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    Please Note: All views and opinions expressed in reader comments are solely those of the individual submitting the comment, and not those of the Chittorgarh.com or its staff.

     

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    514. Manmohan garg  Apr 25, 2014 12:35:29 PM IST |   Reply  |  I Like It.  Like (1)   |  Report Abuse
    Manmohan garg's - IPO RecommendationsIPO Comments,  Public Profile

    Wonderla Holidays Ltd IPO

    At least Rs 4,000 crore worth of leveraged bets by high net worth individuals (HNI) and companies are riding on the Initial Public Offering (IPO) of amusement park operator, Wonderla Holidays.

    Buoyed by an attractive grey-market premium, several wealthy investors have borrowed heavily from non-banking financial companies (NBFCs) to invest in the Rs 180-crore offering of the Kochi-based firm, which has received applications worth Rs 6,800 crore. Also, market sources say, financing arms of several large brokerages have lent to investors at seven-10 per cent interest rate for up to 10 days.

    According to investment bankers, considering the borrowing costs and oversubscription, leveraged investors might break even only if the IPO lists at a premium of 25 per cent or more.

    The cost of acquisition for HNIs — after factoring in the interest costs and allotment ratio — is between Rs 25 and Rs 30 a share, say people with the knowledge of the development. Shares of Wonderla are said to be exchanging hands at around Rs 160 apiece in the grey market, against the expected issue price of Rs 125 when the shares list on or before May 8.

    According to bankers, if the company’s shares list at the current grey-market price, HNIs could still get a spread of Rs 10 apiece. “Grey-market premium indicates that leveraged investors will still make profits, but the quantum could be less due to the heavy oversubscription. Bets could be wrong if the grey-market premium comes down with an adverse change in the secondary market," says an investment banker who does not wish to be named.

    The grey-market premium for Wonderla shares, market players say, has only shot up from around Rs 10 apiece last week to as much as Rs 40 during the IPO period. This has attracted a lot of wealthy investors.

    Leverage-based applications in public offerings are a common practice, where wealthy investors apply for shares with borrowed money and exit on listing.

    In the past, IPOs of commodity bourse Multi Commodity Exchange (MCX) and rating agency CARE had seen subscriptions of more than 100 times in the HNI segment.

    Typically, HNIs invest in issues where listing gains are expected to be in high double digits.

    Earlier, HNIs have been seen getting awry in IPOs like that of Reliance Power, where shares failed to sustain above the issue price. Shares of companies often come under pressure on listing due to heavy selling pressure from leveraged investors.

    The Wonderla IPO, which closed on Wednesday, saw 160 times subscription in the HNI category and 38 times overall. This means an HNI investor applying for 160 shares will be alloted only one share. Wealthy investors and companies are said to have made applications in the range between Rs 10 crore and Rs 100 crore in the issue.

    Source : Business Standard

    http://smartinvestor.business-standard.com/market/Marketnews-238177-Marketnewsdet-Rich_investors_borrowed_Rs_4_000_crtobeton_Wonderlapublicoffer.htm

     

    513. GHP  Apr 24, 2014 4:12:35 PM IST |   Reply  |  I Like It.  Like (2)   |  Report Abuse
    GHP's - IPO RecommendationsIPO Comments,  Public Profile

    Wonderla Holidays Ltd IPO

    "WONDERLA" FULLFILL TOO MUCH.
    any ides about allotment against 200/-share application and gray market of wondla

    from
    Girish patel
    ahmedabad

     

    512. ravipatel  Apr 24, 2014 3:46:34 PM IST |   Reply  |  I Like It.  Like  |  Report Abuse
    ravipatel's - IPO RecommendationsIPO Comments,  Public Profile

    Wonderla Holidays Ltd IPO

    may be 12

     

    511. GHP  Apr 24, 2014 3:08:41 PM IST |   Reply  |  I Like It.  Like  |  Report Abuse
    GHP's - IPO RecommendationsIPO Comments,  Public Profile

    Wonderla Holidays Ltd IPO

    any idea about new ipo.

