Wonderla Holidays IPO Details

Issue Open Apr 21, 2014
Issue Close Apr 23, 2014
IPO Price ₹125
Face Value ₹10
IPO Size ₹181.25 Cr
Listing At BSE, NSE
IPO Lot Size 100

Wonderla Holidays Limited

Our Company was originally incorporated as a private limited company in Bangalore, Karnataka under (the "Companies Act, 1965") on November 18, 2002 under the same name and style of 'Wonderla Holidays Limited'. Our amusement park in kochi was set up under a public limited company incorporated under the companies act 1956 on February 3, 1998 under the name and style of Veega Holidays and Parks limited, which was subsequently converted in to a private limited company on July 4, 2001 with the name 'Veega Holidays and Parks Private Limited' Persuant to a scheme of amalgamation the erstwhile 'Veega Holidays and Parks Private Limited' was meged with our company with effect from 1, April 2008. Our Company was converted into public company on january 11, 2013 under the name and style of 'Wonderla Holidays Limited'. For further details of our scheme of amalgamation and changes int the registered office of our company. See the Section "History and Certain Corporate Matters" on page 152 Of the prospectus. Registered Office and Corporate office: 28th Km, Mysore Road, Banglore, Karnataka 562 109; Contact Person: Santosh Kumar Barik, Company Secretary and Compliane Officer;
Tel:
(91 80)2201 0333; Fax:(91 80)2201 0324; Email: investors@wonderla.com Website: www.wonderla.com
CIN No: U55101KA2002PLC031224

BASIS OF ALLOTMENT

The Equity Shares are proposed to be listed on the BSE Limited {"BSE") and the National Stock Exchange of India Limited ("NSE") and the trading will commence on or about May 9, 2014.

PUBLIC ISSUE OF 14,500,000* EQUITY SHARES HAVING FACE VALUE OF RS 10 EACH OF WONDERLA HOLIDAYS LIMITED (THE "COMPANY'' OR THE "ISSUER") FOR CASH AT A PRICE OF RS 125 PER EQUITY SHARE (INCLUDING A SHARE PREMIUM OF RS 115 PER EQUITY SHARE) AGGREGATING TO RS 18,125 LAKHS (THE "ISSUE"). THE ISSUE WOULD CONSTITUTE 25.66% OF THE FULLY DILUTED POST ISSUE PAID UP EQUITY SHARE CAPITAL OF OUR COMPANY.
* An additional 670 Equity Shares have been allocated in the Non-institutional investor category for the purpose of rounding off the nearest multiple of the minimum allotment lot.

ISSUE PRICE: RS. 125 PER EQUITY SHARE OF FACE VALUE OF RS. 10 EACH.
THE ISSUE PRICE IS 12.5 TIMES THE FACE VALUE
ANCHOR INVESTOR ISSUE PRICE : RS 125 PER EQUITY SHARE

BID/ISSUE: OPENED ON MONDAY, APRIL 21, 2014 • CLOSED ON WEDNESDAY, APRIL 23, 2014

The Anchor investor Bid/Issue Period was one Working Day prior to the Bid/Issue opening date in accordance with the SEBI Regulations.

PROMOTERS OF OUR COMPANY: KOCHOUSEPH CHITTI LAPPILLY AND ARUN KOCHOUSEPH CHITTILAPP1LLY

In terms of Rule 19(2)(b)(l) of the Securities Contracts (Regulation) Rules, 1957, as. amended ("SCRR"), this is an Issue for at least 25.00% of the post-Issue Equity Share capital. The Issue is being made in accordance with Regulation 26(1) of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements} Regulations. 2009, as amended (the "SEBI Regulations"), through the Book Building Process wherein 50.00% of tha Issue shall be available for allocation on a proportionate basis to Qualified Institutional Buyers. ("QIB") ("QIB Portion"). Up to 30.00% of the QIB Portion has been allocated to Anchor Investors on a discretionary basis ("Anchor Investor Portion'), out of which one-third was reserved for domestic Mutual Funds only, subject to valid Bids being received from domestic Mutual Funds at or above tha Anchor Investor Issue Price, in accordance with the SESI Regulations. 5.00% of the QIB Portion (excluding Anchor Investor Portion) shall be available for allocation on a proportionate basis to Mutual Funds only, and the remainder of the QIB Portion shall be available for allocation on a proportionate basis to all QIB Bidders, including Mutual Funds, subject to valid Bids being received at or above the Issue Price. Further, not less than 15.00% of the Issue shall be available for allocation on a proportionate basis to Non-Institutional Bidders and not less than 35.00% of the Issue shall be available for allocation to Retail Individual Bidders in accordance with SEBI Regulations, subject to valid Bids being received at or above the Issue Price. QIBs (other than Anchor Investors) and Non-Institutional Bidders shall mandatorily participate in the Issue through the Application Supported by Blocked Amounl ("ASBA") process providing details of the bank account which will be blocked by the SCSBs to the extent of the Bid Amount for the same. Retail Individual Bidden may also participate in the Issue through the ASBA process. Anchor Investors are not permitted to participate in the Issue through the ASBA process. For details, see the section "Issue Procedure'' on page 3l6 of the Prospectus.

