Wonderla Holidays has finalised the allocation of 2,175,000 Equity Shares (15 per cent of the total Offer of 14500000 Equity Shares) to three Anchor investors at Rs. 125 per equity share (upper end of the price band) aggregating to Rs. 271.875 mn (Rs. 27.19 crores). The Anchor Investors’ list includes HDFC Trustee Company Limited (HDFC Mutual Fund), Aditya Birla Private Equity Trust & TVS Shriram Growth Fund (TVS Capital). The Price Band has been fixed between Rs. 115 and Rs. 125 per Equity Share. The Issue opens on April 21, 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.
The Company has allocated 675,000 equity shares (31.04 per cent of the total anchor portion) to Aditya Birla Private Equity Trust; 775,000 equity shares (35.63 per cent of the total anchor portion) to TVS Shriram Growth Fund 1B; 725,000 equity shares (33.33 per cent of the total anchor portion) to HDFC Trustee Company Limited – HDFC Infrastructure Fund.
The Company proposes 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 Issue will open on April 21, 2014. The minimal Bid Lot is 100 Equity Shares and in multiples of 100 Equity Shares thereafter. The Bid/ Issue closes on April 23, 2014. Anchor book opened one Working Day prior to the Bid/Issue Opening Date i.e. April 17, 2014.
The Issue would constitute 25.66 per cent of the fully diluted post Issue paid up equity share capital of the Company.