     

    510. abcd K  Apr 24, 2014 2:18:11 PM IST |   Reply  |  I Like It.  Like  |  Report Abuse
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    Wonderla Holidays Ltd IPO

    I have applied 300 shares of Wonderla.Whether any one please confirm i get 100 shares for sure ? If answer is no what is the probability of getting 100 shares.Thanks in advance

     

    509. BABUKALIA  Apr 24, 2014 1:30:24 PM IST |   Reply  |  I Like It.  Like  |  Report Abuse
    BABUKALIA's - IPO RecommendationsIPO Comments,  Public Profile

    Wonderla Holidays Ltd IPO

    LISTING DATE 8 TH MAY

     

    509.1. tigersher  Apr 24, 2014 1:41:05 PM IST |  I Like It.  Like  |  Report Abuse
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    Wonderla Holidays Ltd IPO

    je baat.."BABUKALIA"

     

    508. tigersher  Apr 24, 2014 1:17:15 PM IST |   Reply  |  I Like It.  Like  |  Report Abuse
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    Wonderla Holidays Ltd IPO

    Listing date kab hai ?

     

    507. S.kumars  Apr 24, 2014 11:10:09 AM IST |   Reply  |  I Like It.  Like  |  Report Abuse
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    Wonderla Holidays Ltd IPO

    number of appl. who apply for 100 share are allmost 3 times against 36000 applicants .means every 100 share bidder will not get confirm allotment .ratio for 100 share could be 3:1 .

     

    507.1. Yo Yo IPO  Apr 24, 2014 12:00:50 PM IST |  I Like It.  Like (1)   |  Report Abuse
    Yo Yo IPO's - IPO RecommendationsIPO Comments,  Public Profile

    Wonderla Holidays Ltd IPO

    I don''t know from where do you get applicant numbers.
    Subscription data is available on NSE and BSE but No. of applicants is not available their.

     

    506. abcd K  Apr 24, 2014 1:27:45 AM IST |   Reply  |  I Like It.  Like  |  Report Abuse
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    Wonderla Holidays Ltd IPO

    I have applied for 300 Wonderla shares In IPO. How many shares i will get in allotment.Thank you.

     

    505. HA  Apr 24, 2014 12:16:56 AM IST |   Reply  |  I Like It.  Like (1)   |  Report Abuse
    HA's - IPO RecommendationsIPO Comments,  Public Profile

    Wonderla Holidays Ltd IPO

    I bid 2 lot @ Rs. 120.00. How many share will get?

     

    505.1. PavanM  Apr 24, 2014 9:40:05 AM IST |  I Like It.  Like  |  Report Abuse
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    Wonderla Holidays Ltd IPO

    That depends on issue price.As the issue is heavily over subscribed, price will be fixed at 125 & you will not get any shares.

     

    504. MONEY HI MONEY  Apr 23, 2014 10:34:36 PM IST |   Reply  |  I Like It.  Like  |  Report Abuse
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    Wonderla Holidays Ltd IPO

    total 1,80,000 applications allotment will be 3.5/1 lottery enjoy

     

    504.1. Thandacool  Apr 23, 2014 11:19:06 PM IST |  I Like It.  Like (2)   |  Report Abuse
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    Wonderla Holidays Ltd IPO

    How do you get the applicant numbers. I could find only shares subscribed for information. on bse and nse site as
    FII 2.10 Times
    DII 14.61 Times
    HNI 159.0 Times
    Retail 7.52 Times
    Overall 38.04 Times

     

    503. ANIZ MUNDOLI  Apr 23, 2014 9:05:01 PM IST |   Reply  |  I Like It.  Like (2)   |  Report Abuse
    ANIZ MUNDOLI's - IPO RecommendationsIPO Comments,  Public Profile

    Wonderla Holidays Ltd IPO

    Every applicant going to receive 1 lot.If still shares remain then will allocated according to the number of bids

     

    502. Yo Yo IPO  Apr 23, 2014 8:30:22 PM IST |   Reply  |  I Like It.  Like (2)   |  Report Abuse
    Yo Yo IPO's - IPO RecommendationsIPO Comments,  Public Profile

    Wonderla Holidays Ltd IPO

    Final Subscription
    FII 2.10 Times
    DII 14.61 Times
    HNI 159.0 Times
    Retail 7.52 Times
    Overall 38.04 Times

     

    502.1. Fireball  Apr 23, 2014 9:08:01 PM IST |  I Like It.  Like  |  Report Abuse
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    Wonderla Holidays Ltd IPO

    Hi .. out of curiosity can u share the link from where u got this subscription figure.. can some one please tell where can i get these figures. please share link. . thanks

     

    502.2. Yo Yo IPO  Apr 23, 2014 9:22:42 PM IST |  I Like It.  Like (1)   |  Report Abuse
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    Wonderla Holidays Ltd IPO

    I have given link in message 66.3

     

    501. Jain vivek  Apr 23, 2014 8:25:18 PM IST |   Reply  |  I Like It.  Like  |  Report Abuse
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    Wonderla Holidays Ltd IPO

    Total Issue Size      1,23,25,000
    Total Bids Received      46,79,66,800
    Total Bids Received at Cut-off Price      3,38,96,200
    No. of times issue is subscribed      37.97
    Graph Logic

     

    500. prakash kundur  Apr 23, 2014 8:16:30 PM IST |   Reply  |  I Like It.  Like  |  Report Abuse
    prakash kundur's - IPO RecommendationsIPO Comments,  Public Profile

    Wonderla Holidays Ltd IPO

    I am asking some basic questions with the IPO.