The Issue received 1,86,724 applications for 47,08,27,700 Equity Shares (prior to technical rejections) resulting in 32.47 times subscription. The details of the applications received in the Issue from Retail Individual Bidders. Non-Institutional Bidders, QIBs excluding Anchor Investors and Anchor Investors are as under (before technical rejections):

Category

No. of Applications No. or Equitv Shares No. of times Subscription
A Retail Individual Bidders 186424 37813000 7.45
B Non-Institutional Bidders 213 345715300 158.95
C Qualifed Institutional Buyers
(excluding Anchor Investors)
84 84819400 16.71
D Anchor Investors 3 2480000 1.14
Total 186724 470827700 32.47

Final Demand

A summary the final demand at different bid prices is as under:

Bid Price No. of Equity Shares % to Total Cumulative Total Cumulative % of Total
115 2054900 0.40% 2054900 0.40%
116 23000 0.00% 2077900 0.41%
117 32100 0.01% 2110000 0.41%
118 16500 0.00% 2126500 0.42%
119 6900 0.00% 2133400 0.42%
120 1790900 0.35% 3924300 0.77%
121 6200 0.00% 3930500 0.77%
122 11100 0.00% 3941600 0.77%
123 10500 0.00% 3952100 0.78%
124 7200 0.00% 3959300 0.78%
125 469966600 92.32% 475925900 93.10%
CUTOFF PRICE 35142200 6.90% 509068100 100.00%

The Basis of Allotment was finalized in consultation with the Designated Slock Exchange, being BSE on May 6, 2014.

A. Allacation to Retail Individual Bidders (After Technical Rejections)

The Basis of Allotment to the Retail Individual Bidders, who have bid at cut-off or at the Issue Price of Rs.125 per Equity Share, was finalized in consultation with the BSE. This category has been subscribed to the extent of 7.32 times. The total number of Equity Shares Allotted in Retail Individual Bidders category is 50,75,000 Equity Shares to 50,750 successful applicants. The category-wise details of the Basis of Allotment are as under:

Category (No. of Equity Shares applied for) No. of Applications Received % to total Total No. of Equity Shares applied % to total No. of Equity Shares allotted per applicant Ratio Total No.of Equity Shares allotted
100 151453 82.48 15145800 40.78 100 76:275 4185800
200 9485 5.17 1897000 5.11 100 21:76 262100
300 2837 1.54 851100 2.29 100 21:76 78400
400 3766 2.05 1506400 4.06 100 21:76 104100
500 2210 1.20 1105000 2.98 100 21:76 61100
600 949 0.52 569400 1.53 100 21:76 26200
700 795 0.43 556500 1.50 100 21:76 22000
800 2985 1.63 2388000 6.43 100 21:76 82500
900 292 0.16 262800 0.71 100 21:76 8100
1000 1492 0.81 1492000 4.02 100 21:76 41200
1100 197 0.11 216700 0.58 100 21:76 5400
1200 448 0.24 537600 1.45 100 21:76 12400
1300 105 0.06 136500 0.37 100 21:76 2900
1400 181 0.10 253400 0.68 100 21:76 5000
1500 748 0.41 1122000 3.02 100 21:76 20700
1600 5686 3.10 9097600 24.50 100 21:76 157100
TOTAL 183634 100.00 37137800 100.00 5075000

B. Allocation to Non-Institutional Bidders (After Technical Rejections)

The Basis of Allotment to the Non-Institutional Bidders, who have bid at the Issue Price of Rs.125 per Equity Share, was finalized in consultation with the BSE. This category has been subscribed to the extent of 158.94 times. The total number of Equity Shares allotted in this category is 21,75,670 Equity Shares 156 successful applicants The category-wise details of the Basis of Allotment are as under:

