Wonderla Holidays IPO – A Wonderful Buy

The Wonderla IPO was 98% subscribed till yesterday. A good sign. It should go to 2-4 times today being last day. http://m.moneycontrol.com/news/ipo-issues-open/wonderla-ipo-subscribed-98day-2-issue-closes-tomorrow_1072990.html?page=1

JainMatrix Investments


  • Report date 21-April-2014
  • Small Cap – estimated market cap Rs 706 crores post IPO
  • Pricing range: Rs. 115-125
  • Issue Period: 21-23 April 2014
  • Advice: Buy for 2-3 years

JainMatrix InvestmentsSummary:

  • Wonderla Holidays is the first IPO offering in a high potential amusement park industry of India
  • Impressive financials with Income, EBITDA and Profits growing at 21.7%, 22% and 26% over 5 yrs
  • Good Promoter track record 
  • Exciting growth plans for Hyderabad and Chennai

Here is a note on Wonderla Holidays Ltd IPO.  (WHL).

IPO Highlights 

  • IPO opens: 21-23 April’14 with Issue Price band: 115-125 per share
  • Minimum lot size: 100 shares and apply for multiples of this.
  • Shares offered to public: 1.45 crores of Face Value: Rs.10 per share
  • Shares offered of  post issue equity: 25.7%
  • Amount proposed to be raised: Rs.190 crores maximum at upper end of price band
  • IPO proceeds: Rs. 178 crores in setting up an amusement park in Hyderabad and the…

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