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Amusement park operator Wonderla Holidays has filed its draft red herring prospectus (DRHP) with Sebi for an intial public offering (IPO) of 14.5 million shares.
The IPO will comprise of 25.66% of the fully diluted post issue paid up equity share capital of the company.
Wonderla Holidays owns and operates two amusement parks under the brand name ‘Wonderla’, at Kochi and Bangalore.
It also owns and operates a resort in Bangalore under the brand name ‘Wonderla Resort’. The company will use the IPO proceeds towards up of third amusement park in Hyderabad.
Edelweiss Financial Services and ICICI Securities will be the book running lead managers for the IPO.
