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
scanx
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.

31745274

*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
-0.82%+5.99%+1.91%-19.60%-18.83%+139.01%

Wonderla Holidays Schedules Q3FY26 Earnings Call for February 5, 2026

1 min read     Updated on 22 Jan 2026, 01:05 PM
scanx
Reviewed by
Shriram SScanX News Team
Overview

Wonderla Holidays Limited has scheduled an analyst and investor conference call for February 5, 2026, at 2:30 PM IST to discuss Q3 and nine-month FY26 financial results ended December 31, 2025. The call will be moderated by Ambit Capital and feature key management including MD Arun K. Chittilappilly, CFO Saji K Louiz, and COO Dheeran Choudhary, with multiple domestic and international dial-in options provided for participants.

30612915

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

Wonderla Holidays Limited has formally notified the stock exchanges about an upcoming analyst and institutional investor conference call scheduled to discuss its Q3FY26 financial performance. The company filed the intimation under Regulation 30 on January 22, 2026, addressing both the Bombay Stock Exchange and National Stock Exchange of India Limited.

Conference Call Schedule

The earnings call is set for February 5, 2026, at 2:30 PM IST. During this session, the management will provide commentary on the financial results for the quarter and nine months ended December 31, 2025.

Parameter: Details
Date: February 5, 2026
Time: 2:30 PM IST
Focus: Q3 & 9MFY26 Results
Period Covered: Quarter and nine months ended December 31, 2025

Management Participation

The teleconference will feature senior leadership from Wonderla Holidays, ensuring comprehensive coverage of the company's performance and strategic outlook.

Role: Representative
Managing Director: Arun K. Chittilappilly
Chief Financial Officer: Saji K Louiz
Chief Operating Officer: Dheeran Choudhary
Moderator: Karan Khanna, CFA (Ambit Capital)

Access Information

Ambit Capital is coordinating the conference call and has provided multiple access options for participants. The company recommends joining via DiamondPass to avoid wait times, with registration available through their platform.

Dial-in Numbers

Primary Access:

  • +91 22 6280 1148
  • +91 22 7115 8049

International Toll-Free Options:

  • Singapore: 800 101 2045
  • Hong Kong: 800 964 448
  • USA: 1 866 746 2133
  • UK: 0 808 101 1573

Participants are advised to dial in a few minutes prior to the scheduled start time to ensure smooth connectivity. The formal notification was signed by Company Secretary Srinivasulu Raju Y and submitted to both major Indian stock exchanges as part of the company's regulatory compliance requirements.

Historical Stock Returns for Wonderla Holidays

1 Day5 Days1 Month6 Months1 Year5 Years
-0.82%+5.99%+1.91%-19.60%-18.83%+139.01%

More News on Wonderla Holidays

1 Year Returns:-18.83%