Category (No. of Equity Shares applied for) No. of Applications Received % to total Total No. of Equity Shares applied % to total No. of Equity Shares allotted per applicant Ratio Total No.of Equity Shares allotted
1700 13 6.25 22100 0.01 100 1: 13 100
1800 2 0.96 3600 0.00 100 1: 2 100
2000 6 2.88 12000 0.00 100 1: 6 100
2400 6 2.88 14400 0.00 100 1: 6 100
2500 3 1.44 7500 0.00 100 1: 3 100
2800 1 0.48 2800 0.00 100 1: 1 100
3000 5 2.40 15000 0.00 100 1: 5 100
3200 2 0.96 6400 0.00 100 1: 2 100
3600 1 0.48 3600 0.00 100 1: 1 100
4000 10 4.81 40000 0.01 100 3: 10 300
4800 3 1.44 14400 0.00 100 1: 3 100
5000 3 1.44 15000 0.00 100 1: 3 100
5100 1 0.48 5100 0.00 100 1: 1 100
6000 1 0.48 6000 0.00 100 1: 1 100
Category (No. of Equity Shares applied for) No. of Applications Received % to total Total No. of Equity Shares applied % to total No. of Equity Shares allotted per applicant Ratio Total No.of Equity Shares allotted
7000 1 0.48 7000 0.00 100 1: 1 100
6000 11 5.29 88000 0.03 100 6: 11 600
9800 1 0.48 9800 0.00 100 1: 1 100
10000 4 1.92 40000 0.01 100 3: 4 300
10400 2 0.96 20800 0.01 100 1: 2 100
12000 15 7.21 180000 0.05 100 11:15 1100
15600 1 0.48 15600 0.00 100 1: 1 100
16000 3 1.44 48000 0.01 101 1: 1 303
20000 4 1.92 80000 0.02 126 1  1 504
21000 2 0.96 42000 0.01 132 1: 1 264
24000 1 0.48 24000 0.01 151 1: 1 151
25000 2 0.96 50000 0.01 157 1: 1 314
29800 1 0.48 29800 0.01 187 1: 1 187
30000 2 0.96 60000 0.02 189 1: 1 378
32000 2 0.96 64000 0.02 201 1: 1 402
40000 1 0.48 40000 0.01 252 1: 1 252
48000 1 0.48 48000 0.01 302 1: 1 302
50000 2 0.96 100000 0.03 315 1: 1 630
56000 1 0.48 56000 0.02 352 1: 1 652
60000 1 0.48 60000 0 02 377 1: 1 377
72000 1 0.48 72000 0 02 453 1: 1 453
80000 5 2.40 400000 0.12 503 1: 1 2515
100000 1 0.48 100000 0.03 629 1: 1 629
120000 2 0.96 240000 0.07 755 1: 1 1510
160000 7 3.37 1120000 0.32 1007 1: 1 7049
228000 2 0.96 456000 0.13 1434 1: 1 2868
232800 1 0.48 232800 0.07 1465 1: 1 1465
240000 2 0.96 480000 0.14 1510 1: 1 3020
400000 8 3.85 3200000 0.93 2517 1: 1 20136
480000 2 0.96 960000 0.28 3020 1: 1 6040
600000 2 0.96 1200000 0.35 3775 1: 1 7550
640000 1 0.48 640000 0.19 4027 1: 1 4027
800000 8 3.85 6400000 1.85 5033 1: 1 40264
1040000 1 0.48 1040000 0.30 6543 1: 1 6543
1200000 3 1.44 3600000 1.04 7550 1: 1 22650
1280000 1 0.48 1280000 0.37 8053 1: 1 8053
1600000 4 1.92 6400000 1.85 10066 1: 1 40264
1800000 1 0.48 1800000 0.52 11325 1: 1 11325
2000000 3 1.44 6000000 1.74 12583 1: 1 37749
3200000 1 0.48 3200000 0.93 20133 1: 1 20133
4000000 8 3.85 32000000 9.26 25166 1: 1 201328
4320000 1 0.48 4320000 1.25 27180 1: 1 27180
4560000 1 0.48 4560000 1.32 28689 1: 1 28689
4630000 1 0.48 4630000 1.34 29130 1: 1 29130
6000000 2 0.96 12000000 3.47 37749 1: 1 75498
6100000 1 0.48 6100000 1.76 38378 1: 1 38378
8000000 4 1.92 32000000 9.26 50332 1: 1 201328
8200000 2 0.96 16400000 4.74 51591 1: 1 103182
8640000 1 0.48 8640000 2.50 54359 1: 1 54359
8800000 1 0.48 8800000 2.55 55366 1: 1 55366
10200000 1 0.48 10200000 2.95 64174 1: 1 64174
10500000 1 0.48 10500000 3.04 66061 1: 1 66061
10800000 1 0.48 10800000 3.12 67949 1: 1 67949
11400000 1 0.48 11400000 3.30 71724 1: 1 71724
12000000 7 3.37 84000000 24.30 75499 1: 1 528493
12325000 4 1.92 49300000 14.26 77543 1: 1 310172
TOTAL 208 100.00 345701700 100.00 2175670

