A leading amusement park operator is set to embark on a significant financial expansion strategy. The company plans to raise substantial capital through a strategic funding initiative targeting qualified institutional investors.
The proposed fundraising effort involves a carefully structured equity placement that could potentially transform the organisation’s financial landscape. With the total fundraising target positioned at approximately Rs 800 crore. This move signals the company’s commitment to scaling operations and exploring new opportunities in the entertainment and leisure sector.
Share Price Movement
The share price of Wonderla Holidays Limited went up by 14.69 percent to Rs. 947.4 per share on Wednesday, an increase from its previous close of Rs. 826.05 per share. The market capitalisation now stands at approximately Rs. 5,072 crore as of December 04, 2024.
What happened
Wonderla Holidays Limited is raising funds through a Qualified Institutions Placement (QIP) of equity shares valued at ₹829.74 each. The issue’s total size is around Rs 800 crore, and the capital may be raised through various methods, including private placement, QIP, preferential issues, or a combination of these.
Q2 Financial Highlights
According to its recent filing, in the quarter ending September 2024, Wonderla Holidays’s consolidated revenue from operations has decreased by 10.6 percent YOY from Rs. 14 crore in Q2 FY24 to Rs. 15 crore in Q2 FY25 and decreased by 61.2 percent QoQ from Rs. 63 crore in Q4 FY24.
The company’s consolidated net profit has increased by 7.1 percent, from Rs. 14 crore in Q2 FY24 to Rs. 15 crore in Q2 FY25. As compared to the last quarter of 2025, the company’s net profit has decreased by 76.1 percent QoQ from Rs. 63 crore.
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Market Outlook
The industry outlook for the global amusement park industry is positive, with projected growth to reach USD 79.26 billion by 2031. This growth is driven by factors like rapid urbanisation, the increasing popularity of themed experiences, and the adoption of innovative technologies like IoT and blockchain.
The industry is also responding to changing consumer demands, such as the growing interest in eco-friendly alternatives and the need to enhance visitor experiences. Overall, the amusement park industry is well-positioned for continued expansion and growth in the coming years.
Shareholding Pattern
As of the December 2024 shareholding pattern, Wonderla Holidays Limited is primarily held by the promoters at 69.79 percent, foreign institutional investors hold 3.6 percent, and the public with 19.65 percent.
About Company
Wonderla Holidays Limited, a prominent name in India’s entertainment industry, specialises in amusement parks and resorts. Founded in 2002 and headquartered in Bengaluru, the company has become a leader in providing thrilling experiences. It operates four major amusement parks in Kochi, Bangalore, Hyderabad, and Bhubaneswaar, along with a luxury resort near the Bangalore park.
The company is divided into two key segments: amusement parks and resorts, which include admission fees and hotel accommodations, and others, covering merchandise and food sales. Wonderla’s parks are known for their size and diverse attractions. The Kochi park features 56 rides across 94 acres, while the Bangalore park boasts 61 rides on 81.75 acres. Hyderabad’s park, opened in 2016, spans 51.7 acres, and Bhubaneswar’s park, launched in May 2024, is a modern addition to its portfolio.
Wonderla continues to thrive as a leader in the Indian tourism sector, recognised for its excellence in amusement park operations and sustainability.
Written By Fazal Ul Vahab C H
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