Wonderla Holidays Reports No Deviation in QIP Fund Utilization for Quarter Ended September 30, 2025

1 min read     Updated on 23 Feb 2026, 04:46 PM
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Reviewed by
Ashish TScanX News Team
Overview

Wonderla Holidays Limited has confirmed no deviation in its Rs.540 crore QIP fund utilization for Q2 FY26, with Rs.358 crore deployed across Chennai park development (Rs.226.68 crore), Bengaluru expansions, and other projects. The company maintains full regulatory compliance under SEBI monitoring by CARE Ratings Limited.

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*this image is generated using AI for illustrative purposes only.

Wonderla Holidays Limited has filed its quarterly compliance report with stock exchanges, confirming no deviation or variation in the utilization of funds raised through its Qualified Institutions Placement (QIP) for the quarter ended September 30, 2025. The submission was made pursuant to Regulation 32 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

QIP Fund Raising Details

The company successfully raised Rs.540 crore through QIP on December 6, 2024, with net proceeds of Rs.525 crore after deducting issue expenses of Rs.15 crore. The fund utilization is being monitored by CARE Ratings Limited as the designated monitoring agency.

Parameter Details
Mode of Fund Raising QIP
Date of Fund Raising December 6, 2024
Amount Raised Rs.540 Crore
Net Proceeds Rs.525 Crore
Monitoring Agency CARE Ratings Limited
Reporting Quarter September 30, 2025

Fund Utilization Breakdown

The company has deployed Rs.358 crore across various capital expenditure projects as originally planned. The largest allocation has been towards the development of Wonderla Chennai Park, which received Rs.226.68 crore out of the allocated Rs.390 crore.

Project Original Allocation (Rs. Crore) Funds Utilized (Rs. Crore)
Wonderla Chennai Park Development 390.00 226.68
Glamping Pods at Wonderla Bengaluru 25.00 25.00
Wonderla Resort Bangalore Refurbishment 16.00 5.68
Roller Coaster at Wonderla Park Bengaluru 16.00 7.64
General Corporate Purpose 78.00 78.00
Issue Expenses 15.00 15.00
Total 540.00 358.00

Regulatory Compliance

The report confirms that there has been no deviation or variation in the use of funds from the originally stated objects. Both the Audit Committee and auditors have provided no adverse comments regarding the fund utilization. The company has maintained full compliance with SEBI regulations and monitoring requirements.

Project Progress

The fund deployment shows significant progress across multiple expansion projects. The Chennai park development remains the primary focus, utilizing over 58% of the allocated funds. The company has also completed funding for glamping pods expansion at its Bengaluru facility and general corporate purposes as planned.

The quarterly compliance report has been made available on the company's website at www.wonderla.com , ensuring transparency for stakeholders and regulatory authorities.

Historical Stock Returns for Wonderla Holidays

1 Day5 Days1 Month6 Months1 Year5 Years
+0.40%-1.98%-4.99%-22.08%-23.71%+140.66%

Wonderla Holidays Reports No Deviation in Rs.540 Crore QIP Fund Utilization for Q3FY26

2 min read     Updated on 04 Feb 2026, 03:37 PM
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Reviewed by
Jubin VScanX News Team
Overview

Wonderla Holidays Limited has confirmed no deviation in its Rs.540 crore QIP fund utilization for Q3FY26, with Rs.447.05 crore deployed across Chennai park development, Bengaluru expansion projects, and corporate purposes. The company raised funds on December 6, 2024, with CARE Ratings Limited serving as the monitoring agency. Major progress has been made on the Chennai park project with Rs.303.94 crore utilized out of Rs.390.00 crore allocated, while Bengaluru projects including glamping pods and roller coaster development show substantial completion.

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*this image is generated using AI for illustrative purposes only.

Wonderla Holidays Limited has filed its quarterly compliance statement with stock exchanges, confirming no deviation in the utilization of funds raised through its Qualified Institutions Placement (QIP) for the quarter ended December 31, 2025. The submission was made pursuant to Regulation 32 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Fund Raising Details

The company successfully raised Rs.540 crore through QIP on December 6, 2024, with net proceeds amounting to Rs.525 crore after accounting for issue expenses of Rs.15 crore. The fund utilization is being monitored by CARE Ratings Limited as the designated monitoring agency.

Parameter Details
Mode of Fund Raising QIP
Date of Fund Raising December 6, 2024
Amount Raised Rs.540 Crore
Net Proceeds Rs.525 Crore
Monitoring Agency CARE Ratings Limited
Reporting Quarter December 31, 2025

Fund Utilization Breakdown

As of December 31, 2025, Wonderla Holidays has utilized Rs.447.05 crore across various strategic projects and corporate purposes. The largest allocation has been directed towards the development of Wonderla Chennai Park, representing the company's expansion into the Tamil Nadu market.

Project Original Allocation (Rs. Crore) Funds Utilized (Rs. Crore)
Wonderla Chennai Park Development 390.00 303.94
Glamping Pods at Wonderla Bengaluru 25.00 25.00
Wonderla Resort Bangalore Refurbishment 16.00 11.18
Roller Coaster at Wonderla Park Bengaluru 16.00 13.93
General Corporate Purpose 78.00 78.00
Issue Expenses 15.00 15.00
Total 540.00 447.05

Compliance and Monitoring

The company's statement confirms that there has been no deviation or variation in the use of funds from their originally stated objects. The audit committee has reviewed the fund utilization and provided no adverse comments, while the auditors have also confirmed no concerns regarding the deployment of the raised capital.

Key compliance highlights include:

  • No modification to original fund allocation objects
  • No shareholder approval required for any changes
  • Monitoring agency oversight maintained
  • Transparent quarterly reporting continued

Project Progress Update

The fund utilization data reveals significant progress across multiple development projects. The Chennai park development has seen substantial capital deployment of Rs.303.94 crore out of the allocated Rs.390.00 crore, indicating active construction and development activities. The Bengaluru expansion projects, including glamping pods and roller coaster installation, show complete or near-complete fund utilization, suggesting these projects are in advanced stages of completion.

The company has also completed the planned refurbishment activities at Wonderla Resort Bangalore, utilizing Rs.11.18 crore of the allocated Rs.16.00 crore for this purpose. All general corporate purposes and issue expenses have been fully accounted for as per the original allocation plan.

Historical Stock Returns for Wonderla Holidays

1 Day5 Days1 Month6 Months1 Year5 Years
+0.40%-1.98%-4.99%-22.08%-23.71%+140.66%

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1 Year Returns:-23.71%