C. Allocation to QIBs (excluding Anchor Investors)

Allotment to QIBs, who have bid at the Issue Price of Rs.125 per Equity Share has been done on a proportionate basis in consultation with the BSE. This category has been subscribed to the extent of 16.69 times. As per the SEBI Regulations, Mutual Funds were allotted 5% of the Equity Shares available i.e. 2,53,750 Equity Shares and other QIBs and unsatisfied demand of Mutual Funds were allotted the remaining available Equity Shares i.e-. 43,21,250 Equity Shares on a proportionate basis. The total number of Equity Shares allotted in the QIB category is 50,75,000 Equity Shares, which were allotted to 81 successful Applicants,

Category FIs/Banks MFs ICs VCs AIF FII Total
No.of Shares 7,45,548 13,65,834 7,35,993 7,15,000 34,252 14,78,373 50,75,000

D. Allocation to Anchor Investors

The Company has allotted 21,75,000 Equity Shares to 3 Anchor Investors, in consultation with the BRLMs. In accordance with the SEBI Regulations, this represent 30% of the QIB Portion.

The Board of Directors of our Company at its meeting held on May 6, 2014 has taken on record the basis of allotment of Equity Shares approved by the Designated Stock Exchange, being BSE and has allotted the Equity Shares to various sccessful applicants. The CAN-cum-Refund Orders and Allotment Advice will be dispatched to the address of the investors as registered with the depositories on May 8, 2014. Further, instructions to the SCSBs have been dispatched/mailed on May 6, 2014. In case the same is not received within ten days, investors may contact the Registrar to the Issue at the address given below. The Refund Advices have been over-printed with the bank account details as registered, if any, with the depositories. The Equity Shares allotted to the successful allottees have been uploaded on May 7, 2014 for credit into the respective beneficiary accounts subject to validation of the account details with the depositories concerned. Our Company is taking steps to get the Equity Shares admitted for trading on the BSE and NSE within 12 working days of the closure of the Issue.

INVESTORS PLEASE NOTE

The details of the allotment made will be hosted on the website of the Registrar to the Issue, Karvy Computershare Private Limited at http://www.karisma.karvy.com

All future correspondence in this regard may kindly be addressed to the Registrar to the Issue quoting full name of the First/ Sole applicant. Serial number of the Bid-Cum-Application form, number of Equity Shares bid for, name of the Member of the Syndicate, place where the bid was sudmitted and payment details at the address given below:

Karvy Computershare Private Limited
Plot No 17-24, Vittal Rao Nagar, Madhapur, Hyderabad 500 081, Andhra Pradesh. India
Tel: (91 40) 4465 5000, Fax: (91 40) 2343 1551, Email: wonderla.ipo@karvy.com
Investor grievance email: wonderla.ipo@karvy.com. Website: http://karisma.karvy.com
Contact Person: M. Muralikrishna, SEBI Registration No.: INR000000221

Place: Bangalore
Date: May 8, 2014

For WONDERLA HOLIDAYS LIMITED
On behalf of Board of Directors
Sd/-
Managing Director

Wonderla Holidays IPO Basis of Allotment FAQs

  1. 1. How shares are allotted in Wonderla Holidays IPO?

    Check the basis of allotment document above to know about how the shares are allocated in Wonderla Holidays IPO. Note that there is a separate rule for allotment in each investor category (i.e. Retail, Non-Institutional, Institutional, Employee).
  2. 2. What is Wonderla Holidays IPO basis of allotment status?

    The Wonderla Holidays IPO basis of allotment (published above) tells you how shares are allocated to you in Wonderla Holidays IPO and category wise demand of IPO share.

    Visit the Wonderla Holidays IPO allotment status page to check the number of shares allocated to your application.

  3. 3. What is Wonderla Holidays IPO allotment process?

    Check the basis of allotment document above to know about how the shares are allocated in Wonderla Holidays IPO. Note that there is a separate rule for allotment in each investor category (i.e. Retail, Non-Institutional, Institutional, Employee).

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