    1.How do we know the number of applications, as I think the allotment after over subscription will depend on the number of applications and not the number of shares applied.
    In NSE/BSE websites where I am seeing, the quantity is reflected but not the number of applications made.
    2.Is there any point in applying for anything more than the minimum number of shares when the issue will get hugely oversubscribed.

    Please reply as I am not familiar with the new system.
    Thanks

     

    500.1. Yo Yo IPO  Apr 23, 2014 8:28:26 PM IST |  I Like It.  Like (1)   |  Report Abuse
    Yo Yo IPO's - IPO RecommendationsIPO Comments,  Public Profile

    Wonderla Holidays Ltd IPO

    Yes there is benefit even when the issue is highly oversubscribed.

    Actually the difference is that Minimum shares allotted will be only 100 shares otherwise you will get ZERO (and it can''t be between 0 to 100). So the probabilty of getting shares increases for the applicants who are applying more.

    Eg The ratio of successful Applicants can be like that
    For 100 Shares 5%
    FOR 200 Shares 10%
    For 1000 Shares 50%
    But they will be given just 100 shares

     

    500.2. Manmohan garg  Apr 24, 2014 9:59:55 AM IST |  I Like It.  Like  |  Report Abuse
    Manmohan garg's - IPO RecommendationsIPO Comments,  Public Profile

    Wonderla Holidays Ltd IPO

    if issue is highly subscribed like in this case, chances of getting minimum allotment is same for all applicants. The difference comes when, if there are still some shares available, after allocating minimum shares lot to all applications. Remaining shares will be allotted in proportion to those who applied more than minimum lot application.

     

    499. unlisted  Apr 23, 2014 7:07:11 PM IST |   Reply  |  I Like It.  Like  |  Report Abuse
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    Wonderla Holidays Ltd IPO

    NO OF APPLICATIONS - ......... 141,602

    TOTAL SHARES ................ 351,993,400.00

     

    498. unlisted  Apr 23, 2014 6:41:48 PM IST |   Reply  |  I Like It.  Like (1)   |  Report Abuse
    unlisted's - IPO RecommendationsIPO Comments,  Public Profile

    Wonderla Holidays Ltd IPO

    NO OF APPLICATIONS - .... 138,210

    TOTAL SHARES ......... 351,525,000.00

     

    497. Yo Yo IPO  Apr 23, 2014 6:28:21 PM IST |   Reply  |  I Like It.  Like (4)   |  Report Abuse
    Yo Yo IPO's - IPO RecommendationsIPO Comments,  Public Profile

    Wonderla Holidays Ltd IPO

    Seems major subscription has ended and just data for applicants who applied in physical to be entered has left
    Subscription
    FII 2.10 Times
    DII 14.61 Times
    HNI 159.0 Times
    Retail 7.10 Times
    Overall 37.87 Times

     

    496. unlisted  Apr 23, 2014 6:24:36 PM IST |   Reply  |  I Like It.  Like (1)   |  Report Abuse
    unlisted's - IPO RecommendationsIPO Comments,  Public Profile

    Wonderla Holidays Ltd IPO

    NO OF APPLICATIONS - 133,045

    TOTAL SHARES - / 350,757,900.00

     

    495. MONEY HI MONEY  Apr 23, 2014 5:51:20 PM IST |   Reply  |  I Like It.  Like (1)   |  Report Abuse
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    Wonderla Holidays Ltd IPO

    TILL 4.30 1.5 LACS APPLICATIONS IN RETAIL & IT MAY GO UP TO 2LACS TILL CLOSING SO 4ME 1 ALLOTMENT EXPECTED

     

    495.1. R GARG  Apr 23, 2014 6:04:29 PM IST |  I Like It.  Like  |  Report Abuse
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    Wonderla Holidays Ltd IPO

    What is the source of info. Please share the link, thx

     

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