Wonderla Holidays Ltd IPO Message Board (Page 10)

spoke to karvy in hyderabad ..They are saying allotment on 7th..pls confirm..

any news on premium & allotment?

This is reply to M.Gupta comment 113.1 May 02, 2014. Dear Mr Gupta, market price do not go by the asvalue in all cases, otherwise PAGE ind, Eicher, Prestige and so many other companies never reach that price. Market price also depends upon the growth and future prospect of the company. In past I have bought some company with book value far higher than market price, I lost money on it and I bought some stock with very high P/E ratio which is very risky, I made money on it. Might be you are right, but by asvalue you can not judge price. Keep faith, stay Invested carefully.

no news about allotment yet. anyone has any idea?

And then, for IPOs of less than 250 crore, the stock trades in “Trade for Trade” segment – meaning, you pay 100% margin for all buys, and you can’t sell unless you own the stock (no intraday short sells). Trade-for-trade applies for the first 10 days, only for IPOs less than 250 cr.

The broad guidelines divide the companies into two categories with the cut-off point being the size of issue at Rs 250 crs. All companies would on listing day have a call auction which is similar to what happens these days between 9 am and 9.15 am for the companies which are part of the SENSEX and NIFTY. This call auction or price discovery would happen for 1 hour from 9 am to 10 am and then trading would begin as normal with the discovered price or the equilibrium price being the base for the day. First day circuit filters would be 5% for issues below Rs 250 crs and 20% for issues above Rs 250 crs. In case no equilibrium price is discovered than the IPO price would be the base. From day two the normal circuit filters would apply. In addition the really important condition that has been introduced for issues below Rs 250 crs is the fact that such issues would trade on “Trade for Trade” basis which means that every transaction would result in delivery. This would reduce the volume considerably. Readers would recall that the norm for first day trading volume would be anything between 10-20 times the IPO size on day one.

Who will discover the discovered price or equillibrium price

Mr. bhatt
below Rs 250 crs ipo me “Trade for Trade” ki limit kitne din tak rahti he.

Dear Fireball, Your point about footfalls and repeat customers are well taken. But it all depends upon how the Company will go about marketing it. The point is that they are going to establish the Park at Bangalore and if I am correct later at Hyderabad and then to other cities. These two cities are considered as Software hubs and with Multinational presence. Wonderla can tie up with the Indian software companies/mutinationals for bulk purchase of tickets at a discount. When it comes as a freebie, no one will hesitate for a repeat visit. If am correct, some of these companies at present offer tokens of reputed restaurants, multiplexes etc for lunch, snacks, films, etc to their employees. I hope when the business gets scaled up, lots of entrepreneurs in leisure business will join hands with Wonderla to get a cut. The secret is how they scale up from hereon. One thing I can tell is that this will not be run away Company with IPO money.

KARVY always slow with respect to allotments.
Link intime broker is the best with respect to allotment.

Any one received allotment of wonderla please inform

I couldn''t understand why issue price is not yet announced.Its almost 10 days that issue was closed.Also some boarders posted that this scrip would be a T2T (trade to trade)& 5% circuit is applicable.what is the basis of this info? Can someone let us know?

ISSUE SIZE IS SMALL BELOW 250 CR. HENCE LISTING WILL BE IN T2T AND CEILING OF 5% ON THE DISCOVERED OPENING PRICE FOR SOME FEW DAYS

All are apprehensive of Wonderla valuation. The value of a stock is based upon its business potential. Think about an hypothical situation where Disney Land takes a stake in the Company later on for strategic reasons. When I say strategic reasons, I hope you understood it. Also, remember the earning power of Indian youth. They just want some enjoyment with their kids on a weekend. At present where they can get that in a secured environment. The answer is Wonderla. It is just the beginning of this business group. It is a proven business group in Kerala with ethics and work culture. They will not let you down. that is for sure.Get in early before it start flying. Happy investing.

