Wonderla Holidays Limited offers Initial Public Offering (IPO) on 21 April,2014, Call Us 9650901058

MAYUR VIHAR, India - April 11, 2014 - PRLog -- The first sale of stock by a private company to the public. IPOs are often issued by smaller, younger companies seeking the capital to expand, but can also be done by large privately owned companies looking to become publicly traded.In an IPO, the issuer obtains the assistance of an underwriting firm, which helps it determine what type of security to issue (common or preferred), the best offering price and the time to bring it to market.

Wonderla Holidays Limited offers public issue of 14,500,000 equity shares having face value of Rs. 10 each for cash at a price of Rs. per equity share (including a share premium of Rs. per equity share) aggregating to Rs. crores (The "Issue"). Company may, in consultation with the BRLMS, offer a discount equivalent on the issue price to retail individual bidders. The issue would constitute 25.66% of the fully diluted post issue paid up equity Share capital of the company. Price band : Rs. 115 to Rs. 125 per equity share of face value of Rs. 10 each. The floor price is 11.5 times the face value and the cap price is 12.5 times of the face value.

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