holidays, listed on the stock exchanges and the scrip, debuted at a 32 per cent premium to the issue price. The initial public offering of the Company was subscribed to nearly 33 times. Over 1.86 lakh applications were received from Investors. The Qualified Institutional Buyers’ portion was subscribed 16.71 times; the Non Institutional Investors’ (High Net worth Individuals – HNIs) portion was subscribed 158.95 times and the retail individual investors’ portion was fully subscribed to around 7.45 times.    
  
The company proposed 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 Price Band had been fixed between Rs. 115 and Rs. 125 per Equity Share. The minimum Bid Lot was 100 Equity Shares and in multiples of 100 Equity Shares thereafter. The Bid/ Issue closed for subscription on April 23, 2014. The Issue would constitute 25.66 per cent of the fully diluted post Issue paid up Equity Share capital of the Company.