Hi, What you are saying is relevant but Disney operates Theme parks so it will never take a stake in this company. However there is a possibility of Six Flag or Cedar taking a stake in this company. On the other hand, India spend much less on recreational activity, even if they do, its not a habit, it is one time. i had a word with lot of people who had been to wonder la, few have said that they would want to go again despite finding it to be good. So the problem is that repeat customer will be less. For how long can we expect a company to keep getting new customers is a question to be asked.
This company is no doubt a good company having good management proven by the other group listed company it has in the name of V Guard which is doing very good.
I am sure early entrant will have a benefit of operating the business at lower operational cost but this business will come under more like annuity business and may never be able to give some super normal or explosive growth.
There is a high probability of this stock giving normal returns y/y.

ALLOTMENT DAT OR RATIO PLEASE

Read my 504 no comment dated 23-04-2014 i told the forum retail application no is 180,000 alloyment will be from 4 out of 15 allotment will be out on 5th of may listing 8th may current premium 46/48 enjoy

I have applied at Rs.110 per share for 100 shares, if allotment is at Rs.125 per share,then my application is rejected.

Pl advise

Thanks. Just for my understanding, pl clear my one more doubt.

If I have applied at cut off price (Rs.125), if allotment done at Rs.115 per share, then I will get allottment at Rs.115 or at Rs.125.

for 117.2 query,
if you apply at cut off price and issue price fixed at 115 Rs. Then you will be allotted shares at Rs 115 ONLY.

So it is always better as a retail investor to apply at cut off price and not worry about the issue price fixed by the company after the book building process.

ICICI BANK ASBA still not lifted.
No allotment details yet on karvy website either.

No allotment details yet on karvy website.i thing this is fake news...

dear all:
I have checked the annual sell and profit loss statement in detail of company. At issue price the Market Cap of company is almost 750 cr and estimated annual sell is 150cr. Company fundamentals are very good. The stock can double in 6 month period. Keep holding, you will get good return. Might be any foreign company can takeover later.

What is the vested interest in the prediction given by Mr Gupta

Dear Athar,

I cant have any vested interest in this IPO as I cant short it to make profit if it list below issue price.

I just predicted that this Company has a net worth of less than 200 crores with expected annual profit of less than rs. 50 crores with no significant growth as it has a static business model.

Now this is upto you to consider why its fundamental are good at a market cap of rs. 750- 950 crores (issue price 125 v/s expected listing price 165 as suggested by one of our boarders. Now some one urther commented that the share will double in 6 months than its market cap will be rs. 1500 crores for a company which has 3 amusement parks and net worth less than 300 crores (next year post ipo)and sales rs. 150 crores and profit less than rs. 50 crores (current year profit is less than 35 crores).

if these are the fundamentals considered good than please hold. I never said the company is bad.. i said fundamentals compared to issue price..... so when it will come close to rs. 50/- fundamentals will be ok.

now again in speculation every thing is posiible...

nothing wonder about it .sell and exit day1.

WONDERLA WILL LIST AT PAR OR AT A NOMINAL PREMIUM OF RS. 10-20.

THE SHARE IS IN 5% CIRCUIT AFTER PRE OPENING SESSION.

THE SHARE WILL REMAIN IN T2T SEGMENT.

THIS MEANS NO SPECULATIVE ACTIVITIES.

POOR FUNDAMENTAL WHEN COMPARE TO ISSUE PRICE..

WILL BE BELOW 50 AFTER 6 MONTHS OF LISTING

If I take rs. 40 as listing premium then the valuation of this company will be roughly 950 crores. Do u think that it is justified...... a company which will generate 40-50 crore net profit after using ipo funds with static numbers there after

12.5times face value. TCS issued @850times Face Value, was that expensive in your analysis?? First time I heard someone using Face Value to analyse IPO & shares. Check recently launched IPO like Just Dial.

Dear GHP,
It is not certain that every retail investor will get 100 shares becathe IPO is oversubscribed by 7.55 times

It doesnot mean all retail are applying 1 lot.Some body is applying 2 lot,some one 2 lot,some one 3 lot so on . So therefore there is chance for most of the retail bidder to get one lot