Wonderla Holidays IPO to hit capital market on Apr
21
11/04/2014 14:17
Wonderla Holidays, an amusement park operator based in Bangalore is aiming to garner as much as Rs 190 crore via an initial public offering (IPO). The IPO will open on April 21, 2014 and close on April 23, 2014. The company is aiming to use the funds collected via the public issue to finance its greenfield project in Hyderabad. The price band for the issue has been fixed at Rs 115 to Rs 125 per equity share. The issue comprises of 1.45 crore equity shares. “The money raised will be used to fund our new amusement park coming up in Hyderabad. The project cost of the new project is Rs 250 crore. The rest of the money will be raised through internal accruals," Wonderla Managing Director Arun K Chittilappilly”, told the PTI.
11/04/2014 14:17
Wonderla Holidays, an amusement park operator based in Bangalore is aiming to garner as much as Rs 190 crore via an initial public offering (IPO). The IPO will open on April 21, 2014 and close on April 23, 2014. The company is aiming to use the funds collected via the public issue to finance its greenfield project in Hyderabad. The price band for the issue has been fixed at Rs 115 to Rs 125 per equity share. The issue comprises of 1.45 crore equity shares. “The money raised will be used to fund our new amusement park coming up in Hyderabad. The project cost of the new project is Rs 250 crore. The rest of the money will be raised through internal accruals," Wonderla Managing Director Arun K Chittilappilly”, told the PTI.
